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Sunday, February 21, 2021 11:22:25 AM
2.3. Territories. Eontec shall take such action and measures as shall be necessary to ensure that Eontec Licensed Products are not sold or resold in or into the LMT Exclusive Territory by Eontec or any other party in the chain of distribution (whether as a part of a finished product assembled or produced by a third party or otherwise) without first obtaining the prior written consent of LMT. LMT shall take such action and measures as shall be necessary to ensure that LMT Licensed Products are not sold or resold in or into the Eontec Exclusive Territory by LMT or any other party in the chain of distribution (whether as a part of a finished product assembled or produced by a third party or otherwise) without first obtaining the prior written consent of Eontec.
2.4. Sublicensing. The licenses set forth in this Agreement shall exclude the right to sublicense except for the following: (i) sublicenses as to which the Licensor provides prior written consent to the sublicense,
lugee can give his 415,000,000 lqmt shares a waiver/amendment since he has a foot on either side of the fence he is 'both parties'
9.5. No waiver of any of the provisions of this Agreement shall be valid unless in a written document, signed by the party against whom such a waiver is sought to be enforced, nor shall failure to enforce any right hereunder constitute a continuing waiver of the same or a waiver of any other right hereunder. All amendments of this Agreement shall be made in writing and signed by both parties, and no oral amendment shall be binding on the parties.
and then there is the joint development period/agreement under which the various 106c formulas have been developed/improved and under which lugee can 'specify' the terms in the "development agreements"
again his 415,000,000 lqmt shares come into play
ARTICLE 5?TECHNOLOGY DEVELOPMENT AND DERIVATIVES
5.1. Technology Development. The Parties will work together to jointly improve and further develop the Technologies for a period of five (5) years (“Joint Development Period”). The scope and nature of such joint efforts, and the respective responsibilities of the parties in connection therewith, will be set forth in one or more mutually agreeable development agreements or other similar agreements to be entered into by the Parties (“Development Agreements”).
5.2. Improvements and Derivatives. Unless otherwise specified in the applicable Development Agreement, all improvements and further developments of the Technologies by the parties during the Joint Development Period (“Derivative Technologies”) will be owned and licensed as follows: (i) technologies developed solely by one party will be owned by that party, but shall be included as a Licensed Patent or Licensed Technical Information (as the case may be) hereunder, and (ii) technologies developed jointly by the Parties will be jointly owned by the Parties but shall be included as a Licensed Patent or Licensed Technical Information (as the case may be) hereunder. Notwithstanding the foregoing, all derivatives of a party’s Trademarks shall be owned exclusively by that party.
regarding gm (who is a preexisting eon customer that lugee shared an ward with) we dont have to wait until 2050 because lugee has already stated
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145043678
“I am humbled and excited to be presented with the Excellence Award from the IMA. I have many ideas on product design across multiple industries, and I look forward to bringing such innovations to Liquidmetal for its product development and applications. If you have a chance to come to the 2017 World Magnesium Conference in Singapore, I will see you there,” said Professor Li, Chairman and CEO at LQMT.
![](http://investorshub.advfn.com/uimage/uploads/2021/2/21/tyesh1.png)
the above shows precedent/proof that lugee will share his existing customers with his 415,000,000 lqmt shares
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