Royalty Report: Machinery, Material Composite, Metals & Metal Products – Collection: 292530

$100.00

Curated Royalty Rate Report
Created On: 2020-07-15, Record Count: 3

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.
Created On: 2020-07-15
Record Count: 3

Primary Industries

  • Machinery
  • Material Composite
  • Metals & Metal Products
  • Metal & Mining
  • Transportation
  • Automotive
  • Fabrication

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: 292530

License Grant
The Parties have joined to form a manufacturing partnership. The partnership combines licensed IP, specialized equipment, and facilities to support manufacturing performed by Licensee.

Licensor grants the right and license to use the equipment owned by Licensor solely for use on Licensor’s behalf,  for Licensee’s own limited use in the production of Licensor Products or Licensed Products.

Licensor sells, assigns, conveys, transfers, and delivers to Licensee, and Licensee acquires from Licensor, free and clear of all liens, all of Licensor’s right, title, and interest in and to the alloys.

Licensor grants during the Term of this Agreement and subject to the Field of Use Restrictions,  worldwide, non-transferrable, non-exclusive license to the Licensed Patents and the Licensed Technical Information to make and have made, assemble and have assembled, use, sell, offer to sell, import and offer to import, export and offer to export, distribute and offer to distribute, repair, reconstruct, practice, and maintain Licensed Products in the Field.

License Property
The equipment license includes:

– Two (2) Engel e-motion 310/120 injection molding machines, and associated equipment;
– Two (2) Eontec 300-C Die Casting Machines, and associated equipment;
– One (1) Flow M21313B Waterjet Machine;
– Two (2) DMG Mori Milltap 700 CNC machines, and associated consumables and fixtures;
– Equipment for cut, mount, and polish analysis operations, including:

     i.One (1) Struers Accutom-10 cut-off machine

     ii.One (1) Struers Secotom-50 precision cutting machine  

     iii.One (1) Struers Tegramin-30 tabletop grinding machine

     iv.One (1) Keyence VH X-S550E microscope

– Equipment required for vibratory deburring operations, including:

     i.One (1) Rosler R 125 EC-KF rotary vibrator
     ii.One (1) Rosler R 125 EC rotary vibrator
– Equipment required for passivation operations, including:

– One (1) ESMA, Inc. E782C ultrasonic cleaning system
– One (1) Dry Cooler D455 chill water system;
– One (1) MTS 810 MTS mechanical testing frame; and
– Molds and fixtures needed for production of sample parts.

The alloys are:
—  Approximately three thousand kilograms (3,000 kg) of “virgin” LM105 Alloy

—  Approximately one thousand kilograms (1,000 kg) of “virgin” 106C Alloy

—  Approximately two thousand kilograms (2,000 kg) of LM 105 Alloy revert

The patents and technology relate to New Amorphous Alloy Technology:
—  New Alloy Technology means a New Amorphous Alloy Technology that concerns only the composition, properties, or raw material processing of Amorphous Alloys.
—  New Process Technology means a New Amorphous Alloy Technology that concerns only the process of converting Amorphous Alloy raw material into usable or saleable parts or components, or equipment related thereto.

—  New Application Technology means a New Amorphous Alloy Technology that concerns only customer end-uses for parts and components manufactured of Amorphous Alloys.

The collaboration, joint development efforts, and the manufacturing of products is based on the Licensor’s proprietary amorphous metal alloys.  The Licensor has agreed to license to Licensee specified equipment owned by the Licensor, including two injection molding machines, two die casting machines, and other machines and equipment, all of which will be used to make product for Licensor customers and Licensee customers.

Field of Use
This agreement is for the continued development of applications utilizing bulk metallic glasses.   The Field shall mean all fields of use except as described in the Field of Use Restrictions.  The Field shall exclude the following products and fields of use:

—  Any Consumer Electronic Products
—  Any watches or components for watches, and,
—  Finished or semi-finished Jewelry, and also any other products that are sold under the name of a Luxury Brand or incorporated into products that are sold under the name of a Luxury Brand,.

IPSCIO Record ID: 3732

License Grant
Licensor of British Isles hereby grants to Licensee of South Korea an exclusive royalty-bearing, non-transferable license under the Licensed Technical Information to make, offer to sell, and export Licensed Products in the Field of Use and subject to the Field of Use Restrictions. This license shall not include the right to grant sublicenses.
License Property
Licensor is engaged in the business of developing, manufacturing, and marketing products made from Amorphous Alloys (as defined herein).  Licensor has certain patents, trade secrets, know how and technical information pertaining to the composition, processing, properties, and applications of Amorphous Alloys.  Licensee desires to license from Licensor certain patents, trade secrets, know how and technical information for the limited purpose of producing certain licensed products within a specified field of use, subject to the terms and conditions of this Agreement.

Amorphous Alloy means any one or more amorphous or semi-amorphous alloys (i.e., metal-based alloys having a noncrystalline atomic structure in whole or in part) or bulk metallic glasses (or composite materials containing amorphous alloys or bulk metallic glasses).

The term Amorphous Alloy includes, but is not limited to, any and all alloys that now or in the future are proprietary to Licensor, including by in-licensing, or marketed or sold under the Liquidmetal® brand (collectively, Liquidmental Alloys or Liquidmetal® Alloys).

Trademark shall mean the Liquidmetal® mark.

The Licensor entered into a transaction with the Licensee, a South Korean corporation, under which the Licensee agreed to purchase from the Licensor various equipment (including die casting machines and vacuum induction melters) used in the bulk amorphous alloy business segment and the Licensor granted a 10-year exclusive License to manufacture products made from bulk Liquidmetal alloys for customers whose principal headquarters or whose major operations are located in South Korea.  The Licensor is a materials technology company that develops and commercializes products made from amorphous alloys. Their Liquidmetal® family of alloys consists of a variety of proprietary coatings, powders, bulk alloys, and composites that utilize the advantages offered by amorphous alloy technology.  

5,288,344

08/044,814

Be Containing Alloys (Compositon)
5,368,659

08/198,873

Be Containing Alloys (Method)
5 482 580

08/258,766

Joining Using Bulk Alloys

5 567 251

08/417,749

Composites of Bulk Alloy (Method)
5 711 363

08/602,899

Die-Casting of Bulk Alloys

5 797 443

08/720,483

Casting of Zr-base Bulk Alloys

5 866 254

08/732,546

Composites of Bulk Alloy (Article)
5 896 642

08/683,319

Die-Forming (Molding) of Bulk Alloys
5 950 704

08/683,320

Replication with Bulk Alloys

6,021,840

09/012,347

Vacuum Die-Casting

Field of Use
Field of Use shall mean the sale of Licensed Products to companies whose principal headquarters are located in Korea or whose major operations are located in the Republic of Korea.

IPSCIO Record ID: 1018

License Grant
For the term of this Agreement, Licensor grants Licensee the right to use the purchased machines to die cast auto parts from Licensor's alloys for sale to Licensee's customers who are located in the Republic of Korea, provided that such die casting may only be performed in Korea.
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.