iBosses Pte Ltd | ENTRY INTO IBOSSES LICENSING AGREEMENT WITH MS LATTANAXAI SENKITCHANULUCK FOR IBOSSES LAOS LICENSEE
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ENTRY INTO IBOSSES LICENSING AGREEMENT WITH MS LATTANAXAI SENKITCHANULUCK FOR IBOSSES LAOS 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 Ms. Lattanaxai Senkitchanuluck (“Lattanaxai”).

 

Under the LA, iBosses (“Licensor”), grants and gives to Lattanaxai (“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 Laos (“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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