[Article 3.1, 3.2, and 3.3]3]3] shall be modified to change the end date of the Agreement to August 31, 2023.
[Article 4.2], Annual Salary Review shall be modified to add the following sentence: “Upon successful transfer of the duties and responsibilities of CEO to a designated replacement approved by the Company Board Of Directors [[Mr. Laflin:Person]] will receive a pre-tax bonus of $25,000.”
[Article 4.3] on original leasing agreement has been agreed to revise as follows: during the lease term, if a bona fide third party makes a legally binding lease offer to Party A, Party A shall Obliged to present the proof and notify Party B in writing that Party B has a 30-day pre-emptive lease right and has the right to pre-empt the lease according to the needs of the relevant provisions of this contract, within the leasing areas not leased by Party B. Party A shall not rent to any third party within 30 days of Party B's pre-emptive lease right selection period. Before the lease term expiration, Party B has expressed intention to Party A on renewal of the contract, Party B has the priority to renew the lease, and the two parties shall sign another written contract.
ARTICLE HEADINGS. The article headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement.
[Article 3.9] is deleted in its entirety and replaced with the following one:
[Article 4.7] is deleted in its entirety and replaced with the following one:
[Article 5.1] is deleted in its entirety and replaced with the following one:
[Article 8.3.2] is deleted in its entirety and replaced with the following one:
Amendment to [Article VII]. The introductory clause appearing at the beginning of [Article VII] of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
Nothing in this [Article 14.0] shall be construed as granting either Party, by implication, estoppel or otherwise, any assignment, license or other right under any Intellectual Property Rights, except for those rights expressly granted to Customer and the Contractor pursuant to this Contract. All other rights to each Party’s Intellectual Property are reserved to such Party.
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