PARTIAL RELEASE OF TRADEMARKS
This Partial Release of Trademarks dated as of March 2, 1998
(this "Release") is made by Foothill Capital Corporation, acting
in its capacity as secured party (in such capacity, the "Secured
Party"), in favor of Intergraph Corporation (the "Debtor").
WITNESSETH
WHEREAS, pursuant to a Trademark Security Agreement recorded
in the records of the United States Patent and Trademark Office
on January 21, 1997 beginning at Reel 1527, Frame 0558 from the
Debtor in favor of Secured Party, the Debtor granted to Secured
Party, among other things, a continuing security interest in
certain Trademarks set forth on Schedule 1 hereto (the "Subject
Trademarks");
WHEREAS, the Secured Party wishes to release all of its
interest in the Subject Trademarks in the records of the United
States Patent and Trademark Office;
NOW, THEREFORE, for good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the
Secured Party does hereby release, without recourse,
representation or warranty, its security interest in, to or under
all of the Subject Trademarks, together with the goodwill of the
business symbolized thereby, and any right, title and interest of
the Secured Party in, to and under the Subject Trademarks shall
hereby cease and become void.
Secured Party shall execute any further documents as may be
reasonably requested by Xxxxxx in order to fully effectuate the
release of its security interest in the Subject Trademarks.
This Release shall be governed in all respects by the laws
of the State of California, without giving effect to the conflict
of laws rules thereof.
IN WITNESS WHEREOF, the Secured Party has caused this
Release to be duly executed and delivered by its officer
thereunto duly authorized as of March 2, 1998.
INTERGRAPH CORPORATION FOOTHILL CAPITAL CORPORATION
as Debtor as Secured Party
By: /S/ Xxxx X. Xxxxxxxx By: /s/ Xxxxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxxxx Name: Xxxxxx X. Xxxxxx
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Title: Vice President Title: Vice President
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