CMDX IP Leas Agreement Have a question? Ask Brittany
Have a question? Ask Brittany
Last updated: March 10th, 2020
This Intellectual Property Agreement is made on [Effective Date Accepted by Brittany] between CMDX, Inc., [COMPANY] having its main office at Ma Veron Complex Cnr. of Hillsborough & Old Streets, Roseau DM Dominica, hereby referred to as the “Grantee” and [CMDX MEMBER], having its main office at [Member Address Listed in Profile], hereby referred to as the “Grantor”. This Intellectual Property Agreement is made to confirm that the Grantor grants to the Grantee a lease on personal data collected on the www.cmdx.io website for a time period specified by the subscription chosen by the CMDX MEMBER. The Grantor will however own the Intellectual Property rights for this data generated by the www.cmdx.io website. The Grantee hereby agrees to comply with all the terms and conditions set forth in this contract as is the case with all Intellectual Property Agreements of the Country of Dominica. The Grantee confirms that he/she will not do anything to violate the clauses listed down in the agreement. Both parties have discussed all the intricacies involved in this Intellectual Property Agreement, the specifics of which are as under:
1. Personal Data generated from the HealthStyle Profile, Profile Page, CMDXMarket Search Activity, Provider Data, CMDX Invoice Generator Transactions, Shared Links, and all activity generated on COMPANY WEBSITE
The Grantor, having discussed all details pertaining to this Intellectual Property Agreement with the Grantee has agreed to respect the Grantor’s need to protect his/her Intellectual Property Rights of the personal data. As in all Intellectual Property Agreements, the ownership and copyright of the data will remain with the Grantor, CMDX MEMBER.
The Grantor hereby confirms complete ownership of the property and confirms to the Grantee the authenticity and accuracy of his product/property.
3. TERM & PERIOD OF THE AGREEMENT
This Intellectual Property Agreement, valid for [TERM OF SUBSCRIPTION is effective from _________ (D/M/Y) and will last until ________ (D/M/Y). The agreement can not be terminated.
4. RENEWAL OF AGREEMENT
Intellectual Property Agreements can be renewed after termination of the contract by signing a renewal agreement.
5. FEE AND COST
The Grantee will pay a total amount of $__________ of CMDX TOKENS TO COINSAFE to the Grantor for the use of the said data. An initial fee of $ _______ will be paid by the Grantee to the Grantor on ________ (D/M/Y).
6. PRIVACY AND CONFIDENTIALITY
Intellectual Property Agreements ensure that both party shall maintain confidentiality and will not disclose any information agreed upon in this agreement to any third party unless required in the course of business, which will be agreed upon by mutual consent.
7. PLAN OF ACTION
The Grantee has agreed to complete the Healthstyle Profile in its entirety, answering the questions accurately and honestly. The COMPANY will provide recommendations for products and services via the CMDXMarket, by email, text and other electronic means based on the user generated data of the Grantor.
As the use of the data is experimental by nature, the Grantor will not provide any warranty to the Grantee regarding any losses or damage that may incur to the Grantee or to any third party during the course of the business.
The Grantee agrees not to sell the data to any third party vendor or use the data outside the scope of this agreement. The Grantors data will be stored in a de-identified format on HIPPA compliant servers. The Grantor understands that the Grantee is not a health care provider and is not subject to HIPPA regulations. Grantor will hold Grantee harmless for any and all recommendations of products and services. CMDX Members are responsible for making informed decisions based on their own due diligence before purchasing any products or services.
There will not be any changes or waiver of any fees listed in the agreement unless agreed by the Grantee in writing. This Intellectual Property Agreement has been agreed upon by both the Grantor and the Grantee.
IN WITNESS WHEREOF, both parties have appointed their respective authorized representatives to execute the agreement on [IPLA ACCEPTED DATE].
Brittany and Smart Contract
By: /s/ [CMDX Member]
By: /s/ Brittany