PATENT PURCHASE AGREEMENTPatent Purchase Agreement • March 27th, 2008 • Payment Data Systems Inc • Functions related to depository banking, nec • Delaware
Contract Type FiledMarch 27th, 2008 Company Industry JurisdictionThis 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: