0001309014-09-000313 Sample Contracts

Zumtobel and Philips sign comprehensive cross licensing agreement
Cross Licensing Agreement • May 8th, 2009 • Koninklijke Philips Electronics Nv • Electronic & other electrical equipment (no computer equip)

New York, United States –The Zumtobel Group of Austria and Royal Philips Electronics of The Netherlands have concluded a comprehensive, worldwide, cross licensing agreement for current and future patent rights in the fields of lighting electronics and solid state lighting. The agreement mainly covers driver and control technologies for changing intensity and color of conventional and solid state lighting systems. A mutual compensation scheme reflects the technology strengths of both parties in the lighting market. A core component of the agreement is the Philips LED-based luminaires licensing program introduced in 2008.

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