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2 similar Settlement and Release Agreement contracts by Vicon Industries Inc /Ny/

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Settlement and Release Agreement • May 5th, 2020 • Tennessee

EX-10.1 2 settlementandreleaseagreem.htm SETTLEMENT AND RELEASE AGREEMENT EXHIBIT 10.1 SETTLEMENT AND RELEASE AGREEMENT This agreement ("Agreement") is dated and effective as of the 13th day of July 2011 ("Effective Date") and is entered into by and between Lectrolarm Custom Systems, Inc. and its successor-in-interest, HJS Enterprises, (a general partnership) ("Lectrolarm") on the one hand and Vicon Industries Inc. ("Vicon") on the other hand (collectively the "Parties"). RECITALS WHEREAS Lectrolarm is the owner of all rights, title and interest in U.S. Patent No. 4,974,088 entitled "Remote Control Apparatus for a Rotating Television Camera Base" which involves a programmable camera base remote control technology that is extensively used in surveillance, video-conferencing and pan/tilt/zoom camera control systems ("'088 Patent"); WHEREAS Vicon is engaged in the manufacture and sale of remote camera technology that involve pan, tilt, and zoom cameras that are alleged to violate the '088

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SETTLEMENT AND RELEASE AGREEMENT
Settlement and Release Agreement • August 11th, 2011 • Vicon Industries Inc /Ny/ • Communications equipment, nec • Tennessee

This agreement ("Agreement") is dated and effective as of the 13th day of July 2011 ("Effective Date") and is entered into by and between Lectrolarm Custom Systems, Inc. and its successor-in-interest, HJS Enterprises, (a general partnership) ("Lectrolarm") on the one hand and Vicon Industries Inc. ("Vicon") on the other hand (collectively the "Parties").

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