ContractSettlement Agreement • May 5th, 2020 • Tennessee
Contract Type FiledMay 5th, 2020 JurisdictionEX-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
SETTLEMENT AND RELEASE AGREEMENTSettlement Agreement • August 11th, 2011 • Vicon Industries Inc /Ny/ • Communications equipment, nec • Tennessee
Contract Type FiledAugust 11th, 2011 Company Industry JurisdictionThis 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").