COGNIAI HEALTHCARE LICENCE AND STRATEGIC COLLABORATION AGREEMENT
BioNexus Gene Lab Corp
BGLC / RYET | CogniAI Healthcare
**CogniAI Healthcare Licence and **
Strategic Collaboration Agreement
BioNexus Gene Lab Corp. and Ruanyun Edai Technology Inc.
This Agreement is made between BioNexus Gene Lab Corp., a Wyoming corporation (BGLC), and Ruanyun Edai Technology Inc., a Cayman Islands exempted company (RYET). It is binding from the date of the last signature below (Effective Date). Under it, RYET licenses CogniAI to BGLC for Malaysia, BGLC pays for the licence in shares, and the parties make a reciprocal share investment to support their collaboration in Malaysia and Southeast Asia.
1 Definitions
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**1.1 Definitions. **In this Agreement:
Additional Field means an industry added to the Field under Clause 3.3.
Affiliate means an entity that BGLC controls through a majority of voting rights or other lawful control.
Business Day means a day on which banks are open in Kuala Lumpur.
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