BACKGROUND AND RECITALS. 1.1 Beamz owns and has the right to grant licenses with respect to the Licensed IP (as hereinafter defined). 1.2 Licensee desires to obtain from Beamz, and Beamz hereby desires to grant to Licensee, a license to use the Licensed IP as further provided in this Agreement.
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Sources: License Agreement (Beamz Interactive Inc), License Agreement (Beamz Interactive Inc), License Agreement (Beamz Interactive Inc)