Bea18llc

Non-exclusive, worldwide license to manufacture insoles incorporating Bea18llc's patented holder cavity architecture. Bea18llc retains all rights to the tracking hardware (iTags) and monitoring platform, which are sold separately to the licensee or end customers. CLARIFICATION: Bea18llc is NOT granting exclusive rights to all six verticals at this time. Only the Sports Cleats interchangeable stud system is being offered as exclusive (Monday patent-pending — separate term sheet). All other verticals — sneakers, work boots, dress shoes, defense/VA, medical/wearables — remain under Bea18 Inside platform with non-exclusive or future-exclusive structures TBD under separate term sheets.

GPS-enabled insoles with the embedded iTag holder cavity, for children's, adult, and senior footwear. Additional footwear categories (cleats, work boots, tactical) negotiable under separate addendum.

Per-unit royalty on each insole manufactured with the licensed holder cavity. Royalty rate based on volume tiers. Detailed rates and minimum annual commitments per the final executed agreement.

Licensee purchases iTag tracking devices and monitoring subscriptions from Bea18llc at wholesale pricing. Volume discount tiers available. Bea18llc manages all monitoring infrastructure, geo-fence alerts, and end-customer support for the tracking platform.

Licensee must maintain manufacturing tolerances for holder cavity dimensions as specified by Bea18llc. Bea18llc reserves the right to inspect production samples with reasonable notice. No modifications to holder cavity design without prior written approval.

Initial term of 3 years, renewable by mutual agreement. Either party may terminate with 90 days written notice. Surviving obligations include an inventory sell-through period of 6 months post-termination.

All specifications, pricing, and terms shared during evaluation and under agreement are confidential. A mutual NDA is recommended before detailed technical exchange begins.

State of New York. Disputes resolved via binding arbitration in accordance with the rules of the American Arbitration Association.