have agreed as follows:
1. Capitalised terms used in the License Agreement, insofar as not defined in the License Agreement, shall have the meanings ascribed as set out in article 1 of the Standard Terms and Conditions, included to the License Agreement as Schedule 1.
2. Subject to the terms of this License Agreement the RSPO grants the Licensee the non-transferable non-exclusive right to use the RSPO Trademark as included in Schedule 2 ("RSPO Trademark").
3. This License Agreement has been entered into for a term of one (1) year starting on 15 February 2016 ("Initial Term") and, shall be continued automatically for subsequent