LISENCING POLICES(2016)
1. Licensing Principles
Guangzhou Digital Rise Technology Co., Ltd. (hereinafter referred to as "our company") licenses patent while license is valid patents and patent pending.
In principle, our company’s patent licenses are ordinary non-exclusive.
2. Licensing principles
Our company is under the principle of Fair, Reasonable and Non-discriminatory, called FRAND, to license patent owned.
3. Licensing object
patent licensing is mainly for digital audio and video-related manufacturers, including chip manufacturers, terminal product manufacturers and other professional equipment manufacturers.
3.1. “Chip vendor” provides that specially refers to terminal product manufacturers or professional equipment manufacturers with their required chip products as the professional manufacturers.
3.2. "Terminal Manufacturers" refer to brand vendors or producers that are for digital audio and video related end-user’s market (ie, the average consumer) to manufacture terminal products (such as televisions, set-top boxes, auto audio and video equipments, etc.).
3.3. “Professional Equipment Manufacturer“ specializes in the manufacture or sale of digital audio and video related professional equipment (such as encoders, monitoring equipment, satellite receiving equipment, etc.) of brands or manufacturers.
4. Licensing process
4.1. First time licensing application materials
4.1.1. Registration in China
l Copy of business license with company seal
l Business Tax Registration Certificate copies with company seal
l First Time Client Information Form (See the attachment)
l Authorization Letter for contract-signing(See the attachment)
l Other required documents by our company
4.1.2. Non-registration in China
l Company legal proof of existence with the signature of legal representative of the company and seal
l First Time Client Information Form (See the attachment)
l Authorization Letter for contract-signing(See the attachment) with the signature of legal representative of the company and seal
l Other required documents by our company
4.2. Application licensing process
4.2.1. Chip Manufacturer
Chip Manufacturers have two options:
Option 1:
Pay off our patent license;
Option 2:
No need to pay and apply for our promotion of cooperation. Specific procedures are as follows:
Submit application materials--Sign the NDA
--Choice to pay, apply for our patent license—Sign patent license agreement
--Choice not to pay and apply for promotion of cooperation—Sign technical promotion and cooperation agreement.
If chip manufacturer choose to pay off our patent license, they shall submit materials in accordance with the article 4.1 and directly apply for a patent licensing and signing our company’s “
patent licensing contract-chip manufacturers” and to pay royalties based on the contract. In this case, the terminal manufacturers do not need to apply for our
royalties.
If chip manufacturers choose not to pay and apply for the promotion of cooperation, in addition to mentioned article 4.1 to submit materials, and regarded as do not obtain our patent license, they shall sign our “
technical promotion and cooperation agreement”. According to the agreement, chip manufacturers shall integrate our
technology, we provide
authentication services.
4.2.2. Terminal manufacturers
Terminal manufacturers buy or use products (including chips, software, etc) that are chip manufacturers signed “ technical promotion and cooperation agreement” with us. The terminal manufacturers shall sign “
patent licensing contract-terminal product”. Specific procedures are as follows:
Submit application materials--Sign the NDA--Sign patent licensing contract
4.2.3. Professional Equipment Manufacturers (encoders, monitoring equipment, professional reception equipment, etc)
Professional equipment manufacturers shall sign “ patent licensing contract-Professional equipment” before using our
patented technology. Specific procedures are as follows:
Submit application materials--Sign the NDA--Sign patent licensing contract
After the submission of complete application materials from patent licensing application manufacturers, in principle our company will review the
patent licensing application information within 10 working days.
5. Standard of patent licensing fee
5.1. Terminal manufacturer and chip manufacturer
5.1.1. Chip manufacturer obtains patent licensing:
l Chip manufacturer: each chip product charges for 1 RMB
l Terminal manufacturer: No charge
5.1.2. Chip manufacturer do not obtain patent licensing, it shall only reach to promotion of cooperation:
l Terminal manufacturer: each terminal product charges for 1 RMB.
5.2. Professional equipment manufacturer
l Professional encoder: each product charges 500 RMB (its audio output is no more than four ways, beyond this limit, every four ways as a licensed product, and less than four ways will be treat it as four ways)
6. Supplementary provisions
This policy will be effective from 07/01/2016(MM/DD/YY). The policy announced before that is inconsistent with this policy, this policy shall prevail.
As of the effective date of this policy, licensed manufacturers can choose to re-license current agreement in accordance with this policy, or can also choose to continue to fulfill the original agreement.
Matters not specified in this policy shall, unless otherwise agreed, implement in accordance with relevant laws and regulations.
Attachment is an important part of this policy.
Our company reserves the right to interpret and revise this policy.
Guangzhou Digital Rise Technology Co., Ltd.
2016/07/01
1. Attachment:
l Licensor: DIGITAL RISE TECHNOLOLGY CO., LTD.
l Contact person: Zhou yujian Chen Yong
l Mobile phone: +86 18620857900 +86 13802247881
l Landline: +86-20-38743970
l Fax: +86-20-87370118
l Emails address: zhouyujian@digirise.com
l Website: http://www.digirise.com
2. Attachment download
l First Time Client Information Form.doc
l Authorization Letter for contract-signing.doc
l Non-Disclosure Agreement.docx