Tensar International Corporation TensarSoil Software and Technology License AgreementSoftware and Technology License Agreement • May 8th, 2012 • Georgia
Contract Type FiledMay 8th, 2012 JurisdictionGRANT OF LICENSE - Tensar International Corporation, a Georgia Corporation (“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 TensarSoil Software (“Software”) and related written materials including future updates thereof (such software and other materials collectively referred to as 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 proprietary Mechanically Stabilized Earth Retaining Wall System. 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.