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TheLicenceContractforPanasonicFrequencyconversionsystem
SignatureDate:2012.01.08
Signatureplace:Beijing
ContractNo.:1009225
China,Beijing,GreeCompany(hereinafterreferredtoas“Licensee”)ontheonehand,andPanasonicCompany,JapanCountry(hereinafterreferredtoas“Licensor”)ontheotherhand;
WhereasLicensorhastheTechnicalKnow-how,whichdesign,manufacture,installandsellthePanasonicFrequencyconversionsystemproducts;WhereasLicensorhasrightandagreedtotransfertheabove-mentionedtechnicalknow-howtoLicensee;
WhereasLicenseehopestousetotechnicalknow-howofLicensortodesign,manufacture,sellandexportthePanasonicFrequencyconversionsystemproducts;
Theauthorizedrepresentativesofbothparties,throughfriendlynegotiations,haveagreedtoenterintotheContractunderthetermsandconditionsasstipulatedbelow:
Article1Definition
1.1“Licensee”meansChinaGreeCompanyorthelegalrepresentative,agentandinheritortothepropertyoftheCompany.
1.2“Licensor”meansPanasonicCompany,JapanCountryorthelegalrepresentative,agentandinheritortothepropertyoftheCompany.
1.3“TheContractproducts”meansalltheproducts,modelandspecificationsasstipulatedinAnnex1totheContract.
1.4“TheTechnicalDocumentation”meansallthetechnicalindices,drawing,designandotherdocumentsrelatingtothecalculation,operation,maintenanceandinspectionoftheContractProductsasstipulatedinAnnex2totheContract.
1.5“TheContractFactory”meanstheplace,whichLicenseemanufacturestheContractProductsbyusingtheTechnicalDocumentationandknow-howsuppliedbyLicensor.ThatisGreefactory,BeijingCity.
1.6“NetSellingPrice”meanstheremainingamountofinvoicevalueoftheContractProducts,deductedbythechargesforpacking,freight,insurancepremium,commission,commercialdiscount,taxationandotherduesaswellasthevalue
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