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Title: |
Technology Assignment and License Back Agreement |
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Entities: |
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Date: |
2000 |
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Price: |
$39 |
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ID: |
#1254729 |
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Execution Draft
Technology Assignment and License Back Agreement
This Technology Assignment and License Back Agreement ("Agreement") is
made effective this 29th day of September, 2000 (the "Effective Date") by and
between Satori, Inc. ("Satori") with offices located at 435 Devon Park Drive,
Building 600, Wayne, PA 19087 and Breakaway Solutions, Inc. ("Breakaway") with
offices located at 50 Rowes Wharf, 6th Floor, Boston, Massachusetts 02110.
Whereas, Satori has engaged Breakaway to create for Satori and assign to
Satori certain Internet technology known as Market Maker (as defined more
specifically below) as well as certain other technology known as Dashboard and
Deallog (as also defined more specifically below);
Whereas, Breakaway desires a license from Satori to provide access to
Market Maker to its Customers (as defined below) and Breakaway desires a license
from Satori to use portions of Dashboard and Deallog;
Whereas, each of the parties desire that Breakaway sell certain Hardware
(as defined below) to Satori; and
Whereas, each of Breakaway and Satori desire to set forth their rights and
obligations with respect to Market Maker, Dashboard and Deallog, the Hardware,
and other related matters.
Now, therefore, intending to be legally bound, Breakaway and Satori agree
as follows:
1. Definitions.
1.1. "Assignment of Transferred Technology" means the Assignment of
Transferred Technology attached hereto as Schedule B.
1.2. "Bill of Sale" means the Bill of Sale attached hereto as Schedule C.
1.3. "Customer" means an entity to whom Breakaway provides access to
Market Maker pursuant to the terms and conditions of the Technology License
Agreement or otherwise as permitted hereby. The term Customer also includes
Breakaway Solutions Asia Pacific Limited (a Bermuda company) and Breakaway
Solutions Japan KK (a Japanese corporation) and all present or future
subsidiaries or affiliates of Breakaway.
1.4. "Dashboard and Deallog" means certain Technology known as Dashboard
and Deallog described in the attached Schedule H and all Enhancements thereto.
1.5. "Documentation" means any and all documentation (including, without
limitation, all applicable systems administration guides, user's guides,
installation guides, data dictionary manuals, functional specification manuals,
table reference manuals, training materials and API
<PAGE>
reference manuals, testing procedures) related to: (i) Market Maker; (ii)
Dashboard and Deallog; or (iii) both (i) and (ii).
1.6. "Effective Date" shall have the meaning set forth above.
1.7. "Enhancements" means, with respect to any Technology, new updates,
new releases, new versions, revisions, patches, error corrections, modifications
and enhancements.
1.8. "Fee Schedule" means the Fee Schedule set forth in Schedule D,
attached hereto.
1.9. "Hardware" means the hardware listed in Schedule E, attached hereto.
1.10. "Intellectual Property Rights" means all intellectual property
rights worldwide relating to Market Maker and Dashboard and Deallog arising
under statutory or common law, and whether or not perfected, including, without
limitation, all: (i) patents and patent applications; (ii) rights associated
with works of authorship including, without limitation, copyrights, copyright
registrations, applications for copyright registrations, mask work rights, mask
work applications, and mask work registrations; (iii) trade secrets and
confidential or proprietary information; (iv) trademarks, service marks,
tradenames, trade dress, logos, slogans, and domain names and all applications
and registrations therefor; (v) all paternity, integrity or other moral rights;
and (vi) all divisions, continuations, renewals, reissues and extensions of the
foregoing (as and to the extent applicable) now existing, hereafter filed,
issued or acquired.
1.11. "Market Maker" means the Technology described in Schedule F and all
Enhancements thereto.
1.12. "Notice of Assignment" means the Notice of Assignment attached
hereto as Schedule G.
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