INTELLECTUAL PROPERTY SECURITY AGREEMENTIntellectual Property Security Agreement • April 3rd, 2024 • Asensus Surgical, Inc. • Surgical & medical instruments & apparatus • New York
Contract Type FiledApril 3rd, 2024 Company Industry JurisdictionThis INTELLECTUAL PROPERTY SECURITY AGREEMENT (this “Agreement”) is entered into as of April 3, 2024, by and among Asensus Surgical, Inc., a Delaware corporation, formerly known as TransEnterix, Inc. (“Asensus”), Asensus Surgical US, Inc., a Delaware corporation, formerly known as TransEnterix Surgical, Inc. (“Asensus US”), Asensus Surgical Europe S.à r.l., a Luxembourg société à responsabilité limitée formerly known as TransEnterix Europe S.à r.l. (“Asensus Europe”), and Asensus Surgical Italia S.r.l., an Italian società a responsabilità limitata formerly known as TransEnterix Italia S.r.l. (“Asensus Italia,” together with Asensus, Asensus US, and Asensus Europe, individually and collectively, “Grantor”), on the one hand, and Karl Storz SE & CO. KG, a Kommanditgesellschaft organized under the laws of Germany (“Grantee”), on the other hand.