LICENCE OPTIONS

CONDITIONS

• NOT EXCLUSIVE
• BASIC OR PREMIER LICENCE**
• SPECIFIC TO AN APPLICATION OR A TERRITORY
• SINGLE COMPANY AGREEMENT NOT TRANSFERABLE TO A THIRD PARTY
• WORLDWIDE SALES FOR SPECIFIC APPLICATION
• ANNUAL MAINTENANCE FEE PAID IN ADVANCE
• EMC APPROVALS RESPONSIBILITY OF LICENSEE
• NOT TO BE USED WHERE PERSONAL SAFETY IS AN ISSUE
• IDENTEC TRADE MARKS ARE NOT USED
• RIGHTS DEFAULT TO IDENTEC AUTOMATICALLY IF
  1. licensee company is sold
  2. licensee company is liquidated
  3. licensee company goes into receivership
  4. licensee fails to pay annual maintenance
  5. licensee is found to be in breach of contract

BASIC LICENCE

BASIC LICENCE refers to the use of IDENTEC TAG ASICS AND CENSUS READERS /SOFTWARE ALREADY USED IN PRODUCTION.FOR THIS LICENCE THE LICENSEE WILL ALWAYS BE DEPENDENT ON IDENTEC for the supply of tag ASIC’s and Reader software.

Examples of basic Licence

PREMIER LICENCE

PREMIER LICENCE refers to the use of the IDENTEC TAG SOFTWARE INCREASINGLY INDEPENDENT OF IDENTEC and/or GENERIC READER SOFTWARE INCREASINGLY INDEPENDENT OF IDENTEC. This will enable Licensees to develop their own system to be virtually independent of IDENTEC These Licenses will only be sold to companies registered in countries in which the rule of law will allow substantial damages for breach of contract and which recognise international I.P.R.

Examples of Premier Licence

For further information contact Harold Dodd on – harold@identec.com