KENFOX IP & Law Office > Related Matters in Vietnam (Page 9)

Technical Training

During the period of twelve (12) months immediately following the Effective Date the Licensor shall, at the Licensee’s request, procure the attendance from time to time of a qualified representative of the Licensor or its consultant at the premises of the Licensee or at such other places as may be agreed between the parties to give assistance in the start-up and initial manufacture of Licensed Product pursuant to this Agreement. The Licensee shall reimburse the Licensor in respect of traveling (including business class air fare) and accommodation expenses of the representative or consultant for any such attendance, not later than...

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Notice

All notices, reports and other communications required or permitted to given hereunder shall be In writing and shall be valid and sufficient if delivered in person or dispatched by registered airmail, postage prepaid in any post office, In Japan or in the United States of America, as the case may be, addressed as follows:...

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Arbitration

Should any dispute or difference arise between the parties hereto or between their legal representative or between one of them and the legal representative of the other in regard to any matter arising out of or relating to this Agreement or to the interpretation thereof or in regard to the interest of either party thereto, contrary to the terms of this Agreement or in regard to any claim which either party may have against the other, then such matter shall be referred to Arbitration....

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Force Majeure

If performance of this Agreement is interfered with, for any length of time, by Act of God, war, civil commotion, epidemics and other similar occurrences which are beyond the control of either party, neither party shall be held responsible for nonperformance of this Agreement for such length of time....

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Technical Assistance

ABC shall, by request of XYZ, permit a reasonable number of technical personnel designated by XYZ to have opportunity to study to manufacture of the Licensed Products at the plants of ABC. Such personnel shall be given adequate training to acquaint themselves with production design, production engineering, processes of production and testing of the Licensed Products. Such personnel shall be permitted to make notes and sketches and to procure pertinent technical and photographs in possession of ABC relating to the foregoing including the cost of raw materials and methods of quality control which may be in use in connection with...

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Modifications

Since all of the situations which are likely to arise as a result of this Agreement cannot be foreseen, the parties hereto intend to discuss and execute such modifications of this Agreement as seem appropriate through mutual consent. Any such modifications shall be signed by the parties hereto and become a part of this Agreement...

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