Royalty Report: Energy & Environment, Environmental Control, Recycling – Collection: 7286

$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 & Environment
  • Environmental Control
  • Recycling
  • Waste Treatment
  • Energy Resources & Svcs
  • Alternative and Renewable Energy
  • Water Treatment
  • Plastics & Rubber
  • Petroleum Refining
  • Remediation
  • Oil & Gas Extraction
  • Material Composite
  • Chemicals
  • Petrochemicals

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: 7286

License Grant
The Licensor entered into a Sub-License Agreement with the Sub-Licensee, to grant exclusive rights to sub-License, establish joint ventures to commercialize, use and process organic waste, and sell related by-products for a period of 25 years in the state of Johore, Malaysia.
License Property
The Sub-Licensee is entitled to purchase the QI System (one treatment application – used tires) for a fixed price of $ 400,000 for a period of 25 years.

The Agreement with the Sub-Licensee is an arms-length transaction. Our business objective is to License the QI System through qualified interests and establishing waste conversion operations through joint ventures.

Field of Use
The QI System is designed to handle commonly generated waste stream, whether liquid, solid, mixed or unmixed (including whole tires, all types of plastics, e-waste, shredder residues, sewage sludge, animal wastes, biomass, ligneous and infectious biohazard medical waste) and represent an environmentally friendly and commercially viable alternative to traditional methods of processing waste. The solutions are commercially viable ecological recycling models based on zero-waste philosophy. The initial focus will be on using the application for processing waste tires for conversion to biochar and fuel oil.

IPSCIO Record ID: 7161

License Grant
The Licensee entered into a Licensing Agreement with the Licensor, a manufacturer of the Licensor's System.  The Licensee will have exclusive rights to sub-License, establish joint ventures to commercialize, use and process organic waste, and sell related by-products.

The Licensee has the option of obtaining exclusive License rights in other states and federal territories in Malaysia with License fees varying with each state and territory.  The Agreement was an arms-length transaction.

License Property
The Licensor's System is designed to handle commonly generated waste stream, whether liquid, solid, mixed or unmixed (including whole tires, all types of plastics, e-waste, shredder residues, sewage sludge, animal wastes, biomass, ligneous and infectious biohazard medical waste) and represent an environmentally friendly and commercially viable alternative to traditional methods of processing waste. The solutions are commercially viable ecological recycling models based on zero-waste philosophy.
Field of Use
The Licensee will initially be focused on using the application for processing waste tires for conversion to biochar and fuel oil.

IPSCIO Record ID: 7144

License Grant
The Company entered into a Licensing Agreement with the Licensor for exclusive licensing rights for technology relating to the processing of organic waste to marketable by-products via the Advanced Pyrolysis System 200 (“APS200”).
The Company will have exclusive rights to sub-license, establish joint ventures to commercialize, use and process organic waste, and sell related by-products in the territory of Jamaica, WI.
License Property
Pyrolysis Decomposition brought about by high temperatures.

The APS200 system is designed to handle commonly generated waste stream, whether liquid, solid, mixed or unmixed (including whole tires, all types of plastics, e-waste, shredder residues, sewage sludge, animal wastes, biomass, ligneous and infectious biohazard medical waste) and represent an environmentally friendly and commercially viable alternative to traditional methods of processing waste. The solutions are commercially viable ecological recycling models based on zero-waste philosophy. We will initially be focused on using the application for processing waste tires for conversion to biochar and fuel oil.

IPSCIO Record ID: 4336

License Grant
The Licensee entered into a Licensing Agreement with the Licensor for exclusive licensing rights for technology relating to the processing of organic waste to marketable byproducts via the Advanced Pyrolysis System 200 (APS200).

The Licensee will have exclusive rights to sub-License, establish joint ventures to commercialize, use and process organic waste, and sell related byproducts in the territory of the Bahamas, Dominican Republic, St., Thomas, St. Maarten, and Grenada for 20 years.

License Property
The APS200 system is designed to handle commonly generated waste stream, whether liquid, solid, mixed or unmixed (including whole tires, all types of plastics, e-waste, shredder residues, sewage sludge, animal wastes, biomass, ligneous and infectious biohazard medical waste) and represent an environmentally friendly and commercially viable alternative to traditional methods of processing waste. The solutions are commercially viable ecological recycling models based on zero-waste philosophy. We will initially be focused on using the application for processing waste tires for conversion to biochar and fuel oil.

IPSCIO Record ID: 6485

License Grant
The Agreement further provides Licensee and its affiliates, the right at Licensee's option to become an operator of certain Licensor waste to energy plants as well as a distributor, on the condition that should Licensee or any of its affiliates elect to become an operator of one or more Licensor waste to energy system plants

The Licensee was appointed as exclusive distributor for the Licensor's waste to energy systems in North America, provided however, the Licensor, or its affiliated companies shall be entitled to establish their own or joint venture with third parties up to 10 waste to energy system plants in the territory.

License Property
The “QES Systems” is a non polluting energy conversion and waste disposal system designed to convert organic waste to fuel and valuable by-products such as activated carbon, fertilizer, producing no measurable air pollution or ash to be land filled.

IPSCIO Record ID: 6109

License Grant
Licensee is granted an exclusive License, in the United States of America, by the Licensor to use the Technology for commercial purposes – related to the recycling, processing, collection, storage, disposal, treatment, utilization or reduction of waste, including Municipal Solid Waste (MSW’’), or waste components or the conversion of the cellulosic biomass product to fuels, chemicals, or other materials or other uses of cellulosic biomass product for the production of energy or otherwise.
License Property
The technology refers to certain proprietary intellectual property, patented processes, and patent pending processes for the volume reduction, separation, recovery, and recycling of various components of waste materials, including without limitation, Municipal Solid Waste (“MSW”), which technology has been reduced to United States Patent No. 6,306,248 (the “U.S. Patent”) and Patent Cooperation Treaty, International Application No, PCT/USO1/50049 (the “PCT”) (collectively, the “UAH Technology”).
Field of Use
The Licensee may utilize the Technology to construct and operate commercial scale MSW processing and recycling facilities in the United States of America in which the cellulosic biomass product of the process Technology is used specifically for the production of fuel grade ethanol.

IPSCIO Record ID: 4391

License Grant
The Licensor shall grant the Israeli JVCO exclusive right and license to use their entire data, know how, proprietary information, intellectual property rights and assign commercial contracts (including license agreements) (if any) and any other rights resulting from past activities based on KDV (+)500 System.

The Parties are both interested in exploring the potential in the KDV technology, are looking to cooperate in locating potential markets, and establish long term relationship to bring the technology to its utmost potential.

Whereas the Parties decided that upon successful development of the KDV 150 technology they wish to market, produce, operate and maintain the KDV technology together by entering into a long term cooperation relationship via the formation of a joint venture company.

License Property
The Licensor shall also provide business development services for KDV (+)500 System.

The Licensor has license to certain KDV technology. Licensor shall also provide business development services for KDV (+)500 System.

KDV Technology shall mean catalytic conversion technology of hydrocarbon into fuel, a renewable diesel technology to convert municipal solid waste, organic materials, sludge and other hydrocarbon materials to diesel oil, including all Improvements to such technology made or acquired from time to time, including Intellectual Property, Systems, the formulation of catalysts used in Systems and all related materials and information.

KDV 150 System shall mean a System capable of producing a minimum of 150 liters of diesel oil per hour.

Field of Use
Licensee is one of the leading Israeli defense systems' house, known for its cutting edge technologies, products and solutions and is interested in assigning its technical experience to assist in the development of a KDV system.

IPSCIO Record ID: 5724

License Grant
Licensor hereby grants to the Licensee a Non-Exclusive (except as otherwise limited herein) license to the Invention, the Patent Rights (including any Foreign Patent Rights), now held or hereafter acquired, to develop, invent, make or have made, use, promote, distribute, sell and sub-license the Invention, and to use and sub-license the Invention, the Patent Rights and the technology and inventions inherent therein for Licensee Applications involving the Licensee Wastes and By-Products set forth above within the Territory defined below; provided, however, that Licensee may only sublicense the Invention and Patent Rights and the technology and inventions inherent therein to Licensee portfolio companies and affiliates and only for so long as they remain portfolio companies and affiliates Hereinafter the foregoing grant license, taken in conjunction with the grant in Section 2(b) below, is referred to as the License.  Licensor has invented new patented and patent-pending implementations of a vapor compression water distillate process and a new Clean Water Appliance (collectively, the Invention), with possible applications in activities relating to the Licensee Applications, as such term is hereinafter defined.
License Property
Licensee Wastes and By-Products
•
Hazardous Wastes. Wastes that are hazardous or otherwise harmful to human and animal health and the environment, including medical or other biologically active wastes;
•
Brownfield Wastes. Wastes that derive from environmentally impaired real property, including fixtures on or any appurtenances to such property;
•
Municipal Solid Wastes. Wastes that derive from the centralized processing, storage, disposal and/or incineration of by-products, garbage, trash or other discarded materials;
•
Human Waste. Wastes that derive from the centralized processing of sewage at municipal or other sewage treatment plants;
•
Agricultural Waste. Wastes that derive from farming activities, including the production of crops and raising livestock, and including septic wastes and other wastewaters deriving from livestock and meat processing;
•
Food Service Waste. Wastes that derive from the preparation of food and other related activity at establishments that prepare and/or serve food;
•
Mining Wastes. Wastes that are or derive from mining activity, mining tailings and/or acid mine drainage.
Field of Use
The rights granted apply to wastes and by-products.

IPSCIO Record ID: 971

License Grant
The Licensee has been granted a License by the Licensor, reestablishing the research and development parameters through which the Licensor operates to advance the Licensee's technology in the waste recycling industry.  It is hoped that the continued affiliation between the Company and Adherent will generate a continual stream of new applications for Licensee’s technology in the future.
Field of Use
The Field of Use relate to the waste recycling industry.

IPSCIO Record ID: 3751

License Grant
The Licensee entered into an exclusive License with the Licensor to use their technology (Patent No. 5,411,594) to convert cellulosic biomass into fuel grade ethanol in the United States.  This Agreement was amended in November 2005 to extend the initial evaluation period for the technology.
License Property
If such a Municipal Solid Waste & Green Waste to Fuel Ethanol Project is not initiated within three (3) years of the date of this Agreement, the Exclusive Right will be automatically dropped to Non-Exclusive.  Licensee and/or its Designated Affiliates shall have the Non Exclusive Right to utilize the Licensed Products and Know How for processing biomass feedstock applications including but not limited to Sugar Cane Bagasse (SCB), High Fiber Cane (HFC), and Forestry Product (FP) feed-stocks in all United States territories.

On August 30, 2007, the Licensor acknowledged that the Licensee has met all requirements to maintain the exclusivity of its License. The Licensor may terminate the License Agreement on sixty days’ notice if the Licensee fails to make any payment due under this License Agreement.

Field of Use
The technology relates to processing Municipal Solid Waste and Green Waste.

IPSCIO Record ID: 29279

License Grant
Licensor hereby grants to Licensee the exclusive, worldwide right and license to commercialize, use and exploit the Inventions for any purpose whatsoever, whether in recycling tires or in other commercial activities; to practice the processes of recycling tires through the use of proprietary technology utilizing wavelength specific microwaves and sub atmosphere vacuum chambers; to make, assemble, and use apparatus, machinery, auxiliaries, and all devices for carrying such Inventions and processes into practice; and to make, use, sell, or dispose of the products of such processes and apparatus, machinery, auxiliaries, and devices.

IPSCIO Record ID: 4489

License Grant
The Licensor will hereby grant to the Irish Licensee the exclusive rights to the waste to oil process in the territories as so set forth. The Licensee has the obligation to install and operate a defined number of plants over a period of time in the territories.
The Licensor will grant the Licensee the rights to the Process for a period of 20 years effective the date of signature by both parties. The parties agree to negotiate in good faith for a renewal of an additional 20 years by specific territory and the specific implementation of the process.
License Property
The Licensor is an energy and technology company with the primary focus on generating fuel from waste plastic and rubber material. The Licensor has developed and owns a process that converts certain waste material into high-grade oil and other by-products, specifically steel, carbon and syngas.

The Process System consists of pre-processing equipment, two oil conversion systems, two secondary distillation systems, two chloride removal systems and associated storage containers. A Plant is defined as an operating facility consisting of two such Systems.

Twin Reactor Pyrolysis Converting System (GETH Process)
Process description over view
The tires and plastic to oil process is composed of a combination of three processes that have been placed in line so that they operate as one complete system. These processes will be further described throughout the narrative. The first system is the Pyrolysis Induction system. This converts tire and plastic feedstock into sweet crude oil. The second system is what is called a secondary distillation process. This equipment is directly hooked up to the Pyrolysis converter and flows oil into a secondary reactor, then through the distillation process to further refine the oil. This is accomplished by running the oil through a secondary heat signature. The last piece of equipment is the Catalyst filtration system. The oil is directly hooked up to this system; the oil is re-heated to 500 deg F and is then processed through a catalyst media that removes any residual organic chloride. From here the oil is moved into the finished product storage vessels.

Pyrolysis System
Equipment Description
The Twin Reactor system consists of two rotational reactor chambers that are operated via an Electrical Heated Induction process. Each reactor is operated independently. The system is controlled by a semi-computerized process controller that monitors heat at three different zones on the reactor. As the feed stock material temperature rises it turns into a vaporous gas, which in turn moves through a separation chamber. At the separation chamber there are four specific activities that take place. The first stage of feed stock vaporization. This takes place around 700 deg F. Oil that is heavier than air is released to a contained reservoir that stores the heavy oil; the second stage “light oil” is fully vaporized and is moved to the condensing vessels where it turns into light sweet crude oil. The third and last by product that is emitted from the separator is carbon black that is released through a valve gate at the bottom of the separator. The carbon black goes into a contained storage vessel, which is sealed so that the carbon black is fully captured without it becoming air borne. Once the gases are fully vaporized and condensed into oil it is move onto the main storage vessel. The last by product is residual gases that are processed through a filtration process to clean in residual carbon; the gas is then compressed into LPG storage vessels.The entire process is a closed loop system that contains and processes vapor’s and gases throughout the entire process. At no time are there any gases or vapors emitted into the atmosphere. The reactor chamber hatch is closed and sealed throughout the entire process cycle; it is only opened once all of the vapors and gases have been evacuated from the reactor chamber. There is a main check valve in place between the reactor and the separator that prevents any gases or vapors from flowing back into the reactor chamber. All the by-products are separated into their own specific storage vessels until they are shipped. All products will be shipped by certified transporters. The transporters have all the necessary pumps and valve systems to eliminate any vapors or emissions from being released into the atmosphere during tanker loading process.

IPSCIO Record ID: 5844

License Grant
Licensor hereby grants to the Korean Licensee the Exclusive, non-transferable right to use the Licensor' s Technology in the Territory for the Applications and more particularly with regard to the Patents and Know-How for the sale, operation and use of KDS Micronizing Machines for a period of fifteen years from the date of signing this Agreement subject to the terms and conditions set out herein. The Company owns a patented kinetic disintegration system (KDS).
License Property
The KDS is a machine that utilizes kinetic energy and standing sound waves to disintegrate various materials such as wood waste, animal waste, mineral rock, rubber, glass, and other industrial minerals into a dry, fine, talcum-like powder.
Field of Use
The goal of the Company is to develop commercially viable industrial applications for the KDS, then market, manufacture, and sell, lease and/or license the KDS. The Company's research and testing to date indicates that the best use for the equipment is found in converting biomass (wood waste) to a fine, dry combustible fuel that can be incinerated in specialized burners to create BTUs (heat energy), which, in turn can be converted to electrical power through conventional means. For the biomass, the critical value of the process is its ability to act as an industrial dryer which can extract water from wood at below boiling temperature, and at a significantly lower cost than through conventional methods.

The Company is also experimenting with pulp sludge, and believes that significant potential exists in converting waste pulp sludge to dry powder, then to energy which could be recycled back to significantly reduce energy costs, disposal costs, and environmental problems.

IPSCIO Record ID: 5129

License Grant
Licensor hold an exclusive worldwide license to certain pyrolytic carbon extraction technology, which is a technology used to convert solid hydrocarbon-based waste into a multi-use fuel in the form of a combustible gas while significantly reducing the waste volume.

The Licensor hereby grants to the Licensee the exclusive world-wide right and license to use, commercialize, and exploit the PCE and/or GWE Technology, including the right to sublicense.

License Property
Licensor is the possessor of rights and information related to PCE and other pyrolosys and carbon processing devices and other processes or systems, including, but not limited to, patent applications, inventions, inventive concepts, improvements, modifications, trade secrets, and/or know-how related to pyrolosys devices, processes or systems all of the aforesaid being hereinafter jointly referred to as the 'PCE and/or GWE Technology'.  

Pyrolytic Carbon Extraction, or 'PCE' is a  liquid and solid waste treatment processes, respectively, that produce combustible gases.  Pyrolytic carbon extraction technology, which is a technology used to convert solid hydrocarbon-based waste into a multi-use fuel in the form of a combustible gas while significantly reducing the waste volume.

Our Green Waste to Energy pyrolysis processor, or GWE, is a promising development project to process solid hydrocarbon-based waste and produces a multi-use fuel in the form of a combustible gas. The by-products we obtain through our GWE process may then be sold commercially. We believe that, because this process runs on its own by-products, there are no emissions and, therefore, no residue from combustion. In addition, the GWE is modular in its design and can handle a number of different waste streams simultaneously.

Field of Use
Licensee is a technology development company which for the past twelve months has been developing a pyrolytic carbon extraction 'PCE' technology for which there are now two patents pending and that the inventor of such devices has suffered a nervous breakdown making his continued involvement impossible. That the Licensee successfully demonstrated the PCE technology to include a 5 to 10-ton per day prototype PCE device and that the nervous breakdown of the inventor has mandated the Company complete the development of the PCE technology separate and apart from such patents pending.

IPSCIO Record ID: 7627

License Grant
The License is to commercialize any or all of its technologies which make inexpensive distillation columns for waste oil processing plants, and to produce low cost petroleum products from waste oil, plastic and tires and converts waste oil to diesel fuel.

IPSCIO Record ID: 26021

License Grant
The Licensee entered into a Licensing Agreement with the Licensor to License proprietary technology relating to converting municipal water to oxygen enriched pH balanced water.

The Licensee will have exclusive rights to sub-License, establish joint ventures and to commercialize products through the methods of the Water Conversion Technology.

License Property
The Water Conversion Technology is based on a method of 7 steps consisting of
(1) removal of dirt, sludge and other un-dissolved solids to less than one micron particle size,
(2) ozone is injected into the water to kill the bacteria and viruses and to coagulate the solids,
(3) water then goes through a carbon filtration system, whereby all the pesticides, herbicides, chlorine and other organic chemicals ( carcinogenic) are removed,
(4) water is subjected to UV lighting, enabling all pollutants to be destroyed,
(5) water then passes through a reverse osmosis system, enabling all chlorine and sodium and over 98% of all total dissolved solids (TDS) to be removed.
(6) water is processed through the Water Conversion Technology, where the water is pH balanced to a 8.3 state, without the addition of any substances,
(7) water is processed through the Water Conversion Technology, and oxygen molecules are bonded with the water molecules, making the water oxygen enriched for long periods of time.
Field of Use
The Licensee is obligated to establish water bottling operations by December 31, 2013.  In the event that the Licensee has not established operations by this date, the Licensor has a right to void the Agreement.

The final product produced will be water that is in a pH balanced state ( 8.3 pH ), oxygen enriched, bacteria free, fluoride free, chlorine free, and sodium free with less than 2 parts per million (ppm) of total dissolved solids.

The water will be piped into sterilized non-­leaching plastic and capped with sterile caps.

IPSCIO Record ID: 192398

License Grant
The Company  granted  tire  recycling license  rights, known as TRTM, for Europe,  Australia,  New Zealand,  and South Africa to an undisclosed company.
License Property
The TRTM recycling  technology involves shredding the feed waste using conventional equipment.  The Titan technology utilizes pyrolysis to recycle tires and other scrap material.

The TRTM process is a closed system and the only emissions are exhaust gases from clean-burning fuels (most of which are generated by the process itself) and a small amount of dirt and ash which is environmentally suitable for normal landfill. In fact, non-condensable gases recovered using TRTM technology provide the fuel to generate required process heat for pyrolysis.

The technology used to recover hydrocarbons, carbon and metals from electronic scrap and automobile fluff also utilizes pyrolysis to recover the hydrocarbons and carbon followed by other conventional processes to recover the metals.

The carbon black produced through TRTM pyrolysis consists of the various grades which went into manufacture of the tire. Because of the very fine physical composition of the material, it is not realistically practicable to separate the product by grade. In addition, carbon black produced through pyrolysis contains varying amounts of ash attributable to other minor materials used in manufacturing the tire.

The present invention relates to destructive distillation apparatus. More particularly, the present invention relates to discharge systems for apparatus useful in the destructive distillation of waste automobile tires.

Field of Use
This agreement is for the recycling industry.

IPSCIO Record ID: 6479

License Grant
The Seller transfers the Technologies and Assigned Rights including all modifications, enhancements and improvements to the Technologies and to sell, transfer and assign all his right title and interest in the Technologies and the Assigned Rights including the engineering and design drawings, studies and reports and all information relating to the Technologies and the Assigned Rights, whether written or oral and related Technologies including the past, present and future versions of software, computer programs, data and text and all patent rights, copyrights, trade secret rights and other proprietary rights in and thereto including all documentation for the Software, all technical documentation, system designs and specifications, flow charts, record and file layouts, memoranda, correspondence and other such documentation containing or relating to the design, structure or coding or testing of, or algorithms or routines used in, or errors discovered or corrected in, the software and any other type of information or material relating to the software that was prepared by or for the Inventor and the Buyer desires to purchase and acquire all the Seller’s right, title and interest in the Technologies and the Assigned Rights and related technologies, the trademarks and service marks set forth herein on an “as is basis” and to further develop and commercialize the Technologies and the Assigned Rights herein sold by the Seller and all research, developments, engineering and design drawings and specifications, software studies and reports and all information whether oral or written of the Inventor free and clear of all liens, charges and encumbrances.
License Property
The Seller acquired from the Inventor, equipment and software for a leading edge pyrolysis system which is a non polluting energy conversion and waste disposal system designed to convert organic waste to fuel and valuable by-products such as activated carbon, fertilizer, producing no air pollution or ash to be land filled. It is designed to answer the global challenge of waste management of MSW (Municipal Solid Waste), which includes petrochemical compounds such as plastic waste, green waste, coal and tires while providing high recycled-content products and usable forms of power, called Energy Conversion and Waste Disposal Technology.

Acquired Technologies consist of equipment and software for pyrolysis systems consisting of ECS 2000S and ECS Mobile Systems which is a non polluting energy conversion and waste disposal system designed to convert organic waste to fuel and valuable by-products such as activated carbon, fertilizer, producing no air pollution or ash to be land filled. The Systems are modular in design and fit into a 42 ft container built to fit on a conventional tractor trailer unit.

Field of Use
The Licensee intends to construct Systems using the Acquired Technologies for use in commercial operations and will also outright sell the Systems.

IPSCIO Record ID: 25802

License Grant
Licensor, a Canadian company hereby grants to Licensee, a US company, an exclusive license to use the Licensor Technology for the construction and operation of the Licensed Plant and to use the Patents and Licensed Marks solely for the operation of the Licensed Plant during the Term and for no other times and for no other purposes, all in accordance with the terms and conditions of this Agreement.
License Property
Licensor is the owner of secret and proprietary technology known as the Enhanced Autogenous Thermophylic Aerobic Digestion process (EATAD) for the construction and operation of plants for the conversion of biodegradable plant, animal and waste products, using organic food waste materials and manures as feed stock and using a bacteria culture developed to produce a solid and liquid biological fertilizer for agricultural applications. Licensor also owns detailed plans for constructing and operating a facility to process commercial volumes of organic waste using the EATAD process.
Field of Use
Licensee wishes to obtain the right to construct and operate an Licensor Plant with a Capacity of 440 tons per day, which Licensor Plant will be constructed in the Borough of the Bronx, New York.

The exclusive rights granted apply for the conversion of biodegradable plant, animal and waste products for agricultural applications.

IPSCIO Record ID: 29020

License Grant
The Licensor entered into a Business and Royalty Agreement with the Licensee for various rights to the extent such rights are currently held or hereafter held by the Licensor, for the use, practice, and improving of a technology for the conversion of waste materials containing hydrocarbons into diesel oil.
License Property
Subject to the Licensor's prior written approval and under certain conditions, the Licensee shall be allowed to pursue specified small scale projects utilizing the Technology with household waste, initiated and developed by the Licensor in certain areas in the US.
Field of Use
The Licensee shall have the right to participate in any such project (invest 65% of the equity and fund 65% of the development costs).   The rights granted apply to waste materials.
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