PATENT LICENSE AND SETTLEMENT AGREEMENTPatent License and Settlement Agreement • May 8th, 2024 • Immersion Corp • Computer peripheral equipment, nec • Delaware
Contract Type FiledMay 8th, 2024 Company Industry JurisdictionThis Patent License and Settlement Agreement (“Agreement”) is entered into by and between Immersion Corporation, a Delaware corporation with a place of business at 2999 N.E. 191st Street, Suite 610, Aventura, FL 33180 (“Immersion Corporation”) , and Immersion Software Ireland Limited, a company organized under the laws of Ireland with a place of business at 3RD Floor, Ulysses House, Foley Street, Dublin 1, D01 W2T2, Ireland (“Immersion Ireland,” together with Immersion Corporation, “Immersion”), on the one hand, and Meta Platforms, Inc. (formerly known as Facebook, Inc.), a Delaware corporation having a business address at 1 Meta Way, Menlo Park, CA 94025 (“Meta”). Immersion and Meta may each individually be referred to as a “Party” or collectively as the “Parties” in this Agreement. This Agreement is effective as of the latest date of execution by the Parties below (the “Effective Date”).