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This Memorandum of Understanding (hereinafter called ‘MOU’) is made between King Mongkut’s University of Technology Thonburi by Mr…………….., the President, with office located at 126 Prachautid Road, Bangkok, Thungkru, Bangkok 10140, Thailand (hereinafter referred to as ‘Licensor’)and…………….., Managing Director, LICENSEE ………………………….. With office located at ……………………………….., Malaysia (hereinafter referred to as ‘Licensee’). Both parties agree to enter into this MOU as follows :1. Definitions‘Technology’ means technology, products, and processes on a Thai patent pending no. ……… which invention’s name is ‘………………’, Filing dated 00th March 2000, and the ‘Licensor’ is a patent holder. ‘Know-how’ means trade secret and any confidential information relevant to ‘Technology’ licensing.
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