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80 OEIGIXAL PETITIOX, EXHIBIT 4.
Now, therefore, the parties hereto, in consideration of the covenants herein, have agreed as follows :
(1) The Licensor hereb}^ grants to the Licensee for the term and subject to the conditions expressed in the ^^Conditions of license'' hereinafter set forth, the license, under the said reissued Letters Patent No. 12192, to lease hcensed motion pictures from the Licensed Manufacturers and Importers and to sublease said license motion pictures for use only on projecting machines licensed by the Licensor under letters patent owned by it.
(2) The Licensee covenants and agrees to conform with and strictly adhere to and be bound by all of the ^'Conditions of license, " hereinafter set forth, and to and by any and all future changes in or additions thereto, and further agrees not to do or suffer any of the acts or things thereby prohibited, and that the Licensor may place and publish the Licensee's name in its removal or suspended list in the event of the termination of this agreement by the Licensor, or in case of any violation thereof, and may direct the Licensed Manufacturers and Importers not to lease licensed motion pictures to the Licensee, the Licensee hereby expressly agreeing that such Licensed Manufacturers and Importers shall have the right to cease such leasing when so directed by the Licensor; and the Licensee further agrees that the signing of this agreement constitutes a cancellation of any or all agreements for the sale of licensed motion pictures made prior to this agreement by and between the Licensee and any or all licensed manufacturers or importers, except as to any clause in said agreements relating to the return of motion-picture film to the several licensed manufacturers or importers. It is further understood and agreed by the Licensee that the license hereby granted is a personal one and not transferable or assignable, and the Licensee hereby recognizes and acknowledges the validity of the said reissued Letters Patent No. 12192,