ADDENDUM TO LICENSING AGREEMENTAddendum to Licensing Agreement • May 26th, 2023 • SRM Entertainment, Inc. • Games, toys & children's vehicles (no dolls & bicycles)
This Addendum (“Addendum”) to the Licensing Agreement dated September 1, 2021 (the “Agreement”) between Taylored Concepts, LLC. (“Taylored Concepts”), ProToyTypes, LLC. (“ProToyTypes”) and SRM Entertainment, Inc. (“SRM”) is made this 18th day of June 2022 by and between Taylored Concepts, ProToyTypes and SRM. All capitalized terms used and not defined in this Addendum shall have the meaning given to them in the Agreement.
ADDENDUM TO LICENSING AGREEMENTAddendum to Licensing Agreement • February 22nd, 2007 • Fresh Ideas Media Inc • Services-advertising
It is hereby understood and agreed that the minimum number of Sub-licensee Agreements that the Licensee is obligated to sell within the first twelve (12) month period starting at the signing of this Agreement shall be three (3). If a minimum of three Sub-licensee Agreements are not sold by the Licensee during the 12 month period Licensor, at their option, may consider this Agreement null and void and will have the right to sell a License in all or any part of the Territory. Thereafter, for any 12 month period, the Licensor agrees to sell a minimum of four (4) Sub-licenses.
