ASSIGNMENT
In consideration of Ten Dollars ($10.00) and other valuable consideration,
of which we acknowledge receipt, we, EL-XXXXXX XXXXX EL-XXXXXXX, of 0000 Xxxx
Xxxx Xxxxxx, Xxxxxxx, Xxxxxxx 00000, and XXXXX X. XXXXXXX, of 0000 X. Xx Xxxxxx
Xxxx, Xx. 000, Xxxxxxxxx, XX 00000, (the Inventors) hereby sell, and assign,
subject to the conditions set forth below, to NATIONAL SCIENTIFIC CORP., having
offices at 0000 X. Xxxxxxxxx Xxxx, Xxxxx X000, Xxxxxxx, Xxxxxxx 00000, its
successors and assigns, the entire right, title and interest in and to the
improvements of STATIC MEMORY CELL WITH LOAD CIRCUIT USING A TUNNEL DIODE, (the
Invention) invented by us, as described in the application for United States
Patent Application Serial No. 08/991,966 filed 17 December 1997 (M&G Docket
Number 2238-040), and any and all applications for patent and patents therefor
in any and all countries, including all divisions, reissues, continuations and
extensions thereof, and all rights of priority resulting from the filing of said
United States application, and authorize and request any official whose duty it
is to issue patents, to issue any patent on said improvements or resulting
therefrom to said NATIONAL SCIENTIFIC CORP., or its successors or assigns and
agree that on request and without further consideration, but at the expense of
NATIONAL SCIENTIFIC CORP., we will communicate to said NATIONAL SCIENTIFIC
CORP., or its representatives or nominees, any facts known to us respecting said
improvements and testify in any legal proceeding, sign all lawful papers,
execute all divisional, continuing and reissue applications, make all rightful
oaths and generally do everything possible to aid NATIONAL SCIENTIFIC CORP., its
successors, assigns and nominees, to obtain and enforce proper patent protection
for said invention in all countries. The above-discussed conditions are as
follows: a) that NATIONAL SCIENTIFIC CORP. pay all costs related to United
States filing, prosecution, issuance, and maintenance of United States Patent
Application Serial No. 08/991,966, b) that NATIONAL SCIENTIFIC CORP. pay all
consulting fees owed to the inventors with respect to the Invention, c) that
NATIONAL SCIENTIFIC CORP. pay 1% of all gross sales related to the Invention to
EL-XXXXXX XXXXX
ASSIGNMENT
S/N: 08/991,966
Page: 2
EL-SHARAWY, d) that NATIONAL SCIENTIFIC CORP. pay 1% of all gross sales related
to the Invention to XXXXX X. XXXXXXX, e) that NATIONAL SCIENTIFIC CORP. actively
develop and market the Invention, and f) that NATIONAL SCIENTIFIC CORP. remain
solvent as evidenced by refraining from filing for bankruptcy under U.S.
Bankruptcy law. Should any of the above-discussed conditions fail to be met,
then this Assignment shall be deemed void AB INITIO. The Inventors covenant with
said NATIONAL SCIENTIFIC CORP., its successors and assigns, that the rights and
property hereby covered are free and clear of any encumbrances, and that they
have full right to convey the same as herein expressed.
4/2/98 /s/ Xxx Xxxx
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DATE Xxx Xxxx
Chairman and C.E.O.
NATIONAL SCIENTIFIC CORP.
STATE OF ARIZONA )
) ss
County of Maricopa )
On this 2 day of April 1998, before me, the undersigned, personally
appeared Xxx Xxxx, known to me to be the person whose name is subscribed to the
within instrument, and acknowledged to me that he executed the foregoing
instrument for the purposes therein contained.
IN WITNESS WHEREOF, We have set my hand and official seal.
/s/ Xxxxxx X. Xxxxxxx Xx.
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[NOTARY SEAL] NOTARY PUBLIC
ASSIGNMENT
S/N: 08/991,966
Page: 3
4/16/98 /s/ El-Xxxxxx Xxxxx El-Xxxxxxx
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DATE EL-XXXXXX XXXXX EL-XXXXXXX
STATE OF ARIZONA )
) ss
County of Maricopa )
On this 16th day of April 1998, before me, the undersigned, personally
appeared EL-XXXXXX XXXXX EL-XXXXXXX, known to me to be the person whose name is
subscribed to the within instrument, and acknowledged to me that he executed the
foregoing instrument for the purposes therein contained.
IN WITNESS WHEREOF, We have set my hand and official seal.
/s/ Xxxx X. Xxxxxx
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[NOTARY SEAL] NOTARY PUBLIC
4/27/98 /s/ Xxxxx X. Xxxxxxx
------- ----------------------------------------
DATE XXXXX X. XXXXXXX
STATE OF California )
) ss
County of Santa Xxxxx )
On this 27th day of April 1998, before me, the undersigned, personally
appeared XXXXX X. XXXXXXX, known to me to be the person whose name is subscribed
to the within instrument, and acknowledged to me that he executed the foregoing
instrument for the purposes therein contained.
IN WITNESS WHEREOF, We have set my hand and official seal.
/s/ Xxx X. Xxxx
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[NOTARY SEAL] NOTARY PUBLIC
