Office License Agreement between Bevmax Office Centers 1560, LLC and On2 Technologies, Inc. (July 15, 2005)

Contract Categories: Intellectual Property › License Agreements
Summary

This agreement is between Bevmax Office Centers 1560, LLC (the licensor) and On2 Technologies, Inc. (the licensee). It allows On2 Technologies to use specified office spaces at 1560 Broadway, New York, for six months starting September 1, 2005, with a fixed monthly fee of $9,760 and an additional $715 for phone and internet services. The agreement automatically renews for another six months unless canceled in writing by January 13, 2006, following a reminder notice. A service retainer of $19,360 has been paid. The agreement outlines the rights and obligations for office use.

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EX-10.4 5 v028011_ex10-4.txt LICENSE AGREEMENT BEVMAX OFFICE CENTERS 1560 Broadway, 10th Floor. New York, N.Y. 10036
LICENSE # 0120 DATE 7/15/2005 ------------------------------------------------------------------- Licensee: ON2 TECHNOLOGIES, INC. ------------------------------------------------------------------- (please indicate above if corporation, partnership, etc.) ------------------------------------------------------------------- (1)Principal's/(2)Contact Person's Name: TIM REUSING ------------------------------------------------------------------- Persons Authorized to Use Office: TIM REUSING, DOUGH MCINTYRE, MATT FROST, CHRIS SCHAPDICK, MARGARET DIGGORY, DANIEL SCHERER & ANTHONY CIAVELO ------------------------------------------------------------------- Federal ID # 841280679 ------------------------------------------------------------------- BOC Telephone # (646) 292-3533 ------------------------------------------------------------------- Type of Business: SOFTWARE DEVELOPMENT ------------------------------------------------------------------- Licensed Office(s): 1021, 1032, 1033, 1034, 1041 & 1044 ------------------------------------------------------------------- Fixed Fee/Additional Fees: $9,760.00 FIXED FEE PER MONTH / $715.00 ADDITIONAL FEE PER MONTH FOR 7 PHONES, 5 T-1 LINES & 1 FAX ------------------------------------------------------------------- Commencement Fee: $0.00 ------------------------------------------------------------------- Service Retainer: $19,360.00 (ALREADY RECEIVED) ------------------------------------------------------------------- Broker: ------------------------------------------------------------------- License Term: 6 MONTHS ------------------------------------------------------------------- A) Commencement Date: SEPTEMBER 1, 2005 ------------------------------------------------------------------- B) Termination Date: FEBRUARY 28, 2006 ------------------------------------------------------------------- This License Agreement (hereinafter "Agreement") will automatically renew for 1 consecutive 6 month License Terms at the same Fixed Fee and Additional Fees stated on this 1st page of this Agreement as follows: This Agreement will automatically renew for a 2nd 6 month term from 3/1/06 to 8/31/06 if Licensor does not receive written notice of cancellation BY 1/13/06, provided that Licensor delivers to Licensee between 12/6/05 and 12/13/05 written notice (reminder) stating that Licensee has until 1/13/06 to deliver written notice of cancellation of the 6 month renewal term of License Agreement #0120. All notices to be delivered persuant to paragraph #10c. ------------------------------------------------------------------- Person's Authorized to Sign for Licensee: TIM REUSING ------------------------------------------------------------------- Licensor: BEVMAX OFFICE CENTERS 1560, LLC D/B/A BEVMAX OFFICE CENTERS ------------------------------------------------------------------- This License Agreement made as of 7/15/05 between Bevmax Office Centers 1560, LLC d/b/a Bevmax Office Centers (hereinafter "Licensor") and ON2 TECHNOLOGIES, INC. (hereinafter "Licensee") incorporates page 2 and 3 of this License Agreement (attached hereto) and we both agree to comply with all terms and conditions as delineated on this page and pages 2 and 3 of this License Agreement. Licensee: On2 Technologies, Inc. Licensor: Bevmax Office Centers 1560, LLC d/b/a Bevmax Office Centers -------------------------------- ------------------------------- By: /s/ Tim Reusing By: /s/ Fredric Feld -------------------------------- ------------------------------- Authorized Signature / Date Authorized Signature / Date Tim Reusing Fredric Feld -------------------------------- ------------------------------- Print Name Print Name