EX-10.9 24 g10193exv10w9.htm EX-10.9 DISTRIBUTION OF PROCEEDS & REVENUE SHARE AGREEMENTProceeds and Revenue Share Agreement • May 5th, 2020
EXHIBIT 10.9 DISTRlBUTION OF PROCEEDS AND REVENUE SHARE AGREEMENT THIS AGREEMENT between ESPRE SOLUTIONS, INC. (“ESPRE”) with its principal place of business at 5700 W. Plano Parkway, Suite 2600, Plano, TX 75093 and SureCast Media a Panama Corporation (“SureCast”), with its principal place of business at Place des Philosophes 1205 Geneva Switzerland is for the distribution of proceeds from the sale of SureCast and for a share in revenue of net receipts derived from the sale or license of the technology or derivative works. WHEREAS, ESPRE has provided an exclusive license to the technology for the Entertainment Market and, WHEREAS, SureCast, in consideration of the value received in the exclusive license desires to provide ESPRE with additional compensation in the form of revenue share and a distribution of proceeds in the event that SureCast transfers the exclusive license to a third party; and NOW, THEREFORE, in consideration of the foregoing recitals and the covenants set forth in th
