EX-10.9
from 10-Q
10 pages
This License Agreement Made Effective as of the 20th Day of June, 2008. Between: Salamon Group, Inc., of a Nevada Corporation Having Principal Executive Offices Located at 4080 Paradise Road, #15-901, Las Vegas, Nevada, 89169, USA (“Salamon Group”) And: 482229 B.C. Ltd., of Box 2242, Rpo Banks Centre, Kelowna, British Columbia, Canada, V1x 4k6 (The “Licensee”) Whereas: A. Salamon Group Owns the Proprietary Rights to Certain Technology and Electrical Power Generation Products Derived From the Technology (The “Products”); B. the Licensee Has Represented to Salamon Group That It Had the Necessary Expertise, Contacts, Experience, Resources and Facilities to Effectively Manufacture, Market Distribute and Sell the Products in the Jurisdiction; C. Salamon Group Is Willing to Grant to the Licensee the Exclusive Rights to Manufacture, Market, Distribute and Sell the Products in the Jurisdiction Under the Terms and Conditions of This Agreement. This Agreement Witnesses That, for Good and Valuable Consideration, the Receipt and Sufficiency of Which Are Acknowledged by Salamon Group and the Licensee, the Parties Agree as Follows: 1. Interpretation 1.1 the Following Terms Have the Following Meanings
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