ASSIGNMENT OF PATENT. Upon the formation and organization (or designation) of New co pursuant to the terms and conditions of Section 5.07 hereof, Medvend Holdings shall ensure that Newco shall have any and all exclusive legal and beneficial rights to Patent # US7689318B2 as it relates to manufacturing and distribution purposes of the Business (the "Assignment of Patent"). The parties intend that the Assignment of Patent shall be made in a tax-free manner to the Sellers and other equity holders of Medvend Holdings.
ASSIGNMENT OF PATENT. For good and valuable consideration, receipt of which is hereby acknowledged, the undersigned DATA-DISK TECHNOLOGY, INC., a Delaware corporation ("Assignor") hereby assigns to UNITED COMMUNICATOS HUB, INC., a California corporation ("Assignee") all right, title and interest in and to letters of patent of the United States No. 5,731,629 dated March 24, 1998 issued to Lloyd Harold Woodward xxx xxxxxxxx xx Xxxxxnor for "personal memory devices carried by an individual which can be read and written to." Executed on March 13, 2002. -- DATA-DISK TECHNOLOGY, INC., A Delaware Corporation By: /s/ Thomas Francis Clark ------------------------------------- Tom Clark, CEO [Attach Acknowledgement of Notary Public] ---------------------------------------- /s/ illegible Commission expires 12/31/03
ASSIGNMENT OF PATENT. 2.1 Assignor guarantees to have the Patents assigned to Assignee under the terms and conditions of this Agreement.
ASSIGNMENT OF PATENT. In consideration of the payment by ASSIGNEE to ASSIGNOR of the sum of One Dollar ($1.00), the receipt of which is hereby acknowledged, and for other good and valuable consideration, ASSIGNOR: HYFUELS, INC. 30000 X X. Xxx. 00 Xxxxx, #000 Pxxx Xxxxxx, Xxxxxxx 00000 State or Country of Formation: Florida, US hereby sells, assigns and transfers to ASSIGNEE: MAGNEGAS CORPORATION 100 Xxxxxxxxx Xxxx Tarpon Springs, Florida 34689 State or Country of Formation: Delaware, US and the successors, assigns and legal representatives of the ASSIGNEE the entire right, title and interest for the United States and its territorial possessions and in all foreign countries, including all rights to claim priority, in and to any and all improvements which are disclosed in the invention entitled:
ASSIGNMENT OF PATENT. On the Closing Date, the Seller hereby sells, assigns, transfers, and conveys to the Buyer all right, title, and interest in and to the Patent. The Seller understands and acknowledges that if the Patent is assigned to the Seller’s affiliates or subsidiaries, the Seller may be required prior to the Closing Date to perform certain actions to establish that the Seller is the assignee and to record such assignments. Prior to the Closing Date, the Seller will deliver to the Buyer a transmitted Copy of the Patent Assignment Agreement. As of the Closing Date, the Seller will cause the Seller’s agent to promptly transmit evidence to the Buyer of the filing of a request for recordation with the U.S. Patent Office of the Patent Assignment Agreement in the form set forth in Exhibit A.
ASSIGNMENT OF PATENT. 1.1 The Trustee shall execute and deliver to STWA an assignment of all his right title and interest in and to the Patent in the form attached hereto in item 1 of the Schedule.
ASSIGNMENT OF PATENT. In consideration of good and valuable consideration paid to Treesa Spencer ("Assignor"), by Xxxxxx Xxxxxxx Corporation, a Dexxxxxx corporation ("Assignee"), the receipt whereof is hereby acknowledged, the undersigned Assignor by these presents hereby sells, assigns, transfers, and sets over unto the said Assignee the entire right, title, and interest in and to the invention or improvement of those certain patents, said patents being fully described and/or claimed in the applications for Letters Patent referenced on Schedule A annexed hereto, and the entire right, title, and interest in and to the applications or Letters Patent, as the case may be, including all treaty and convention rights and the right to sue for present, past, and futuxx infringement, the same to be held and enjoyed by said Assignee, its successors, or other legal representatives, as fully and entirely as the same would have been held and enjoyed by the undersigned if this assignment and sale had not been made. And by this covenant the Assignor will execute or procure any further necessary assurance of title to said patents and Letters Patent; and at any time, upon the request and at the expense of said Assignee, will execute and deliver any and all papers that may be necessary or desirable to perfect the title to said patents or any Letters Patents which may be granted therefor in said Assignee, its successors, assigns or other legal representatives, and, upon the request and at the expense of said Assignee, will execute any additional or divisional applications for patents, and for the reissue of any Letters Patents to be granted therefor, and will make all rightful oaths and do all lawful acts requisite for procuring the same or for aiding therein, without further compensation, but at the expense of said Assignee, its successors, assigns, or other legal representatives. And the Commissioner of Patents and Trademarks is hereby authorized and requested to issue any and all Letters Patent of the United States for said invention to said Assignee. ------------------- TREESA SPENCER STATE OF ) ) .SS COUNTY OF ) Before me this ___ day of May, 1997, personally appeared Treesa Spencer to me personally knxxx xx xx xxx xerson described in and who executed the above instrument, and acknowledged to me that she executed the same of her own free will for the purposes therein set forth. ------------------- Notary Public AFFIX SEAL SCHEDULE A
ASSIGNMENT OF PATENT. The Assignor hereby assign to Poly Shield Technologies all rights, title, interest, and ownership, with all rights of assignment, to the inventions, patents, patents pending, and any subsequent patents issued for, or in relation to, the specified Patent, to wit: European Patent and/or European Patent application, patent pending, filed by the Inventor on November 16, 2008, Application Number: WO2009065095A1, with a Publication Date of September 1, 2010, and a Publication Number of: EP2222381A1, entitled “SYSTÈME EN LIGNE DE DESSALEMENT DU CARBURANT SERVANT À ALIMENTER DES MOTEURS À TURBINE À GAZ” or in English translation “IN-LINE SYSTEM FOR DE-SALTING FUEL OIL SUPPLIED TO GAS TURBINE ENGINES”.
ASSIGNMENT OF PATENT. In the event ARDENT, prior to the end of the Revenue Period, ceases active efforts to develop or market the Dovetail Technology or products which incorporate such technology, it shall forthwith notify the Representatives and assign all rights to U.S. Patent number 5,727,158 (the "Patent"), together with the associated source code in the form existing on the date of such transfer, to such person or entity as may be designated in writing by the Representative. ARDENT shall not, directly or indirectly, retain any license or other interest therein, provided that any licenses or sublicenses thereto previously granted to users of ARDENT products (other than affiliates of ARDENT) shall remain in full force and effect. ARDENT acknowledges that, in the event of any such assignment, the Patent and associated source code has a de minimis value and, accordingly, ARDENT shall report the value thereof at not more than $10,000 for federal and state tax purposes. ARDENT shall not, following the Closing until the earlier of such assignment and the end of the Revenue Period, sell, license, assign, encumber or otherwise grant or transfer any interest in the Patent (including the associated source code as it exists from time to time) other than (i) to the designee of the Representatives in accordance herewith, (ii) in connection with a pledge of all or substantially all its assets to secure the repayment of monies borrowed in the ordinary course of business from institutional lenders, (iii) in connection with non-exclusive licenses to customers in the ordinary course of business and not constituting a disposition of all or substantially all the Dovetail Technology, (iv) pursuant to the following sentence, or (v) with the prior written consent of the Representatives, which shall not be unreasonably withheld. Notwithstanding the foregoing, ARDENT may transfer the Dovetail
ASSIGNMENT OF PATENT. Assignors hereby assign, sell and transfer exclusive to Cardiac all of the right, title, and interest in and to United States Patent 4,576,170 and any continuations, continuations in part, divisional, reexaminations, reissues, or foreign counterparts or equivalents thereof (the "Patent"), to be held and enjoyed by Cardiac for its own use and by its legal representatives, successors and assigns to the full extent and for the entire term for which the Patent is granted, including the right to xxx and collect damages and other relief for infringement thereof including prior infringement with no obligation or duty to account for Assignors for any recovery thereby.
