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Title: |
Sublicense Agreement |
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Entities: |
Grant Prideco, Inc.; TOTAL SA; Tenaris Connections Bv.; Tubos De Acero De Mexico S.A.; Atlas Bradford Technology; Tubes of Steel of Mexico SA |
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Date: |
2003 |
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Size: |
Preview shows 3KB of 87KB total |
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Price: |
$50 |
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ID: |
#149890 |
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================================================================================
ATLAS BRADFORD TECHNOLOGY SUBLICENSE AGREEMENT
by and between
TENARIS CONNECTIONS BV.
and
TUBOS DE ACERO DE MEXICO S.A.
Dated May 24, 2002
================================================================================
{PAGE}
ATLAS BRADFORD TECHNOLOGY SUBLICENSE AGREEMENT
This Atlas Bradford Technology Sublicense Agreement (this "Agreement") is
entered into as of May 24, 2002, by and between Tenaris Connection BV, a
corporation organized and existing under the laws of The Netherlands, having its
offices at Shiphol Boulevard 271, 1118 BH, Luchthaven Shiphol, Amsterdam
(hereinafter referred to as "Tenaris") a wholly-owned subsidiary of Tenaris
Connections Ltd., a corporation organized and existing under the laws of
Princedom of Liechtenstein, having its offices at Prafadant 11 949 Vaduz,
Princedom of Liechtenstein (hereinafter "Tenaris-L") and Tubos de Acero de
Mexico S.A., a corporation organized and existing under the laws of Mexico,
having its principal place of business at Km 433.5 Carretera Mexico-Xalapa,
Veracruz, Mexico, (hereinafter "Licensee"):
WHEREAS, as of June 19th, 1998, Tenaris-L (formerly known as DST
Distributors of Steel Tubes Ltd.) and Grant Prideco, Inc. ("Grant") have entered
into a Master Technology License Agreement pursuant to which Grant has granted
Tenaris-L the following: (i) the right to sub-license the use of certain
Patents; (ii) the right to sub-license certain technical information and
know-how, in each case, relating to the Threading and Reconstruction of Atlas
Bradford Oil Field Connections, and (iii) the right to sub-license certain
trademarks, commercial names and other designations used in connection with the
manufacture and sale of Atlas Bradford Connections;
WHEREAS, Tenaris-L has assigned in favor of Tenaris its rights to
sub-license certain technology, trademarks and Patents under the terms set forth
in the Master Technology License Agreement;
WHEREAS, Licensee is in the business of providing products and services
to the oil and gas drilling industry;
WHEREAS, Tenaris is willing to grant technology, patent and trademark
licenses and to provide technical assistance to Licensee under certain
conditions;
NOW THEREFORE, in consideration of the premises and of the covenants
and undertakings of the Parties herein below, the sufficiency of which is hereby
acknowledged, Tenaris and Licensee agree as follows:
ARTICLE 1. DEFINITIONS
Unless otherwise defined or the context otherwise requires, capitalized terms
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