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Title: |
Business Collaboration Agreement |
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Entities: |
PalmSource, Inc.; Sony Corporation; PalmSource Inc. |
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Date: |
2003 |
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Size: |
Preview shows 4KB of 37KB total |
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Price: |
$36 |
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ID: |
#130410 |
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BUSINESS COLLABORATION AGREEMENT
This Business Collaboration Agreement (Agreement) is entered into as of October 7, 2002 (Effective Date) by and between PalmSource, Inc., a Delaware corporation with a principal place of business at 5470 Great America Parkway, Santa Clara, California 95052-8145, U.S.A. (PalmSource) and Sony Corporation, a Japanese corporation with its principal place of business at 6-7-35 Kitashinagawa, Shinagawa-ku, Tokyo 141-0001, Japan (Sony).
RECITALS:
A. Sony is in the business of designing, developing, manufacturing and marketing handheld computing devices.
B. PalmSource is in the business of designing, developing, manufacturing and marketing operating systems for handheld and/or mobile computing devices; and
C. Effective as of November 12, 1999, Palm, Inc. (predecessor to PalmSource) and Sony entered into a Software License Agreement, as amended (License Agreement, as further defined below) with regard to Sonys developing, manufacturing and marketing handheld computing products incorporating specified PalmSource software and technology related to the Palm Operating system platform.
D. Concurrently with the signing of this Agreement, the parties are also entering into that certain Amendment No. 6 to the Software License Agreement, establishing terms and conditions under which Sony may examine and modify certain Palm Source Code (as defined therein).
E. Concurrently with the signing of this Agreement, Sony through its wholly-owned subsidiary Sony Corporation of America and PalmSource are also entering into that certain Stock Purchase Agreement under which Sony Corporation of America is purchasing certain number of shares of Series A Preferred Stock of PalmSource.
F. The parties desire to enter into certain business collaborations as set forth in this Agreement.
NOW, THEREFORE, the parties agree as follows:
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