—Subject to Change or Update—
Detailed information is required during purchases to get your research package ready for your specific needs. The licensee must specify the desired product before purchasing, and if agreed upon, the files needed for the tasks at hand will be prepared to be submitted through downloadable attachments via email. All details of the licensable products are already submitted on the website for your review. After the negotiation is completed and the licensable intellectual property is decided upon, the payment must be made before the downloadable attachments via email for the intellectual property are submitted. Except for the Dual INC which are licensed at 2 licenses or for four years at the initial licensing fee; The other licensable intellectual properties (Single INC) are licensed at 1 license or for four years at the initial licensing fee. Thereafter, the initial licensing fee becomes 6 months, or a biannual licensing fee of royalty payments set at a decided percentage per your sales or profits from selling or doing business by using the product. The licensable intellectual property for a four-year licensing fee is nonnegotiable. If the licensee cannot produce a desired product within 4 years, the royalties are negotiable and can be redacted. However, if a resolution cannot be met and the royalties cannot be eventually paid, the licensee must give up all claims in the R&D process and cease ownership of the research and license to R&D the Dual INC, or the Single INC research projects at hand. And no marketing efforts or patenting efforts of the research or byproducts of the research can be made. There are only twelve (12) licenses that will be available for each intellectual property. Besides the settled limitation in licensing potential of each Intellectual Property, twelve (12). What is available to be licensed? There are two (2) intellectual properties, one set of two (2) shares of Dual INC Intellectual Property, and one (1) share of Single INC intellectual Property. All R&D efforts follow the latter, and former agreements used in managing the intellectual properties. Collaboration with R&D is acceptable if only two (2) or four (4) parties as the shares are mentioned purchase an initial package, and the package then becomes exclusive rights to others than a single purchasing party managing or using the package. A license is transferable at the same agreement once 4 years have passed at a fee paid to the licensee or second party or parties. A license can only be transferred after 4 years if the initial licensing fees were fully paid to the first party, the second party, and any party or parties owning the license. Except for the initial transference fees paid by future parties (All other parties the license is transferred to) to own a license, all initial royalty fees will go to the first party, and not any other parties or initial second party (The first entity or entities that purchased the license) that purchases the license. The second party selling the license claim on receiving fees or royalties will be made void after the sale. Thereafter, the fees will be royalty payments for the seller or first party, Atomic Electronic Weight Chips and Circuits, Inc., or its shareholders if any other entity owning shares of the corporation is applicable. This agreement is valid beyond 25 years from the date of the product license being purchased by any second party since the licensable intellectual properties won’t be patented and the fees being paid or were paid are in the protection of the licensable intellectual properties. Any entity can purchase a new license from the first party at any time after another second party purchases a license. However; “There are only twelve (12) licenses that will be available for each intellectual property. Besides the settled limitation in licensing potential of each Intellectual Property, twelve (12). What is available to be licensed? There are two (2) intellectual properties, one set of two (2) shares of Dual INC Intellectual Property, and one (1) share of Single INC intellectual Property.”. While others own a Research License to R&D a Single INC, or Dual INC for whatever needs, all licensed customers are sworn as exclusive licensees beyond 25 years or 25 years after the 12 licenses (3 of 3 x 4, and 6 of 2 x 6) (24 shares) of each intellectual property are licensable.
—Subject to Change or Update—