HPIL Holdings (HPIL)

[ALERTS100%to10000%GAIN]

HPIL~.0017 call,4000% here~MONSTA HUGE ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT .



Merchandise License Agreement with Royal Blue.



On January 11, 2018 HPIL HOLDING signed a Merchandise Licensing Agreement (the “Agreement”) with Royal Blue an Arkansas Company, the “Licensee.” HPIL HOLDING (the “Licensor”) is a public Nevada Corporation, the owner of all right, title and interest throughout the world to World Traditional Okinawa Karate Federation (WTOKF) Logo trademarks and service marks, and variants thereof (the “Marks”). The Licensee is a corporation, which, owns and operates retail and wholesale clothing commercial printing operations.



The Licensor has licensed the use of the Marks to Licensee solely in connection with the retail sale of merchandise by Licensee and its Affiliates pursuant to the terms of this Agreement. Licensee will pay royalties (“Royalties”) to Licensor based on Net Revenues from sales of Merchandise during the Term or subsequent to the termination of this Agreement for any reason. The applicable Royalty percentage will be calculated based on total Net Revenues from sales of all Merchandise during the Term of this Agreement. The Royalty percentages agreed to are as follows: (i) 10% of Net Revenues up to $2,000,000 accrued during the Term of this Agreement, plus (ii) 12.5% of Net Revenues between $2,000,001 and $5,000,000 accrued during the Term of this Agreement, plus (iii) 15% of Net Revenues in excess of $5,000,000 accrued during the Term of this Agreement.



The Licensee is authorized to sell in USA and Canada.



The Term of this Agreement (the “Term”) is five years from the effective date (January 11, 2018) and it is renewable for an additional five-year period.



ITEM 8.01 OTHER EVENTS .



Royal Blue and HPIL HOLDING are further negotiating licensing terms for Mexico and the Caribbean.




HPIL NEW Acquisition

HPIL has also signed an extension of its MOU with RodDoc, LLC for completing a definitive agreement regarding the acquisition of RodDoc on February 28th, 2018. RodDoc has a provisional patent in the ground drilling rod field."
http://www.newmediawire.com/news/hpil-holding-signs-new-memorandum-of-understanding-4820868