Common use of Patents and Technology Clause in Contracts

Patents and Technology. The Company has acquired its technology from Safe Tech Medical Products Inc. and Xx. Xxxxxxx Xxxxxxx , the inventor. (subject to a $200,000 loan and security interest in favor of one of the Company's shareholders). The Company has no outstanding obligations to Safe Tech Medical Products Inc. and or Inventor, Xx. X. Haining whatsoever.

Appears in 2 contracts

Samples: Settlement Agreement (Retrac Medical Inc), Settlement Agreement (Retrac Medical Inc)

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Patents and Technology. The Company has acquired its technology from Safe Tech Medical Products Inc. and Xx. Xxxxxxx Xxxxxxx , the inventor. , (subject to a $200,000 loan and security interest in favor of one of the Company's shareholdersshareholder's). The Company has no outstanding obligations to Safe Tech Medical Products Inc. and or the Inventor, Xx. X. Haining Haining, whatsoever.

Appears in 1 contract

Samples: Securities Purchase Agreement (Retrac Medical Inc)

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Patents and Technology. The Company has acquired its technology from Safe Tech Medical Products Inc. and Xx. Xxxxxxx Xxxxxxx , the inventor. (subject inventor.(subject to a $200,000 loan and security interest in favor of one of the Company's shareholders). The Company has no outstanding obligations to Safe Tech Medical Products Inc. and or Inventor, Xx. X. Haining Mr. M Haiing whatsoever.

Appears in 1 contract

Samples: Settlement Agreement (Retrac Medical Inc)

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