EXHIBIT 10.6
LICENSE AGREEMENT
This License Agreement (this "Agreement") is made effective as of March 10, 2000
between HCV, Inc., of 000 Xxxxxxxxx, Xxxxx 0000, Xxxx Xxxxx, Xxxxxxxxxx 00000
and Bentley Communications Corp., of 000 Xxxxxxxxx, Xxxxx 0000, Xxxx Xxxxx,
Xxxxxxxxxx 00000.
In the Agreement, the party who is granting the right to use the licensed
property will be referred to as "HCV", and the party who is receiving the right
to use the licensed property will be referred to as "Bentley/OmniBomb".
The parties agree as follows:
1. GRANT OF LICENSE. HCV owns over eighty movies ("movies"). In accordance with
this Agreement, HCV grants Bentley/OmniBomb a non-exclusive license to use on
OmniBomb website the movies. HCB retains title and ownership of the movies.
2. PAYMENT OF ROYALTY. Bentley/OmniBomb will pay HCV a royalty which shall be
calculated as follows: $40,000.
3. MODIFICATIONS. Bentley/OmniBomb may not modify or change the movies in any
manner.
4. DEFAULTS. If Bentley/OmniBomb fails to abide by the obligations of this
Agreement, including the obligation to make a royalty payment when due, HCV
shall have the option to cancel this Agreement by providing 30 days written
notice to Bentley/OmniBomb.
5. ARBITRATION. All disputes under this Agreement that cannot be resolved by the
parties shall be submitted to arbitration under the rules and regulations of the
American Arbitration Association. Either party may invoke this paragraph after
providing 30 days written notice to the other party. All costs of arbitration
shall be divided equally between the parties. Any award may be enforced by a
court of law.
6. TRANSFER OF RIGHTS. This Agreement shall be binding on any successors of the
parties. Neither party shall have the right to assign its interests in this
Agreement to any other party, unless the prior written consent of the other
party is obtained.
7. TERMINATION. This Agreement shall terminate automatically on June 01, 2010.
8. ENTIER AGREEMENT. This Agreement contains the entire agreement of the parties
and there are no other promises or conditions in any other agreement whether
oral or written. This Agreement supercedes any prior written or oral agreements
between the parties.
9. AMENDMENT. This Agreement may be modified or amended, if the amendment is
made in writing and signed by both parties.
10. SEVERABILITY. If any provision of this Agreement shall be held to be invalid
or unenforceable for any reason, the remaining provisions shall continue to be
valid and enforceable. If a court finds that any provision of this Agreement is
invalid or unenforceable, then such provision shall be deemed to be written,
construed, and enforced as so limited.
11. WAIVER OF CONTRACTUAL RIGHT. The failure of either party to enforce any
provision of this Agreement shall not be construed, and enforces as so limited.
12. APPLICABLE LAW. This Agreement shall be governed by the laws of the State of
California.
Licensor:
HCV, Inc.
By: /s/ Xxxxx Xxxxx
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Xxxxx Xxxxx
President
Licensee:
Bentley Communications Corp.
By: /s/ Xxxxxx X. Xxx
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Xxxxxx X. Xxx
President
Date: March 10, 2000
