(Distributor Process Licensee)
Asia, Australia, Middle East
This Terms Schedule includes factors to be considered by VRM Global Holdings Pty Ltd in respect to the grant of a Sub-License to the person or entity identified below. The Sub-License Agreement attached to this Terms Schedule if it commences operation will allow the Sub-Licensee to produce and to distribute the Outputs identified in Annexure A to the attached Sub-License.
Minimum Annual Input Quantity: 10,000 Litres/2650 Gallons.
Negotiated dependant on territory allocation
Licence Fee: Included in the minimum annual input quantity purchases
I/We hereby apply to be a user of VRM Biologik processes and a licensed manufacturer of and distributor of the Outputs described in and on the terms and conditions of the attached Sub-Licence Agreement.
I have read and agree to the sub-license agreement and apply to be a sub-licensee with rights to use intellectual property developed and owned by the VRM Biologik Group.