Chapter 140: Master Agreement Finalized

"President Arakawa, I choose to license patents exclusively. ”

"Exclusive permission?"

"Yes, exclusive license. ”

In patent licensing, there are usually three types of licenses: exclusive licenses, exclusive licenses, and general licenses.

To put it simply, within the term and territory specified in the patent license contract, the exclusive license means that only I can use this patent, and no one else can grab it from me, including the patent holder; the exclusive license means that only you and I can use this patent, and no one else can grab it from you and me; as for the ordinary license, it is even simpler, and everyone can use it as long as it is allowed by the patent holder's permission!

One of the most difficult things is exclusive licensing. In general, this kind of license is more expensive and restrictive, so it is rarely used, unless the patent holder himself participates in the production and sale of the product on the market. Generally, it is more used when the technology of scientific research institutes and research institutes is licensed.

As for Yu Zixianxuan's exclusive license, if the licensing agreement with Nintendo is successfully signed, then in the entire Chinese market, only Rubik's Cube Wisdom and Nintendo can produce and sell FC consoles and game-related products, and there will be no third-party license.

……

After saying this, Yu Zixian mentioned some things about game adaptation, and even won other game markets that Nintendo has not seen for the time being in addition to the main markets of Europe, America, Japan and South Korea, such as Southeast Asia, the Soviet Union and so on.

The key is that Yu Zixian can add materials to it according to his own needs, and take advantage of the situation to engage in some cultural output or something, this opportunity is very rare.

Although the reason why the FC console has not been popularized in China is largely due to the price, the lack of localization of the game language, as well as the lack of follow-up maintenance and technical services are also secondary reasons.

……

"President Arakawa, the price of the console license can be increased, but all patent expenses need to be deferred...... I hope to pay after a year!"

"No way, a year is too long......"

……

The negotiations in the middle went back and forth for many rounds, and Yu Zixianshui didn't know how many cups he had drunk.

……

After another two hours, all the master agreements were finally agreed, and the rest of the work was to draft, review and sign the specific terms.

Originally, the negotiation of a similar contract took a lot of time, but Yu Zixian and Arakawa Shi were both in a hurry, so for the negotiation of the main terms, only the main stem needed to be agreed, so the progress was not slow!

After that, Yu Zixian left with people.

The main elements of the final agreed licensing contract are:

The Supplemental License Agreement for the console is $1,000,000, but needs to be extended for one year.

FC games are packaged and licensed, tentatively at $800,000 per year for ten years. Ten years later, regardless of whether the patent term of the game expires or not, if the Rubik's Cube Wisdom is used, there is no need to pay royalties for it.

The patent licensing method adopts exclusive licensing, and before Nintendo officially enters the Chinese market, the patent rights and interests are exclusively enjoyed by Rubik's Cube Wisdom - that is to say, once someone infringes on the patents of FC and FC supporting games, before Nintendo officially enters China, Rubik's Cube Wisdom can initiate a patent claim!

And is it easy for Nintendo to enter China? You must know that in the last time and space, although Nintendo tried to enter China many times, due to the government's cautious attitude towards game consoles, coupled with Nintendo's Huaxia strategy, many attempts have basically failed many times. Even many games don't even get a release license!

Didn't you see that the little doctor's hosts on the market of Rubik's Cube Wisdom are all shown as learning machines?!

However, if Nintendo does enter the Chinese market one day, the patent rights will be shared by the two companies.

"Kusunoki Zhengcheng, the drafting and signing of this negotiation agreement will trouble you! I will leave here tomorrow for the United States, I hope this time SFC's listing in the United States will be successful!"

"President, you can do it. Just like this time, the president was just here to inspect the market, but he brought a direct profit of $1 million to the company, and a forward profit of $800,000 a year for ten years, totaling nearly 1.3 billion yen, and President Yamauchi will be very happy to know about it!"

"At present, because of the launch of SFC consoles in China, the sales of FC games have begun to be affected, and the club has made an assessment before, and it is expected that within five years, the sales of FC consoles in China will drop sharply, and the sales of FC consoles in China have just begun. What's more, the exclusive license we signed this time does not prohibit the club from entering China, as long as the Rubik's Cube Wisdom opens up the market, we can also sell FC related products along the way, and we can make a lot of money when the time comes......"

"Ten years, Nanmu-kun has thought too far...... May the great god of Yaki bless, and in ten years, we Nintendo will finally become a near-god existence!"

"President, I will definitely ......"

Yu Zixian doesn't know what will happen to Nintendo ten years later, but he knows that he must have a hard time this year!

At this moment, he is a serious "big loser" - a down payment of $1 million, an annual payment of $800,000 for ten years, and a total of $9 million in arrears!

How did Yu Zixian have the feeling that he bought a courtyard house in the second ring of Yanjing twenty years later.

Obviously poor to death, you have to borrow money to buy a house, you don't want to buy a small house, you have to pick a courtyard house in the second ring of Yanjing!

Hey, the good thing is that Arakawa Shi agreed to postpone the payment! Otherwise, Yu Zixian would have jumped off the building.

It was Yu Zixian who insisted on deferring the payment, so that Arakawa Ishiya insisted on paying 800,000 US dollars a year for Rubik's Cube Wisdom for ten years. Otherwise, the price could be a little cheaper.

Previously, Yu Zixian also wanted to let Nintendo Technology take a stake in it to save this licensing fund, but after thinking about it, the follow-up SFC strategy also dispelled this idea.

It's just that today next year, a one-time payment of 1.8 million US dollars will be made, and it is estimated that considering the loss of the exchange rate between the RMB and the US dollar, it is expected to be more than 10 million!

However, Yu Zixian thinks about it, the acquisition of these patents will completely lay the legal foundation for the defeat of Huari Electronics, and it seems that it is worth it.

Even Yu Zixian guessed that maybe Arakawashi also thought of the Huari Electronics infringement claim case, so he would insist on the price of $800,000.

In the past, Huari Electronics infringed on Nintendo FC and Rubik's Cube Wisdom at the same time, but now with the signing of the patent licensing contract, the patent rights and interests have been transferred to Rubik's Cube Wisdom.

Therefore, sue Huari Electronics, one is accurate!

The claims of Huari Electronics involving the entrustment contract have reached nearly 10 million, and the 8 million assets of Huari Electronics are not enough to compensate, which is if you count the patent infringement cases...... It's really going to knock him out of the bones.

"Cheng Du, the specific negotiation matters this time are confidential, and at the same time, after you go back, you quickly sort out the negotiation records, and at the same time cooperate with the lawyers of Dingsheng Patent Firm to complete the signing of the two contracts with Nintendo as soon as possible. ”

When the contract is signed, it is the time when the network is closed to China and Japan.

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