Business
License Agreement with Shaolin Temple, Henan Province, PRC
License Agreement with Shaolin Temple, Henan Province, PRC.
About this update from Entertainment Arts Research, Inc.
[{"type":"text","content":"ROLE PLAY GAME (RPG) DEVELOPMENT AND DISTRIBUTION PARTNERSHIP AGREEMENT This Partnership Agreement for Software Development and Distribution (the \"Agreement \") is entered into as of (the \"Effective Date\") by and as China Songshan Shaolin Temple Culture Communication Center, of the People’s Republic of China (\"CSSTCCC\"), and Entertainment Arts Research, Inc. (\"Entertainment Arts Research, Inc\"), a Nevada corporation, mutually agree to form a partnership. All capitalized terms used in this Agreement and the attached Glossary Addendum shall be defined terms in the Agreement . 1. PARTNERSHIP BACKGROUND AND PREREQUISITE (a) According to the terms and conditions of this Agreement , any products to be developed and distributed should be categorized as educational Role Player Game (RPG). (b) Serving as the Zen Buddhist holy sites in the world and inheritor of intangible cultural heritage of mankind, Shaolin Temple strives to utilize its inherited way of living with wisdom of life, which includes body-mind integration, unification of knowledge and action, and combination of Zen Wu, to contribute to human. (c) The unique, authentic, and integrated Shaolin Temple and Shaolin Cultural Heritage are full of human values. Both parties shall maintain, protect, and perfectly present these unique values; these actions serves as the prerequisite and guarantee for this project in order for it to be successful and world-widely reputable. 2. PROPERTY ELEMENTS: The elements of the \"Property\" licensed pursuant to the terms and conditions of this Agreement shall consist collectively of (a) any elements associated to the content of the Agreement in granting license to Entertainment Arts Research, Inc; and (b) and other materials that will assist Entertainment Arts Research, Inc in creating the Title, any New Title or Unique Title Assets (as defined below). 3. RIGHTS GRANTED: (a) Development Rights: CSSTCCC grants to Entertainment Arts Research, Inc a non-transferable license to develop and release RPG products derived from the Property on the following platforms: (i) Console: Microsoft Xbox 360 (\"Xbox 360\"), Sony Playstation 2 (\"PS2\"), Sony PlayStation 3 (\"PS3\"), and Nintendo Wii (\"Wii\"); (ii) Handheld: Sony PSP (\"PSP\") and Nintendo Dual Screen (\"DS\"); (iii) all PC-CD ROM and Mac formats (\"PC/Mac\"); (iv) Xbox Live Arcade for...