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Post# of 233216
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Anax

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Anax

Re: None

Wednesday, 03/05/2014 4:19:40 PM

Wednesday, March 05, 2014 4:19:40 PM

Post# of 233216
On December 6, 2013, the companies entered into an Exclusive License Agreement for a 10 year term whereby Engel was granted an exclusive license to manufacture and sell injection molding machines to our licensees in exchange for certain royalties to be paid by Engel to us based on a percentage of the net sales price of injection molding machines.
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