Licensed by Royalty

Jack and Rowe board an airship to investigate the proposed illegal sale of a replica "mermaid’s foot", an Ishtar sacred object. The royal family is trying to remove these replicas from the market and Jack and Rowe suspect Professor Freud and his assistant Linda are the sellers. Jack and Rowe fake the death of their buyer, but Freud and Linda implement an elaborate plan to pretend the object was stolen from them. However, Jack and Rowe are not fooled and Linda, a professional bodyguard, attacks Rowe, but they are defeated and caught.

International actor and Cloud 7 agent Moriya Kou, is abducted by the Schwartz Stravinsky of the Hornet crime syndicate to find the location of the Empest Conference and assassinate the world's intelligence bureaus' chiefs. Jack and Rowe infiltrate Hornet headquarters and free Moriya, but they are captured and then try to cause confusion about the real location of the conference. Moriya is a actually double-agent, and after overhearing Jack and Rowe communicate with Cloud 7, he signals the location to Stravinsky who then sends his forces there. However, the information is incorrect, and when Stravinsky and his forces arrive at the false location, they are surrounded and captured by Ishtar troops.

Jack and Rowe are introduced to Commander Camille and asked to escort Noelle Adelaide, one of the reject "15-year Princess" candidates, back to Ivory Island in the utmost secrecy to avoid the media. On the train journey to the island, they encounter Drisden, the rude director of the Ivorystone mining company. Noelle reveals that her grandfather is the caretaker of island's iconic clock tower which has been damaged in a recent storm and the island lacks funding to repair it. Jack and Rowe deposit Noelle at the railway station, but she returns to the capital and begins busking to raise money for the island’s clock tower.

Actor Eric O’Connell is killed by the sniper Gray F. Stratos, known as Tear Drop, while on board a cruise ship. By coincidence, Rowe encounters Stratos' daughter Leila at a city fountain and takes her to Cloud headquarters. Dez plants a bug under her cup and when she returns home, Cloud 7 learn that Gray's target will be at a banquet. However both his daughter Leila and Claire are captured. At the banquet, Jack and Rowe discover that they are the targets, but they avoid being shot. They determine that Gray's employer is the crime boss Dice who has abducted Leila and Claire, and Jack goes to rescue them while Rowe goes after Gray.

After a building explosion at a mining facility, the DTI corporation announces that it was caused by a malfunction in a cooling system. Jack and Rowe receive a tip off from Mark/Margaret that the explosion was deliberate, then DTI's executive director Taylor's car is bombed and Cloud 7 suspect the bomber called Angel. They are assigned to investigate, however Frost, Director of DTI's Information Management Division, says that they will handle it themselves. Nevertheless they examine a bomb threat note, which the DTI executive Claudia suggests means Sunday at midnight. Jack reveals to Rowe that he and Claudia were partners some years ago, but suspects that she is the bomber. She admits her attack on DTI because of its unprincipled practices, but she is then shot dead by one of their agents.

A bomb explodes in a tower of the royal palace and Duke Regent Rand falsely announces that it was caused by an electrical fault. Commander Camille berates Cloud 7 for not apprehending Angel and preventing the bombing. Jack and Rowe examine an Ivory Island nursery rhyme which appears to provide clues to the bombings, and travel to the island. While ejecting Drisden from Tola's tavern, Jack and Rowe again meet Noelle. They realize that Ishtar and DTI make all the profits from Ivorystone mining, leaving the islanders with only their salaries to sustain them. Meanwhile, Duke Regent Rand realizes that Noelle really is the 15-year princes, and Istar troops attempt to capture her. Jack and Rowe fight them off and Camille lands on the island and acknowledges Noelle as the princess.