ASSIGNMENT OF INTELLECTUAL PROPERTY AGREEMENTAssignment of Intellectual Property Agreement • October 20th, 2016 • Powerverde, Inc. • Motors & generators • Florida
WHEREAS, pursuant to a Patent License Agreement between Assignor as Licensor and Epalex Corporation (“Epalex”) as Licensee dated as of July 11, 2011, as amended as of November 24, 2013 (the “License Agreement”), Assignor has granted to Epalex an exclusive license to commercialize certain products using the Licensed Technology (the “Licensed Products”) in exchange for certain consideration payable to or on behalf of Assignor; and
