AMENDED & RESTATED EXCLUSIVE LICENSE AND DISTRIBUTION AGREEMENTWarrant • December 22nd, 2009 • Geospatial Holdings, Inc. • Services-engineering, accounting, research, management
This Amended and Restated Exclusive License and Distribution Agreement (the “Agreement”) is entered into this 15th day of December , 2009 and shall become effective upon receipt by Reduct (as defined in the Preamble) of the 2009 Minimum Purchase Quantity set forth in Schedule 2.1 hereto (the “Effective Date”), by and among Reduct NV, a company organized and existing under the laws of Belgium with a registered office at Molenberglei 42, B-2627 Schelle, Belgium (“Reduct”), Geospatial Holdings, Inc., a Nevada corporation having an office and its principal place of business at 229 Howes Run Road, Sarver, Pennsylvania 16055, on behalf of itself and its wholly owned subsidiary Geospatial Mapping Systems, Inc. (“Licensee”), and only with respect to the warrant grants pursuant to Section 2.3 hereof, Delta Networks, SA, a company incorporated under the laws of Luxembourg (“Delta Networks”).
