INTELLECTUAL PROPERTY SECURITY AGREEMENT
Exhibit 10.2
INTELLECTUAL PROPERTY SECURITY AGREEMENT
This INTELLECTUAL PROPERTY SECURITY AGREEMENT, dated as of August 4, 2005, (the “Agreement”) between BRIDGE BANK, NATIONAL ASSOCIATION (“Lender”) and Tripath Technology Inc., (“Grantor”) is made with reference to the Business Financing Agreement, dated as of August 4, 2005 (as amended from time to time, the “Financing Agreement”), between Lender and Grantor. Terms defined in the Financing Agreement have the same meaning when used in this Agreement.
For good and valuable consideration, receipt of which is hereby acknowledged, Grantor hereby covenants and agrees as follows:
To secure the Obligations under the Financing Agreement, Grantor grants to Lender a security interest in all right, title, and interest of Grantor in any of the following, whether now existing or hereafter acquired or created in any and all of the following property (collectively, the “Intellectual Property Collateral”):
(a) copyright rights, copyright applications, copyright registrations and like protections in each work or authorship and derivative work thereof, whether published or unpublished and whether or not the same also constitutes a trade secret, now or hereafter existing, created, acquired or held (collectively, the “Copyrights”), including the Copyrights described in Exhibit A;
(b) trademark and servicemark rights, whether registered or not, applications to register and registrations of the same and like protections, and the entire goodwill of the business of Borrower connected with and symbolized by such trademarks (collectively, the “Trademarks”), including the Trademarks described in Exhibit B;
(c) patents, patent applications and like protections including without limitation improvements, divisions, continuations, renewals, reissues, extensions and continuations-in-part of the same (collectively, the “Patents”), including the Patents described in Exhibit C;
(d) mask work or similar rights available for the protection of semiconductor chips or other products (collectively, the “Mask Works”);
(e) trade secrets, and any and all intellectual property rights in computer software and computer software products;
(f) design rights;
(g) claims for damages by way of past, present and future infringement of any of the rights included above, with the right, but not the obligation, to xxx for and collect such damages for said use or infringement of the intellectual property rights identified above;
(h) licenses or other rights to use any of the Copyrights, Patents, Trademarks, or Mask Works, and all license fees and royalties arising from such use to the extent permitted by such license or rights;
(i) amendments, renewals and extensions of any of the Copyrights, Trademarks, Patents, or Mask Works; and
(j) proceeds and products of the foregoing, including without limitation all payments under insurance or any indemnity or warranty payable in respect of any of the foregoing.
The rights and remedies of Lender with respect to the security interests granted hereunder are in addition to those set forth in the Financing Agreement, and those which are now or hereafter available to Lender as a matter of law or equity. Each right, power and remedy of Lender provided for herein or in the Financing Agreement, or now or hereafter existing at law or in equity shall be cumulative and concurrent and shall be in addition to every right, power or remedy provided for herein, and the exercise by Lender of any one or more of such rights, powers or remedies does not preclude the simultaneous or later exercise by Lender of any other rights, powers or remedies.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
| GRANTOR: | LENDER: | |||||
| TRIPATH TECHNOLOGY INC. | BRIDGE BANK, NATIONAL ASSOCIATION | |||||
| By: | /s/ Xx. Xxxx X. Xxxxxxxx |
By: | /s/ Xxxxxxx Xxxxxxxx | |||
| Name: | Xx. Xxxx X. Xxxxxxxx President and Chief Executive Officer, Chairman of the Board |
Name: | Xxxxxxx Xxxxxxxx | |||
| Title: | Vice President | |||||
| Address for Notices: | Address for Notices: | |
| Attn: Xxxxxxx X. Xxxxx | Attn: Xxx Xxxxxxx | |
| Vice President, Finance and Chief Financial Officer | 2120 El Camino Real | |
| 0000 Xxxxxxx Xxxxxxx | Xxxxx Xxxxx, XX 00000 | |
| Xxx Xxxx, XX 00000 | Tel: (000) 000-0000 | |
| Tel: (000) 000-0000 | Fax: (000) 000-0000 | |
| Fax: (000) 000-0000 | ||
EXHIBIT A
COPYRIGHTS
| Title: | A new technique for audio amplification and signal processing | |
| Claimant: | Xx Xxxx X. Xxxxxxxx | |
| Registered: | May 24, 1985 |
EXHIBIT B
TRADEMARKS
| Country |
Status |
Trademark |
Reg. No. | |||
| Canada | Abandoned | COMBINANT DIGITAL |
||||
| Canada | Abandoned | DESIGN (T) |
||||
| Canada | Abandoned | TRIPATH |
||||
| China | Registered | COMBINANT |
1513827 | |||
| China | Registered | COMBINANT |
0000000 | |||
| Xxxxx | Registered | DESIGN (T) |
1505735 | |||
| China | Registered | DESIGN (T) |
1436813 | |||
| China | Registered | TRIPATH |
0000000 | |||
| Xxxxx | Abandoned | TRIPATH TECHNOLOGY |
||||
| China | Abandoned | TRIPATH TECHNOLOGY |
||||
| China | Aband Inst | TRIPATH TECHNOLOGY |
1538082 | |||
| European Community | Regd-DNR | COMBINANT DIGITAL |
1089366 | |||
| European Community | Registered | DESIGN (T) |
001089663 | |||
| European Community | Registered | TRIPATH |
1812890 | |||
| European Community | Registered | TRIPATH TECHNOLOGY |
1089028 | |||
| Hong Kong | Regd-DNR | COMBINANT DIGITAL |
2011/2001 | |||
| Hong Kong | Abandoned | COMBINANT DIGITAL |
||||
| Hong Kong | Renewed | DESIGN (T) |
200016783 | |||
| Hong Kong | Renewed | DESIGN (T) |
4304/2002 | |||
| Hong Kong | Abandoned | TRIPATH |
||||
| Hong Kong | Abandoned | TRIPATH |
||||
| Japan | Regd-DNR | COMBINANT DIGITAL |
0000000 | |||
| Xxxxx | Registered | DESIGN (T) |
0000000 | |||
| Xxxxx | Registered | TRIPATH |
0000000 | |||
| Xxxxx | Registered | TRIPATH TECHNOLOGY |
4434289 | |||
| Korea | Regd-DNR | COMBINANT DIGITAL |
1293 | |||
| Korea | Registered | DESIGN (T) |
1292 | |||
| Korea | Registered | TRIPATH TECHNOLOGY |
1176 | |||
| Singapore | Abandoned | COMBINANT DIGITAL |
||||
| Singapore | Regd-DNR | COMBINANT DIGITAL |
T99/01775D | |||
| Singapore | Registered | DESIGN (T) |
T99/01772Z | |||
| Singapore | Registered | DESIGN (T) |
T99/01773H | |||
| Singapore | Registered | TRIPATH |
T00/08697Z | |||
| Singapore | Abandoned | TRIPATH TECHNOLOGY |
||||
| Singapore | Aband Inst | TRIPATH TECHNOLOGY |
||||
| Taiwan | Regd-DNR | COMBINANT DIGITAL |
||||
| Taiwan | Regd-DNR | COMBINANT DIGITAL |
00133792 | |||
| Taiwan | Registered | DESIGN (T) |
00903068 | |||
| Taiwan | Registered | DESIGN (T) |
00130297 | |||
| Taiwan | Registered | TRIPATH |
000000 | |||
| Xxxxxx | Registered | TRIPATH TECHNOLOGY |
00915918 | |||
| Taiwan | Registered | TRIPATH TECHNOLOGY |
00127054 | |||
| US | Registered | CLASS-T |
2,809,670 | |||
| US | Abandoned | COMBINANT DIGITAL |
||||
| US | Abandoned | DESIGN (T) |
||||
| US | Registered | DIGITAL POWER PROCESSING |
2,526,206 | |||
| US | Registered | DPP |
2,453,669 | |||
| US | Abandoned | TIO |
||||
| US | Abandoned | TIO AND DESIGN |
||||
| US | Srch-INACT | T-PATH |
||||
| US | Registered | TRIPATH |
2,398,029 | |||
| US | Registered | TRIPATH AND DESIGN (T) |
2,685,346 | |||
| US | Abandoned | TRIPATH TECHNOLOGY |
||||
EXHIBIT C
PATENTS
ISSUED U.S. PATENTS as of 6/30/05
| Patent No. |
Issue Date |
Title |
Inventors |
|||||||
| 1. |
5,974,089 |
10/26/99 |
METHOD AND APPARATUS FOR PERFORMANCE IMPROVEMENT BY QUALIFYING PULSES IN AN OVERSAMPLED NOISE-SHAPING SIGNAL PROCESSOR | Xxxx X. Xxxxxxxx Xxxx X. Xxxxxx |
TRIPP001 | |||||
| 2. |
5,909,153 |
6/1/99 | METHOD AND APPARATUS FOR COMPENSATING FOR DELAYS IN MODULATOR LOOPS | Xxxx X. Xxxxxx Xxxx X. Xxxxxxxx |
TRIPP002 | |||||
| 3. |
6,107,844 |
8/22/00 | METHODS AND APPARATUS FOR REDUCING MOSFET BODY DIODE CONDUCTION IN A HALF-BRIDGE CONFIGURATION | Xxxxxx X. Xxxx Xxxx X. Xxxxxx |
TRIPP003 | |||||
| 4. |
6,127,893 |
10/3/00 | METHOD AND APPARATUS FOR CONTROLLING AN AUDIO SIGNAL LEVEL | Xxxxxxx X. Xxxxxxxxx Xxxx X. Xxxxxx |
TRIPP004 | |||||
| 5. |
6,246,283 | 6/12/01 | POWER EFFICIENT LINE DRIVER | Xxxxxxxxx X. Xxxxx Xxxx X. Xxxxxx Xxxx X. Xxxxxxxx |
TRIPP005 | |||||
| 6. |
6,281,747 | 8/28/01 | POWER EFFICIENT LINE DRIVER | Xxxxxxxxx X. Xxxxx Xxxx X. Xxxxxx Xxxx X. Xxxxxxxx |
TRIPP005C1 | |||||
| 7. |
6,229,390 |
5/8/01 | METHODS AND APPARATUS FOR NOISE SHAPING A MIXED SIGNAL POWER OUTPUT | Xxxx X. Xxxxxx Xxxx X. Xxxxxxxx |
TRIPP006 | |||||
| 8. |
6,169,681 |
1/2/01 | POWER SUPPLY TOPOLOGY TO REDUCE THE EFFECTS OF SUPPLY PUMPING | Xxxxx X. Xxxx Xxxxxxx Xxxxxx |
TRIPP008 | |||||
| 9. |
5,777,512 |
7/7/98 | METHOD AND APPARATUS FOR OVERSAMPLED, NOISE SHAPING, MIXED-SIGNAL PROCESSING | Xxxx X. Xxxxxxxx Xxxx X. Xxxxxx |
Xxxxxxxx | |||||
| 10. |
5,808,491 | 9/15/98 | METHOD AND APPARATUS FOR SENSING A COMMON MODE VOLTAGE | Xxxx X. Xxxxxx | Xxxxxxxx | |||||
| 11. |
5,754,079 |
5/19/98 | METHOD AND APPARATUS FOR BIASING A DIFFERENTIAL CASCODECIRCUIT | Xxxx X. Xxxxxx | Xxxxxxxx | |||||
| 12. |
6,297,697 |
10/2/01 | METHODS AND APPARATUS FOR NOISE-SHAPING A MIXED SIGNAL POWER OUTPUT | Xxxx X. Xxxxxxxx Xxxx X. Xxxxxx |
TRIPP006C1 | |||||
| 13. |
6,316,992 |
11/13/01 |
DC OFFSET CALIBRATION FOR A DIGITAL SWITCHING AMPLIFIER | Xxxxxxx Xxxx Xxxx X. Xxxxxx |
TRIPP010 | |||||
| 14. |
6,329,876 | 12/11/01 | NOISE REDUCTION SCHEME FOR OPERATIONAL AMPLIFIERS | Xxxxxxx X. Xxxxxxxxx | TRIPP007X1 | |||||
| 15. |
6,348,836 |
2/19/02 | DUAL INDEPENDENTLY CLOCKED ANALOG-TO-DIGITAL CONVERSION FOR A DIGITAL POWER AMPLIFIER | Xxxx X. Xxxxxx | TRIPP019 | |||||
| 16. |
6,351,184 | 2/26/02 | DYNAMIC SWITCHING FREQUENCY CONTROL FOR A DIGITAL SWITCHING AMPLIFIER | Xxxx X. Xxxxxx | TRIPP012 | |||||
| 17. |
6,362,679 | 3/26/02 | IMPROVED POWER FET DRIVER CIRCUIT | Xxxxxx X. Xxxx | TRIPP014 | |||||
| 18. |
6,362,683 |
3/26/02 | BREAK-BEFORE-MAKE DISTORTION COMPENSATION SYSTEM FOR THE DIGITAL POWER AMPLIFIER | Xxxxxxx Xxxx Xxxx X. Xxxxxx |
TRIPP011 | |||||
| 19. |
6,411,165 |
6/25/02 | ACTIVE COMMON MODE FEEDBACK | Xxxx X. Xxxxxx | TRIPP024 | |||||
| 20. |
6,414,560 | 07/02/02 |
LOOP DELAY COMPENSATION FOR A DIGITAL POWER AMPLIFIER | Xxxx X. Xxxxxx | TRIPP020 | |||||
| 21. |
6,518,849 | 02/11/03 | DYNAMICALLY DELAY COMPENSATION VERSUS AVERAGE SWITCHING FREQUENCY IN A MODULAR XXXX | Xxxx X. Xxxxxx | XXXXX000 | |||||
| 00. |
6,515,604 | 02/04/03 | DIGITAL SIGNAL PROCESSING UNIT WITH IMPROVED DISTORTION AND NOISE | Xxxx X. Xxxxxx | TRIPP027 | |||||
| 23. |
6,549,069 | 04/15/03 | SELF TIMED SWITCHING FOR A DIGITAL POWER AMPLIFIER | Xxxx X. Xxxxxx | TRIPP018 | |||||
| 24. |
6,566,946 |
5/20/03 | NOISE REDUCTION SCHEME FOR OPERATIONAL AMPLIFIERS | Xxxx X. Xxxxxx | TRIPP007X1C1 | |||||
| 25. |
6,577,194 |
6/10/03 | RESONANT GATE DRIVE TECHNIQUE FOR A DIGITAL POWER AMPLIFIER | Xxxx X. Xxxxxx | TRIPP017 | |||||
| 26. |
6,577,189 |
6/10/03 | SCHEME FOR REDUCING TRANSMIT-BAND NOISE FLOOR AND ADJACENT CHANNEL POWER WITH POWER BACKOFF | Xxxx X. Xxxxxx Xxxx Xxxxxxxxx |
TRIPP031 | |||||
| 27. |
6,580,322 |
6/17/03 | DYNAMIC SWITCHING FREQUENCY CONTROL METHOD FOR A DIGITAL SWITCHING POWER AMPLIFIER | Xxxx X. Xxxxxx Xxxxxxx Xxxx |
TRIPP012C1 | |||||
| 28. |
6,603,355 |
8/5/03 | ACTIVE COMMON MODE FEEDBACK FOR UNBALANCED INPUT AND FEEDBACK SIGNALS AND METHODS THEREOF | Xxxx X. Xxxxxx | TRIPP024C1 | |||||
| 29. |
6,617,642 | 9/9/03 | METHOD AND CIRCUIT TO OBTAIN HIGH FREQUENCY SWITCHING POWER FET STAGE FOR INDUCTIVE LOADS | Xxxxx Xxxxxxxxx | TRIPP015 | |||||
| 30. |
6,621,339 |
9/16/03 | METHODS AND APPARATUS FOR FACILITATING NEGATIVE FEEDBACK, PROVIDING LOOP STABILITY AND IMPROVING AMPLIFIER EFFICIENCY | Xxxx X. Xxxxxxxx Xxxx Xxxxxxxx |
TRIPP038 | |||||
| 31. |
6,628,166 |
9/30/03 | RF COMMUNICATION SYSTEM USING AN RF DIGITAL AMPLIFIER | Xxxx X. Xxxxxx | TRIPP016 | |||||
| 32. |
6,630,899 | 10/7/03 | SCHEME FOR MAXIMISING EFFICIENCY OF POWER AMPLIFIER UNDER POWER BACKOFF CONDITIONS | Xxxx Xxxxxxxxx | TRIPP032 | |||||
| 33. |
6,693,491 | 2/17/04 | METHOD AND APPARATUS FOR CONTROLLING AN AUDIO SIGNAL XXXXX | Xxxx X. Xxxxxx | XXXXX000 | |||||
| 00. |
6,724,248 |
4/20/04 | AN IMPROVED DC OFFSET SELF-CALIBRATION SYSTEM FOR A DIGITAL SWITCHING AMPLIFIER | Xxxxxxx Xxxxxxxxx | TRIPP036 | |||||
| 35. |
6,737,713 | 5/13/04 | SUBSTRATE CONNECTION IN INTEGRATED POWER CIRCUIT | Xxxxx Xxxxxxxxx | TRIPP037 | |||||
| 36. |
6,781,458 | 8/24/04 | PROVIDING DC ISOLATION IN SWITCHING AMPLIFIERS | Babak Mazda | TRIPP039 | |||||
| 37. |
6,785,392 | 8/31/04 | A MUTE-IN-SILENCE SCHEME FOR AUDIO AMPLIFIERS | Xxxxxxx Xxxxxxxxx | TRIPP029 | |||||
| 38. |
6,798,288 |
9/28/04 | METHOD FOR OPTIMAL OPERATION OF LOOP STRUCTURE OF CLASS-T AMPLIFIERS FOR FDD SYSTEMS | Xxxx Xxxxxxxxx Xxxx Xxxxxx |
TRIPP033 | |||||
ISSUED INTERNATIONAL PATENTS as of 6/30/05
| Patent No. |
Issue Date |
Title |
Country |
|||||||
| 1. | 129936 | 8/1/01 | METHOD AND APPARATUS FOR REDUCING MOSFET BODY DIODE CONDUCTION IN A HALF BRIDGE CONFIGURATION | Taiwan | XXXXX000.XX | |||||
| 2. | 130682 | 8/16/01 | METHODS AND APPARATUS FOR CONTROLLING AN AUDIO SIGNAL LEVEL | Taiwan | XXXXX000.XX | |||||
| 3. | 60709 | 10/24/00 | METHOD AND APPARATUS FOR OVERSAMPLED, NOISE SHAPING, MIXED SIGNAL PROCESSING | Singapore | Xxxxxxxx | |||||
| 4. | 092983 | 6/17/98 | METHOD AND APPARATUS FOR OVERSAMPLED, NOISE SHAPING, MIXED SIGNAL PROCESSING | Taiwan | Xxxxxxxx | |||||
| 5. | 135600 | 10/26/01 |
METHOD AND APPARATUS FOR COMPENSATING FOR DELAYS IN MODULAR LOOP | Taiwan | XXXXX000.XX | |||||
| 6. | 70509 | 2/27/02 | METHOD AND APPARATUS FOR PERFORMANCE IMPROVEMENT BY QUALIFYING PULSES IN AN OVERSAMPLED NOISE-SHAPING SIGNAL PROCESSOR | Singapore | XXXXX000.XX | |||||
| 7. | 89103715 |
4/10/02 | POWER SUPPLY TOPOLOGY TO REDUCE THE EFFECTS OF SUPPLY PUMPING | Taiwan | XXXXX000.XX | |||||
| 8. | 148300 | 5/1/02 | NOISE REDUCTION SCHEME FOR OPERATIONAL AMPLIFIERS | Taiwan | TRIPP007X1TW | |||||
| 9. | 148839 | 5/8/02 | METHODS AND APPARATUS FOR NOISE SHAPING A MIXED SIGNAL POWER OUTPUT | Taiwan | XXXXX000.XX | |||||
| 10. |
148925 | 5/9/02 | BREAK-BEFORE-MAKE DISTORTION COMPENSATION SYSTEM FOR THE DIGITALPOWER AMPLIFIER | Taiwan | XXXXX000.XX | |||||
| 11. |
74974 | 8/16/02 | METHOD AND APPARATUS FOR COMPENSATING FOR DELAYS IN MODULATOR LOOPS | Singapore | XXXXX000.XX | |||||
| 12. | 157634 | 10/8/02 | DYNAMIC SWITCHING FREQUENCY CONTROL FOR A DIGITAL SWITCHING AMPLIFIER | Taiwan | XXXXX000.XX | |||||
| 13. | 162267 | 12/23/02 | POWER EFFICIENT LINE DRIVER | Taiwan | XXXXX000.XX | |||||
| 14. |
000000 | 2/7/03 | RF COMMUNICATION SYSTEM USING AN RF DIGITAL AMPLIFIER | Taiwan | XXXXX000.XX | |||||
| 15. |
168866 | 4/23/03 | METHOD AND CIRCUIT TO OBTAIN HIGH FREQUENCY SWITCHING POWER FET STAGE FOR INDUCTIVE LOADS | Taiwan | XXXXX000.XX | |||||
| 16. | 173026 | 7/2/03 | IMPROVED POWER FET DRIVER CIRCUIT | Taiwan | XXXXX000.XX | |||||
| 17. |
000000 | 3/24/04 | DC OFFSET CALIBRATION FOR A DIGITAL SWITCHING AMPLIFIER | Taiwan | XXXXX000.XX | |||||
