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Document Preview Letter Agreement Re: DVD Patent License Agreement |
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Title: |
Letter Agreement Re: DVD Patent License Agreement |
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Entities: |
Metatec International Inc.; Metatec International, Inc.; Gary W. Qualmann; Metatec Inc |
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Date: |
2003 |
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Size: |
Preview shows 2KB of 9KB total |
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Price: |
$33 |
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ID: |
#148909 |
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EXHIBIT 10(y)
January 30, 2003
Metatec International, Inc.
7001 Metatec Boulevard
Dublin, OH 43017
Attn: Mr. Gary W. Qualmann, CFO
Re: DVD Patent License Agreement
Dear Mr. Qualmann:
This letter agreement (the "Letter Agreement") is entered into between Metatec
International, Inc. ("Licensee") and Toshiba Corporation ("Licensor"), under
authorization of the members of the DVD Patent License Group (as defined in the
DVD Patent License Agreement), and will amend and supplement the terms and
conditions of the DVD Patent License Agreement entered into by Licensee and
Licensor as of December 31, 2002 ("DVD Patent License Agreement").
1. Fifth whereas clause shall be hereby amended as follows:
"WHEREAS, Licensee wishes to obtain a license under the DVD Patents to
make, have made, use and sell the DVD Products;"
2. Paragraph 2.1 shall be hereby amended as follows:
"Licensor hereby grants to Licensee and its Affiliates a non-exclusive,
non-transferable license to make, have made, use, sell, import and
otherwise dispose of DVD Products under the DVD Patents or any of their
claims pursuant to the Conditions of Exhibit 3."
3. New Paragraph 2.2.A shall be added as follows:
"Only one royalty payment shall be due for each individual DVD Product
made, used, sold, imported or otherwise disposed of by Licensee, its
Affiliates or its subcontractors."
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