Georgia Support Agreement between 724 Solutions, Inc., 724 Solutions International, SRL and Citicorp Strategic Technology Corp regarding license arrangements

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US-EG-9292
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Support Agreement between 724 Solutions, Inc., 724 Solutions International, SRL and Citicorp Strategic Technology Corporation regarding license arrangements dated December 29, 1999. 3 pages.

The Georgia Support Agreement is a comprehensive document outlining the license arrangements between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp. This agreement is essential for establishing a smooth relationship regarding the use of technology and intellectual property rights. The keywords relevant to this agreement include license arrangements, 724 Solutions, Inc., 724 Solutions International, NRL, Chicory Strategic Technology Corp, Georgia, and support. There are different types of Georgia Support Agreements that can be established between these entities. Some of them include: 1. Basic License Agreement: This type of Georgia Support Agreement entails the granting of a license by 724 Solutions, Inc. to Chicory Strategic Technology Corp for the use of specific software or technology within the Georgia region. The agreement ensures that Chicory conforms to the terms and conditions set by 724 Solutions, Inc. and provides ongoing support. 2. Exclusive License Agreement: Under this type of Georgia Support Agreement, 724 Solutions, Inc. grants Chicory Strategic Technology Corp an exclusive license to use a particular software or technology within the Georgia territory. This agreement may include provisions such as royalty payments, terms of exclusivity, and continued support from 724 Solutions, Inc. 3. Technology Transfer Agreement: In some cases, the Georgia Support Agreement can focus on the transfer of technology between 724 Solutions, Inc. and Chicory Strategic Technology Corp. This agreement outlines the rights and responsibilities of both parties in terms of sharing proprietary knowledge, software development methodologies, and related intellectual property. It ensures a smooth and mutually beneficial technology transfer process. 4. Source Code Escrow Agreement: To safeguard both parties' interests, a Georgia Support Agreement may include a source code escrow agreement. This agreement ensures that the source code of the licensed software or technology is securely stored with a trusted third party. It provides Chicory with access to the source code should unforeseen circumstances arise, such as bankruptcy or acquisition by another entity. 5. Maintenance and Support Agreement: To ensure the continuous operation and functionality of licensed software or technology, a Georgia Support Agreement may include provisions for ongoing maintenance and support services. This agreement outlines the responsibilities of both 724 Solutions, Inc. and Chicory Strategic Technology Corp regarding bug fixes, updates, troubleshooting, and technical assistance. In conclusion, the Georgia Support Agreement between 724 Solutions, Inc., 724 Solutions International, NRL, and Chicory Strategic Technology Corp outlines the license arrangements and related provisions for the use of software or technology in the Georgia region. The agreement can take various forms, including basic license agreements, exclusive license agreements, technology transfer agreements, source code escrow agreements, and maintenance and support agreements.

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Georgia Support Agreement between 724 Solutions, Inc., 724 Solutions International, SRL and Citicorp Strategic Technology Corp regarding license arrangements