Page:United States Statutes at Large Volume 58 Part 2.djvu/536

 1456 55 Btat. 31. 22 U. S. 0., Supp. HI, Oi411-419. Iailure to deliver; refund. Records Transfer of title, etc. Patent rights. 66 Stat. 31 . 22 U. 8. 0., Supp. Ill, 6I 411 -419. Effective date; dura- tion. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [58 STAT. will dispose of such articles to the Government of Iceland. In con- formity, however, with the Act of the Congress of the United States of America of March 11, 1941, the Government of the United States ef America reserves the right at any time to suspend, defer, or stop deliveries whenever in the opinion of the President of the United States of America further deliveries are not consistent with the needs of the defense of the United States of America. If, by reason of the exercise of the right so reserved, the Government of the United States of America shall fail to deliver any defense articles for which the Government of Iceland has, prior to the receipt of such articles, made any payment, the Government of the United States of America will refund such payment or will credit such pay- ment against other defense articles to be procured by an agency of the United States of America for or on behalf of the Government of Iceland, in accordance with this agreement. Records shall be kept of such articles agreed to be procured, of all .payments therefor, and of all deliveries thereof, and of the use or disposition thereof and of any other pertinent information; and not less than every ninety days these records shall be exchanged, reviewed, and verified. ARTICLE II The Government of Iceland will not, without the prior consent of the President of the United States of America, transfer title to, or possession of, any defense article to any person not an officer, employee or agent of the Government of Iceland, or permit the use of any such article or any part thereof by any such person. ARTICLE III If, as a result of the sale to the Government of Iceland of such articles in accordance with this agreement, it is necessary for the Government of Iceland to take any action or make any payment in order fully to protect any of the rights of any citizen of the United States of America who has patent rights in or to any such article, the Government of Iceland will, in conformity with the Act of the Congress of the United States of America of March 11, 1941, do so, when so requested by the President of the United States of America. ARTICLE IV This Agreement shall continue in force from the date on which it is signed until a date agreed upon between the two Governments.

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