Royalty Report: Security, Telecommunications Equip, Telecommunications Svcs & Equip – Collection: 29328

License Grant

On November 1st, 2009, Licensor re-assigned all the SOS patents to Licensee, co-founder of the Licensor,  in exchange for a royalty of the net proceeds, if any, derived from the SOS technology.

On September 15, 2009, Licensee sold all right, title, and interest in all the SOS Patents to the Licensor in return for $95,000, resulting in a gain from assignment of patents of $95,000.

License Property

The present invention is in the field of support for electrical computers and digital processing systems. More specifically, the present invention relates to security software and processes for protecting a personal-type computer system's hardware, software and data from destruction, unauthorized modification or unauthorized access due to malicious computer code derived from an external data source.

Field of Use

Licensee is an enterprise and home user network and data security development company formed to capitalize upon the growing need for a modern, reliable, efficient, effective and proactive network and data security solutions.

License Grant

The Assets to be acquired and purchase price to be paid by Buyer are as follows Buyer shall acquire a perpetual and exclusive license to all of Seller's right, title and interest in and to (i) U.S. Patent No. 7,146,640, (ii) U.S. Patent No. 7,281,266, (iii) U.S. Patent No. 7,690,033, (iv) European Patent No. 04700074.0, (v) exoDetectâ„¢; (vi) exoWatchâ„¢, and (vii) all intellectual property, technical documents, peripherals, business plans, contracts and other assets related to the foregoing, free and clear of all liens and encumbrances except as otherwise expressly set forth herein ('Assets').

License Grant

Licensors hereby grant to Licensee and its Affiliates a worldwide, nonexclusive, nontransferable and royalty-bearing license under the Essential Claims of the Licensed Patents, to make, have made, Sell, offer for Sale, import, export and use Licensed Products within the Field of Use on or after the Release Date.

License Property

Alleged patents infringement is related to multiple essential wireless mesh.

Licensed Patents – shall mean the patents and patent applications listed attached hereto, as well as any other patents and patent applications that are or become owned, controlled or licensable by Licensors at any time on or after the Effective Date, including, without limitation, continuations, continuations-in-part, divisionals, reissues, and reexamined patents of the patents and patent applications listed, and all patents and patent applications (including foreign counterparts) claiming priority directly or indirectly therefrom, or from which any such patent or patent application claims priority directly or indirectly.
5,714,931 – Personalized security system
5,926,531 – Transmitter for accessing pay-type telephones
6,028,522 – System for monitoring the light level around an ATM

Licensed Product – shall mean any Device, System Control Software and/or Remote Access Service within the Field of Use (whether branded or not) that, but for the rights and licenses granted hereunder, would, according to Licensors, infringe one or more Valid Claims of the Licensed Patents, either on its own or when used in a Network. Licensed Products shall include, notwithstanding any other provisions of this agreement, and without limitation, the products or services listed and any other Devices Sold by Licensee or its Affiliates as of or prior to the Effective Date. Subject to the foregoing and for the avoidance of doubt, Licensed Products shall not include any product, system control software, or service that is not capable of Wireless Multi-Hop Network communication, and where because such product, system control software, or service is not capable of infringing any Valid Claims of the Licensed Patents.

Devices – shall mean Nodes and/or Gateways; provided, however, that Devices shall not include components or subcomponents of Nodes or Gateways (including, but not limited to, chipsets, motherboards, semiconductors, antennae and/or modules designed for incorporation into another article), but instead shall only include substantially completed items designed for use by a Customer in the form in which such items are Sold by Licensee or its Affiliates.

As used herein, Essential Claims means those patent claims that, but for this Agreement and according to Licensors, would be directly infringed by Licensee or its Affiliates making, having made, Selling, offering for Sale, importing, exporting or using the particular Licensed Product in question within the Field of Use.

Field of Use

The devices are used for communicating and/or interfacing between or among networks, at least one of which is a Network, including any integrated firmware or software. Field of Use shall mean any field of use except Industrial Automation Products. Industrial Automation Products means robotic devices, computers, and control systems used in managing, monitoring and controlling equipment used in industrial processes.