THIS AGREEMENT is made on the …….docVIP

THIS AGREEMENT is made on the …….……… day of …………., 20… BETWEEN GS1.UAE, whose registered office is at Dubai UAE, hereinafter referred to as he Licensor, AND ………………………………. whose registered office is at……………………………………..., hereinafter referred to as the Licensee. THE PARTIES AGREE AS FOLLOWS: Definitions - In this agreement the following terms shall have the following meaning: Company prefix number / CPN refers to the sequence of numbers granted by the Licensor to the Licensee which begins with “629” (country code) followed by numerical digits representing a company code as allocated by the licensor. Intellectual Property includes, but is not limited to, the technologies, codes sequencing and other programs used by the Licensor to assign CPN. Further the sequence representation, the pattern of vertical lines white spaces using the CPN are representations/symbols belonging exclusively to the Licensor. Other forms of artistic, creative and aesthetic creations are to be regarded as Intellectual Property of the Licensor. Licensee refers to the applicant of the CPN, with the Licensor and CPN is granted pursuant to the terms and conditions set out by the Licensor hereunder or otherwise. Products refer to the specific goods, items, packaging, etc. on which the Licensee is affixing the graphical representation of the assigned CPN which bears “629” as the first 3 digits. Fee refers to the fee payable (one time registration fee and annual fee) by the Licensee to the Licensor for allotment and right to use CPN by the Licensee. The fee paid is non-refundable. Term refers to the period of maximum of one year that corresponds only with the Registration year standard of ..\..\.. up ..\..\.. (of the next year), i.e. the scheduled period for which the Licensee has been granted the right to use/affix the said CPN. 2. Recitals The Licensor is the sole owner of the CPN and other Intellectual Property. The applicant/Licensee is being provided with a revocable privilege for the use/