iBosses Pte Ltd | ENTRY INTO IBOSSES LICENSING AGREEMENT WITH BRING THE BEST ACCELERATION CO., LTD FOR IBOSSES BANGKOK, THAILAND LICENSEE
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ENTRY INTO IBOSSES LICENSING AGREEMENT WITH BRING THE BEST ACCELERATION CO., LTD FOR IBOSSES BANGKOK, THAILAND LICENSEE

iBosses Corporation Limited (ASX: IB8) (“iBosses”) is pleased to announce that the Company’s wholly owned subsidiary, iBosses Pte Ltd has entered into a Licensing Agreement (“LA”) with Bring the Best Acceleration Co., Ltd (“Bring the Best Acceleration”). 

Under the LA, iBosses (“Licensor”), grants and gives to Bring the Best Acceleration (“Licensee”), effective from and during the continuance of three (3) years from this agreement, the license to establish and carry on the business of marketing in the Territory of Bangkok, Thailand (“Territory”), in accordance with the System and Methodology under the iBosses Trademarks and to use the System, the Method, the Trademarks and the Materials within the Territory.

 

The Company shall be entitled to ongoing licensing fees from the Licensee under the LA.

 

The Company will provide updates as and when there are material developments in relation to the LA.

 

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