0001116502-08-000533 Sample Contracts

PATENT PURCHASE AGREEMENT
Patent Purchase Agreement • March 27th, 2008 • Payment Data Systems Inc • Functions related to depository banking, nec • Delaware

This PATENT PURCHASE AGREEMENT (this “Agreement”) is entered into, as of the Effective Date (defined below), by and between Payment Data Systems, Inc., a Nevada corporation, with an office at 12500 San Pedro, Ste 120, San Antonio, TX 78216 (“Seller”) and PCT Software Data, LLC, a Delaware limited liability company, with an address 1209 Orange Street, Wilmington, DE 19801 (“Purchaser”). The parties hereby agree as follows:

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