Replacement Patent License Agreement Sample Contracts

REPLACEMENT PATENT LICENSE AGREEMENT
Replacement Patent License Agreement • April 15th, 2009 • GPS Industries, Inc. • Communications equipment, nec • Delaware

This Replacement License Agreement ("Agreement") is entered into as of the 31st day of December, 2008 (the "Effective Date"), by GPS Industries, Inc., a Nevada corporation having its principal place of business in Sarasota, Florida ("GPSI"), Optimal Golf Solutions, Inc. (“OGSI”), a wholly-owned subsidiary of GPSI and Optimal I.P. Holdings, L.P., a Texas limited partnership having its principal place of business at 8017 Davis Mountain Pass, Austin, Texas 78720 ("Optimal").

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