Trademark License Agreement between Shenyang Joway Industrial Development Co., Ltd. and Tianjin Joway Shengshi Group Co., Ltd.
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Summary
Shenyang Joway Industrial Development Co., Ltd. grants Tianjin Joway Shengshi Group Co., Ltd. the right to use two specific trademarks free of charge for nine years, starting from the date both parties sign the agreement. The license can be renewed if both parties agree in writing. The agreement is effective upon signing and each party keeps a copy with equal legal effect.
EX-10.15 31 v198379_ex10-15.htm
TRADEMARK LICENCE AGREEMENT
Part A:Shenyang Joway Industrial Development Co., Ltd.
Part B:Tianjin Joway Shengshi Group Co., Ltd.
Party A and Party B, through friendly negotiations, in respect of the grant of the two trademarks (hereinafter referred to as the Licensed Titles) owned by Part A, to Part B for the rights to use, have agreed to enter into this Agreement as follows:
Article 1 Name and Contents of the Licensed Titles:
1.1 Trademark: 3 ( Registration No. 6104256 )
1.2 Trademark: 11 ( Registration No. 6104253 )
Article 2 Term of License
The agreement shall be valid for a period of nine years from the date of coming into force of the Agreement. The Agreement is renewable for a further period as may be mutually agreed in writing on expiry of the agreement period.
Article 3 Price
Part A grant Part B to use Licensed Titles free of charge.
Article 4 This Agreement shall become effective on the date of signing and sealing by both parties.
Article 5 This Agreement is made in duplicate, holding the same legal effects, one for each party.
Party A
Stamp: Shenyang Joway Industrial Development Co., Ltd.
Date: December 1, 2009
Party B
Stamp: Tianjin Joway Shengshi Group Co., Ltd.
Date: December 1, 2009