AGREEMENT
THIS AGREEMENT made this 12th day of October 1994, between XXXXX X
XXXXXXXXX, hereinafter referred to as "ASSIGNOR", and HOLOGRAPHICS, INC., a
Nevada corporation, hereinafter referred to as "ASSIGNEE".
WHEREAS, ASSIGNOR is the owner of assignment rights to certain patents
more particularly described in Exhibit "A" attached hereto and made a part
hereof, and
WHEREAS, ASSIGNEE desires to acquire said assignment rights in
furtherance of ASSIGNEE's commercial enterprises including, but not limited
to, the rapid verification of identification documents;
NOW, THEREFORE, it is agreed that:
1. ASSIGNEE will issue ASSIGNOR, ONE MILLION FOUR HUNDRED
THOUSAND (1,400,000) shares of common stock of ASSIGNEE upon the execution of
this Agreement.
2. ASSIGNOR agrees to assign to ASSIGNEE, all of his right, title
and interest in and to his assignment rights in the patents listed in Exhibit
"A" attached hereto and made a part hereof.
3. This Agreement shall be governed by and construed in
accordance with the laws of the State of California.
4. No assignment of this Agreement or any right accruing
hereunder shall be made in whole or in part by any party hereto without the
prior written consent of the other party.
5. This Agreement shall be binding upon and enure to the benefit
of the heirs, executors, successors and assigns of the respective parties
hereto.
IN WITNESS WHEREOF, the parties hereto have executed this
document on the date hereinabove set forth.
/s/ Xxxxx X. Xxxxxxxxx
XXXXX X. XXXXXXXXX, ASSIGNOR
/s/ Xxxxx X. Xxxxxxxxx
by: Xxxxx X. Xxxxxxxxx, President
HOLOGRAPHICS, INC., ASSIGNEE
EXHIBIT"A"
Patents
-------
1. Patent Number 5,095,194 issued by the United States Patent and
Trademark Office dated March 10, 1992 for HOLOGRAPHIC CREDIT CARD WITH
AUTOMATICAL AUTHENTIFICATION AND VERIFICATION.
2. Patent application dated July 27, 1993, Serial Number 08/097,530 for
METHOD AND SYSTEM FOR MULTIPLE ACCESS HOLOGRAPHIC CARD.
2
ASSIGNMENT
I, XXXXXX X. XXXXXXXXX, now residing San Francisco, California of the
United States of America, for good and valuable consideration, receipt of
which is hereby acknowledged, have assigned and do hereby assign to XXXXX X.
XXXXXXXXX, an individual residing at 0000 Xxxxxxxx Xxxxx Xxxxxx Xxxxxx,
Xxxxxxxxxx 00000 (hereinafter referred to as Assignee) his successors, assigns
and legal representatives, my ENTIRE RIGHTS, TITLES, and INTERESTS, including
without limitation any and all powers, options and past, present or future
contract rights in, of and to the subject matter invented by me and disclosed
and claimed in the following grants of LETTERS PATENT and APPLICATIONS for
grants of LETTERS PATENT of the United States of America and any and all
contracts:
1. LETTERS PATENT NO. 5,095,194, issued by the UNITED STATES OF
AMERICA on March 10, 1992, entitled: HOLOGRAPHIC CREDIT CARD WITH AUTOMATIC
AUTHENTICATION AND VERIFICATION on Application Serial No. 420,816, filed with
the United States Department of Commerce, Patent and Trademark Office on
OCTOBER 12,1987, and in and to any and all divisions, reissues, continuations
and extensions thereof;
2. LETTERS PATENT NO. 5,138,468, issued by the UNITED STATES OF
AMERICA on August 11, 1992, entitled: KEYLESS HOLOGRAPHIC LOCK on Application
Serial No. 473,89O filed with the United States Department of Commerce, Patent
and Trademark Office on February 2,1990, and in and to any and all divisions,
reissues continuations and extensions thereof; and
3. PATENT APPLICATION entitled: METHOD AND SYSTEM FOR MULTIPLE
ACCESS HOLOGRAPHIC CARD, Application Serial No. 08/097,530, filed by me on
JULY 27, 1993 with the United States Department of Commerce, Patent and
Trademark Office; and in and to any and all divisions, reissues, continuations
and extensions thereof, and in and to all corresponding applications for
Letters Patent and all Convention and Treaty Rights of any kind, in all
countries throughout the world, for all such subject matter.
I hereby authorize and request that the Patent Office Officials in the
United States and any and all foreign countries issue any and all of such
Letters Patent or similar documents, when granted, to such Assignee, as the
owner of the entire right, title and interest in, of and to the same, for the
sole use and enjoyment of the Assignee, and his successors and assigns.
ASSIGNMENT OF TITLE TO PATENT AND PATENT APPLICATIONS - PAGE 1 OF 2
I further direct all attorneys, who may have possession of any documents,
records and writings reflecting work performed and/or conducted on my behalf
relating in anyway to the Patent Applications and Grants of Letters Patent
identified above to correspond with and to surrender possession of such
documents, records and writings to the Assignee, and his successors and
assigns upon demand.
In testimony whereof, I have hereunto set my hand this 17th day of
March, 1995 in SAN FRANCISCO, California.
Signature: /s/ Xxxxxx Xxxxxxxxx
Inventor: XXXXXX X. XXXXXXXXX, Ph.D
Residence: Xxx Xxxxxxxxx, Xxxxxxxxxx 00000
XXXXX XX XXXXXXXXXX :
:SS
COUNTY OF SAN FRANCISCO :
On this 17th day of MARCH 1995, before me, a Notary Public in and for
the State of California, personally appeared XXXXXX X. XXXXXXXXX Ph.D., who
proved to me on the basis of satisfactory evidence to be the person whose name
is subscribed to the within instrument and acknowledged to me that he executed
same in his authorized capacity, and that by his signature on the instrument,
the person, or entity, upon behalf of which the person acted, executed the
instrument.
Witness my hand and official seal.
/s/ H.M.T. Najmabadi
Notary Public, State of California
(SEAL) My commission expires:
ASSIGNMENT OF TITLE TO PATENT AND PATENT APPLICATIONS - PAGE 2 OF 2
