Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 23

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 23
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 may be unable or may not seek to obtain patent protection for this technology.
The existing US legal standards relating to the validity, enforceability and scope of protection of intellectual property rights offer
only limited protection, may not provide us with any competitive advantages, and may be challenged by third parties. The laws of countries
other than US may be even less protective of intellectual property rights. Accordingly, despite our efforts, we may be unable to prevent
third parties from infringing upon or misappropriating our intellectual property or otherwise gaining access to our technology. Unauthorized
third parties may try to copy or reverse engineer our products or portions of our products or otherwise obtain and use our intellectual
property. Many of our employees have access to our trade secrets and other intellectual property. If one or more of these employees leave
the Company and will be employed by one of our competitors, then they may disseminate proprietary information, which may as a result damage
our competitive position. If we fail to protect our intellectual property and other proprietary rights, then our business, results of
operations or financial condition could be materially harmed. From time to time, we may have to initiate lawsuits to protect our intellectual
property and other proprietary rights. Pursuing these claims is time consuming and expensive and could adversely impact our results of
operations.

In addition, affirmatively
defending our intellectual property rights and investigating whether we are pursuing a product or service development that may violate
the rights of others may entail significant expense. Any of our intellectual property rights may be challenged by others or invalidated
through administrative processes or litigation. If we resort to legal proceedings to enforce our intellectual property rights or to determine
the validity and scope of the intellectual property or other proprietary rights of others, then the proceedings could result in significant
expense to us and divert the attention and efforts of our management and technical employees, even if we prevail.

Obtaining and maintaining our patent protection
depends on compliance with various procedural, document submission, fee payment, and other requirements imposed by governmental patent
agencies, and our patent protection could be reduced or eliminated for non-compliance with these requirements.

The United States Patent and
Trademark Office, or USPTO, and various foreign national or international patent agencies require compliance with a number of procedural,
documentary, fee payment, and other similar provisions during the patent application process. Periodic maintenance fees on any issued
patent are due to be paid to the USPTO and various foreign national or international patent agencies in several stages over the lifetime
of the