EXHIBIT 10(iii)
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ASSIGNMENT
FOR VALUE RECEIVED, I, Xxxx Xxxxxxxx, do hereby assign to SLS International,
Inc. ("SLS") all my right, title and interest in and to any and all inventions,
original works of authorship, developments, concepts, improvements, designs,
writings, correspondence, photographs, discoveries, ideas, trademarks or trade
secrets, whether or not patentable or registrable under copyright or similar
laws of the United States, its possessions and all other countries, relating to
new ribbon driver technology and membrane manufacturing technology invented,
developed and in the course of being further developed including all future
developments by me, at the request, cost and expense of SLS pursuant to
agreement between Xxxx Xxxxxxxx and Sound and Lighting Specialists, Inc.,
predecessor of SLS, dated February 24, 2000, it being my intention that this
assignment formally conveys all of my interest in the foregoing including all
information not specifically hereinabove set forth relating to such new ribbon
driver technology and manufacturing membrane technology.
I agree to assist SLS, or its designee, at its expense, in every proper way to
secure SLS's rights in the Inventions and any copyrights, patents, mask work
rights or other intellectual property rights relating thereto in any and all
countries, including the disclosure to SLS of all pertinent information and
data with respect thereto, the execution of all applications, specifications,
oaths, assignments and all other instruments which SLS shall deem necessary in
order to apply for and obtain such rights and in order to assign and convey to
SLS, its successors, assigns, and nominees, the sole and exclusive rights,
title and interest in and to such Inventions, and any copyrights, patents, mask
work rights or other intellectual property rights relating thereto. I further
agree that my obligation to execute or cause to be executed, when it is in my
power to do so, any such instrument or papers shall continue after the
execution hereof. If SLS is unable, because of my mental or physical
incapacity or for any other reason, to secure my signature to apply for or to
pursue any application for any United States or foreign patents or copyright
registrations covering Inventions or original works of authorship assigned to
SLS as above, then I hereby irrevocably designate and appoint SLS and its duly
authorized officers and agents as my agent and attorney in fact, to act for and
in my behalf and stead to execute and file any such applications and to do all
other lawfully permitted acts to further the prosecution and issuance of
letters patent or copyright registrations thereon with the same legal force and
effect as if executed by me.
Dated: November 9, 2000 /s/ Xxxx Xxxxxxxx
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Xxxx Xxxxxxxx
Acknowledgement
Canada
Province of Ontario
City of Toronto
On the 9th day of November, 2000, before me came Xxxx Xxxxxxxx, known to me to
be the person who executed the aforesaid assignment and he duly acknowledged to
me that he executed the same.
/s/ Notary Public
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Notary Public
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