BlueStack Systems
Inc.
Technology
License and Services Agreement
This Technology License and Services Agreement
("Agreement) is entered into as of August 18, 2011 (the "Effective
Date") by and between BlueStack Systems, Inc., having an office at
2105 S. Bascom Ave, #380, Campbell, California 95008, USA
("BlueStacks"), and Nyxio Technologies Corporation, headquartered
at 2156 NE Broadway, Portland, Oregon 97232, USA ("Licensee" or
“Nyxio”). In consideration of the benefits and
obligations exchanged in this Agreement, the parties agree as
follows:
1. CERTAIN DEFINED TERMS.
All terms in this Agreement with
initial capitals have the meanings set forth in Attachment II -
Definitions, unless defined elsewhere. All defined terms in
singular form shall include the plural meanings of such terms and
vice versa, if applicable. All references to a Section, Attachment
or Amendment mean a section, attachment or amendment of this
Agreement. All references to this Agreement include all
attachments, exhibits, exhibit amendments, and
amendments.
2. LICENSE GRANT. BlueStacks grants Licensee a nonexclusive,
non-transferable, worldwide and royalty bearing license to use,
reproduce, have reproduced, perform, display and distribute the
Programs, but solely: (a) for use with or incorporation into
Licensee Products; and (b) for the number of Program copies paid
for by Licensee at the per Program copy license fees specified in
this Agreement. The licenses granted in this Agreement are subject
to all terms, conditions, requirements, restrictions and
limitations set forth in this Agreement. All rights not expressly
granted are reserved by BlueStacks.
3. USE RESTRICTIONS. As a condition to the licenses granted in this
Agreement, Licensee shall not itself, nor permit any third party
to: (a) sublicense, sell, or otherwise distribute any Program
copies separately from Licensee Products, (b) alter, remove,
disable or suppress the display of any end-user license agreement,
copyright, trademark, trade name, logo or trade dress included as
part of the Programs,(c) modify(except as otherwise set forth in
this Agreement), translate, reverse engineer, decompile,
disassemble, or otherwise attempt to learn the design, structure,
algorithms, ideas or source code of any Programs or (d) rent, lease
or otherwise provide temporary access to any Programs.
4.
ADDITIONAL
DELIVERABLES.
4.1. The parties may subsequently add
Deliverables, services and/or other items available by BlueStacks,
to this Agreement using any one of the following
methods:
Method I: (a) Licensee issues a purchase order
to BlueStacks for such Deliverables, services and/or other items,
referencing this Agreement; (b) BlueStacks issues an invoice to
Licensee; (c) BlueStacks delivers the relevant Deliverables,
services and/or other items to Licensee; and (d) Licensee pays
BlueStacks the applicable fees. Each invoice issued by BlueStacks
in response to Licensee's purchase order shall constitute an
Amendment to this Agreement.
Method II: (a) BlueStacks issues a quotation to
Licensee for any such Deliverables, services and/or other items;
(b) Licensee issues a purchase order to BlueStacks for the
Deliverables, services and/or other items listed in the BlueStacks
quote, provided that Licensee's purchase order must mirror the
prices and other terms listed in the BlueStacks quote and
references this Agreement; (c) BlueStacks delivers the relevant
deliverables, services and/or other items to Licensee; and (d)
Licensee pays BlueStacks the applicable fees. Each purchase order
issued by Licensee in response to BlueStacks' quotation shall
constitute an Amendment to this Agreement.
Method Ill: a written amendment to this
Agreement, signed by both parties.
4.2. The terms and conditions of any invoice,
purchase order or other business form or written authorization used
by Licensee will have no effect on the rights, duties or
obligations of the parties with respect to any subsequent
Deliverables, services, and/or other items available from
BlueStacks, regardless of the failure of BlueStacks to object to
those terms or conditions.
4.3 The parties agree that all subsequent
Deliverables, services, and/or other items provided by BlueStacks
to Licensee shall be subject to the terms of this Agreement (unless
otherwise provided in a written agreement duly executed by an
authorized representative of each party).
5. FEES, PAYMENT TERMS AND AUDIT.
5.1 Licensee will pay BlueStacks all fees in
accordance with the terms of this Agreement. Except as otherwise
specified in this Agreement, Licensee will pay all amounts due on
net thirty (30) day terms from BlueStacks' invoice date, in United
States currency. All amounts due under this Agreement are non-
cancelable, and are an absolute commitment.
5.2 Licensee agrees to pay BlueStacks the
per-Program copy royalty set forth in this Agreement ("Royalties")
for each copy of Program reproduced on a Licensee Product. Licensee
will account for and pay all Royalties owed to BlueStacks by
submitting monthly Royalty reports to BlueStacks a form reasonably
acceptable to BlueStacks. Each such report shall be provided to
BlueStacks within thirty (30) days after the end of the subject
month, and will be signed by a representative of Licensee who has
certified that based on a review of Licensee's records kept in
accordance with generally accepted accounting principles, such
report accurately sets forth the number of Program copies
reproduced on Licensee Products during the subject month. With each
Royalty report, Licensee will submit payment for all Royalties due
BlueStacks pursuant to such report. Licensee’s obligation to
furnish monthly Royalty reports and to make monthly Royalty
payments to BlueStacks will continue for as long as Licensee
distributes any Programs on Licensee Products. Royalty reports are
required even if Licensee reports no distribution of any Programs
during a particular month. If Licensee completely stops
distributing Programs, Licensee will promptly provide BlueStacks
with a final monthly Royalty report, a final Royalty payment for
the full amount of all Royalties due, and a written certification
that Licensee has stopped all distribution of Programs on Licensee
Products.
5.3 Licensee shall maintain for a period of
three (3) years following the termination of expiration of this
agreement a complete, clear and accurate record of the Royalty
reports, payments made, invoices received during such fiscal year
sufficient to audit and recalculate any fees due or owing to
BlueStacks.
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Confidential
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BlueStacks Agreement Number:
1012
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5.4 During the term of this Agreement and for a
period of one (1) year thereafter, Licensee agrees that BlueStacks
may hire an independent accounting firm to audit all relevant books
and records for the sole purpose of determining Licensee's
compliance with the obligations of this Agreement in the event of
necessity with Licensee’s prior written consent. BlueStacks
shall not conduct such an audit more than once in any twelve (12)
month period. Any such audit will be conducted at Licensee's
premises during regular business hours, after reasonable notice,
and in a manner that will not unduly interfere with Licensee's
normal business practices. Licensee will provide all reasonable
assistance and cooperation that BlueStacks may request during any
audit. If the audit should disclose any underreporting of payments
due and it is confirmed and verified by Licensee, Licensee shall
within thirty (30) days pay BlueStacks such amounts. If the
underreporting exceeds twenty percent (20%) of the amount due for
the period by which the audit was required, Licensee shall bear the
cost of such audit. All late payments shall be subject to an
additional charge of a half percent (0.5%) per month, associated
with such respective underreporting. In the event that the
underreporting is caused due to intentional and/or willful
misconduct with convincing evidence, Licensee shall pay the double
of the amount of that underreporting plus payment of the fees
associated with the audit, interest of a half percent (0.5%) per
month, and any direct property loss or damage which arose, from
that underreporting to BlueStacks.
5.4 All amounts payable to BlueStacks under this
Agreement are exclusive of any taxes and other charges imposed by
any federal, state, local, or other governmental entity. Licensee
shall be responsible for, and if necessary reimburse BlueStacks for
any such taxes and charges, except for taxes based on
BlueStacks’ net income.
6. DELIVERY AND INTEGRATION.
6.1 Unless otherwise set forth in this
Agreement, BlueStacks will deliver one master copy
(“Master”) of the Deliverables in electronic form to
Licensee within ten (30) business days after final execution of
this Agreement, an Amendment, or in response to Licensee providing
a purchase order to BlueStacks. If delivery is via common carrier,
then it will be FOB, origin BlueStacks’ facility. If delivery
is via BlueStacks’ WWW or FTP site, then: (a) BlueStacks will
provide Licensee with all information needed to download such
Deliverables; and (b) Licensee shall be deemed to have downloaded
and taken possession of all Deliverables on the same date
BlueStacks provides Licensee with the information required to
complete such download.
6.2 Subject to the terms of this Agreement,
BlueStacks grants to Licensee the non-exclusive, non-transferrable
right to use and make copies of the External Documentation solely
in conjunction with the distribution of Programs on Licensee
Products. On Licensee’s sole expense, Licensee will make
copies of the External Documentation provided by BlueStacks for its
distribution along with the Licensee Products, in order to
incorporate it, in whole or in part, into Licensee’s
documentation. Any modification of the Documentation shall be
communicated in writing to BlueStacks so that such
modifica