-3- manufacturers and retailers. The certain services to be provided by Vision were data processing services, referred to as third party service bureau services, related to the Software. Also on February 3, 1995, Vision and Nordic entered into a “Software license agreement” (license agreement) with respect to the Software. The license agreement stated in relevant part: 2. LICENSE GRANT AND RESTRICTIONS. 2.1 License. Subject to the terms and conditions of this Agreement, Nordic grants to Vision, and Vision accepts, an exclusive perpetual worldwide license to use, copy, modify and enhance the Software, Source Materials and Manuals: (i) to provide Third- Party Service Bureau Services to various third parties * * *; and, (ii) to sub-license the Software to FoxVideo to enable FoxVideo to use the Software to process its own data and the data of its affiliates * * * * * * * * * * 4. OWNERSHIP, CONFIDENTIALITY AND PROTECTION OF SOFTWARE AND OTHER TRADE SECRETS. 4.1 Nordic Ownership of Software. This license is not a sale. Except as otherwise provided herein, title and all proprietary rights (patents, trade secrets, copyrights and trade marks) to the Software, and any copy made by Vision are held by Nordic. The Software is copyrighted and is protected by United States and International Copyright Laws. Nordic and Vision on the same day also entered into an annual maintenance agreement under which Nordic agreed “to provide support and maintenance” for the Software and Vision agreed to pay to Nordic a fee in exchange for Nordic’s “On-Call Benefits” and “Time and Material Services”.Page: Previous 1 2 3 4 5 6 7 8 9 Next
Last modified: May 25, 2011