Exhibit 10.4


 


CORAGE, LTD. TECHNOLOGY TRANSFER AGREEMENT


This
Technology Transfer Agreement (this “Agreement”), effective as of
_______________, 2002 (the “Effective Date”), is entered into by and between
DSP Group Ltd. (“DSPGL”), an Israeli corporation, and Corage, Ltd. (“Corage”),
an Israeli corporation and a wholly owned subsidiary of DSPGL.


RECITALS


A.            DSPGL is engaged in the business of
designing, manufacturing and marketing high performance digital signal
processing integrated circuit devices for cordless telephone, computer
telephony, voice-over-broadband and other products.


B.            Corage is engaged in the business of
developing and licensing to third parties digital signal processing cores for
the manufacture of integrated circuit devices.


C.            DSPGL owns or otherwise holds
certain intellectual property rights and other assets relating to the digital
signal processing cores described on Exhibit A to this Agreement, which
intellectual property rights and other assets it desires to assign to Corage,
and Corage desires to receive such assignment of intellectual property rights
and other assets from DSPGL, in accordance with the terms and conditions set
forth herein.


AGREEMENTS


Now,
therefore, in consideration of the mutual covenants and the other terms and conditions
contained herein, the Parties (as defined below) hereby agree as follows:


ARTICLE I

DEFINITIONS


In
addition to the capitalized terms defined elsewhere in this Agreement, the
following terms shall have the following meanings:


Section 1.1.            “Additional Necessary Licensed IP”
shall mean all technology, information and materials of any kind, such as designs, development kits, emulators, tools, libraries, test
suites, documentation, parts lists, board layouts, design materials, databases,
know-how, methods, processes, and work in progress, each to the extent that
they are necessary to continue operating the Licensing Business as currently
conducted by the licensing division of DSPGL, but are not included in the
Licensing Business Assets.  The parties
acknowledge and agree that the Additional Necessary Licensed IP does not
include the Licensed IP Modules or Process Information.


Section 1.2.            Affiliate.  “Affiliate” of any Person shall mean a Person that
controls, is controlled by, or is under common control with such Person.  As used herein, “control” of a 


 


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Person means the possession, directly or indirectly,
of the power to direct or cause the direction of the management and policies of
such Person, whether through ownership of voting securities or other interests,
by contract or otherwise.  A Person
shall be deemed an Affiliate only for so long as such control exists.  Notwithstanding the foregoing, DSPGL and
Corage shall not be considered Affiliates of each other, and DSPGL shall not be
deemed to control Corage


Section 1.3.            Combination Agreement.  “Combination Agreement” shall have the
meaning set forth in the Separation Agreement.


Section 1.4.            Confidential Information.  “Confidential Information” shall mean the
Corage Confidential Information or DSPGL Confidential Information, as
applicable.


Section
1.5.            Corage Confidential
Information.  “Corage Confidential Information” shall mean any
and all (a) Existing Cores, Other Transferable Licensing IP, patent applications
and provisional patent applications included in the Transferable Patents, Other
Transferable Assets, Third Party Licenses, Other Contracts and Employee
Proprietary Information Agreements, including all technology, information and
materials included in such items, and (b) other technology, information and
materials related to research, products, services, hardware or software,
inventions, processes, designs, drawings, engineering or other technology which
is supplied or licensed by Corage (in this capacity, the “Disclosing Party”) to
DSPGL (in this capacity, the “Receiving Party”) after the Effective Date and
which is designated in writing as proprietary or confidential (or with a
similar designation) or, if disclosed orally or by demonstration, is designated
as confidential or proprietary at the time of disclosure and summarized in a
writing so designated within thirty (30) days of the initial disclosure.  Corage Confidential Information shall not
include, however, information or material which (i) is or becomes available to
the relevant public other than as a result of a wrongful act or omission by the
Receiving Party, (ii) except with respect to the items described in subsection
(a) above, was available to the Receiving Party (without a duty of confidentiality
owed to the Disclosing Party with respect to such information or material)
prior to its receipt from the Disclosing Party, (iii) becomes available to the
Receiving Party from a Person not otherwise bound by a confidentiality
agreement with the Disclosing Party with respect to such information or
material, or (iv) except with respect to the items described in subsection (a)
above, was independently developed by the Receiving Party.


Section
1.6.            Corage Employees.  “Corage Employees” shall have the meaning
set forth in the Separation Agreement.


Section 1.7.            Corage
Licensed Products.  “Corage
Licensed Products” shall mean digital signal processing
cores designed and developed by or for Corage, its
successors or assigns, and its or their Affiliates, that consist principally of
an Existing Core and that also incorporate one or more of the Licensed Chip
Modules, where such Licensed Chip Modules are bundled with, and are used with,
such Existing Core.


Section 1.8.            Ceva Inc. Technology Transfer
Agreement.  “Ceva Inc. Technology
Transfer Agreement” shall mean the Ceva Inc. Technology Transfer Agreement of
even date herewith by and between Ceva Inc. and DSP Group Inc.


 


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Section
1.9.            Disclosing Party.  “Disclosing
Party” shall have the meaning set forth in Sections 1.5 and 1.10, as
applicable.


Section
1.10.          DSPGL Confidential
Information.  “DSPGL Confidential Information” shall mean any and
all (a) Licensed IP Modules and Process Information and all technology,
information and materials included in such items, and (b) other technology,
information and materials related to research, products, services, hardware or
software, inventions, processes, designs, drawings, engineering or other
technology which is supplied or licensed by DSPGL (in this capacity, the
“Disclosing Party”) to Corage (in this capacity, the “Receiving Party”) after
the Effective Date and which is designated in writing as proprietary or
confidential (or with a similar designation) or, if disclosed orally or by
demonstration, is designated as confidential or proprietary at the time of
disclosure and summarized in a writing so designated within thirty (30) days of
the initial disclosure.  DSPGL
Confidential Information shall not include, however, information or material
which (i) is or becomes available to the relevant public other than as a result
of a wrongful act or omission by the Receiving Party, (ii) except with respect
to the items described in subsection (a) above, was available to the Receiving
Party (without a duty of confidentiality owed to the Disclosing Party with
respect to such information or material) prior to its receipt from the
Disclosing Party, (iii) becomes available to the Receiving Party from a Person
not otherwise bound by a confidentiality agreement with the Disclosing Party
with respect to such information or material, or (iv) except with respect to
the items described in subsection (a) above, was independently developed by the
Receiving Party.


Section
1.11.          DSPGL Products.  “DSPGL
Products” shall mean any products now or hereafter manufactured, sold or
otherwise distributed by, for or under license from DSPGL, its successors and
assigns, or its or their current or future Affiliates.


Section
1.12.          Effective Date.  “Effective
Date” shall have the meaning set forth in the Preamble.


Section
1.13.          Existing Cores.  “Existing
Cores” shall mean the digital signal processing cores set forth on Exhibit A
to this Agreement, including the designs that constitute such cores.


Section 1.14.          Governmental
Authority.  “Governmental
Authority” shall mean any federal, state, local, foreign or international
court, government, department, commission, board, bureau, agency, official or
other regulatory, administrative or governmental authority.


Section
1.15.          Licensed Chip Modules.  “Licensed
Chip Modules” shall mean the chip modules set forth in item G.2 of Exhibit G
to this Agreement.


Section
1.16.          Licensed IP Modules.  “Licensed IP Modules” shall mean the Licensed Chip Modules and the
Licensed Software Modules.


Section
1.17.          Licensed Software
Modules.  “Licensed Software Modules” shall mean (a) the software modules set forth
in item G.1 of Exhibit G to this Agreement, and (b) the database set
forth in item G.3 of Exhibit G to this Agreement.


Section 1.18.          Licensing Business.  “Licensing Business” shall have the meaning
set forth in the Separation Agreement.


 


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Section 1.19.          Licensing
Business Assets.  “Licensing Business Assets” shall have the
meaning set forth in the Separation Agreement.


Section
1.20.          Other Contracts.  “Other
Contracts” shall have the meaning set forth in Section 5.2.


Section
1.21.          Other Intangible
Property Rights.  “Other Intangible Property Rights” shall mean
copyrights, rights in mask works (including, but not limited to, the rights
protected under 17 U.S.C. §§ 901-914 or any successor statute), trade secrets,
and other rights with respect to confidential or proprietary information,
database rights, and other intellectual property rights, but specifically
excluding (a) patents and patent applications, (b) trademarks, service marks
and trade names, and registrations of, and applications to register,
trademarks, service marks and trade names, and other rights with respect to
source or origin, (c) Internet domain names and registrations thereof, and (d)
rights with respect to the items in clauses (a) through (c).


Section
1.22.          Other Transferable
Assets.  “Other Transferable Assets” shall have the meaning set
forth in Article IV.


Section
1.23.          Other Transferable
Licensing IP.  “Other Transferable Licensing IP” shall mean the
development kits, emulators, tools, libraries, test suites, documentation,
parts lists, board layouts, design materials, databases, work in progress, and
other technology and materials set forth in items B.3 through B.7 of Exhibit
B to this Agreement.


Section
1.24.          Party or Parties.  “Party” or “Parties” shall mean DSPGL and/or
Corage, including their permitted successors and assigns.


Section
1.25.          Person.  “Person”
shall mean an individual, a general or limited partnership, a corporation, a
trust, a joint venture, an unincorporated organization, a limited liability
entity, any other entity and any Governmental Authority.


Section 1.26.          Process
Information.  “Process Information” shall mean the information set forth in item G.4
of Exhibit G to this Agreement.


Section 1.27.          Products Business.  “Products Business” shall have the meaning
set forth in the Separation Agreement.


Section
1.28.          Receiving Party.  “Receiving
Party” shall have the meaning set forth in Sections 1.5 and 1.10, as
applicable.


Section
1.29.          Representative.  “Representative”
shall mean with respect to a Person, any and all directors, officers,
employees, representatives, or agents of such Person.


Section 1.30.          Separation Agreement.  “Separation Agreement” shall mean the
Separation Agreement of even date herewith by and among DSP Group Inc., DSPGL,
Ceva, Inc., DSP Ceva, Inc. and Corage


Section
1.31.          Third Party or Third
Parties.  “Third Party” or “Third Parties” shall mean any entity
other than a Party or an Affiliate of a Party.


 


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Section
1.32.          Third Party Licenses.  “Third
Party Licenses” shall have the meaning set forth in Section 5.1.


Section
1.33.          Transferable Domain
Names.  “Transferable
Domain Names” shall mean the Internet domain
names set forth in part B.2.3 of Exhibit B to this Agreement,
including the registrations of such domain names and any rights under contract
(including agreements with domain name registrars) for registrations of such
domain names.


Section
1.34.          Transferable Licensing
IP.  “Transferable Licensing IP” shall mean (a) the Transferable
Domain Names, Transferable Marks and Transferable Patents, and (b) the Other
Intangible Property Rights in and to (i) the Existing Cores and (ii) the Other
Transferable Licensing IP.


Section
1.35.          Transferable Marks.  “Transferable
Marks” shall mean the trademarks, service marks and trade names set forth in
parts B.2.1 and B.2.2 of Exhibit B to this Agreement, including any
registrations of, and applications to register, such trademarks, service marks
and trade names.


Section
1.36.          Transferable Patents.  “Transferable
Patents” shall mean all patents, patent applications and provisional patent
applications (including any patents issuing in respect of such patent
applications and provisional patent applications) set forth in part B.1 of Exhibit B
to this Agreement, together with any continuations, continuations-in-part, reissues,
divisionals and  renewals of any such
patents and patent applications and any foreign counterparts thereof.


Section
1.37.          Transferring Entities.  “Transferring Entities” shall mean DSPGL and
all of its Affiliates immediately prior to the Effective Date, other than DSP
Group Inc., Corage, Ceva, Inc. and their subsidiaries.


ARTICLE II

TRANSFER OF INTELLECTUAL PROPERTY RIGHTS


Section
2.1.            Assignment.  Except only for the rights retained by, or
granted back to, DSPGL (for itself, its successors and assigns, and its and
their current and future Affiliates) elsewhere in this Agreement, DSPGL, on
behalf of itself and the Transferring Entities, hereby irrevocably assigns,
sells, transfers and sets over to Corage, and its successors and assigns, all
right, title and interest of the Transferring Entities throughout the world in
and to the Transferable Licensing IP, including, but not limited to, all
benefits, privileges, causes of action, and remedies relating to the
Transferable Licensing IP, whether before or hereafter accrued, including, without
limitation, the exclusive rights to (a) apply for and maintain all
registrations, applications, renewals and/or extensions therefor, (b) bring
actions (at law, in equity or otherwise) for all past, present and/or future
infringements or misappropriations thereof, (c) settle and retain proceeds from
any such actions, and (d) grant licenses or other interests therein to any
Person.  The foregoing includes (and
DSPGL, on behalf of itself and the Transferring Entities, hereby irrevocably
assigns, sells, transfers and sets over to Corage, and its successors and
assigns) the goodwill and reputation of the business connected
with and symbolized by the Transferable Marks.  Corage hereby accepts such assignment and
assumes (and shall pay, perform and discharge 


 


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when
due) all obligations with respect to such Transferable Licensing IP accruing
from and after the Effective Date.


Section
2.2.            Retention of Certain
Rights.


(a)           Subject to the terms and conditions of
this Agreement, and notwithstanding Section 2.1, DSPGL retains for itself, its
successors and assigns, and its and their current and future Affiliates (and
Corage hereby grants to DSPGL, its successors and assigns, and its and their
current and future Affiliates), a nonexclusive, perpetual, irrevocable,
royalty-free, worldwide right and license to prepare derivative works of and
otherwise modify, make, reproduce, sell and otherwise distribute, transmit,
import, and otherwise use and exploit the Transferable Licensing IP (except for
the Transferable Domain Names and Transferable Marks) solely in connection with
the design, development, testing, manufacture, sale and other distribution,
support, and other use and exploitation of DSPGL Products, including the right
and license to prepare derivative works of and otherwise modify, make,
reproduce, sell and otherwise distribute, transmit, import, and otherwise use
and exploit any DSPGL Products based on, incorporating or otherwise using all
or any portion of the Transferable Licensing IP.  Subject to the limitations set forth Section 2.2(b) below, the
rights and licenses set forth in this Section 2.2(a) include (i) the right
to disclose the Transferable Licensing IP, provided that such disclosure is
solely for use and exploitation in connection with DSPGL Products and in
accordance with the confidentiality obligations set forth in this Agreement,
and (ii) a license under the Transferable Patents to make, use and sell DSPGL
Products.  Subject to the limitations
set forth in Section 2.2(b) below, the rights and licenses set forth in this
Section 2.2(a) also include the right to grant licenses and/or sublicenses
(with the rights of the licensees and/or sublicensees to grant further
sublicenses) of any of the foregoing rights and licenses, provided that the
licenses and/or sublicenses of (A) the Existing Cores are limited to use and
exploitation as part of DSPGL Products that offer material functions and
features in addition to the Existing Cores themselves, and (B) the Other
Transferable Licensing IP are limited to use and exploitation in connection
with DSPGL Products.


 


(b)           Notwithstanding any rights retained
by or granted to DSPGL or any other Transferring Entity in this Agreement or
otherwise, DSPGL shall not, and shall ensure that each Transferring Entity
shall not, under any circumstances grant any licenses or sublicenses of the
Existing Cores (or disclose the designs of the Existing Cores constituting
Corage Confidential Information) to any third party, during the Noncompetition
Period (as that term is defined in the Separation Agreement) other than in
connection with the contracted design or manufacture of DSPGL Products by third
parties for DSPGL, its successors and assigns, and its and their current and
future Affiliates, provided that DSPGL, its successors and assigns, and its and
their current and future Affiliates shall not provide any such designs of the
Existing Cores to any such third party that has not previously executed a
license/sublicense and/or confidentiality agreement on terms and conditions
generally imposed by DSPGL for its own comparable materials, and provided
further, that such licenses/sublicenses shall cover only the technology or
information reasonably required by such contract designer or manufacturer in
order to manufacture or design, as applicable, the DSPGL Products for DSPGL,
its successors and assigns, and its and their current and future Affiliates.


 


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(c)           During the Noncompetition Period, if
DSPGL desires to license and/or sublicense the Existing Cores to a customer or
potential customer in a manner prohibited by Section 2.2(b), Corage will, at
its option, either (i) negotiate in good faith with DSPGL a non-exclusive,
commercial license permitting such license and/or sublicense on terms and
conditions and at pricing comparable to those Corage makes generally available
to other customers of such Existing Cores, or (ii) negotiate in good faith with
such customer or potential customer such license and/or sublicense on terms and
conditions and at pricing comparable to those Corage makes generally available
to other customers of such Existing Cores.


Section 2.3.            License
of Transferable Marks.  Subject
to the terms and conditions of this Agreement, Corage hereby grants to DSPGL,
its successors and assigns, and its and their current and future Affiliates, a
nonexclusive, perpetual, royalty-free, worldwide license to use the
Transferable Marks solely in connection with DSPGL Products that incorporate,
are based on or otherwise use the Transferable Licensing IP to which such
Transferable Marks relate, including the marketing, advertising, packaging,
sales and distribution of such DSPGL Products. 
DSPGL agrees that all goodwill arising out of the use of the
Transferable Marks by DSPGL, its successors and assigns, and its and their
current and future Affiliates will inure exclusively to the benefit of
Corage  DSPGL agrees to use the
appropriate trademark legend (either “TM” or circled “R”) with the first prominent
use of the Transferable Marks in any marketing, advertising and packaging
materials, to indicate Corage’s ownership of the Transferable Marks in
accordance with the practices DSPGL generally uses to identify the owners of
third-party marks that DSPGL is authorized to use, and, in connection with the
use of the Transferable Marks, to conform substantially with other written
trademark usage guidelines of Corage notified to DSPGL which Corage imposes on
its licensees generally (and with which Corage itself complies), provided that
DSPGL, its successors and assigns, and its and their current and future
Affiliates will have a reasonable opportunity to comply with any new or
modified usage guidelines.  DSPGL agrees
to provide samples of such materials using the Transferable Marks to Corage for
its inspection upon Corage’s reasonable request, and DSPGL shall use
commercially reasonable efforts to remedy any defect in its use of the
Transferable Marks.  If DSPGL fails to
remedy any such defect within sixty (60) days of receiving Corage’s written
notice describing such defect in detail, Corage will have the right, upon
written notice to DSPGL, to suspend DSPGL’s license set forth in this Section
2.3 with respect to the DSPGL materials that contain such defect until such
defect is remedied.


Section
2.4.            Support.  Corage
shall make available (or cause to be made available) to DSPGL, its successors
and assigns, and its and their current and future Affiliates, maintenance and
support services for the Existing Cores and the Other Transferable Licensing IP
solely to support the use and exploitation thereof authorized by this
Agreement.  Such maintenance and support
services shall be of a scope and at rates comparable to those of and at which
Corage makes (or causes to be made) similar maintenance and support services
available to its customers generally or, if it does not make such services
available to its customers generally, it shall do so at market rates.  For purposes of the determination of rates
and other terms and conditions for the maintenance and support services, DSPGL,
its successor and assigns, and its and their Affiliates shall be treated as a
single customer.  The maintenance and
support services provided under this Section 2.4 shall include:


(a)           providing error corrections and other
modifications to the Existing Cores and Other Transferable Licensing IP,
telephone and email support, and assistance in diagnosis 


 


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and remedying of errors
and defects in the Existing Cores and the Other Transferable Licensing IP, each
in accordance with Corage’s standard support policies and practices; and


(b)           providing updates, upgrades, new
versions and successors to the Existing Cores and Other Transferable Licensing
IP, provided that Corage shall have no obligation under this Section 2.4(b)
until the Parties enter into a maintenance and support services agreement
expressly covering such updates, upgrades, new versions or successor versions.  The Parties shall negotiate the terms and
conditions of a maintenance and support services agreement which is reasonably
acceptable to both Parties.


ARTICLE III

EMPLOYEE PROPRIETARY INFORMATION AGREEMENTS


                DSPGL,
on behalf of itself and the Transferring
Entities, hereby transfers and assigns to Corage, and Corage hereby accepts such
transfer and assumes, all of the rights and obligations of the Transferring
Entities under all agreements entered into
by the Corage Employees with the
Transferring Entities, or any of them, relating to confidentiality, assignment
of inventions and similar matters (“Employee Proprietary Information
Agreements”), which agreements shall remain in full force and effect in
accordance with their terms, provided that DSPGL shall retain its rights under
the Employee Proprietary Information Agreements to the extent required to bring
actions (at law, in equity or otherwise) for any breach of such Employee
Proprietary Information Agreements relating to acts or omissions prior to the
Effective Date by the Corage Employees who become employees of Corage  The Parties shall reasonably cooperate in
connection with any action against any of the Corage Employees.


ARTICLE IV

TRANSFER OF OTHER TRANSFERABLE ASSETS


DSPGL,
on behalf of itself and the Transferring Entities, hereby irrevocably assigns
and transfers to Corage, and its successors and assigns, all of the right,
title and interest of the Transferring Entities in and to the tangible assets,
licenses and permits of its Licensing Business as described on Exhibit D
to this Agreement and such other equipment, furniture and furnishings as are
used principally by the Licensing Business (“Other Transferable Assets”), and
Corage and its successors and assigns hereby accept such assignment and
transfer, and assume (and shall pay, perform and discharge when due) all
obligations in respect to such Other Transferable Assets accruing from and
after the Effective Date.


ARTICLE V

TRANSFER OF CERTAIN RELATED RIGHTS AND OBLIGATIONS


Section
5.1.            Assignment and
Assumption of License Agreements.  DSPGL, on behalf of itself and
the Transferring Entities, hereby assigns and delegates to Corage all of the
rights and obligations of the Transferring Entities under all agreements under
which the Transferring Entities, or any of them, have granted licenses of the
Existing Cores to Third Parties, as described on Exhibit E to this
Agreement (the “Third Party Licenses”), including all rights to royalties,
license fees and other amounts payable thereunder, and Corage hereby accepts
such assignment and delegation, and assumes (and shall pay, perform and
discharge when due) all 


 


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obligations
under the Third Party Licenses accruing from and after the Effective Date.  DSPGL represents and warrants to Corage that
the Transferring Entities and DSP Group Inc. have not granted to any Third
Party any licenses of the Existing Cores except pursuant to the Third Party
Licenses described on Exhibit E to this Agreement.


Section
5.2.            Assignment and
Assumption of Other Contracts.  DSPGL, on behalf of itself and
the Transferring Entities, hereby assigns and delegates to Corage all of the
rights and obligations of the Transferring Entities under the other contracts
relating to the Transferable Licensing IP, Corage Employees and/or the Other
Transferable Assets described on Exhibit F to this Agreement (the
“Other Contracts”), and Corage hereby accepts such assignment and assumes (and
shall pay, perform and discharge when due) all obligations under the Other
Contracts accruing from and after the Effective Date.


ARTICLE VI

LICENSE TO CORAGE OF CERTAIN INTELLECTUAL PROPERTY


Section
6.1.            Licensed Software
Modules. Subject to the terms and conditions of this Agreement, DSPGL, on
behalf of itself and the Transferring Entities, hereby grants to Corage, its
successors and assigns, and its and their current and future Affiliates a
nonexclusive, perpetual, irrevocable, royalty-free, worldwide right and
license, under the intellectual property rights of the Transferring Entities in
and to the Licensed Software Modules and Licensed Chip Modules, to prepare
derivative works of and otherwise modify, reproduce, and otherwise use such
Licensed Software Modules and Licensed Chip Modules solely for internal use by
Corage, its successors and assigns, and its and their current and future
Affiliates, for research and development (e.g., testing, benchmarking, etc.) of
its and their own respective products. 
The parties agree to discuss in good faith broadening the scope of the
license granted in this Section 6.1 to allow Corage to sell and otherwise
distribute particular Licensed Software Modules and Licensed Chip Modules on a
case-by-case basis upon mutually agreeable terms and conditions.


Section
6.2.            VP140 License.  The Parties will negotiate in good faith an
agreement under which VoicePump, Inc., a subsidiary of DSP Group Inc., will
grant to Corage the right to sublicense to third-party semiconductor makers the
right to develop and make semiconductor products based on the design of
VoicePump’s VP140 chip in exchange for a share of revenue (as defined by the
mutual agreement of the Parties) derived by Corage from such sublicenses in an
amount equal to twenty-five percent (25%).


Section 6.3.            Process Information.  Subject to the terms and conditions of this
Agreement, DSPGL, on behalf of the Transferring Entities, hereby grants to
Corage, its successors and assigns, and its and their current and future
Affiliates a nonexclusive, perpetual, irrevocable, royalty-free, worldwide
right and license, under the intellectual property rights of the Transferring
Entities in and to the Process Information, to prepare derivative works of and
otherwise modify, reproduce, and otherwise use such Process Information solely
for internal use by Corage, its successors and assigns, and its and their
current and future Affiliates, for the design and development of its and their
own respective products.


Section 6.4.            Additional
Necessary Licensed IP.


 


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(a)           To the extent, if any,
that there is any Additional Necessary Licensed IP (e.g., development tools
necessary for implementing the Existing Cores), DSPGL, on behalf of itself and
the Transferring Entities, hereby grants to Corage, its successors and assigns,
and its and their current and future Affiliates a nonexclusive, perpetual,
irrevocable, royalty-free, worldwide right and license, under the intellectual
property rights of the Transferring Entities in and to such Additional
Necessary Licensed IP, to prepare derivative works of and otherwise modify,
make, reproduce, sell and otherwise distribute, transmit, import, and otherwise
use and exploit such Additional Necessary Licensed IP to the extent
necessary to continue operating the Licensing Business as currently conducted
and currently contemplated to be conducted by the licensing division of
DSPGL.  Such
right and license includes (i) the right to disclose such Additional Necessary
Licensed IP, provided that such disclosure is in accordance with the
confidentiality obligations set forth in this Agreement, and (ii) the right to
grant licenses and/or sublicenses (with the rights of the licensees and/or
sublicensees to grant further sublicenses) of all or any of the foregoing
rights, in each case, to the extent necessary to continue operating the
Licensing Business as currently conducted and currently contemplated to be
conducted by the licensing division of DSPGL.  Such Additional Necessary
Licensed IP, if any, will be identified by Corage during
the two (2) year period commencing on the Effective Date, and DSPGL shall, from time to time upon the request of Corage during such two
(2) year period and without further
consideration, deliver to Corage, as applicable, copies of any tangible
embodiments of any such Additional Necessary Licensed IP which DSPGL has not
previously delivered to Corage pursuant to this Agreement.


(b)           In addition, to the extent, if any, that any patents owned
or licensed (with the right to sublicense) by the Transferring Entities as of
the Effective Date or any patents issuing in respect of applications owned or
licensed (with the right to sublicense) by the Transferring Entities as of the
Effective Date are necessary to the continued development, distribution and
licensing of the Existing Cores and Other Transferable Licensing IP as
currently carried out and currently contemplated to be carried out by the
licensing division of DSPGL, DSPGL, on behalf of itself and the Transferring
Entities, hereby grants to Corage, its successors and assigns, and its and
their current and future Affiliates, a non-exclusive, perpetual, irrevocable,
royalty-free, worldwide right and license to make, use and sell such Existing
Cores and Other Transferable IP (provided that (i) any sublicense to Corage,
its successors and assigns, and its and their current and future Affiliates of
any patents licensed to the Transferring Entities shall be subject to any
restrictions and other terms and conditions of the license to the Transferring
Entities or under which the Transferring Entities have the right to grant such
sublicense and, without limitation of the generality of the foregoing, shall be
subject to Corage’s making any payments required by the sublicense or the
exercise of rights thereunder, and (ii) Corage, its successors and assigns, and
its and their current and future Affiliates indemnify and hold harmless (and
shall indemnify and hold harmless) the Transferring Entities from any damages
or other liabilities resulting from or relating to any breach of any terms and
conditions of the license or sublicense by Corage, its successors and assigns,
and its and their current and future Affiliates).


 


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ARTICLE VII

CONSIDERATION


                In partial consideration of the assignments and
licenses set forth herein, as of the Effective Date Corage has issued and/or
will issue to DSPGL shares of its Common Stock in accordance with the
Separation Agreement.


ARTICLE VIII

CONFIDENTIALITY


Section
8.1.            Disclosure Limitation.  Each
Party (as Receiving Party) shall use the same care and measures to protect the
confidentiality of the Confidential Information of the other Party (as
Disclosing Party) as the Receiving Party uses for its own confidential or
proprietary information or material of a similar nature, but no less than a
reasonable degree of care.  Such
measures shall include instructing and requiring all recipients of Confidential
Information to maintain the confidentiality of such Confidential Information
and restricting disclosure of such Confidential Information to those
Representatives of the Receiving Party and its Affiliates, its and their
contractors, suppliers and licensees, and other authorized third parties who
have a “need to know” consistent with the purposes for which such Confidential
Information is disclosed.  The Receiving
Party further agrees not to remove or destroy any proprietary rights or
confidentiality legends or markings placed upon any documentation or other
materials.  Nothing in the foregoing
will preclude the Receiving Party from performing its obligations or exercising
its rights under this Agreement, including, without limitation, any disclosure
inherent in any commercial activities authorized by this Agreement.


Section
8.2.            Permitted Disclosures.  Notwithstanding
Section 8.1, the Receiving Party may disclose the Disclosing Party’s
Confidential Information in the event that the Receiving Party is required (by
the disclosure requirements of any rule, regulation, or form of any
Governmental Authority or by interrogatories, requests for information or
documents by any Governmental Authority or other Person in legal proceedings,
subpoenas, civil investigative demands, or other similar processes) to disclose
such Confidential Information, provided that the Receiving Party so required
shall provide the Disclosing Party with prompt written notice of any such
requirement so that the Disclosing Party may object to production and seek a
protective order or other appropriate remedy, and/or waive compliance with the
provisions of this Agreement.  If the Disclosing
Party objects to production and seeks a protective order or other appropriate
remedy, the Receiving Party shall exercise commercially reasonable efforts (at
the sole expense of the Disclosing Party) to cooperate, including, without
limitation, by cooperating with the Disclosing Party to obtain an appropriate
protective order or other reasonable assurance that confidential treatment will
be accorded such Confidential Information.


ARTICLE IX

WARRANTY AND DISCLAIMERS


Section
9.1.            Authority.  Each
of DSPGL and Corage hereby represents and warrants to the other that it has the
corporate authority to enter into and perform its obligations under this
Agreement, and its execution, delivery and performance of this Agreement have
been duly and validly authorized.


 


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Section 9.2.            Sufficiency.  DSPGL,
on behalf of itself and the Transferring Entities,  hereby represents and warrants to Corage that:


(a)           the Transferable Licensing IP (together with the Transferable
Licensing IP under the Ceva Inc. Technology Transfer Agreement) constitutes all
of the intellectual property assets of the Transferring Entities and DSP Group
Inc. that are used principally in the Licensing Business (as opposed to the
Products Business) as currently conducted by the licensing division of the
Transferring Entities and DSP Group Inc.;


(b)           the assignments, licenses and other rights granted by the
Transferring Entities to Corage under this Agreement (together with the
assignments, licenses and other rights granted by DSP Group Inc. to Ceva Inc.
under the Ceva Inc. Technology Transfer Agreement) accord to Corage and Ceva
Inc. the rights (as between the Transferring Entities and DSP Group Inc., on
one hand, and Corage and Ceva Inc., on the other hand) with respect to the
intellectual property assets of the Transferring Entities and DSP Group Inc.
that are necessary for continued operation of the Licensing Business as
currently conducted by the licensing division of the Transferring Entities and
DSP Group Inc.;


(c)           the assignment and delivery of the Existing Cores, Other
Transferable Licensing IP, Transferable Domain Names, Transferable Marks,
Transferable Patents, and Other Transferable Assets to Corage pursuant to this
Agreement (together with the assignment and delivery of such assets to Ceva,
Inc. pursuant to the Ceva Inc. Technology Transfer Agreement) has vested or
will vest good title to such assets free and clear of all material liens,
mortgages, pledges, security interests, prior assignments and similar
encumbrances; and


(d)           the Other Contracts (together with
the Other Contracts under the Ceva Inc. Technology Transfer Agreement) include all of the licenses under which the Transferring Entities and
DSP Group Inc. have obtained from third parties designs, development
kits, emulators, tools, libraries, test suites, documentation, parts lists,
board layouts, design materials, databases, know-how, methods, processes and
work in progress used principally in the Licensing Business (as opposed to the
Products Business) as currently conducted by the licensing division of Transferring Entities and DSP Group Inc.


(e)           DSPGL’s sole and exclusive liability, and Corage’s sole
and exclusive remedy, for any breach by DSPGL of the warranties set forth in
this Section 9.2 will be that (i) the DSPGL will assign or license, and will
cause the Transferring Entities to assign or license, to Corage, at no cost to
Corage, any omitted assets to the extent necessary for DSPGL to achieve
compliance with such warranties or DSPGL will obtain, or will cause the
Transferring Entities to obtain, for Corage, at no cost to Corage, a reasonable
substitute to such omitted assets, and (ii) if DSPGL fails to achieve such
compliance within a reasonable period of time following receipt of notice of
such breach from Corage, DSPGL will pay the direct damages resulting from such
breach.  The rights and remedies set
forth herein shall not be cumulative with those for breach of Section 11.2(b).


Section
9.3.            Limitation of
Warranties.  EXCEPT AS EXPRESSLY PROVIDED IN THIS ARTICLE IX, ALL
OF THE ASSETS, RIGHTS, TECHNOLOGY, AND OTHER INFORMATION AND MATERIALS
ASSIGNED, LICENSED OR OTHERWISE 


 


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CONVEYED IN CONNECTION
WITH THIS AGREEMENT ARE PROVIDED “AS IS.” 
NEITHER PARTY MAKES, AND NEITHER PARTY RECEIVES, ANY OTHER WARRANTIES,
WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING, WITHOUT
LIMITATION, ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR
PURPOSE, OR NON-INFRINGEMENT OF THIRD-PARTY RIGHTS.  WITHOUT LIMITATION OF THE GENERALITY OF THE FOREGOING, NEITHER
PARTY MAKES, OR SHALL BE DEEMED TO MAKE, ANY REPRESENTATION OR WARRANTY THAT
THE USE OR EXPLOITATION OF ANY PRODUCT WILL BE FREE FROM INFRINGEMENT OF ANY
INTELLECTUAL PROPERTY RIGHT OTHER THAN THE RIGHTS EXPRESSLY GRANTED
HEREIN.  THE FOREGOING WILL NOT
SUPERSEDE OR LIMIT IN ANY WAY ANY REPRESENTATIONS OR WARRANTIES EXPRESSLY MADE
BY THE PARTIES IN THE SEPARATION AGREEMENT OR THE COMBINATION AGREEMENT.


ARTICLE X

LIMITATION OF LIABILITY


NOTWITHSTANDING
ANYTHING HEREIN TO THE CONTRARY, NEITHER PARTY SHALL HAVE ANY LIABILITY
WHATSOEVER FOR ANY INCIDENTAL, INDIRECT, CONSEQUENTIAL, PUNITIVE, OR SPECIAL
DAMAGES OF ANY KIND, OR ANY LOSS OF REVENUE OR PROFITS, LOSS OF BUSINESS, OR
LOSS OF DATA, ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE SUBJECT MATTER
HEREOF (OR THE CEVA INC. TECHNOLOGY TRANSFER AGREEMENT OR THE PROVISIONS OF THE
SEPARATION AGREEMENT RELATED TO THIS AGREEMENT OR THE CEVA INC. TECHNOLOGY
TRANSFER AGREEMENT), HOWEVER CAUSED AND REGARDLESS OF THE THEORY OF LIABILITY
(INCLUDING CONTRACT, TORT, OR OTHERWISE), EVEN IF INFORMED IN ADVANCE OF THE
POSSIBILITY OF SUCH DAMAGES.  IN
ADDITION, IN NO EVENT WILL THE AGGREGATE LIABILITY OF EITHER PARTY AND ITS
AFFILIATES (INCLUDING, IN THE CASE OF DSPGL, DSP GROUP, INC.) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE SUBJECT MATTER
HEREOF (OR THE CEVA INC. TECHNOLOGY TRANSFER AGREEMENT OR THE PROVISIONS OF THE
SEPARATION AGREEMENT RELATED TO THIS AGREEMENT OR THE CEVA INC. TECHNOLOGY
TRANSFER AGREEMENT) CUMULATIVELY EXCEED TEN MILLION US DOLLARS
($10,000,000).  THE FOREGOING WILL NOT
SUPERSEDE OR LIMIT IN ANY WAY THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER
THE COMBINATION AGREEMENT.


ARTICLE XI

OTHER AGREEMENTS


Section
11.1.          No Rights to Updates.  Except as otherwise expressly provided in
this Agreement, (a) the assets, rights, technology, and other information and
materials assigned, licensed or otherwise conveyed by each Party under this
Agreement, including the Existing Cores, the Other Transferable Licensing IP,
the Licensed IP Modules and the Process Information, are assigned, licensed and
otherwise conveyed as such assets, rights, technology, and other information
and materials exist as of the Effective Date, and (b) each Party retains all
right, title and interest in and to any modifications made by or for such
Party, and shall have no 


 


 


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obligation to provide
such modifications to the other Party. 
In addition, neither Party assumes any obligations other than those
expressly set forth in this Agreement. 
Without limitation of the generality of the foregoing, neither Party is
obligated to provide any consulting or technical assistance except as otherwise
provided herein.


Section
11.2.          Further Assurances.


(a)           At any time and from time to time
after the Effective Date, at the request of a Party, the other Party shall
execute and deliver such written instruments and extend such other cooperation
as may be necessary in the reasonable opinion of the other Party to effect,
evidence, record or perfect any of the assignments, transfers, licenses and
other rights (including retentions thereof) set forth in this Agreement,
including execution and acknowledgement of assignments and other instruments.


(b)           To the extent that DSPGL or any
Transferring Entity retains ownership of any assets or intellectual property
rights used principally in the Licensing Business (as opposed to the Products
Business), but which are not included in the Licensing Business Assets, at the
request of Corage during the two (2) year period commencing on the Effective
Date, DSPGL, on behalf of itself and the Transferring Entities, covenants and
agrees to transfer such assets and intellectual property rights to Corage
without any additional consideration, provided that such additional assets or
intellectual property rights shall be subject to all the rights of DSPGL, its
successors and assigns, and its and their current and future Affiliates set
forth herein, including, without limitation, those set forth in Sections 2.2,
2.3 and 2.4.  The rights and
remedies for breach of this Section 11.2(b) shall be only those set forth in
Section 9.2 and shall not be cumulative with any other rights or remedies.


Section
11.3.          No Obligation to Obtain
New Rights.  Corage acknowledges that, from and after the
Effective Date, except only as set forth above in Section 11.2 and Article
VIII, DSPGL has no obligation to preserve, protect, obtain or enforce any
rights in the Transferable Licensing IP, including, without limitation, any
obligation to register any copyright, to file or prosecute any patent
application, or to bring actions for infringement or misappropriation of any
Transferable Licensing IP.  Neither this
Agreement nor the conduct of either Party under this Agreement imposes or shall
be deemed to impose any such obligation, by implication, estoppel, inference,
or otherwise.


Section
11.4.          Maintenance of
Transferable Licensing IP.  As of the Effective Date, Corage shall
have the sole responsibility to execute and deliver such documents, pay such
maintenance and other fees, and take such other measures as may be necessary or
desirable to preserve, protect, obtain or enforce the Transferable Licensing IP
and Corage’s rights therein, including, without limitation, prosecution and
maintenance of any Transferable Patents, registration and maintenance of any
Transferable Marks and Transferable Domain Names, and registration, renewal and
recordation of any Other Intangible Property Rights, provided that DSPGL shall
assist Corage in connection with the foregoing in accordance with Section 11.2
without any additional consideration but subject to reimbursement of expenses.


Section
11.5.          Delivery.  Upon the Effective Date, DSPGL shall deliver
to Corage (a) the tangible Other Transferable Assets, and (b) to the extent in
DSPGL’s possession, copies of 


 


14

















 


tangible embodiments of
the Transferring Entities of the Transferable Licensing IP, Third Party
Licenses, employment agreements of Transferred Employees, intangible Other
Transferable Assets, and Other Contracts. 
Notwithstanding the foregoing, each Party may retain copies of any
assets, technology, and other information and materials assigned, licensed or
otherwise conveyed to the other Party under this Agreement (except for tangible
Other Transferable Assets as to which no copies can be made), solely to the
extent necessary for such Party to exercise the rights expressly granted to such
Party under this Agreement, and subject to the rights and obligations with
respect thereto as set forth in this Agreement.


Section
11.6.          Residuals.  Notwithstanding anything herein to the
contrary, each Party may use residual information for any purpose, including
without limitation use in development, manufacture, promotion, sale and
maintenance of its products and services; provided that this right to residual
information does not represent a license under any patents or copyrights of the
other Party.  The term “residual
information” means any information that is retained in the unaided memories of
a Party’s personnel who have had access to the other Party’s Confidential
Information in accordance with this Agreement. 
An individual’s memory is unaided if the individual has not
intentionally memorized the Confidential Information for the purpose of
retaining and subsequently using or disclosing it.  This Section 11.6 does not imply any exception to, or limitation of,
the obligations of the Parties under Section 6.3 of the Separation Agreement.


Section
11.7.          Interpretation of Rights.  The Parties acknowledge and agree that (a)
any right of a Party granted or referenced herein includes the right (i) to
have such right exercised for the benefit of such Party (e.g., the right to
make includes the right to have made, the right to reproduce includes to right
to have reproduced, etc.), and (ii) to make offers of such right (e.g., a right
to sell includes the right to offer to sell), and (b) the right to distribute
includes the right to distribute through multiple layers of distribution.  In addition, the Parties acknowledge and
agree that (1) an Affiliate of a Party shall have the right to
exercise a right or license granted to such Affiliate hereunder only to the
extent such Party so authorizes, and such Affiliate must be subject to (and
agree to) any terms and conditions of this Agreement applicable to such right
or license (e.g., limitations on use or confidentiality obligations with
respect to the subject matter of such right or license), and (2) a successor or
assign of DSPGL or Corage shall have the right to exercise the rights and
licenses granted to such successor or assign hereunder only if such successor
or assign is subject to (and agrees to be bound by) all of the terms and
conditions of this Agreement, to the same extent as DSPGL or Corage, in
accordance with Section 12.8.


Section
11.8.          Subject to Third Party
Rights.  Notwithstanding anything else in this Agreement,
neither Party shall be obligated to assign, license or otherwise convey, or be
deemed to assign, license or otherwise convey, any assets,
rights, technology, or other information or materials owned by, or
subject to the rights of, a Third Party, or any agreement with a Third Party,
if and to the extent such Party does not have the right so to assign, license
or convey, provided that such Party shall use commercially reasonable efforts
to obtain the consent of the Third Party to any assignment, license or other
conveyance contemplated by this Agreement at no charge to the assignee or
licensee, as applicable (such efforts will include payment of any fees to the
Third Party required to effect the assignment, license or conveyance). Each Party acknowledges and agrees that all assignments, licenses and
other conveyances made hereunder are subject to the Third Party Licenses
granted before the Effective Date.


 


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Section 11.9.          No
Obligation to Bring or Defend Legal Actions.  Neither Party shall have any obligation
hereunder to bring any claim or action against any third party for infringement
or misappropriation of any of the intellectual property rights assigned or
licensed hereunder, or to defend any claim or action brought by a third party
with respect to any such intellectual property rights (including, without
limitation, a claim or action with respect to the validity or enforceability of
any such rights).


Section
11.10.        No Other Rights.  The
assignments, licenses and other conveyances of rights are only those expressly
set forth in this Agreement.  Neither
Party assigns, licenses or otherwise conveys (or shall be deemed to assign,
license or otherwise convey) any rights (whether by implication, estoppel,
inference or otherwise, or by any conduct of a Party under this Agreement)
other than as expressly set forth in this Agreement.


ARTICLE XII

MISCELLANEOUS


Section
12.1.          Relationship of Parties.  Nothing
contained in this Agreement shall be deemed to constitute either Party or any
of its Affiliates the partner, agent, or legal representative of the other
Party or its Affiliates or to create any fiduciary relationship for any purpose
whatsoever.  Except as otherwise
specifically provided in this Agreement, nothing in this Agreement shall confer
on either Party or any of its Affiliates any authority to act for, bind, or
create or assume any obligation or responsibility on behalf of the other Party
or its Affiliates.


Section
12.2.          Notices.  All
notices provided pursuant to this Agreement shall be delivered by personal
delivery, overnight courier, or facsimile, and shall be deemed effective on the
date on which delivery to the intended recipient of the notice was
accomplished.  Such notices shall be
delivered to the following addresses:


If
to DSPGL:                                                                                          If
to Corage:


Moshe Zelnick                                                                                     [Name]

Chief Financial Officer                                                                         [Position]

DSP Group Ltd.                                                                                    Corage,
Ltd.

5 Shenkar Street                                                                                   [address]

Herzeliya 46120 Israel                                                                          [address]

Fax:  972-9-954-1513                                                                             Fax:


Section
12.3.          Choice of Law.  This
Agreement shall be governed by and construed and interpreted in accordance with
the laws of the State of Delaware (other than as to its laws of
arbitration which shall be governed under the Arbitration Act (as defined in
the Separation Agreement) or other applicable federal law pursuant to Section
8.10 of the Separation Agreement), irrespective of the choice of laws
principles of the State of Delaware, as to all matters, including matters of
validity, construction, effect, enforceability, performance and remedies.  Any
dispute by either Party arising out of or relating to this Agreement shall be
finally settled in accordance with the procedures and terms set forth in
Article VIII of the Separation Agreement.


 


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Section
12.4.          Entire Agreement.  This
Agreement constitutes the entire agreement between the Parties pertaining to
the subject matter hereof and supersedes all previous communications,
agreements, and understandings between the Parties relating to the subject
matter hereof.  Neither Party has entered
into this Agreement in reliance upon any representation, warranty, or
undertaking of the other Party that is not set out or referred to in this
Agreement.  If there is a conflict
between this Agreement and the Separation and Distribution Agreement, the terms
of this Agreement will govern


Section
12.5.          Severability.  Whenever
possible, each provision of this Agreement shall be interpreted in such manner
as to be effective and valid under applicable law, but if any provision of this
Agreement shall be held to be prohibited by or invalid under applicable law,
such provision shall be ineffective only to the extent of such prohibition or
invalidity, without invalidating the remainder of such provision or the
remaining provisions of this Agreement.


Section
12.6.          Headings.  The
section or other headings herein are inserted only for convenience and ease of
reference and are not to be considered in the construction or interpretation of
any provision of this Agreement.  Unless
otherwise stated, references to Sections herein are references to Sections
hereof.


Section
12.7.          Amendments; Waivers.  This
Agreement may be amended, and the taking of any action required hereunder may
be waived, by the written consent of each Party at the time such amendment or
waiver is sought.  No such waiver shall
operate as a waiver of, or estoppel with respect to, any other action.  No failure to exercise, and no delay in
exercising, any right, remedy, or power hereunder shall operate as a waiver
thereof, nor shall single or partial exercise of any right, remedy, or power
hereunder preclude any other or further exercise thereof or the exercise of any
other right, remedy, or power provided herein or by law or at equity.  The waiver of the time for performance of
any act or condition hereunder does not constitute a waiver of the act or
condition itself.


Section
12.8.          Successors; No
Assignment.  Each Party agrees that it will not assign, sell,
delegate, or otherwise transfer, whether voluntarily or involuntarily, any
right or obligation under this Agreement, provided, however, that
either Party (“Assigning Party”) may assign,
sell, delegate and otherwise transfer this Agreement, together with all of the
Assigning Party’s rights and obligations hereunder without such approval in connection with a merger, reorganization, reincorporation into
another state, or sale of all, or substantially all, of such Party’s business
and assets relating to this Agreement, if the assignee agrees to be bound by
all of the terms and conditions of this Agreement to the same extent as the
Assigning Party.  For the purposes of
this Section 12.8, the Parties hereby consent to the transactions contemplated
by the Combination Agreement to occur on the Effective Date, provided that any
successor to Corage is subject to (and has agreed in writing to assume) any and
all obligations, limitations, and liabilities applicable to Corage set forth in
this Agreement.  Any purported
assignment, sale, delegation or other transfer in violation of this Section
12.8 shall be null and void.  Subject to
the foregoing limits on assignment and delegation, this Agreement shall be
binding upon and shall inure to the benefit of the Parties and their respective
successors and assigns.


 


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Section
12.9.          Counterparts.  This
Agreement may be executed in any number of counterparts, each of which shall be
deemed an original and all of which shall constitute one and the same
Agreement.


Section
12.10.        Recovery of Costs and
Attorney’s Fees.  In any legal action, or other proceeding
brought to enforce or interpret the terms of this Agreement, the substantially
prevailing Party shall be entitled to reasonable attorney’s fees and any other
costs incurred in that proceeding in addition to any other relief to which it
is entitled.


Section 12.11.        Third Party Beneficiaries.  The provisions of this Agreement are solely
for the benefit of the Parties (including their permitted successors and
assigns), and not for the benefit of any Third Party.


IN
WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their
duly authorized Representatives as of the day and year first written above.


	
   

  	
   

  DSP
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  CORAGE,
  LTD.

  
	
   

  	
   

   

  By:

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  



 


 


 


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