What comes next for this: LICENSE AND HOSTING AGREEMENT
THIS LICENSE AND HOSTING AGREEMENT ("Agreement") is made effective as of the 17t h day of October, 2007 ("Effective Date"), by and between Transaction Applications Group, Inc., a Nebraska corporation ("TAG"), and Legacy Marketing Group, Inc., a California corporation ("LMG").
BACKGROUND. This Agreement is the License and Hosting described in Section 1.5 of the Asset Purchase Agreement between the parties dated the date hereof (the "Purchase Agreement"). It describes the terms and conditions under which TAG will Use and access the LMG Tools, CSC Software and Other Third Party Software until the date that is six (6) months after transition of the TPA Services for the New Customers from LMG's software and systems to TAG's software and systems. ("Conversion Date") or such other date as is specified in Exhibit A. Capitalized terms used but not defined in this Agreement shall have the meaning given them in the Purchase Agreement.
NOW, THEREFORE, in consideration of the mutual benefits to be derived and the representations and warranties, conditions and promises herein contained, and intending to be legally bound hereby, LMG and TAG agree as follows:
ARTICLE I AGREEMENT AND DEFINITIONS