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 Pic. Tat. Co; and The Precision Mach. Co., Enc. 621 any royalties under the aforesaid letters patent on any exhibiting or projecting machines sold bona tide for export) then the licensor will upon demand of the licensee convey to the licensee terms, conditions and stipulations similar to those conveyed to said additional licensee. (12) II is mutually covenanted and agreed by and between the Licensor and Licensee that, unless sooner terminated, as hereinbefore and hereinafter provided, this agreement, and the license granted thereby, shall take effect on June 20, 1912, and shall continue until June 20. 1913, but that the 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 1913, 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 the year 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 cease doing business, or should be dissolved, voluntarily or otherWise, or its Charter should be repealed, then, on the happening of either of such events, this agreement and the agreements made with the additional licensees hereinbefore provided for, that are then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) Tt is further mutually covenanted and agreed by and between iho 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 (^ its covenants, conditions and stipulations, resulting in substantial injury to the other party, and should, for the period of forty (40) days after notice thereof from the other party persist therein or fail to correct, repair or remedy the same, then and in such case the partv aggrieved may terminate this agreement by giving notice in writing to the guilty party of its intention so to do. Tt is, however, mutually covenanted and agreed bv and between the Licensor ami Licensee that if the guilty