In the District Court of the United States, for the Eastern District of Pennsylvania, the United States of America, petitioner, vs. Motion Picture Patents Company, et al., defendants (1912-1913)

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Motion Picture Pat. Co. and Armat Moving Picture Co. 287 which is to pay any royalties on any exhibiting or projecting machines embodying any or all of the inventions described and claimed in the aforesaid Letters Patenl Nos. 578185, 580749, 586953, 588916, 673992, 707931, and 722382, when such exhibiting or projecting machines are sold bona fide for export, the covenants and conditions in the licenses to each and all of the said firms or corporations to he otherwise like those set forth in this agreement). ill' i It is mutually covenanted and agreed by and between the Licensor and Licensee that, unless sooner terminated, as hereinbefore and hereinafter provided, this agreement, ami the license granted thereby, shall take effect on February 1, 1909, and shall c mtinue until June 20, 1910, but that tin1 Licensee may renew this agreement and license thereafter from year to year upon the same terms, conditions, and stipulations as herein provided, by giving notice to the Licensor on or before the 20th day of March in each year, beginning with the year 1910, of the Licensee's election to so renew this agreement and license, and upon the giving of each such notice this agreement and the license thereby granted shall be considered and treated by the Licensor and Licensee as renewed for the period of one year, beginning June 20th of thevyear following such notice, and such notice and renewal may be given and made by the Licensee during the life or lives of each or all of the patents under which the Licensee is hereby licensed. In case, however, that the Licensor should become bankrupt, cease doing business, or should be dissolved, voluntarily or otherwise, or its charter should be repealed, then, on tin1 happening of either of such events, this agreement and the agreements made with the additional Licensees hereinbefore provided for, that are then in force, shall forthwith terminate and be at an end. (13) It is further mutually covenanted and agreed by and between the Licensor and Licensee, that if. during said original term or during any such renewal period, either party should, knowingly or through gross neglect or carelessness, be guilty of a breach, violation, or non-performance of its covenants, conditions, and stipulations resulting in substantial injury to the other party, and should, for the period of forty I 40 i days after notice thereof from the other party persist therein or fail to correct, repair, or remedy tffe same, then and in such case the party aggrieved may terminate this agreement by giving notice in writing to the guilty party of its intention