Description
This collection of transactions and supporting information was developed using our AI algorithm to curate similar royalty reports into a cohesive collection to support your licensing, transfer pricing or other transaction scenarios where documented royalty rates and/or deal terms are important.
Category: Technology Licenses
Created On: 2022-04-28
Record Count: 5
Primary Industries
- Machinery
- Motors
- Electrical & Electronics
- Electric Motor
- Magnetic
- Generators
- Energy & Environment
- Energy Resources & Svcs
- Battery
- Circuits
- Transportation
- Automotive
- Engines
IPSCIO Report Record List
Below you will find the records curated into this collection. This summary includes the complete licensed property description so that you can review and determine if this collection covers the topics, technology or transaction type that is relevant for your needs. The full report will include all relevant deal data such as the royalty base, agreement date, term description, royalty rates and other deal terms. For reference, here is a sample of a full IPSCIO curated royalty rate report: Sample Report
IPSCIO Record ID: 167691
License Grant
The Canadian Licensor hereby sells, transfers, conveys, assigns and delivers to Licensee all of its right, title and interest in and to all of the Licensor Technology, and Licensee hereby assumes and agrees to pay, perform and discharge as and when due any and all liabilities and obligations arising out of or with respect to the Licensor Technology, whether known or unknown, accrued or to accrue.
License Property
Licensor Technology shall mean all Technology developed by or on behalf of Licensor on or prior to the date hereof for the expressed benefit of Licensee or its Affiliates pursuant to written contracts between Licensor (or its Affiliates) and Licensee (or its Affiliates).
Technology shall mean all of the right, title and interest of Licensee and its Affiliates in and to all of the inventions, trademarks, patents, trade names, copyrights, know-how, intellectual property, software, shop rights, licenses, developments, research data, designs, technology, discoveries, trade secrets, test procedures, processes, formulas and other confidential information and other similar intangible property rights, whether or not patentable (or otherwise subject to legally enforceable restrictions or protections against unauthorized third party use), and any and all applications for, and extensions, divisions and reissuances of any of the foregoing, and rights therein, owned by or otherwise employed in or related to Licensee and its Affiliates or to the respective businesses conducted thereby, but only insofar as such technology is related to permanent magnet motors and the controllers for permanent magnet motors.
Patents means all currently existing and future, domestic and foreign patents and patent applications owned in whole or in part or utilized by Licensee that disclose and claim Technology related to permanent magnet motors and the controllers for permanent magnet motors, including, without limitation (i) United States Patent Number 5,004,944 titled 'Lightweight High Power Electromagnetic Transducer' and a continuation of such patent filed October 11, 1990, under serial number 596371, (ii) United States Patent Number 5,107,151 titled 'Improved Switching Circuit Employing Electronic Device in Series with an Inductor to Avoid Communication Breakdown' and continuation of such patent filed November 19, 1991, under serial number 794679, (iii) United States Patent Number 4,216,839 issued August 12, 1980 titled 'Electricity Powered Motor Vehicle,' and (iv) United States Patent Application Number 937,311filed September 1, 1992, titled 'Stator and Method of constructing same for High Power Density Electric Motors and Generators,' and, with respect to all such patents and patent applications, all related continuation, continuation-in-part or divisional applications, corresponding domestic and foreign applications and domestic and foreign patents issuing therefrom, and all revisions, reapplications and reissues thereof, whether now or hereafter existing.
Field of Use
This agreement relates to electromagnetic transducers being able to operate a highly efficient motor, alternator or generator.
IPSCIO Record ID: 28562
License Grant
Licensor, our Vice President for Research and Development, a director, and a co-founder of our company, hereby grants to Licensee, to the extent of the Licensed Field, a license under any Patent(s) or Patent Application(s) to be filed and Improvements, Proprietary Information including Trade Secrets, Technical and Scientific information, and Know-How for the purpose of using the Licensed Products and the Licensed Process and Technology, that is an integrated operating system and related technology collectively and commonly referred to as the Bedini Motor, which relates to several designs of a Back EMF Permanent Electromagnetic Motor Generator, known as the Bedini motor, in the Licensed Territory. Licensor represents that he is the owner of certain Patent Applications, and has the right to file Patents and Improvements, Proprietary Information, Trade Secrets, Technical and Scientific information and Know-How, all pertaining to several designs of the Back EME Permanent Electromagnetic Motor Generator (hereinafter, Bedini Motor).
Licensor wishes to grant an exclusive license to Licensee and assign all right, title and interest in any domestic and foreign patents granted at a future date for this technology, subject to certain terms and conditions.
License Property
The Bedini Motor allows the utilization of previously wasted energy surrounding Electromagnetic Circuits.
Field of Use
The hybrid electromagnetic motor/generator is a low friction motor that utilizes a flywheel design configured with opposing magnets to charge dead batteries in a highly efficient manner, needing only a small trigger pulse of electricity from a primary battery or from the electrical power grid. We have built and tested several hybrid motor/generator prototypes based on the hybrid electromagnetic motor/generator. We intend to develop and test energy generation system prototypes that can be utilized to efficiently charge batteries for many home and industrial applications.
IPSCIO Record ID: 327886
License Grant
The agreement grants the exclusive worldwide right to make, use, sell, lease, import, export, or otherwise dispose of products utilizing Licensor’s magnetic spring mechanical motor technology, including the right to have products using the energy efficient technology made by third party manufacturers. The technology licensing agreement is a continuing worldwide licensing agreement that according to its terms shall remain in effect during the complete lifetime of all patents for the technology.
License Property
The MagnoSpringTM technology comprises a mechanical motor that produces the rotation of its shaft using a system of magnets and springs. Pursuant to the MagnoSpringTM technology licensing agreement with Licensor, after the completion of an operable prototype that provides proof of concept for the technology, Licensor shall, at the Licensee’s expense, procure patents for the MagnoSpringTM technology.
Field of Use
The field of use is spring magnetic motor.
IPSCIO Record ID: 28164
License Grant
The Licensor grants to the Licensee under the Licensed Patents, an exclusive license to make, use, sell, or otherwise dispose of the Licensed Products.
License Property
The patents relate to motor controls and circuitry.
IPSCIO Record ID: 5379
License Grant
The original license grants exclusive, worldwide rights to a high efficiency electrical motor and a high powered magnet (will be used to produce a lightweight, electrical motor scooter to compete in the emerging, light electric vehicle industry). The sublicense mirrors the original agreement with the inventors and is subject to the terms of the underlying license agreement.
License Property
The technology is patented motor technology in the United States (January 19, 1999 Patent #5,861,693) and Canada (February 20, 2001 Patent #2,164,745), the magnet technology was patented in the United States on November 24, 1998 (Patent # 5,480,133). The sublicense is between parent and subsidiary.
Field of Use
The Company intends to use the technologies to produce a lightweight, electrical motor scooter to compete in the emerging, light electric vehicle industry.
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