Royalty Report: Security, Computers & Office Equipment, Finance – Collection: 27402

License Grant

The Licensor, a Canadian company, hereby grants to the Licensee the right and license, in respect of the Trademarks applicable in the Territory and the Know-How, to manufacture and market the Product.

Product means the chip-based plastic access cards used for identification purposes and as a debit or charge cards.

License Property

Canadian trade-mark 'SmartCard,' registration number TMA 357417 for plastic membership cards.

License Grant

The Licensor grants to the Company, and the Company accepts from the Licensor, a license (the License) to utilize the Patent, including the use, manufacture and sub-license of products which utilize the Patent and the patented technology within the Territory (hereinafter defined). During this terms of this Agreement, Licensor shall not grant any license of the Patent to any other company that directly, or indirectly through a subsidiary, affiliate, licensee or otherwise provides users with Internet access or sells, distribute or manufacturers smartcards, nor shall Licensor use the Patent in any way so as to compete with the Company.

License Property

U.S. Patent No.
Issue Date
Title
6,325,285
Sept. 14, 2004
Smart Card With Integrated Fingerprint Reader

A smart card is a card made from plastic or other suitable material that comprises some degree of processing capability. Typically, smart cards may be programmed to perform a wide variety of functions. For example, a single smart card may be programmed to open doors as a key, store medical information, and serve as an electronic credit card. A single smart card therefore has the potential to replace many of the items that people carry and use in their day-to-day lives.

Field of Use

Rights to Use . The license here stated is a license to make use of the Patent for the purpose of developing software, systems and products to be used in the business of the company, namely providing secure transactions over the Internet from home and office computers and/or providing either or an automatic method for connecting to remote computers and/or a method of delivering targeted advertising to home and/or office computers and/or providing identity verification and access control as provided for in the Patent. 5.

License Grant

The Licensor hereby grants and conveys to Licensee, a license to test, experiment with and use for the First Prototype and a worldwide exclusive license to make, use, sell, sublicense, or otherwise transfer the System or any component thereof in the Field of License and to use such certification mark(s), trademark(s) and/or other marking(s) on Licensed Products.

License Property

The System means  Licensor's fingerprints identification  technology described and claimed in the United States Patent No. 5,623,552 and the Licensee Technology  presently  existing  or future  developed inventions, patents, and technology of Licensee relating to the subject  matter of the 552 patent.

The Licensee may disclose the System to the Authorized Sources and others necessary for its practice by Licensee and its sublicenses. Licensor owns all right title and interest in United States Patent No. 5,623,552, dated April 22, 1997, and entitled Self-Authenticating Identification Card With Fingerprint Identification.

Field of Use

Field of License means identification, access, and security cards, associated systems and equipment of any and all types used in the private credit/limited use, non-bank card field, in any and all locations worldwide. The Field of License shall be limited to and shall not expand beyond the following private credit/limited use non-bank card areas as follows

(1) Both general and specialty merchandisers/retailers of all kinds (including, without limitation, e-commerce wholesale/membership clubs and buying consortiums of various forms for employees and customers);
(2) Oil and gas retailers;
(3) Restaurants, whether single or multiple chain;
(4) Resorts and theme/amusement parks (excluding employee and customer room access, in-room safes, and minibar systems located within resort or theme/amusement park lodging or hospitality operations);
(5) Rental car and truck companies; and/or
(6) Acceptor(s) of those non-bank cards and non-bank systems used in the foregoing five areas provided such cards and systems are being used and accepted by such acceptor(s) solely for transactions taking place within the areas. By way of example, the Field of License does not include general-purpose credit and debit cards (Visa, MasterCard, American Express, Discover Card, Carte Blanche, Diners Club, etc.) or general-purpose bank-issued cards of various forms, and it is also understood and agreed that the Field of License does not include use of the System for Internet security.

License Grant

The Licensor hereby grants and conveys to Licensee, an exclusive, worldwide license to test, experiment with and use the fingerprint identification technology and to make, use, sell, sublicense, or otherwise transfer the System or any component thereof in the Field of License and to use such certification mark(s), trademark(s) and/or other marking(s) on Licensed Products, and to disclose the System to the Authorized Sources and others necessary for its practice by Licensee and its sublicenses.

License Property

Licensor owns all right title and interest in United States Patent No. 5,623,552 (the '552 Patent'),   dated April  22, 1997, and entitled 'Self-Authenticating Identification Card With Fingerprint Identification.

Field of Use

“Field of License” means identification, access, and security cards, associated systems and equipment of whatever type used for United States FAA approved airline and airport facilities throughout the world, in particular, for airline and airport personnel identification and security systems. Licensor owns all right title and interest in United States Patent No. 5,623,552, dated April 22, 1997, and entitled “Self-Authenticating Identification Card With Fingerprint Identification”.