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Notwithstanding anything to the contrary herein, following the execution and delivery of this Agreement, VUG and Interplay agree to discuss and negotiate in good faith a mutually acceptable settlement with respect to ***.Īssignment of Developments I agree that I will, without additional compensation, promptly make full written disclosure to the Company, and will hold in trust for the sole right and benefit of the Company all developments, original works of authorship, inventions, concepts, know-how, improvements, trade secrets, and similar proprietary rights, whether or not patentable or registrable under copyright or similar laws, which I may solely or jointly conceive or develop or reduce to practice, or have solely or jointly conceived or developed or reduced to practice, or have caused or may cause to be conceived or developed or reduced to practice, during the Assignment Period, whether or not during regular working hours, provided they either (i) relate at the time of conception, development or reduction to practice to the business of any member of the Company Group, or the actual or anticipated research or development of any member of the Company Group (ii) result from or relate to any work performed for any member of the Company Group or (iii) are developed through the use of equipment, supplies, or facilities of any member of the Company Group, or any Confidential Information, or in consultation with personnel of any member of the Company Group (collectively referred to as “Developments”). All other rights and obligations under the High Voltage Agreement shall at all times remain the sole responsibility of Interplay. By way of clarification, VUG is assuming all obligations in the High Voltage Development Agreement related to the Hunter Sequel Skus, which shall include, without limitation, Sections 1.04(f) and (g) of the High Voltage Development Agreement as they apply to the Hunter Sequel Skus. Further (and also and pursuant to the High Voltage Consent), Interplay shall retain from High Voltage, all of Interplay's rights and responsibilities under the High Voltage Development Agreement with respect to all other titles (other than the Hunter Sequel SKUs), including, but not limited to, "BALDUR'S GATE: DARK ALLIANCE" (on the Nintendo GameCube platform). For purposes of clarification, and pursuant to the High Voltage Consent, Interplay shall retain directly from High Voltage all of Interplay's rights and responsibilities under the High Voltage Development Agreement ( including, without limitation, any obligation to remit royalties) necessary to continue to manufacture, market, sell, distribute and publish the Reserved Skus only.
As a condition precedent to this Agreement, High Voltage shall consent to such assignment in the form attached hereto in EXHIBIT 4 (the "HIGH VOLTAGE Consent").
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ASSIGNMENT OF HIGH VOLTAGE DEVELOPMENT AGREEMENT. Subject to the terms of this Agreement, and except with respect to (i) the Reserved Skus and ( ii) the video game entitled "BALDUR'S GATE: DARK ALLIANCE" (on the Nintendo GameCube platform) developed for Interplay by High Voltage under the High Voltage Development Agreement, Interplay hereby sells, transfers and assigns to VUG, and VUG hereby purchases and assumes from Interplay, any and all of Interplay's right, title, interest in and to, and obligations under, the High Voltage Development Agreement solely as it relates to the video games " HUNTER: WAYWARD" (on the Sony PS2 platform) and "HUNTER: REDEEMER" (on the Microsoft Xbox platform) which are currently under development for Interplay by High Voltage (together, the "HUNTER SEQUEL SKUS")).