Software Joint Venture Agreement

One of the main problems is the ownership of the intellectual property of the joint ventures. The economic reality is that in the absence of an agreement, the intellectual property resulting from the joint venture can be jointly owned. This rule also applies where the parties do not intend to do so. This JOINT VENTURE AGREEMENT is the following specific areas: 1) aggregation, 2) content, 3) software development and 4) software adaptation. This joint enterprise agreement (“agreement”) will come into force today, March 17. 2003, between English Computerized Learning, Inc., the content source customer partner (“CSP”), headquartered in nr. 208, 5405 – 99th Street, Edmonton, Alberta, Canada T6E 3N8, and Asia Broadband, Inc., the education partner – Applications Service (“E-ASP”), located at 10 Glen Lake Parkway, Suite 130, Atlanta, Georgia 30328. For the purposes of this agreement, “E-ASP” is asia Broadband, Inc. or one of its subsidiaries or subsidiaries. 32. This agreement constitutes the whole agreement between the parties on the purpose of this agreement and replaces all previous written or oral agreements. This agreement can only be amended by written and signed acts signed by the parties.

If you participate in software development, think about this: the default position is that the combination of ideas from several people leads to shared ownership of ideas or intellectual property. The consequences for you are that, without explicit agreement, exploitation, including the granting and licensing of intellectual property, is tainted by practical problems. The approval rules for all co-owners differ between different legal systems and between different types of intellectual property rights. 22. E-ASP has the right to offer value-added training and services related to the new online PP CE software. Their risk, if disclosure is exceeded, is that the use of new or extensive intellectual property created with existing intellectual property requires the consent of the original creator. The requirement to obtain consent after collaboration reduces the value of the software created. 30.

In other delivery formats, such as the original state of the PP series. B.dem it is jointly established that it is certain that E-ASP can request additional territories (other international countries) on a case-by-case basis for the distribution and sale of the PP. 19 series. CSP ensures that the PP does not infringe the copyrights, patents, trade secrets or other intellectual property rights of third parties. CSP will compensate and unscath E-ASP from and against all infringement claims, losses, shares and claims, including, but not limited, legal fees, and will immediately correct the PP software after a claim in good faith in infringement so as not to violate E-ASP`s right to use the Software without any violation, nor to guarantee at its own expense.