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appendix 4 The Content and Method of Licensor’s auditing
appendix 5 Training of Party A’s Personnel
appendix 6 Technical Service or Specialist Send by Party B
appendix 7 Verification and Acceptance of the Contract Product This Contract made____
on_____________ day of____________，By and be-tween __________，organized and existing
under the laws of the People’s Republic of China. with rehistered office at (hereinafter
referred to as Party A) of the first part and __________，organized and existing under
the laws of ____________，with its principal office at________________.
WITNESSTH
Whereas the patent right which said in the Contract os owned by Party B.
Whereas Party B has the right and agreed to grant Paryt A the rights to Use，
manufac-ture and sell the Contract Products of the PPatented Technology;
Whereas Party a hoPe to use the Patented Technology of Party B to manufacture and sell
theContract Products;
Both Parties authorized representatives， through friendly negotiation， have agree
to en-ter into this Contract under the ertms as stipulated below;
Artide 1 Definitions
For the purpose of this Contract， the following terms have the following meanings;
1.1.‘Patented Technology’means those letters patent， and applications therefor
presently owned or hereafter acquired by Party B and/or which Party Bhas or may have the
rigt to control or grant license thereof during the term hereof in any or all countries
of the world and which are applicable to or may be used in the manufacture of Cotract
Products.
1.2. ‘Contract Products’mians the products described in Appendis2 annexed hereto，
to-gether with all improvements and modifications thereof or developments with respect
there-to.
1.3. ‘Patty A’means____________. or his legal representative， agent and inhetitor
to theproperty of the Company.
1.4. ‘Party B’ means___________，or his legal representative，agent and inheritor，
to the property of the Company.
1.5. ‘The Contraet Factory’ means the place which Party Party A manufactures the
Contract Products. That is_______________.
1.6.‘Spare P`menas replacement parts for Contract products or for any part there-of.
1.7. ‘Components’means those components and parts of Contruct Produets which Par-ty
B has agreed or may from time to time agree in writing to permit Party A to manufacture
or sell.
1.8. ‘Technical Documents’meane engineering， manufacturing and originating
inforna-tion relatiog to the manufacture and servicing of Contract Products， including
drawings， blueprints，design sheets， material specifications，
photographs， photostats and general da-ta， and designs and pecifications relating
to manufacturing Contract Producdts， tools and fix-tures， but includes，however， only
such information as is available to Party B and applicable to the operations of Party A
under this Contract which detaile as per Appendis 1 to the Con-tract.
1.9 ‘Net Selling Price’ menans remaining amount of invoice value of the
ContractProd-ucts， after deduction of packahing， installation and freight charges，
trade and discount，commission，insurance and taxes and duties. if any， directly
applicable to the Prdduct.
1.l0 ‘The Date of Coming into Effect of the Contract’means the date of raification
ofthe Contract by the managing constructure of the parties or by the competent
authorities ofboth parties， whichever comes later.
Article2 Scope of the Contract
2.1. Party A agrees to acquire from Party B and Party B agrees to transfer to Party A
the patented Technology for Contract Products. Such Patented Technology shall be in exact
accordance with the technologyof Party B’s latest products.
2.2 Party B grants Party A the non-exclusive right to design and manufacture
ContractProducts in China and to markdt the said Products in China and abroad.
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