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Exhibit 10.45
ASSIGNMENT OF INTELLECTUAL PROPERTY RIGHTS
ASSIGNMENT AGREEMENT by and among Xxxxxxx X. Will, of Scottsdale, Arizona,
Xxxxxxx X. Xxxxx, of Evergreen, Colorado, and Xxxxx X. Xxxxxx, of Phoenix,
Arizona, in their individual capacities and as principals of IPVoice
Communications, Inc., a Delaware Corporation and, as the case may be, of Condor
Worldwide Ltd. (IPVoice Communications, Inc., Condor Worldwide, Ltd., Ms. Will,
Xx. Xxxxx, and Xx. Xxxxxx hereinafter jointly and severally referred to as
"Assignors") and XXXxxxx.Xxx, Inc., a Nevada corporation (hereinafter referred
to as "Assignee"), effective this 5th day of May, 2000 ("Effective Date").
RECITALS
The Assignors desire that all of the intellectual property inhering in
certain software called Multicom Business Management Software, a
telecommunications software program which uses an internet interface with the
public telephone system and provides real time billing, administration and
control of the long distance telephone calls, including any and all
modifications and future improvements which the Assignors or any of them may
create (the "Software") be assigned to Assignee.
Previous agreements have been executed which together were intended to
transfer some or all of the intellectual property rights to the Assignee. These
consist of (a) an Assignment from IPVoice Communications, Inc. to Assignee of
all right, title, and interest in and to the Software executed on March 17,
2000; (b) an Assignment from Xxxxx X. Xxxxxx to Condor Worldwide Ltd. of all of
Howson's right, title and interest in and to the Software executed on March 10,
1998; (c) and Agreement between Xxxxxxx X. Will, Xxxxxxx X. Xxxxx, Condor
Worldwide Ltd., and Xxxxx Xxxxxx by which Xxxxxxx X. Xxxxx exchanged all of his
right, title and interest in and to the Software for a certain number of shares
of stock in Assignee, executed March 17, 2000; and (d) Minutes of a Meeting of
the Board of Directors of Assignee, held on March 16, 2000, by which IPVoice
Communications, Inc. offered to sell all of its right, title and interest in and
to the Software to Assignee for $1.00, which offer was accepted.
ASSIGNMENT OF ALL INTELLECTUAL PROPERTY RIGHTS
For $1.00 and other good and valuable consideration, receipt of which is
hereby acknowledged, Assignors jointly and severally assign to Assignee all
right, title and interest that they or any of them have in the Software, and in
all copyright, trade secret, and any other intellectual property rights
inherent in the Software. Assignors further assign to Assignee all causes of
action which may have heretofore accrued due to the infringement of any
intellectual property right in the Software by a third party.
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IN WITNESS WHEREOF, Assignors and Assignee have executed or caused the
execution of this agreement on the date first above written.
/s/ Xxxxxxx X. Will
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Xxxxxxx X. Will
/s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx
CONDOR WORLDWIDE, LTD.
By /s/ Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx
Managing Director
/s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
IPVOICE COMMUNICATIONS, INC.
By: /s/ Xxxxxxx X. Will
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Xxxxxxx X. Will
President
XXXXXXX.XXX, INC.
By: /s/ Xxxxxxx X. Will
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