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INTELLECTUAL PROPERTY LICENSE AGREEMENT
This Agreement is made effective as of [Current Date], by and between RealGenCanna Inc. ("Licensor") and Ethos Genetics ("Licensee").
1. GRANT OF LICENSE. Licensor hereby grants to Licensee a non-exclusive, non-transferable license to use the "RealGen Verification Technology" in connection with the cultivation and sale of the following cannabis strains: Mandarin Cookies V2, Citradelic Sunset.
2. ROYALTY PAYMENTS. Licensee agrees to pay Licensor a royalty fee of $1.00 USD per gram of dried flower sold using the RealGen Verification Mark. Payments shall be remitted monthly via the RealGen Portal.
3. QUALITY CONTROL. Licensee acknowledges that the reputation of the RealGen Mark is of high value. Licensee agrees to maintain strict quality standards...
4. TERM AND TERMINATION. This Agreement shall remain in effect for a period of one (1) year...
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