DSS wants to buy ID, and ID wants to sell to DSS all global patent rights, titles and interests (defined below) as outlined in this regulation. 2. The Zmittor authorizes, in each jurisdiction, the Patent Office or the relevant competent authority to issue all patents, certificates of invention, utility models or other administrative grants or issues that may be issued on one of the patents, on behalf of the agent, as a plenipotentiary, for the full interest they represent, to seize the agent as agent and owner of the patent. , and to refer to the attorney and lawyers, plenipotentiary, successor or receiver of transfer of the agent, all official documents and communications justified by this transfer. Agreement between the parties, has replaced any prior agreement, agreement or conditions of or establishes a standard, instrument, contract or other agreement to the 5.9 No waiver. If one of the parties does not enforce a clause in this agreement, it is not a waiver of the future application of that clause or another clause in this agreement or another agreement that may exist between the parties. extension or extension of a right granted. These obligations are disclosed in Appendix B. “Patents” are patents and patent applications, which are called “persons” in Schedule A [8], any natural or legal person.” “Purchase price” has the meaning defined in point 2.2.
[8] This provision is intended to clearly define the “patents” transferred to the patents listed in Schedule A. Please note that this includes the rights defined above in “Assigned Patent Rights”. 2) ASSIGNMENT OF PATENT RIGHTS; PURCHASE PRICE; DELIVErables REMARKS 2.1 Disposal (a) assignment of the patent rights sold. Subject to the terms of this contract and receipt of the purchase price in accordance with Section 2.2 by the applicable seller, which is effective from closing[9], it transfers and transmits to the purchaser all the rights, titles and interests of the seller to and on the patent rights transferred, which are subject to all charges and obligations [10]. After closing, at the re 2.6 ID BREVETS appropriate redemption rights. In the event that DSS does not take legal action, take legal action or initiate licensing activities, such as.B. Licensing discussions, as part of the monetization programs before the third (3rd anniversary of entry into force), ID, for a limited period of 60 (60) days from the launch date (the “Option Availability Period”), have the option to use patents purchased for the sum of US$3 million (US$3,000.00.00) buy back the DSS , net of any deductions, in accordance with the provisions of this agreement (“buyback option”).