Royalty Report: Energy Resources & Svcs, Energy & Environment, Alternative and Renewable Energy – Collection: 28037

$150.00

Curated Royalty Rate Report
Category: Technology Licenses, Created On: 2022-04-28, Record Count: 20

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: 20

Primary Industries

  • Energy Resources & Svcs
  • Energy & Environment
  • Alternative and Renewable Energy
  • Machinery
  • Engines
  • Transportation
  • Chemicals
  • Environmental Control
  • Automotive
  • Petrochemicals
  • Battery
  • Solar
  • Shipbuilding & Water Transportation
  • Recycling
  • Nuclear

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: 28037

License Grant
The Licensee entered into a Diesel Fuel Combustion Technology License with the Licensor, a founder & inventor. The Licensor is a Founder of the Licensee. The Licensor granted the Licensee an exclusive worldwide License to design, engineer, manufacture, market, distribute, lease and sell burner products using the diesel fuel combustion technology, and to sub-License and otherwise commercially exploit the diesel fuel combustion technology.
License Property
The Licensee invented the patented high-frequency valveless 'pulse combustion technology' and the 'diesel fuel combustion technology. A burner unit is a furnace or other combustion chamber which uses the combustion process to convert the chemical energy contained in various fuel sources, such as natural gas, propane, gasoline, diesel fuel, oil, or coal, into heat energy.
Field of Use
The Licensee was developed to market burner units based upon two innovative burner designs acquired under license.

The use of a burner unit to create heat energy is typically the first of a number of steps in which the heat energy is generated for use in a multiplicity of residential, commercial or industrial settings, ranging from simple one-step residential and light commercial applications where the heat energy is used merely to heat air or water, such as the case of space or water heaters, to complicated industrial multi-step applications where the heat energy is subsequently converted into one or more other forms of energy. An illustration of a multi-step industrial application would be electricity generation, where a public utility company first burns oil, natural gas or coal to create heat energy, then uses this form of energy to heat water in a boiler system to create steam energy, then uses this form of energy to run a turbine to create mechanical energy, and ultimately uses this form of energy to create a magnetic field to generate electrical energy.

IPSCIO Record ID: 29768

License Grant
The company grants to the Licensee, a joint venture, a world-wide, exclusive and irrevocable license to make, use, offer for sale, sell, sublicense and otherwise exploit, in perpetuity (but in the event such term is not permitted, then for the longest period permitted by law), the Licensed UOB-TM- Patents, the UOB-TM- Technology and the Tradenames and Trademarks (collectively, the Licensed Property). The license includes all uses, and is subject only to the license as such license is amended as of the date hereof and converted into a sublicense.
License Property
U.S. Patent No. 5,207,185 – dated May 4, 1993

U.S. Patent No. 5,299,536 – dated April 5, 1994

U.S. Patent No. 5,441,546 – dated August 15, 1995

U.S. Patent No. 5,437,123 – dated August 1, 1995

U.S. Patent No. 5,529,484 – dated June 25, 1996

U.S. Patent No. 5,546,701 – dated August 20, 1996

Tradenames and Trademarks shall mean the name and mark UOB-TM-, and any other names or marks now or later adopted, used or acquired by HBT that refer or relate to the UOB-TM- Technology.

Field of Use
This agreement pertains to the technology where hydrogen is used as a fuel for fuel cell systems and combustion systems, or where hydrogen is used as a feed stock, and any other fields of use (whether known or unknown) in the energy industry.

IPSCIO Record ID: 141740

License Grant
Licensor grants a world-wide exclusive sub-license to make, use, market and sell and otherwise exploit, in perpetuity, the UOB-TM-Technology, and the Tradenames and Trademarks, provided, however, that this Sub-License is limited to the Field of Use.

Pursuant to a license agreement between a third party and the Licensee, the Original License, on March 28, 1996 Licensee was granted a world-wide exclusive license to make, use and sell the UOB-TM- Technology with respect to a specific field of use.

That same third party entered into an agreement with this Licensor pursuant to which Licensor was granted, in perpetuity, an exclusive irrevocable worldwide license to make, use, offer for sale, sell, sub-license and otherwise exploit the Licensed UOB-TM- Patents, the UOB-TM- Technology, the Trade Names and Trademarks for all uses.  The third party has assigned the Original License to the Licensor. The parties here are restating and amending the terms and conditions of the original License in this Sub-license Agreement.

License Property
UOB-TM- Technology shall mean all inventions, technology and information presently known or hereafter developed or acquired by or licensed to HBT relating to the UOB-TM-, including, but not limited to, the UOB-TM- Reactor, Water Vaporization System, Water and/or Gas Shift Reactor, Air and Fuel Injectors, Control System Software, all technology where hydrogen is used as a fuel for fuel cell systems and combustion systems, or where hydrogen is used as a feed stock, and any other fields of use (whether known or unknown) for the UOB-TM- Technology, Licensed UOB-TM- Patents, UOB-TM- System.
Field of Use
The Sub-License granted pursuant to this Agreement shall be limited and confined to a Field of Use identified as all conventional hydrogen markets, including but not limited to chemical, refinery, metals, food, hydrogen peroxide, glass, electronics, and all other uses where Hydrogen is not used as a fuel but instead as a feed stock to industrial products and processes.

IPSCIO Record ID: 25909

License Grant
Licensor hereby grants to Licensee a non-exclusive right and license, without the right to sublicense others except as provided herein, throughout the Licensed Territory under Licensor Technology and under Licensor Patent Rights, to make, use and sell Products in respect to Licensee's engines and engines sold under Licensee's trademarks and to practice processes in connection therewith.

The license granted shall include the sole and exclusive right to convert Licensee's engines and engines sold under Licensee's trademarks previously sold by Licensee to utilize aqueous fuel and the sole and exclusive right to manufacture, use and sell parts which can be used in the conversion of such engines and for the repair and replacement of parts thereof. The right in Licensee to convert shall include the right to sell parts or kits to accomplish such conversion and to allow Licensee's authorized dealerships to convert engines previously sold by Licensee, as aforesaid.

License Property
Licensor has the right to license Licensor Technology and Licensor Patent Rights which relate to and/or use aqueous fuel defined as comprising a mixture of water and carbonaceous material for combustion in an internal combustion engine and the use thereof.

Licensee desires to obtain and Licensor is willing to grant a worldwide license under Licensor Patent Rights and Licensor Technology upon the terms and conditions.

Licensor Technology means all proprietary and confidential Technology, owned or licensable by Licensor, now and during the continuance of this Agreement.

Licensor Patent Rights means (a) patents and pending patent applications in the Field of this Agreement, including, without limitation, patents, applications and patents issuing on patent applications listed in this agreement; (b) future patents and patent applications owned or licensable by Licensor to the extent the claims thereof cover subject matter in the Field of the Agreement and (c) any national and foreign filings, continuations, continuations-in-part, divisions, reexamination certificates, reissues or extensions thereof.

Patents and Patent Applications U.S. No. 5156114

Products shall mean articles, including engines and converted engines, in the Field of the Agreement which are produced using and/or utilize Licensor Technology and/or are covered by Licensor Patent Rights.

Field of Use
FIELD OF THE AGREEMENT means methods, processes, compositions and apparatuses for carrying out combustion for the generation of heat in internal combustion engines, including compression, spark-ignited and turbine engines, capable of using aqueous fuels and the use of aqueous fuels in such engines.

IPSCIO Record ID: 5125

License Grant
The Company hereby grants a non-exclusive world wide license to make, have made, use, and sell the UOB-TM- and to practice the Invention for use with fuel cells and fuel cell systems Only.
License Property
Invention shall mean the invention of a UOB-TM- for producing hydrogen from virtually any hydrocarbon fuel without the use of catalysts and addition of steam although steam may have some uses down-stream and any and all improvements thereto which may hereafter be owned or controlled by Licensor, (hereafter called the UOB-TM- or Invention).

Our products provide an efficient and cost-effective way to generate hydrogen.  Our UOB-TM- technology allows for hydrogen gas generation using readily available inputs such as electricity, natural gas, and water.

We design and develop hydrogen fuel processors for fuel cell systems and industrial hydrogen generators.  Because fuel cells require hydrogen to produce electricity, the efficient and cost effective production of hydrogen for fuel cells is critical to the commercial introduction of fuel cell systems into the mass transportation and stationary markets.  We have developed and patented the Under-Oxidized Burner (UOB-TM-), an innovative technology for hydrogen production. In comparison to other means of producing hydrogen, we believe our products provide more efficiency, lower emissions, lower capital costs and greater fuel-flexibility.  Our proprietary UOB-TM- system produces hydrogen from hydrocarbon feedstocks, such as natural gas, propane, diesel and gasoline, and can be utilized as an on-site source of hydrogen in a variety of applications.

Field of Use
The rights granted apply to the fuel cell systems.

IPSCIO Record ID: 4172

License Grant
In July 2010, the Company acquired the rights to certain technology for a solar forced air furnace, patent pending, from the Undisclosed Inventors.
License Property
This technology could provide a practical method of delivering forced air heat to homes in cold climates using solar energy. The solar forced air furnace is expected to be used as a stand-alone forced air heating system or in conjunction with an existing forced air furnace. The system is anticipated to provide hot air to heat commercial or residential spaces needing heat during cold weather. The device is designed to collect energy from the sun, concentrate it into heat and transfer that heat to a moving air stream which is circulated into various spaces.

In August 2010, the Company conducted initial tests on prototype equipment and confirmed that the solar forced air furnace system was generating substantial amounts of heat.

Field of Use
The rights granted focus on the development of solar powered products and consumer electronic devices.

IPSCIO Record ID: 5578

License Grant
The founder of the HARPS technology has granted an exclusive license to develop, manufacture and market the same.
License Property
Intellectual property involved in the transaction involves generation of electrical power using the energy generated by the heat of evaporation of water.

The intellectual property rights are called  Hydro-Air Renewable Power System (HARPS ) which includes two U.S.  Patents,  one  granted on September 3, 1996 (number 5,551,238) and a second granted on July 28, 1998 (number 5,784,886), as well as Air Conditioner Energy  System  (ACES')  which  includes a U.S. Patent (and International filings)  granted  December 28, 1999 (number  6,006,538).  The licensee acquired the intellectual property as part of corporate buyouts.  Licensor is a Director on the Board of Licensee.  At present the technology is dormant and no effort is being made to commercialize because of unfavorable economics.

IPSCIO Record ID: 7273

License Grant
Canadian Inventors hereby grant exclusive manufacturing and distribution and applications rights to Licensee to the use of the Technology throughout the Territory.
License Property
Inventors intend to file Patent Application with the United States Patent and Trademark Office in regard to a certain unique Heating Technologies (herein the Technology).
I) A potential method of creating hot water or steam, or other heated mediums with application by Essential Innovations directly relating initially to the fields of HVAC and Hydronics. The technology specifically relates to a method of heating fluid mediums. The device(s) use a unique mechanical configuration to move fluids using boundary layer principles, induced pressure pulse, fluid shear, and controlled cavitational effects for rapid heating of the fluid medium within the device.
II) A method of creating steam, heat and/or power with, an immersion heating application and more specifically it relates to a new method of heating liquids using an electro-acoustic immersion heater concept for a rapid and highly efficient heating of water and/or the production of steam using an energy movement within the device that appears to be sonic or acoustic in nature.

Heating Technology means process and technology as described above, the technology specifically relates to methods of heating fluid mediums. The device(s) use either a unique mechanical configuration to move fluids using boundary layer principles, induced pressure pulse, fluid shear, and controlled cavitational effects for rapid heating of the fluid medium within the device, or an immersion heating application; more specifically a new method of heating liquids using an electro- acoustic immersion heater concept for a rapid and highly efficient heating of water and/or the production of steam using an energy movement within the device that appears to be sonic or acoustic in nature; each for which it is the intention of the Inventors to file a Patent Application in the United States Patent and Trademark Office.

Field of Use
The exclusive rights granted apply for the use within the target field of HVAC and Hydronics.

The Licensee's primary business objective is focused towards research and development, commercialization and market entry strategies for the intellectual property that they have acquired in regards to multiple green and environmental technology applications such as fluid heating, electricity generation and water treatment/purification.

IPSCIO Record ID: 6626

License Grant
The Licensor hereby grants to Grantee The right under the A-55 Patent to manufacture, sell, distribute and use A-55 Clean Fuels in the Territory and the right to practice any A-55 Process necessary for such manufacture or sale in the Territory.
License Property
The Licensor owns the rights to transfer to others the rights to certain worldwide patent applications, issued patents and trademarks, and valuable technology, know-how, trade secrets and prototypes which relate to and/or use an aqueous fuel comprising a mixture of water and carbonaceous material for combustion in an internal combustion engine and the use thereof, including technologies as set forth in the patent applications and issued patents.

Technology means all know-how, trade secrets, confidential information, and expertise including, but not limited to, designs, plans, specifications and all other information and documentation, whether patentable or not, relating to A-55 Clean Fuels, including the A-55 Patent rights, the A-55 Processes, and the A-55 Know-how (including without limitation the A-55 U.S. Patent No. 5,156,114, issued December 10, 1992, and Australian patent No. 654,941, issued March 23, 1995).

A-55 Trademark means United States registered trademark number 1,848,044 in the territory.

Field of Use
The rights granted relate to use in an internal combustion engine.

Grantee desires to be licensed to use such rights and information including A-55 Trademark means United States registered trademark number 1,848,044 in the territory.   Grantee desires to be licensed to use such rights and information including A-55 Trademark.

IPSCIO Record ID: 25930

License Grant
The Germany Company entered into an exclusive patent License Agreement. Under the terms of the License Agreement, the German Licensee obtained exclusive rights to manufacture, use and distribute products based on certain patent pending technologies related to the Method for converting heat energy into mechanical energy with a low-pressure expansion device as well as the Method and system for converting heat energy into mechanical energy.
License Property
Method and system for increasing the temperature of a vaporous working medium. Method and installation for converting heat energy from refrigerating machines. Method and installation for converting thermal energy from fluids into mechanical energy.  Device and method for converting heat energy into mechanical energy.

1. Energy recovery from capacitor waste heat of water from the atmosphere
2. Energy recovery from capacitor waste heat of refrigeration and air conditioning systems
3. Energy recovery from the waste heat of block-type thermal power stations [2 initials]4. Energy recovery from the waste heat of industrial heat processes
5. Energy recovery from the heat of exhaust and sewage streams

IPSCIO Record ID: 3759

License Grant
This Agreement outlines the terms and conditions whereby the Company offers to retain the Doctor and purchase from him his interest in the Intellectual property rights pertaining to using solar energy to manufacture/produce methanol, gasoline and/or diesel fuel from carbon dioxide.   Also included in this Agreement is the Doctor's full range of technical/mechanical options and skills needed to develop the required technologies and bring them into full commercial production of electricity and fuels.
License Property
The process called Direct Solar Reduction of CO2 to Fuel and Feedstock, which rights and patented process  (U.S. Patent number 6066187) the Company intends to develop into a commercially viable system.  This process utilizes solar energy to directly reduce CO2 that  would  have been released into the atmosphere while producing chemical feedstock, fuel (methane, diesel, etc.) and green or environmentally friendly electricity and oxygen as by-products.
Field of Use
The rights granted apply to solar energy.

IPSCIO Record ID: 3945

License Grant
The Australian Owner hereby grants to the Subsidiary Licensee, a license, subject to the provisions of this Agreement and payment a license under the Patents with the right to sublicense to develop, manufacture, have manufactured, use and sell or supply Licensed Products in the Territory.
License Property
The technology refers to an Eco-Engine, Linear Convergent Engine — a fuel-efficient, lightweight, low-emission, multi-fuel engine smaller and less expensive than conventional internal combustion engines initially targeted for marine applications — to its partially owned U.S. company (29.6% shareholder).  

The Eco-Engine is competitive with conventional internal combustion engines.  It is based on the opposed-piston engine configuration providing much greater torque (power) production relative to its cylinder displacement than traditionally configured engines.  In effect, the Eco-Engine converts thermal energy to kinetic energy more efficiently.  It can run on any fuel but is particularly suited to diesel and natural gas.

IPSCIO Record ID: 3658

License Grant
The Assignor hereby grants to the Assignee, for the Assignment Term only, an indivisible, right and assignment to make, use, lease, sell, and otherwisepractice commercially the defined Assigned subject matter.  Assigned subject matter relates to scientific information disclosed to Assignee by the Assignor, and useful in identifying and optimizing the basic physical and chemical effects underlying the Assigned Products or performing Assigned Services.
License Property
'Assigned Trademark' Santilli's Magnetiona, Santilli's MagneGasa, Santilli's PlasmaArcFlowa Technology, Santilli's Magneculesa, Santilli's Magneliquidsa, or other word and/or design, used with or without any other word and/or design,in or as a brand name for Assigned Products or Assigned Services or Assigned Systems.  The Assignee shall form three companies to exploit the technology in Europe, Asia and United States.

The MagneGas(TM) technology permits fuel production with a sufficient energy density to be used as a combustible fuel in a compressed form. The Company believes that MagneGas(TM) can be cost competitive to other liquid fuels when produced in large quantities.

The Company expects that revenues can also be generated from both the elimination and processing of liquid waste. It is intended that MagneGas(TM) be sold for any fuel application including metal cutting, automotive, electric generators, cooking and heating. MagneGas(TM) is produced by processing liquid wastes of fossil or biomass origin utilizing PlasmaArcFlow(TM) reactors. These reactors flow liquids through a submerged electric arc. The arc essentially decomposes the liquid molecules into a plasma at 7,000 to 10,000 degrees Farenheit ('F') composed of ionized hydrogen (H), oxygen (O) and carbon (C) atoms, plus solid precipitates. The technology then controls the recombination of H, O and C into clusters of molecules under new internal bonds.

Patent Application #1 NEW CHEMICAL SPECIES FOR GASES AND THEIR NEW TECHNOLOGIES Serial Number 09/133,348 dealing with the new chemical structure of all gases produced under an electric arc, known as 'Santilli's Magnecules', which is inclusive of, but not limited to 'Santilli's Magnegas'.

Patent Application #2 DURABLE AND EFFICIENT EQUIPMENT FOR THE PRODUCTION OF A COMBUSTIBLE AND NON-POLLUTANT GAS FROM UNDERWATER ARCS AND METHODS THEREOF by R. M. Santilli Serial number 09/372.277

Patent Application #3 MAGNEGAS, A novel, HIGHLY EFFICIENT, NONPOLLUTANT, OXYGEN RICH AND COST COMPETITIVE, COMBUSTIBLE GAS, AND ASSOCIATED METHOD Serial Number 09/372,278

Patent Application #4 ELECROMAGNETION Serial Number 09/106.170 Filed on 06/29/98 which deals with the new chemical species of 'Santilli's Magnecules' for liquids used in the production of 'Santilli's Magnegas'.

IPSCIO Record ID: 4847

License Grant
The Licensor hereby grants to the Australian Grantee the right under the A-55 Patent to manufacture, sell, distribute and use A-55 Clean Fuels and A-55 Products in the Republic of Korea and the Democratic People's Republic of Korea the rights to certain patent applications, issued patents and trademarks, and valuable technology, know-how, trade secrets and prototypes which relate to and/or use an aqueous fuel comprising a mixture of water and carbonaceous material for combustion in an internal combustion engine and the use thereof, including technologies.
License Property
A-55 Patent' means without limitation any product claim of A-55 U.S. Patent No. 5,156,114 & Pending patent applications related to the A-55 Technology; and Aqueous Fuel for Internal Combustion Engines and Method of Combustion, No. 92-702313, filed November 5, 1990 in the Republic of Korea, Aqueous Fuel and Method of Preparing the Same, No. 705638-96 filed March 29, 1995 in the Republic of Korea and patents and patents pending relating to the A-55 Technology.

'A-55 Clean Fuels' means fuel covered by any product claim of the A-55 Patent.

'A-55 Products' means any product sold by Grantee associated with the grant of this license or the A-55 Technology. It is intended by the parties, that this term shall have the broadest meaning and not in any way be limited to products which are capable of patent or contractual protection. By way of example but not limitation, the term would include any product bearing, utilizing or referring to the A-55 Trademark, clothing, pens, souvenirs, and the like.

'A-55 Trademark' means 1.7.1 United States registered trademark number 1,848,044; 1.7.2 United States Registered Service Mark No. 74/510,26 ('Powered With Water'); and 1.7.3 Any identical or substantially similar trademarks or service marks which may be obtained by A-55.

IPSCIO Record ID: 26512

License Grant
Licensor has granted the exclusive license to manufacture, package – such as assembling of third party products, market, develop, and use the Licensed Technology and Licensed Intellectual Property in order to manufacture, package, market and install, develop, service and warranty the Technology.
License Property
The Licensed Technology and Licensed Intellectual Property granted is for Engine Driven Chillers and Rotary Engine Generator Sets. Engine Driven Chillers include standard and custom packaging of natural gas, electric and diesel-fueled Engine Driven Chillers used for heating, ventilating and air-conditioning (HVAC) system applications. Rotary Engine Generator Sets include a family of Wankel and Mazda type rotary internal combustion multi-rotor engines used for pumps, generator, compressors, and auxiliary power units and applications.

IPSCIO Record ID: 2372

License Grant
The Company announced it signed a non-exclusive worldwide license for the marketing and manufacturing of the ECHFR System–ElectroChem Hydrogen Fuel Reactor (ECHFR), a prototype-stage technology that produces clean burning hydrogen gas at low pressure from any water source.
License Property
The Company was formed to design, build and manage inexpensive and environmentally friendly fuel and power producing systems for remote areas of the world that are without electricity and other sources of power.  The ECHFR is designed to be used where there is no energy readily available.  All that is required for the ECHFR to work is water and a proprietary mixture of dry chemicals that are readily available, light in weight, and easily transported.
Field of Use
The ECHFR is a sophisticated mechanical reactor that creates an electrical current that splits the water molecule, separating the two hydrogen atoms from the oxygen atom.  The ECHFR activates a formula that removes hydrogen from the formula on a stand-by or as needed basis using equipment that can be portable or stationary.  The result is clean burning hydrogen gas that can be used for cooking, heating or refrigeration.

IPSCIO Record ID: 5968

License Grant
Licensor hereby grants to Licensee a limited, nontransferable, exclusive license under the Licensed Patents to use the Detonation Engine Technology, including the Alpha Engines Technical Information, solely for manufacture of, marketing and sales of heavy duty highway truck engines with power ranges from 300 to 1,000 horsepower for use as engines for heavy duty highway trucks (Field of Use).
Licensor also grants Licensee a limited exclusive right to use, and Licensee undertakes to use, pursuant to the terms of this Agreement, the trademark 'Alpha Truck Engines' in the manufacture and sale of its heavy-duty truck engines in the Field of Use.
License Property
Licensor owns rights to a new gas turbine engine system including an ignition system and component parts (called Detonation Cycle Gas Turbine Engine or Detonation Engine) that uses cyclic detonations, provided by a process called 'electromagnetic isothermal combustion' (EIC), for complete combustion of any fuel. The Detonation Engine may be designed and manufactured in many sizes and configurations that enable it to produce the desired horsepower and meet the design, weight and other special requirements for various discrete applications. Alpha Engines is in the business of licensing use of its technology for the Detonation Engine for many different applications.

Use of the Detonation Engine requires practice of Alpha Engines' (i) U. S. Patent No. 6,000,214 issued December 14, 1999.

Field of Use
We will have access to any new patent filings on the highway truck engines as provided for in our licensing Agreement.

The Licensee intends to supply fuel efficient, lower emission engine to a marketplace that must comply with more stringent governmental regulations.

IPSCIO Record ID: 3183

License Grant
The Company consented to the assignment of their sublicensing Agreement with Well to Wire Energy, Inc. dated September 29, 1999 to the Canadian Licensee.

This subLicense Agreement exclusively Licenses within Canada, the use of the Coates Spherical Rotary Valve (CSRV) system technology for industrial engines to be fueled by natural gas to generate electrical power for the oil and gas industry.

License Property
The Company completed development of the prototypes in accordance with this Agreement at the end of 2007.

Additional provisions of the Canadian SubLicense Agreement are as follows

SubLicensee shall have the exclusive right to use, lease and sell electric power generators designed with the CSRV system technology within Canada.

SubLicensee will have a specified right of first refusal to market the electric power generators worldwide.

Upon commencement of the production and distribution of the electric power generators, the minimum annual number of generators to be purchased by SubLicensee in order to maintain exclusivity is 120.  

Until otherwise agreed between the parties, the price per generator shall be $159,000.  We have agreed to pass along to the Licensee savings we expect to realize from economies of scale inherent in high volume production of the CSRV units.

Field of Use
All Licensed rights under this subLicense Agreement related to the CSRV system technology will remain with the Company.  

Coates Spherical Rotary Valve system technology which is adaptable for use in piston-driven internal combustion engines of many types.

The CSRV system technology is designed to replace the intake and exhaust conventional “poppet valves” currently used in almost all piston-driven stationary, automotive, motorcycle and marine engines. Unlike conventional valves which protrude into the engine cylinder, the CSRV system technology utilizes spherical valves that rotate in a cavity formed between a two-piece cylinder head. The CSRV system technology utilizes only a small fraction of the moving parts in a conventional poppet valve assembly. As a result of the design improvements, management believes that CSRV Engines will last significantly longer and will require less lubrication over the life of the engine, as compared to conventional engines.

IPSCIO Record ID: 4322

License Grant
The Licensor granted a License to the Licensee permitting the Licensee to use any technology owned by the Licensor in renewable fuels applications.
License Property
The Licensor acquired a number of patents and pending patent applications, including U.S. patent application numbered 13/057,596 and related intellectual properties involving methods and devices for increasing liquid fuel combustion efficiency by burning fuel more completely. Testing of the Technology completed to date with early-stage prototypes plugged into a gasoline engine has demonstrated an average increase in fuel economy of over 30%. At the same time, the concentration of un-burnt hydrocarbons and carbon monoxide in the combustion exhaust decreased by about 56% and 38%, respectively.

IPSCIO Record ID: 4558

License Grant
The Licensor signed a Separation Agreement with its 74% owned subsidiary (Licensee).

As part of the Separation Agreement, the parties also amended their 2010 License Agreement to provide Licensor with on-going royalties from Licensee’s sale of engines utilizing the licensed technology.

It is worldwide in territory and exclusive for the specific applications of stationary waste heat recovery (WHR) and waste-to-power (WtP). Specifically Licensor grants exclusive rights to the Licensee for all the Licensed Technology including the Cyclone Engines and Components, and their designs and specifications, for the specific Applications defined above.

This exclusivity shall not exclude Licensor from pursuing and participating in development contracts, government grants and other similar projects which are meant to further the development of the Licensed Technology generally. Licensee shall maintain the commercial rights to manufacture, market and sell the Licensed Products which arise from such development projects, as they pertain to the stated Applications of this License.

License Property
Licensed products are all Cyclone Engines and Components, and design and specifications thereof including future models and advancement of the Cyclone Engines, as configured for stationary W2P and WHR applications, which are defined as

Waste heat recovery (WHR) is the use of thermal energy (heat) as produced by machines or equipment that do work or in other processes that use energy and create heat that would otherwise be expelled into the atmosphere or used as another by-product;

Waste-to-power (W2P), includes as examples the incineration, gasification, pyrolysis, torrefication, conversion to syngas, or bio-digestion of bio-waste, municipal waste, commercial/home garbage, biomass, wood/wood pellets, waste/used fuels (i.e., used motor or food oils); the flaring of gasses such as methane from landfills, animal waste digestors, and oil field stranded gas; and similar uses. Unless subsequently agreed by the parties, the Applications exclude the use of refined (i.e., “spec”) bio-fuels.

The word “stationary” as used throughout herein, refers to systems that are not used on automotive vehicles or for other mobile vehicle applications. “Stationary” may include WHR or W2P systems that are mounted to a flatbed truck, shipping container, pallet or other similar platform to allow for portability or mobility.

Disclaimer: The information gathered from RoyaltySource® database was sourced from the U.S. Securities and Exchange Commission EDGAR Filings and other public records. While we believe the sources to be reliable, this does not guarantee the accuracy or completeness of the information provided. Further, the information is supplied as general guidance and is not intended to represent or be a substitute for a detailed analysis or professional judgment. This information is for private use only and may not be resold or reproduced without permission.