Agronaut definition
Examples of Agronaut in a sentence
The shares will be issued within 30 days upon the signing of the contract and be placed in escrow to be transferred to Agronaut evenly every quarter conditioned to the full execution of this contract, non-execution of clause 5 notwithstanding.
Agronaut has for two weeks from the signing of this agreement an option to purchase 3 machines at US$100,000 each.
Agronaut hereby undertakes not to assert, contest or dispute the validity of, or contest the Company's ownership of any patents, copyrights, trademarks, trade names, whether registered or not, or the Company's registration thereof, or the Company's proprietary rights therein.
EXCLUSIVE RIGHTS Agronaut will be given exclusive rights to the following countries: Singapore, Malaysia, Thailand, Indonesia, Brunei, The Philippines, Vietnam Laos, Myanmar, Kampuchea, East Timor, Korea and Taiwan.
The Agronaut Loan shall bear no interest and shall be repaid by the Company (in US$) from the Company's first profits or upon any additional funding to be obtained by the Company from governmental or private sources.
Borrower will not alter the Property in any manner that would materially increase Borrower’s responsibilities for compliance with Law except to the extent necessary to so comply with Law.
If Agronaut execute this option, the Company will issue an extra 300,000 shares on top of the 800,000 given for the marketing effort as mentioned in clause 4 above.
Based on these initial results, Organitech secured a beta site agreement for two machines, to be operated in Singapore, with Agronaut Agricultural Services.
Agronaut is the company who has partnered with Organitech for the execution of the pilot farm stage in Singapore.
Agronaut hereby undertakes not to assert, contest or dispute the validity of, or contest the Company's proprietary rights and ownership of the Beta Site IP or of any patents, copyrights, trademarks, trade names (whether registered or not, or the Company's registration thereof) pertaining thereto.