BINDING TERMS SHEET
PRIVATE AND CONFIDENTIAL
TV2U Singapore Pte Ltd (an entity incorporated in Singapore) (TV2U) is a broadcast and content technology enabling company which allows the delivery and monetization of video, audio and data solutions.
[Radical Enlighten] (an entity incorporated in [Thailand]) (RADICAL) is a Systems Integrator of OTT (Over the Top) and New Media solutions and services for the region of Thailand.
TV2U and RADICAL have agreed to enter an agreement that grants RADICAL a license for the use and resale of TV2U’s “Jukebox” application on a subscription service across multiple networks to multiple consumer devices.
This Terms Sheet sets out a summary of the terms on which TV2U and RADICAL agree to enter an agreement in which TV2U (or its nominee) grants RADICAL (or its nominee) the license rights to its “Jukebox” application for resale in the territory of Thailand.
This Terms Sheet supersedes any and all previous correspondence, agreements or understandings between the parties.