TECHNOLOGY AND TRADEMARK LICENSE AGREEMENT
This agreement is between Xxxxx X. de la Motte ("LICENSOR") an
individual with a residence address of 0000 X.X. Xxxxxxxx Xx., Xxxxxxxxx, Xxxxxx
00000, and Integrated Food Resources, Inc. ("LICENSEE"), a Nevada corporation,
with a principal place of business at 0000 X.X. Xxxxxxxx Xxxx, Xxxxxx, Xxxxxx
00000. This agreement will be effective on the following date: January 25, 1999
("the effective date").
WHEREAS LICENSOR owns rights in certain non-confidential and
confidential technology, know how, concepts, plans, and information, including
all copyrights, trademark/service xxxx rights, and potential patent rights, all
relating to a system for international business transactions (the "Technology");
WHEREAS LICENSOR owns the following patent applications,
copyright registrations, federal trademark/service xxxx registrations, federal
trademark/service xxxx applications and domain name registration relating to the
Technology (all such applications and registrations are referred to collectively
as the "Rights") (the patent applications are referred to collectively as the
"Patent Applications"; the trademark/service xxxx registrations and applications
are referred to collectively as the "Trademarks"; the copyright registrations
are referred to collectively as the Copyrights"; and the domain name
registration is referred to as the "Domain Name Registration"): Patent
Applications
-------------------------- --------------------------------------------------------------- ---------------------------
Patent App. No. Title of Invention Priority Date
-------------------------- --------------------------------------------------------------- ---------------------------
08/745,196 METHOD AND SYSTEM FOR FACILITATING SELECTING, ORDERING November 9, 1995
AND PURCHASING OF PRODUCTS
-------------------------- --------------------------------------------------------------- ---------------------------
08/879,384 ELECTRONIC HOME SHOPPING SYSTEM AND METHOD November 9, 1995;
June 20, 1997
-------------------------- --------------------------------------------------------------- ---------------------------
to be assigned RATING SYSTEM FOR ALLOWING ELECTRONIC TRADE OF PRODUCTS November 9, 1999;
June 20, 1997
-------------------------- --------------------------------------------------------------- ---------------------------
Page 1 - TECHNOLOGY AND TRADEMARK LICENSE AGREEMENT
-------------------------- --------------------------------------------------------------- ---------------------------
PCT Patent App. No. Title of Invention Priority Date
-------------------------- --------------------------------------------------------------- ---------------------------
PCT/US96/18133 METHOD AND SYSTEM FOR FACILITATING, SELECTING, ORDERING & November 9, 1995
PURCHASING OF PRODUCTS
-------------------------- --------------------------------------------------------------- ---------------------------
Trademarks
-------------------------- ---------------------------------------------------- ---------------------------------
Trademark Reg./App. No. Xxxx Registration/Filing Date
-------------------------- ---------------------------------------------------- ---------------------------------
Reg. No. 2,213,625 PROJECT HARVEST Registered December 29, 1998
-------------------------- ---------------------------------------------------- ---------------------------------
App. No. 75/084,500 MISC. DESIGN (Globe and Wheat Design) Filed April 5, 1996; Published
October 6, 1998
-------------------------- ---------------------------------------------------- ---------------------------------
Reg. No. 2,222,108 WORLD TRADE THROUGH PIONEERING TECHNOLOGY Registered February 9, 1999
-------------------------- ---------------------------------------------------- ---------------------------------
Copyrights
-------------------------- --------------------------------------------------------------- ----------------------
Copyright Reg. No. Title of Work Registration Date
-------------------------- --------------------------------------------------------------- ----------------------
TX 0-000-000 PROJECT HARVEST October 9, 1996
-------------------------- --------------------------------------------------------------- ----------------------
VA 814-866 PROJECT HARVEST October 9, 1996
-------------------------- --------------------------------------------------------------- ----------------------
VA 832-717 PROJECT HARVEST CD COVER February 4, 1997
-------------------------- --------------------------------------------------------------- ----------------------
Domain Name Registration
Page 2 - TECHNOLOGY AND TRADEMARK LICENSE AGREEMENT
-------------------------- --------------------------------------------------------------- ----------------------
Domain Name Reg. Domain Name Registration Date
-------------------------- --------------------------------------------------------------- ----------------------
XxxxxxxXxxxxxx.xxx
-------------------------- --------------------------------------------------------------- ----------------------
WHEREAS LICENSOR has a complete prototype software version of
the Technology for use in the retail-food-store-products industry, including
supporting textual and graphic materials (referred to collectively as the
"Prototype"), which is presently marketed under LICENSOR'S trademark/service
xxxx PROJECT HARVEST;
WHEREAS LICENSOR has delivered to LICENSEE the Prototype, and
LICENSEE wants to commercialize it for the retail-food-store-products industry;
WHEREAS LICENSEE wants to commercialize the Technology by
setting up a global e-commerce system for trading of retail-food-store products
among buyers and sellers (the "Food Industry Version of the Technology");
WHEREAS LICENSOR and LICENSEE want to enter into a mutually
beneficial license agreement involving the Rights and allowing LICENSEE to use,
market and sell a commercial version of the Technology for the
retail-food-store-products industry;
NOW THEREFORE, in consideration of the promises made below,
LICENSOR and LICENSEE agree as follows:
1. License. LICENSOR grants to LICENSEE a worldwide, exclusive
license under the Rights to make, use and sell versions of the Technology for
the retail-food-store-products industry. LICENSEE acknowledges that it has
received from LICENSOR the Prototype. LICENSEE shall not grant or sub-license to
any third party all or any part of the license it receives in this P. 1. The
sole exception to this prohibition is that LICENSEE may sub-license rights under
this P. 1 to a wholly-owned subsidiary of LICENSEE.
2. Term. The term of this agreement is for twenty (20) years
from the effective date, and is automatically renewable by LICENSEE for
additional two (2) year terms upon sixty (60) days written notice prior to the
end of the term of this Agreement. Such automatic renewal is conditioned on: (a)
LICENSEE being current with respect to its payment obligations described in P.
3, and (b) LICENSEE
Page 3 - TECHNOLOGY AND TRADEMARK LICENSE AGREEMENT
not having breached this Agreement.
3. License Fee; Royalty.
3.1 License Fee. LICENSEE will pay to LICENSOR the following
license fee: (a) a one-time, lump sum payment of $200,000 payable to LICENSOR
within ten (10) days of the occurrence of either of the following alternate
events: (i) LICENSEE'S total equity equals or exceeds fifteen million dollars
($15,000,000) in paid-in capital; or (ii) LICENSEE successfully closes a minimum
of fifteen million dollars ($15,000,000) in debt; and (b) a one-dollar ($1.00)
license-fee payment per year during the term, payable in advance for the then
following year, with the first such payment due on the effective date, and
subsequent payments due on the anniversary of the effective date for each year
during the term.
3.2 Royalty. LICENSEE agrees to pay to LICENSOR a royalty
measured at 7.5% of gross profit margin that LICENSEE makes from the commercial
use of the Technology and the Rights under the license granted in P. 1. LICENSEE
shall make royalty payments and reports to LICENSOR required by this P. 3 on a
calendar-year, quarterly basis within 30 business days after March 31st, June
30th, September 30th, and December 31st, each payment for the then preceding
accounting quarter. At a future time, LICENSOR and LICENSEE will agree to the
form of the report that LICENSEE will provide LICENSOR on a quarterly basis
pursuant to this paragraph. LICENSEE shall make the required royalty payments in
cash or stock at LICENSEE'S sole discretion. If payment is in stock and LICENSEE
is publicly traded, the determination of the cash value of the stock shall be
based upon the bid and ask price for the stock for the prior ten (10) trading
days. LICENSEE shall keep accurate books and records reflecting transactions,
including income received pursuant to commercial activities under this
Agreement, and shall make reports at the time of the above-identified quarterly
payments fully supporting the calculation of payments made, including the income
received. LICENSOR shall have the reasonable right to inspect LICENSEE'S books
and records through an agent, not to exceed one such audit per year. Past due
payments shall bear interest at the highest lawful rate from the due date.
4. Licensee's First Right of Refusal. LICENSEE shall have a
first right of refusal to receive from LICENSOR for consideration to be
determined in the future, an exclusive, twenty (20) year license to
commercialize
Page 4 - TECHNOLOGY AND TRADEMARK LICENSE AGREEMENT
the Technology for industries other than the retail-food-store-product industry.
To exercise its first right under this P. 4, LICENSEE must provide LICENSOR with
written notice of its intent to exercise its right within thirty (30) days of
receiving from LICENSOR a description of an application of the Technology to an
industry other than the retail-food-store-product industry.
5. Ownership; Acknowledgement of Validity LICENSEE admits and
agrees that LICENSOR owns the Rights and the Technology. In addition, LICENSEE
admits and agrees to the validity and enforceability in all respects of the
Rights. LICENSEE agrees that it will not participate in any attack on the
validity or enforceability of any of the Rights whether in court, the United
States Patent and Trademark Office, the U.S. Copyright Office or elsewhere
except as may be required in response to a subpoena. It is the intent of
LICENSOR and LICENSEE that this paragraph shall have claim- and issue-preclusive
effect.
6. Best Efforts LICENSEE shall use its best efforts under the
license granted in P. 1 to commercialize the Technology by setting up the Food
Industry Version of the Technology. To maintain the exclusivity of the license
in P. 1, LICENSEE shall have a minimum of ten million dollars ($10,000,000) in
annual sales revenue beginning two years from the effective date so that for the
third year of this Agreement, and every year thereafter, LICENSEE shall have at
least ten million dollars ($10,000,000) in annual sales revenue.
7. Continued Development of the Technology; Continued
Prosecution of the Rights; Ownership of Rights in
Improvements.
LICENSOR and LICENSEE will work together during the term of
this Agreement to continue development of the Technology. LICENSOR will own all
rights in improvements to the Technology, and LICENSEE shall assign and/or
transfer to LICENSOR, at appropriate times in the future, rights, if any,
LICENSEE may have as a result of any ideas or inventions relating to the
Technology made by representatives or employees of LICENSEE. In connection with
LICENSEE'S obligation to assign and/or transfer to LICENSOR rights in such
improvements, LICENSEE shall require all employees and independent contractors
LICENSEE hires in the future to continue development of the Technology to
execute written assign and/or transfer agreements of rights in such improvements
to LICENSOR.
Page 5 - TECHNOLOGY AND TRADEMARK LICENSE AGREEMENT
All costs for continued commercial development of the
Technology will be paid exclusively by LICENSEE. In addition, LICENSEE will pay
for all future costs associated with continuing the ongoing process of obtaining
domestic and foreign intellectual property rights associated with the Rights and
the Technology, including continuing the Patent Applications, the Trademarks,
and the Copyrights.
8. Confidentiality.
LICENSEE will keep confidential the Technology and terms of
the present agreement. LICENSEE'S confidentiality obligation survives
termination of this Agreement. With respect to LICENSEE'S confidentiality
obligation concerning the Technology, LICENSEE will treat all disclosures by
LICENSOR relating to the Technology as confidential. Such confidential
disclosures may include oral or written material, demonstrations, or samples of
the Technology. LICENSEE further agrees not to disclose any information relating
to the Technology to third parties, nor to use information about the Technology
disclosed by LICENSOR for any purpose other than that identified above, unless
written consent from LICENSOR is obtained. LICENSEE agrees to take all steps
reasonably necessary to prevent disclosure of the Technology to any third party.
The confidentiality obligations set forth in this Agreement do
not apply to information:
(i) which, prior to the effective date of this Agreement, was
generally known to the trade or public;
(ii) which at a later date becomes generally known to the
trade or public through no fault of LICENSEE'S and then
only after that date;
(iii) which is possessed by LICENSEE, as evidenced by your
written or other tangible evidence, before receipt
thereof from LICENSOR; or
(iv) which is disclosed to LICENSEE in good faith by a third
party who has an independent right to such information.
9. Termination.
Each party may terminate the present agreement in the event of
a material breach by the
Page 6 - TECHNOLOGY AND TRADEMARK LICENSE AGREEMENT
other party, but only if, upon receiving notice of such breach, the other party
fails to cure such breach within sixty (60) days of such notice.
LICENSOR may also terminate this Agreement if any of the
following occurs:
(i) LICENSEE does not commercialize the Technology under the
license in P. 1 by signing the first buyers and sellers
to the Food Industry Version of the Technology within
eighteen (18) months after the effective date;
(ii) LICENSEE does not raise a minimum of thirty million
dollars ($30,000,000) to finance the commercialization of
the Technology; and
(iii) LICENSEE defaults as described below and does not cure
within the sixty (60) day period described above in this
P. 7.
A default may be any one of the following:
(i) failure to pay royalties or the annual license fee upon
the due dates identified above;
(ii) failure to finance expenses associated with enforcement
of the Rights as described in P. 8;
(iii) failure to use notices as are and will be prescribed by
LICENSOR pursuant to P. 9; or
(iv) failure to deliver to LICENSOR complete copies of all
improvements made to the Technology, including source
code, within thirty days of making such improvements.
10. Enforcement of Patent Rights.
LICENSEE agrees to notify LICENSOR in writing of any
unauthorized use of the Rights and/or the Technology, if such use comes to the
attention of LICENSEE. LICENSOR shall have the sole right and discretion to
bring infringement proceedings involving the Rights and the Technology. If
LICENSOR elects to prosecute an infringer and the infringer is in the
retail-food-store-products industry, then LICENSEE will pay for all expenses,
including attorney fees, associated with prosecuting the infringer. However, all
major litigation decisions are to be made by LICENSOR. If any monetary income is
obtained from an infringer through a settlement or through litigation, that
income will be used first to pay for all expenses including attorney fees
associated with prosecution of the infringer. Any amount of monetary income that
exceeds such expenses will be shared equally
Page 7 - TECHNOLOGY AND TRADEMARK LICENSE AGREEMENT
among LICENSOR and LICENSEE.
11. Markings.
LICENSEE shall xxxx all products sold or services rendered
under the Rights as being sold or rendered pursuant to a license, and with any
statutorily required notices. LICENSOR will from time to time inform LICENSEE of
such notices and the form in which they should be used.
12. Notices.
All notices under this agreement shall be given in writing to
the parties at the addresses listed below. The notices shall be sent via first
class mail to the following addresses:
Xxxxx X. de la Xxxxx Xxxxx X. Xxxxxx
0000 X.X. Xxxxxxxx Xx. Integrated Food Resources, Inc.
Xxxxxxxxx, Xxxxxx 00000 0000 X.X. Xxxxxxxx Xxxx
Xxxxxx, Xxxxxx 00000
13. Insurance.
With respect to its use of the license granted in P. 1,
LICENSEE will maintain reasonable products liability insurance and other
pertinent liability insurance.
14. Indemnity.
LICENSEE agrees to indemnify and hold harmless LICENSOR for
any claims that may be brought by third parties against LICENSOR in connection
with the making, selling or using of the Rights or the Technology under this
Agreement.
15. Warranties.
The following warranties, in addition to those set out above,
are made: LICENSOR represents and warrants that he owns the Rights and has full
right and power to grant the license set forth above and to otherwise enter into
this Agreement. LICENSOR and LICENSEE represent and warrant to each other that
no material facts have been withheld from any party that would materially alter
the value of this Agreement, nor the willingness of either party to enter into
this Agreement.
16. Miscellaneous.
16.1 Assignability. All terms and conditions of this
agreement are limited to, binding upon and for the
benefit of the parties hereto. Apart from the
exception identified in P. 1, no part of this
agreement is assignable except upon
Page 8 - TECHNOLOGY AND TRADEMARK LICENSE AGREEMENT
the written approval of LICENSOR.
16.2 Partnership, Joint Venture. This agreement does not
constitute and shall not be construed as constituting
a partnership or joint venture between LICENSOR and
LICENSEE.
16.3 Amendments. Any amendments or modifications to this
agreement can and will be made by written addendum,
agreed to by all parties.
16.4 Governing Law. This agreement shall be construed in
accordance with the laws of the state of Oregon and
disputes hereunder shall be decided exclusively in
the appropriate state or federal courts located in
the state of Oregon. Each party agrees to submit to
personal jurisdiction and venue in Oregon.
16.5 Integration. This agreement constitutes the entire
agreement between the parties and no other agreement,
understandings, representations or discussions are
included.
16.6 Severability. If any part of this agreement is
determined to be wholly or partially unenforceable,
the balance of the agreement will not be affected and
shall remain enforceable.
IN WITNESS WHEREOF, the parties have caused this agreement to
be executed in duplicate and signed by their authorized representatives.
XXXXX X. de la MOTTE INTEGRATED FOOD RESOURCES, INC.
/s/ Alain de la Motte By: /s/ Xxxxx X. Xxxxxx
--------------------------------- ---------------------------------
Name: Xxxxx X. Xxxxxx
Title: Executive Vice President
Date: January 25, 1999 Date: January 25, 1999
--------------------------------- ---------------------------------
Page 9 - TECHNOLOGY AND TRADEMARK LICENSE AGREEMENT
ASSIGNMENT
WHEREAS, I, Xxx Xxxxxx, of 0000 X.X. 000xx Xxxxxx, Xxxxxxxxx,
Xxxxxx 00000, helped develop or may have invented certain improvements in and/or
features of a technology presently marketed under the trademark PROJECT HARVEST
(the improvements and features referred to collectively as the "invention") and
which are the object of the following patent applications: Patent Applications
-------------------------- --------------------------------------------------------------- ---------------------------
Patent App. No. Title of Invention Priority Date
-------------------------- --------------------------------------------------------------- ---------------------------
08/745,196 METHOD AND SYSTEM FOR FACILITATING SELECTING, ORDERING November 9, 1995
AND PURCHASING OF PRODUCTS
-------------------------- --------------------------------------------------------------- ---------------------------
08/879,384 ELECTRONIC HOME SHOPPING SYSTEM AND METHOD November 9, 1995;
June 20, 1997
-------------------------- --------------------------------------------------------------- ---------------------------
to be assigned RATING SYSTEM FOR ALLOWING ELECTRONIC TRADE OF PRODUCTS November 9, 1999;
June 20, 1997
-------------------------- --------------------------------------------------------------- ---------------------------
-------------------------- --------------------------------------------------------------- ---------------------------
PCT Patent App. No. Title of Invention Priority Date
-------------------------- --------------------------------------------------------------- ---------------------------
PCT/US96/18133 METHOD AND SYSTEM FOR FACILITATING, SELECTING, ORDERING & November 9, 1995
PURCHASING OF PRODUCTS
-------------------------- --------------------------------------------------------------- ---------------------------
WHEREAS, Xxxxx X. de la Motte, of Tigard, Oregon, is desirous
of acquiring any rights Xxx Xxxxxx may have in the invention:
NOW, THEREFORE, for good and valuable consideration, the
receipt of which is hereby acknowledged, I, Xxx Xxxxxx sell, assign and transfer
to Xxxxx X. de la Motte: (1) the full and exclusive right to the invention in
the United States and its territorial possessions and in all foreign countries,
and (2) the entire right, title and interest in and to any and all Patents or
other intellectual property which may be granted therefor in the United States
and its territorial possessions, in any and all foreign countries, and in and to
any and all divisions, reissues, continuations, continuations-in-part and
extensions thereof.
I hereby authorize and request the U.S. Patent and Trademark
Office, the U.S. Copyright Office and any and all foreign countries to issue any
and all of the Patents, Copyrights or other intellectual property, when granted,
to Xxxxx X. de la Motte, as the assignee of my entire right, title and interest
in and to the same, for the sole use of Xxxxx X. de la Motte, his successors and
assigns.
Further, I agree that I will communicate to Xxxxx X. de la
Motte any facts known to me respecting the invention, and testify in any legal
proceeding, sign all lawful papers, execute all divisional, continuation,
substitution, renewal and reissue applications, execute all necessary assignment
papers to cause any and all of the Patents to be issued to Xxxxx X. de la Motte,
make all rightful oaths and generally do everything possible to aid Xxxxx X. de
la Motte, his successors and assigns, to obtain and enforce proper protection
for said invention in the United States and in any and all foreign countries.
Date: April 15, 1999 /s/ Xxx Xxxxxx
--------------------
Xxx Xxxxxx
Witness:
/s/ Xxxxx Xxxxxx
(Name)
00000 X. Xxxx Xxxx
(Xxxxxxx)
Xxxxxx, XX 00000
(City, State)
ASSIGNMENT
WHEREAS, I, Xxxxx Xxxxxxxxxxx, of 00000 X.X. Xxxxxxxx Xxxxx,
Xxxxxxxx, Xxxxxx 00000, helped develop or may have invented certain improvements
in and/or features of a technology presently marketed under the trademark
PROJECT HARVEST (the improvements and features referred to collectively as the
"invention") and which are the object of the following patent applications:
Patent Applications
-------------------------- --------------------------------------------------------------- ---------------------------
Patent App. No. Title of Invention Priority Date
-------------------------- --------------------------------------------------------------- ---------------------------
08/745,196 METHOD AND SYSTEM FOR FACILITATING SELECTING, ORDERING November 9, 1995
AND PURCHASING OF PRODUCTS
-------------------------- --------------------------------------------------------------- ---------------------------
08/879,384 ELECTRONIC HOME SHOPPING SYSTEM AND METHOD November 9, 1995;
June 20, 1997
-------------------------- --------------------------------------------------------------- ---------------------------
to be assigned RATING SYSTEM FOR ALLOWING ELECTRONIC TRADE OF PRODUCTS November 9, 1999;
June 20, 1997
-------------------------- --------------------------------------------------------------- ---------------------------
-------------------------- --------------------------------------------------------------- ---------------------------
PCT Patent App. No. Title of Invention Priority Date
-------------------------- --------------------------------------------------------------- ---------------------------
PCT/US96/18133 METHOD AND SYSTEM FOR FACILITATING, SELECTING, ORDERING & November 9, 1995
PURCHASING OF PRODUCTS
-------------------------- --------------------------------------------------------------- ---------------------------
WHEREAS, Xxxxx X. de la Motte, of Tigard, Oregon, is desirous
of acquiring any rights Xxxxx Xxxxxxxxxxx may have in the invention:
NOW, THEREFORE, for good and valuable consideration, the
receipt of which is hereby acknowledged, I, Xxxxx Xxxxxxxxxxx sell, assign and
transfer to Xxxxx X. de la Motte: (1) the full and exclusive right to the
invention in the United States and its territorial possessions and in all
foreign countries, and (2) the entire right, title and interest in and to any
and all Patents or other intellectual property which may be granted therefor in
the United States and its territorial possessions, in any and all foreign
countries, and in and to any and all divisions, reissues, continuations,
continuations-in-part and extensions thereof.
I hereby authorize and request the U.S. Patent and Trademark
Office, the U.S. Copyright Office and any and all foreign countries to issue any
and all of the Patents, Copyrights or other intellectual property, when granted,
to Xxxxx X. de la Motte, as the assignee of my entire right, title and interest
in and to the same, for the sole use of Xxxxx X. de la Motte, his successors and
assigns.
Further, I agree that I will communicate to Xxxxx X. de la
Motte any facts known to me respecting the invention, and testify in any legal
proceeding, sign all lawful papers, execute all divisional, continuation,
substitution, renewal and reissue applications, execute all necessary assignment
papers to cause any and all of the Patents to be issued to Xxxxx X. de la Motte,
make all rightful oaths and generally do everything possible to aid Xxxxx X. de
la Motte, his successors and assigns, to obtain and enforce proper protection
for said invention in the United States and in any and all foreign countries.
Date: April 15, 1999 /s/ Xxxxx Xxxxxxxxxxx
------------------------
Xxxxx Xxxxxxxxxxx
Witness:
/s/ Xxx Xxxxxx
---------------------
(Name)
0000 X.X. 151st Avenue
---------------------
(Address)
Xxxxxxxxx, XX 00000
---------------------
(City, State)
ASSIGNMENT
WHEREAS, I, Xxxxx Xxxxxx, of 00000 Xxxxx Xxxx Xxxx, Xxxxxx,
Xxxxxx 00000, helped develop or may have invented certain improvements in and/or
features of a technology presently marketed under the trademark PROJECT HARVEST
(the improvements and features referred to collectively as the "invention") and
which are the object of the following patent applications: Patent Applications
-------------------------- --------------------------------------------------------------- ---------------------------
Patent App. No. Title of Invention Priority Date
-------------------------- --------------------------------------------------------------- ---------------------------
08/745,196 METHOD AND SYSTEM FOR FACILITATING SELECTING, ORDERING November 9, 1995
AND PURCHASING OF PRODUCTS
-------------------------- --------------------------------------------------------------- ---------------------------
08/879,384 ELECTRONIC HOME SHOPPING SYSTEM AND METHOD November 9, 1995;
June 20, 1997
-------------------------- --------------------------------------------------------------- ---------------------------
to be assigned RATING SYSTEM FOR ALLOWING ELECTRONIC TRADE OF PRODUCTS November 9, 1999;
June 20, 1997
-------------------------- --------------------------------------------------------------- ---------------------------
-------------------------- --------------------------------------------------------------- ---------------------------
PCT Patent App. No. Title of Invention Priority Date
-------------------------- --------------------------------------------------------------- ---------------------------
PCT/US96/18133 METHOD AND SYSTEM FOR FACILITATING, SELECTING, ORDERING & November 9, 1995
PURCHASING OF PRODUCTS
-------------------------- --------------------------------------------------------------- ---------------------------
WHEREAS, Xxxxx X. de la Motte, of Tigard, Oregon, is desirous
of acquiring any rights Xxxxx Xxxxxx may have in the invention:
NOW, THEREFORE, for good and valuable consideration, the
receipt of which is hereby acknowledged, I, Xxxxx Xxxxxx sell, assign and
transfer to Xxxxx X. de la Motte: (1) the full and exclusive right to the
invention in the United States and its territorial possessions and in all
foreign countries, and (2) the entire right, title and interest in and to any
and all Patents or other intellectual property which may be granted therefor in
the United States and its territorial possessions, in any and all foreign
countries, and in and to any and all divisions, reissues, continuations,
continuations-in-part and extensions thereof.
I hereby authorize and request the U.S. Patent and Trademark
Office, the U.S. Copyright Office and any and all foreign countries to issue any
and all of the Patents, Copyrights or other intellectual property, when granted,
to Xxxxx X. de la Motte, as the assignee of my entire right, title and interest
in and to the same, for the sole use of Xxxxx X. de la Motte, his successors and
assigns.
Further, I agree that I will communicate to Xxxxx X. de la
Motte any facts known to me respecting the invention, and testify in any legal
proceeding, sign all lawful papers, execute all divisional, continuation,
substitution, renewal and reissue applications, execute all necessary assignment
papers to cause any and all of the Patents to be issued to Xxxxx X. de la Motte,
make all rightful oaths and generally do everything possible to aid Xxxxx X. de
la Motte, his successors and assigns, to obtain and enforce proper protection
for said invention in the United States and in any and all foreign countries.
Date: April 15, 1999 /s/ Xxxxx Xxxxxx
--------------------------
Xxxxx Xxxxxx
Witness:
/s/ Xxxxx Xxxxxxxxxxx
---------------------
(Name)
00000 X.X. Xxxxxxxx Xxxxx
---------------------
(Address)
Xxxxxxxx, XX 00000
---------------------
(City, State)
ASSIGNMENT
WHEREAS, I, Xxxxx X. Xxxxxx, of 0000 00xx Xxxxxx, Xxxx Xxxx,
XX 00000, helped develop or may have invented certain improvements in and/or
features of a technology presently marketed under the trademark PROJECT HARVEST
(the improvements and features referred to collectively as the "invention") and
which are the object of the following patent applications: Patent Applications
-------------------------- --------------------------------------------------------------- ---------------------------
Patent App. No. Title of Invention Priority Date
-------------------------- --------------------------------------------------------------- ---------------------------
08/745,196 METHOD AND SYSTEM FOR FACILITATING SELECTING, ORDERING November 9, 1995
AND PURCHASING OF PRODUCTS
-------------------------- --------------------------------------------------------------- ---------------------------
08/879,384 ELECTRONIC HOME SHOPPING SYSTEM AND METHOD November 9, 1995;
June 20, 1997
-------------------------- --------------------------------------------------------------- ---------------------------
to be assigned RATING SYSTEM FOR ALLOWING ELECTRONIC TRADE OF PRODUCTS November 9, 1999;
June 20, 1997
-------------------------- --------------------------------------------------------------- ---------------------------
-------------------------- --------------------------------------------------------------- ---------------------------
PCT Patent App. No. Title of Invention Priority Date
-------------------------- --------------------------------------------------------------- ---------------------------
PCT/US96/18133 METHOD AND SYSTEM FOR FACILITATING, SELECTING, ORDERING & November 9, 1995
PURCHASING OF PRODUCTS
-------------------------- --------------------------------------------------------------- ---------------------------
WHEREAS, Xxxxx X. de la Motte, of Tigard, Oregon, is desirous
of acquiring any rights Xxxxx Xxxxxxxxxxx may have in the invention:
NOW, THEREFORE, for good and valuable consideration, the
receipt of which is hereby acknowledged, I, Xxxxx Xxxxxxxxxxx sell, assign and
transfer to Xxxxx X. de la Motte: (1) the full and exclusive right to the
invention in the United States and its territorial possessions and in all
foreign countries, and (2) the entire right, title and interest in and to any
and all Patents or other intellectual property which may be granted therefor in
the United States and its territorial possessions, in any and all foreign
countries, and in and to any and all divisions, reissues, continuations,
continuations-in-part and extensions thereof.
I hereby authorize and request the U.S. Patent and Trademark
Office, the U.S. Copyright Office and any and all foreign countries to issue any
and all of the Patents, Copyrights or other intellectual property, when granted,
to Xxxxx X. de la Motte, as the assignee of my entire right, title and interest
in and to the same, for the sole use of Xxxxx X. de la Motte, his successors and
assigns.
Further, I agree that I will communicate to Xxxxx X. de la
Motte any facts known to me respecting the invention, and testify in any legal
proceeding, sign all lawful papers, execute all divisional, continuation,
substitution, renewal and reissue applications, execute all necessary assignment
papers to cause any and all of the Patents to be issued to Xxxxx X. de la Motte,
make all rightful oaths and generally do everything possible to aid Xxxxx X. de
la Motte, his successors and assigns, to obtain and enforce proper protection
for said invention in the United States and in any and all foreign countries.
Date: April 15, 1999 /s/ Xxxxx X. Xxxxxx
-------------------------------------- ---------------------------
Xxxxx X. Xxxxxx
Witness:
/s/ Xxx Xxxxxx
---------------------
(Name)
0000 X.X. 151st Avenue
---------------------
(Address)
Xxxxxxxxx, XX 00000
---------------------
(City, State)
