The Goldratt Satellite Program (GSP)
Company Licensing Agreement

The Video of The Goldratt Satellite Program (GSP)

This Licensing Agreement ("Agreement") sets forth the terms and conditions under which Goldratt's Marketing, Ltd. licenses The Goldratt Satellite Program (GSP) to Licensee.

The GSP was recorded during the live broadcast of the Goldratt Satellite Program presented by Dr. Eliyahu M. Goldratt in eight sessions during March to May 1999.


AGREEMENT


1. LICENSE GRANT

Goldratt's Marketing, Ltd. hereby grants to Licensee a nonexclusive, nontransferable, license to use the GSP. Licensee is prohibited from sub-licensing, renting, broadcasting, up/ downloading or leasing any portion of the GSP to a third party.

Licensee has the right to enable any individual working for Licensee to view the GSP in full or partially. Each viewer is entitled to multiple viewing of the GSP as long as this Agreement is in effect.


2. PRICING

The GSP is available for unlimited viewing by Licensee as detailed in section 1 provided the license fee has been paid in full.


3. TERMS

The License term of this agreement is for an unlimited time period, and begins on the date of Licensee's acceptance of online agreement at the time of purchase and receipt of the appropriate paid up fee.


4. PROPRIETARY RIGHTS

Title to and ownership of the GSP shall at all times reside with Eliyahu M. Goldratt. The GSP and accompanying materials (CD - Viewer Notebook) provided by Goldratt's Marketing, Ltd. to Licensee under this Agreement, are protected by copyright laws and international treaty provisions. Licensee acquires no rights or licenses with respect to the GSP and/or accompanying materials other than stated in this Agreement. Licensee commits not to duplicate or make copies of the GSP and/or accompanying materials and will take any reasonable precautions to prevent others from duplicating.

Licensee is responsible to take care of the maintenance of the GSP. If GSP is lost or damaged, a replacement will be provided with a charge.


5. TERMINATION

Goldratt's Marketing, Ltd. shall have the right to immediately terminate this Agreement for any breach of this agreement. Upon termination of this Agreement, Licensee shall immediately return to Goldratt's Marketing, Ltd. at its own expense, all copies of the GSP in Licensee's possession or under its control.