Release of Security Interest in Patents Sample Contracts

RELEASE OF SECURITY INTEREST IN PATENTS
Release of Security Interest in Patents • July 7th, 2020 • Acacia Research Corp • Patent owners & lessors

WHEREAS, pursuant to that certain Patent Security Agreement (the “Patent Security Agreement”), dated as of June 4, 2020, and recorded in the United States Patent and Trademark Office at Reel 052853, Frame 0153, each Grantor on the signature pages hereto (each a "Releasee" and, together, the "Releasees") granted to Starboard Value Intermediate Fund LP ("Releasor"), as Collateral Agent for itself and various other financial institutions, a security interest in all right, title and interest of Releasee in and to the patents and patent applications listed on Schedule A attached hereto (the "Patents"); and

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