Document 3dGqBazE1p4Mkk8bG9o5VqpE

LICENSE AGREEMENT AGHEEMMf made and entered into this 2th hay Qf February, A35&, by and between THE CANADA METALS COIffJffll LTD. a corporation organised and existing under tbs laws of the Dominion of Canada, having a place of business at 7tl< Eastern Avenue, Toronto 8, Canada,(hereinafter called tlw *LKBrS0S}, and THE CARTER 'WHITE IBID COMPARY OF CANADA, LIMITED, a cojrpffratidtt organised and existing under the laws of Canada, having a place of business in tbs City of Montreal, Province of Quebec, Canada, (hereinafter called *CABmB), WITNESSETH: WHEREAS, LICENSOR Is the owner of application for Letter* Patent of Canada, Serial Number 555,li63, filed March 6, 191?, for "Modified Lead Sulfate Pi^oent and Process of Manufacture," and| WHEREAS, CARTER is desired oi' obtaiai^ a license of the character hereinbelow set forth under said application for Letters Patent and all Letters Patent which may issue thereon and LICENSOR is willing to grant such license upon the terms and conditions hereinafter set forth; MOW, THEREFORE, in consideration of these premises and of the payment by CARTES to LICENSOR of one dollar lawful money of the Dominion of Steads and of other good and valuable consideration, tne receipt of which ia barely acknowledged by LICENSOR, the parties hereto have agreed as follows: 1 LICENSOR agrees to grant and hereby grants to CARTER,a non-exclusive, irrevocable, royalty-free license undsi a,, plication for Letters Patent of Car.ada, Serial Number 555,183, filed March 6, 1917, to make, uae and sell modified lead sulfate ments therein described and claimed and under all Letters Patent which may isfue thereon fi.r the full term of a alii Letters Patent. fjL 000041734 2. CARTER agrees that should it develop any improvement* patentable or unpatentable in respect of the modified lead sulfate pigments teamof said application for Letters Patent, Ho. 555,1*83, the shall became the property of LICENSOR, buft-CARTER shall enjoy a royalty-free license Kith respect to such improvements. LICENSOR agrees to grant to CARIES e license of the same character and scope as herein granted CARTER under any improvements which it may develop in respect to modified lead sulfate pigments of said application for Letters Patent. 3. This agreement is binding upon and shall inure to the benefit of the .parties hereto and the successors and assigns of the entire business of each of them but is otherwise not assignable. IM WITNESS SKERECF, the parties hereto have caused this agreement to be duly executed the day and year first above written. KTESTt THE CARTER WhITF LEAL CCUPANT OF CANADA, LIMITED NL 000041735 KSSOHAHDCM CF A&zsmw! made In triplioate In the City of Montreal, In the Province if Q'/sbec, Canada, as o' tin? net day ** August, 19^9, ST AND BETWEEN: T3E 3HESWIK-WILLXAMS COMPANY Of CANADA LIMITED, a body politic *ltd' corpora?, duly incorporated accord* ins' to the lanrs of Canada, haTing its head office and principal place of business In; the City of Montreal in the Province,of Pushes, Canada, hereinafter'referred to sa '"Sttfnda* William**; PARTY OP THE FIRST PAST* AMD: CANADA METAL COMPAST LTHITSD, & body oolitic and corporate, duly sneer- uor ted accord! ,*w to the 1am of Canada, having Its head office end principal place of bueineea is tb* city of Toronto, in the Protins* sf Ontario, Canada, hereinafter referred to as "Canada total*; PASTY Of THE SECOND PAR?! AND: THE *ASTER WHIT" LEAD CCXPA.-Jr Of CANADA LIMITED, *> tody poll tic and ,,,r~'T.'ii'*, duly -i-rorpcrntod e<*erd- I'** to the lews rf Canada, haring it# i#" : 'Trite and -rlnolpal place sf burl r* .e ?n '.he 11 tv of Montreal, In "he P.-crirm of 1 -."bee, Canada, heret-.efte- rrf-jrred ? h p *c-rtt*r*; PARTY Of ' THIRD PAR?, WHEREAS Mc.r. of .-^reesicr i *ated the 11th try -'-f May, 131.?, by and betve-.-n The Shenrin-Willlats Co-p^ny r-f Canada, L< olt-fl, 'S Party f rL* firet Port, o_1 Edvard J, Cornish fit' others therein *. >au?d, as Parties of the Second Part, it vr pr -vided Rors.r other thinge a aetV' i of vo tin? th shur-;- -f The Sorter Whit* Lead Company o' Canada, 15 arl- the eurrytrar on of operations of The Carter White Lead Crimpany of Canada, Limited, by the eerri se of .i prefer" -re afforded th* share# that -foa ;hr p'.bje-t of said Memorandum of Arre *aent ML 000041736 N 27418.01 - 2- ^r-` . dated' May 11, 191?; OT9ERSM Sharwln-Wllllnae Is tpjt owner of a nuaber of sbftree of Carter; tm& W83BZA3 Canada Metal, the owner of a awsfeer of share* of Carter, Is a whoily-owaai *nb#MasiSf of. national Load Oojspsusy, a corporation of flat St&t* of Hew Jreey, la tbs United Stated of AMrloci and WBWEAS Canada Metal represents that it possesses and can a*>* areliable to Carter the technical information, kssw-feow and nm deeelopaeat# of WatiB&l IMA 8apaay, and Sherrin-llliaa* poo****** adiJii#'SPli* M *al spnrle which it can aftk*'mi2al&' ts Carter; and VS&fltti it appear* deeirahi# -that tfcn aftwm ItNMMIt Of fey U, IPS* H fMftMM * # . . ttttt * so* JgHWunt he HUNl into t *Mft parties Ims Hm* ' II! KllSIfa ` THAT for the consideration and tpa the term hereinafter stated, the parti#* hereto, eaeh for iteelf asst not oaa for the other, aMtaalljr w*at oat ejp>m m follow*i 1. ' The following expression# wherever need fewwis shall, anises the context otherwise requires, tat* the' following *e*iag respectively, that le to tgrt (a) white lead* near* high-tinting strength whit# lead; Us) oxides* means litharge, red lead and orange uirseral; (e) *4^X* means the basic silicate white lead of the type produced by Rational Lead Co"any and marketed pivler the designa tion h5X; vd) develop* or *d8Telap arnt*'aenns any laprews**eni . .A . - ' m 000041737 la the i-u bII ty, aodlfi cation. o p deeelopaeati of produe*b above mentioned 1b (a), (b) and (a), inel'jllnp- but without restricting the general!ty of the foregoing, any a#*' fonwl**, alxtursa, eogblnatl'me or proe** 2* the igreenen? dated Kay 11, 1912, by aM between The Stwdn*.Wllllaa# Coopahy of Cgaftta, UaltM, and Edward 1. Coraieh and other#, hereinbefore mentioned, is hereby ?#rte%#S, a# of tli$ fiat# *aft the perils* hsMts tuadertahe is eanee a change to be md la (aj f the By-law* of fit* Carter White Lend Cosgjaay of 'Caisai*^ , UsstttNt ae ae t ellsdnate the preference pMtttUHl f the share* of said Ceaay owned by tbs afeni<>htlIlaM tSmmm *f caai* Msa-ied wad hr Msfe.:M|tt #f aEfwpi' #*s;& iiwr of mw m^rntm *ai unh *wifc r b j r wtisf rlfMs *M ififUiyii. . 3* Swwisifc mtA mmw fltaiM Mi p m* M*r: -barter a free right to ajtnnfactor* artier fctieasl. het#' , prooeeeee and to nee and eell. the producte abe aeotlased In paragraph 1 end without Halting the generality of the foregoing;(a) undertakeg to furnish Carter with a frea license to aanufacture, use and sell under all flanadian patent applications and patent# that may iim thereon together with all engineering data aad iafesmtlsn Is eea- neotlon therewith, reepee ting the mumfeefore of`the producte abore nentloiMd is paragreph 1, lnolodlag but without iiaitiag the generality f the foregoing, engineering data and iafars&tioa reepeotlng all asolsiswf r eqnipwent required for the parpeeee f tmh ^ 'w*f*ettw, whlgb Canada le%al_.has ayjjttffH ,, ' or nay aoatilre from Rational heed and whifldh # Carter nay reasonably reculre, together st& NL 000041738 / - % - all formulae sad pmM la CafiMa la rsp*? to the aforementioned product** (b) undertakes, on being notified Carter that It is la prodaatlon of *H?X la Canada, ts aeelgn or mnm Hatleaai Load- to assign Sartor tta %5X trateMait la together iti the toeineee and goodwill <*!*P la SaiMda* At the totodtoatAm at tola Agree\ ' aeai, Carter agree#* egtofi 6Nw*K fre* 4-;. ' ; HktiaMO. i#d or ftatfs V**S,( ta : " to mload Si*#*, M*ta *te< AJ|h ... IMidMjM*. la Canada, isp&tftfcr tito - * *; ' > IMAM*# si gwdl3& tteWW# %&&*&&*. . i* carto*N *ttwg. - . W :4M mM I,- %Bafly< ! K Smx& Jtetol uMertotot rsS '!ipN to dtofttot^ with Carter in thm solution of mmh teshntssl problem# a# aajr &ri la eoaaostloa vito'Oartov*# wMmhmtm* $f toe- product ia ?a?*g*g& 1 bVMMNt aad * ,a*fce available to Carter the. eerrloee of *fe pereoft* e - Canada Metal ai&y designate for tto p-wp*## of ft#tili#8g to Carter eneh engineering aad toebnloal data* fiBtoNtotlea sad aorrlco# as Carter may reasonably reqaaat* Carter, for and la esmuttaraSoe a# toe end#r> taking hf Canada Metal faerelaatove set fwtt In to* imedlately preceding paragraph %, mill iiB* and aUdd wato Canada, Metal eight hundred and eighteen 1811} etoro* e>t Carter, said allotaent ta be sad* after deelarntia* ef the divideos provided far In ^ara^anh f hereof* 6. Canada total fortoemes* uadertakea to dHtoeloae M rural gfc, or #ee to to dlaeleaed aai. twain^st* JiSL Carter all ttuvelOfgsate, sodlfleatiena a*8fc aw faMMftVd of S&tleasl Lead relating' to toe prodaei* wrat&eaed I* paragraph 1 hereof, vfaioh Carter stag rofwwt* '5 000041739 %. \ Uirectors of Cartar ahall, a* of ibo Jlist flay of Aagwtt* 19^9 * *M prior to th* ioqpo f tie oforo- olgtt iaatwi. sat alj&ttaan iSLt) aMssm mi Sorter to Ca asir* * 4M4M* to tho fall **teat of, tt oarpibtt or til* 06*^' for Its pajmm* of . ,, prompt ,, how****, ttimt, if aMt'te tl* *Mit $Mt Mi p%m#s% Of mob ttvMMM iar$ paf is op**, s* or <fewttartaw m foMitiair oeb " Mfe H4I la*' tbo aatetat M rotei-wt tea* te - Sorter oil epos aacsuat witi* lte*oft ot Us* mm af porwrat (JJ0 por aawa to the *** thct & ftr tfco 'fMjpMM of fe* popM* ^r*ko te #Wf^si## any sat oil to f f itteotekoo of Coster for tin ftewteo* of tear Cfc) to to mat foar ffl s&rteiterrte to of'Carter, teapbii roll$iio #8; miUota* poatootelf as oxeootite Sorter oM froo ti to tio*f aijfst, hoforor, te tte appwwfl. of at MJMWter* f Carter* % Solteor SmviaJdlUoM aor atoll, daring tSso tors of tM. igroMOBt, t&oroof noil, teoaofor or ofhurste# Oiopooo of mm of te* skm of Sartor ro^Mtlrel? rogistoMl io tteip bo bo o # fc*M, owned or controlled by thep (**ptiag for tbo purpose of qualifying Btreetora) witheot th sonaaat at tfa other. 10, This Jgreaaent thall ooatlaa* ia fall fora* and effect for a period of twenty (go) year* eoffleenciisg Kith ML 000041740 8*Sfc- the 1st a ay 9t September, 19&9* and ocdtqg with the day sf Aufaet, 1969, asd thereafter shall he renewed far 'aupoeaelv* psriM# of ten (10} years, unless fbem-' or ** Metal or either of tta# atoll *k * gives to thp other on* (1) year's notioe la witlag prior to the Jlet Say of August, 1969, or the end. of any renewal period thereafter, of It* -desire to terttlnate. this Agreement, whereupon this said Agreeaeat shall tstvlnate- on the said 31st day of August, 1969, er atth# end of the renewal period, a* the aas* say be, gpw sifted In th* said notice. 'll. Any mi all request*, consent*, approval*, aoainatlon* or.notice* to he given by any of the parties hereunder shall be deemed to hate bees properly given if reduced to writing, signed by tl party so giftsf the imt enclosed in a sealed envelope asst wiled by zwglatred sail, postage prepaid, addressed t the party for tthoa the im is intended at the J*#pttv# Mdweg of emh party hereinafter indicated.*- . fhe Sherwin-lfllliaBS Soapaay of Canada Halted, 28?5 Centre Street, Montreal, Quetoee. Canada Metal Company Limited, 721 faster Arena*, Toronto, Ontario. ?h* Darter White Lead Cstspaef of Canada I&aited, 1295 Seloriaier Arenac, Montreal, Quebea. Aay and all -mah r*qo*ste, contents, approvals, aoainatlon* or notices *o given shall be deemed to law been received by the addressee on the second day following the day on whtofe it le m sailed. 12. . this Agreement shall be interpreted in accordance with and governed by the'laws of the Province, ML 000041741 _ 7- Of Q*l>90* IS WlfHISS VHEKSO? ha parti** fc*to hmm #xet*d and *llT*r*<S thaw pmmti as of th* tin* sad fSas# *s4 la tta* ssaimar harsirJNifers ill forth In tfe* fiSa***. ' h.. irasiir ML 000041742 MSABi ?RO!ies or stnsssc nwmm m mmm. urrtiusFvt m mmmrnw i, * *iias mst 4aiu at in the City of UmtmAi tweiae* of Qaohoo, being duly do depone and $*jtm 1* fSA? 1. wa* p#p*#B*lly ptmmt &&a dll see. tt Fr*ld*8t of fM mmms cmm. lam ' 2* fSKSF I torn? tfc* mU party onft h is ta fast the President sf tea **!< Ocwpsafa 3. TIA* the elgastw?* f v i tsfee tw signature of tt ttdfi por^f* ' 4. mm the m&uitmt* * ' :* attesting the siatw awsttaMMI is tfe* tms eigaetare of n, tkt epOE#at* AJ I Stfl mm w vmm m mt it*# Oity of itoatreoi, ftriae ursrlnriMo. tM v v & feBtotiMr. If*?* feib. . r' / far the Stctvftvt of NL 000041743 N 27418.02 ctwBKwnaxaiaraii 0 A W AS A wsrntm m sfsne b x s s t c ? or mmmsL mmMMMsmm I, r*oiilS M Seslellsi at la tkm 0%*Tt9t , Fwt,i# af QwHeo,, bo&iBf Sul? ovara 4 4opoo* a4 oor<- l tail X was psrallf pwroont mfi "4 U "* BMW"t" eiiSilUL >?JlL OOtPlKt UBIB <tt aa* tie aaa*4 InmM Of AgMMMtti* fe. at X tow h mM pwrlf Mi **. is faet tfaa frcol&Mrt of t&* m&A. apap* 3* TEA'S tli dsB*nw of * ..* ' 1* tb tra# tgfuttw** of %bm rnM prartsf* *. fUf tm A18MMM * * . atfootiag th wm* tloaoi i* tho t&m olgMttfo of *afc tM# flopoasat*. AMD I W* SW* BSKW IS at tbe 01 tf #f SeatanMl, PraTiaoo of Ipsofeea, ttdo 54 ` ` ay of Sop&Mfeor, a& " - . if* -i '! *. .#> NL 000041744 N 27418.03 T 9 A If I 3 I , TwrneE r ioi mmete* Mnui> j. . .. , 'VI.; C't-J,-;i. ;,*-r it 7h fc Ji. - .i -- . , ..i brt^ <**f *** 4* '-.jlKiSfcfiZisi'! 1* !fS I WM '"'mtumto #. Wf^plf4 :*t0m # i' * * -t k -t ! *4. K^S p(*'.' . t$ MWMM4 <a *-ma *. *v tuts *f :h tfi p&rtf ani im $s Ut ft $ 3^ <N% f '-l* f/~ '*V*`4 M tft* m tn* * pmrty. % fSf *i *t|pNti |/r ^ - 6H1&cg ' \< t .r* M'ntio' t* - ` < 'O'.w of **, tkt* 4*p***u ffj < as N 27418.04