Tensar International Corporation, SpectraPave4™ and SpectraPave4-PRO Software and Technology License AgreementSoftware and Technology License Agreement • November 16th, 2012 • Georgia
GRANT OF LICENSE - Tensar International Corporation (“TIC”) is the owner of all intellectual property and other rights in the software. TIC hereby grants to the licensee identified below ("LICENSEE") a royalty-free, non- exclusive, non-transferable license (without right of sublicense or assignment) to use TIC's SpectraPave4™ and/or SpectraPave4-PRO Software ("Software") and related written materials including future updates thereof (collectively the "Licensed Technology") all of which relate to, illustrate and describe the method of using, and provide conceptual and general preliminary design calculations and illustrations for using, Tensar polymeric soil reinforcement products ("Tensar Geogrids") as component elements in TIC's subgrade reinforcement and base reinforcement systems. TIC can also provide to LICENSEE general and limited technical support over the telephone or through electronic mail regarding the use of its Software and the use and installation of its Tensar Geogrids.