PARTIAL RELEASE OF INTELLECTUAL PROPERTY SECURITY AGREEMENTPartial Release of Intellectual Property Security Agreement • August 14th, 2013 • Dialogic Inc. • Services-computer integrated systems design
THIS PARTIAL RELEASE OF INTELLECTUAL PROPERTY SECURITY AGREEMENT (this “Release”) is made as of June 25, 2013 (the “Effective Date”) by OBSIDIAN , LLC, a Delaware limited liability company, as the agent and collateral agent (in such capacity, the “Collateral Agent”), for the benefit of DIALOGIC CORPORATI ON, a British Columbia corporation (the “Company”), DIALOGIC INC., a Delaware corporation (the “Parent”), and each of the Subsidiaries of the Company and the Parent identified under the caption “Subsidiary Grantors” in the Security Agreement dated September 28, 2006, and as amended and restated on October 1, 2010 (individually, a “Subsidiary Grantor” and, collectively, the “Subsidiary Grantors” and, together with the Company and the Parent, the “Obligors”), with respect to certain intellectual property pledged under the Security Agreement (as defined below).
