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EXHIBIT 10.11
Execution Copy
PATENT ASSIGNMENT
WHEREAS, Xxxxxx/Meadow Gold Dairies, Inc., a Delaware corporation
(hereinafter "ASSIGNOR"), is the owner of several patents related to milk
products and packaging as listed in Schedule A to this Agreement (the
"PATENTS");
WHEREAS, Southern Foods Group, L.P., a Delaware limited partnership
(hereinafter "ASSIGNEE"), desires to acquire the entire right, title and
interest in, to and under the above invention and application in the United
States and in any and all foreign countries;
NOW, THEREFORE, in consideration of the sum of One Dollar ($1.00)
being paid to Assignor, the receipt of which is hereby acknowledged, and other
good and valuable consideration, Assignor does hereby sell, assign, and
transfer, and by these presents does sell, assign and transfer unto Assignee,
the full and exclusive right to the Patents.
IN TESTIMONY WHEREOF, we have executed this Agreement as of the 4th
day of September, 1997.
XXXXXX/MEADOW GOLD DAIRIES, INC.
By: /s/ XXXXX X. XXXXXXX
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Xxxxx X. Xxxxxxx, Vice President
ACCEPTED BY:
SOUTHERN FOODS GROUP, L.P.
By: SFG Management Limited Liability
Company, its General Partner
By: /s/ XXXXXXX X. XXXX
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Xxxxxxx X. Xxxx, Assistant Secretary
Patent Assignment - Page 1
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STATE OF New York )
)
)
COUNTY OF New York )
BEFORE ME, on this day personally appeared Xxxxx X. Xxxxxxx, known to
me to be the person whose name is subscribed to the foregoing instrument on
behalf of Xxxxxx/Meadow Gold Dairies, Inc. and acknowledged to me that he
executed the same on behalf of the corporation as the Vice President for the
purpose and consideration therein expressed.
Subscribed to and sworn to before me this 3rd day of September, 1997.
XXXXXX XXXXXX /s/ XXXXXX XXXXXX
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Notary Public, State of New York Notary Public in and for
No. 01WA5067161 the State of New York
Qualified In Kings County
Commission Expires October 15, 1998 Printed Name: Xxxxxx Xxxxxx
My Commission Expires: Oct. 15, 1998
Patent Assignment -Page 2
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SCHEDULE A
PATENT NUMBER TITLE ISSUE DATE COUNTRY
------------- ----- ---------- -------
4,701,329 "Calcium Fortified Xxxx" 00/00/00 Xxxxxx Xxxxxx
4,851,243 "Calcium Fortified Aseptic Milk" 07/25/89 United States
4,888,194 "Shelf-Stable Aseptic Dairy Product" 12/19/89 United States
(Aseptic Whipping Cream)
4,935,255 "Controlled Headspace Gas Packaging" 06/19/90 United States
4,956,186 "Process for the Production of Low
Calorie Yogurt" 09/11/90 United States
4,971,810 "Fiber Enriched Yogurt" 11/20/90 United States
