0001144204-09-053757 Sample Contracts

NEOMEDIA AND SCANBUY REACH SETTLEMENT AND LICENSE AGREEMENT

And License Agreement • October 20th, 2009 • Neomedia Technologies Inc • Services-computer integrated systems design

• Contract Type
  And License Agreement
• Filed
  October 20th, 2009
• Company
  Neomedia Technologies Inc
• Industry
  Services-computer integrated systems design

ATLANTA/NEW YORK, October 20, 2009 – Today NeoMedia Technologies, Inc. (OTC BB: NEOM), and Scanbuy, Inc., leaders in mobile barcode technology, announced they have settled all pending litigation between the companies and have granted non-exclusive patent licenses to each other.

SETTLEMENT AND LICENSE AGREEMENT

Settlement and License Agreement • October 20th, 2009 • Neomedia Technologies Inc • Services-computer integrated systems design • Georgia

• Contract Type
  Settlement and License Agreement
• Filed
  October 20th, 2009
• Company
  Neomedia Technologies Inc
• Industry
  Services-computer integrated systems design
• Jurisdiction
  Georgia

This Settlement and License Agreement (“Agreement”), effective as of October 16, 2009 (“the Effective Date”), is entered into between NeoMedia Technologies, Inc., a Delaware corporation having a principal place of business at Two Concourse Parkway, Suite 500, Atlanta, GA 30328 (“NeoMedia”), and Scanbuy, Inc., a Delaware corporation having a principal place of business at 54 West 39th Street, New York, NY 10018 (“Scanbuy”) (together, “The Parties,” or individually, “Party”).