Connectivity Service and Marketing Agreement
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CONNECTIVITY SERVICE AND MARKETING AGREEMENT
This CONNECTIVITY SERVICE AND MARKETING AGREEMENT (this “Agreement”) is made as of the 26th day of December, 2007 by and between Intel Corporation (“Intel”) and LogMeIn, Inc. (“LMI”). Intel and LMI may be referred to jointly as the “Parties.”
WHEREAS, the Parties intend to provide a [**] service for the marketplace through developing and marketing an [**] service for third party remote support of personal computers and servers;
WHEREAS, the Parties intend to create multiple product offerings for this product concept;
WHEREAS, the Parties are entering into this Agreement to define the service, development, marketing, revenue sharing and payment terms of this joint relationship;
NOW, THEREFORE, in consideration of the mutual promises on obligations contained in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:
1. SCOPE/STATEMENT OF WORK
It is the intent of the Parties to provide a [**] service for the defined marketplace through developing and marketing an [**] service for third party remote support of personal computers and servers. A description and scope of the joint solution (the “Solution”), the connectivity service to be provided by LMI in connection with the Solution and a Statement of Work describing the project, the Solution, and the roles and responsibilities of the Parties in connection with the project are included on Schedule 1A. It is intended by the Parties that the combination of the Components (as defined below) as described in the Statement of Work on Schedule 1A will produce the Solution. Pursuant to Section 20.5, no amendment or modification of any schedules or exhibits attached hereto, including Schedule 1A, may be made except by a writing signed by both Parties.
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