Exhibit 10.4

 

EXECUTION

 

SECURITY AGREEMENT SUPPLEMENT

 

This SECURITY AGREEMENT SUPPLEMENT, dated January 10, 2017, is delivered by the
entities set forth on Schedule A hereof (collectively the “Grantors” and each a
“Grantor”) pursuant to the Security Agreement, dated as of January 29, 2015 (as
it may be from time to time amended, restated, modified or supplemented, the
“Security Agreement”), among Marathon Patent Group, Inc., the Grantors and DBD
Credit Funding LLC, as the Collateral Agent.  Capitalized terms used herein not
otherwise defined herein shall have the meanings ascribed thereto in the
Security Agreement.

 

Each Grantor hereby grants and confirms the grant to Collateral Agent set forth
in the Security Agreement of, and does hereby grant to Collateral Agent, a
security interest in all of such Grantor’s right, title and interest in and to
all Collateral owned by such Grantor to secure the Secured Obligations, in each
case whether now or hereafter existing or in which such Grantor now has or
hereafter acquires an interest and wherever the same may be located and
specifically, without limitation, grants to the Collateral Agent a security
interest in all of such Grantor’s right, title and interest in the Commercial
Tort Claims referenced on the amended Schedule 4.5 to the Security Agreement. 
Each of the Grantors represent and warrant to Collateral Agent and each other
Secured Party that the attached Supplements(1) to Schedules accurately and
completely set forth all additional information required pursuant to the
Security Agreement and hereby agrees that such Supplements to Schedules shall
constitute part of the Schedules to the Security Agreement.

 

IN WITNESS WHEREOF, Grantors have caused this Security Agreement Supplement to
be duly executed and delivered by its duly authorized officer as of the date
written above.

 

[Signature Page Follows]

 

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(1)  Supplemental schedules to be attached

 

--------------------------------------------------------------------------------

 

 

Motheye Technologies, LLC

 

Synchronicity IP LLC

 

Traverse Technologies

 

Orthophoenix, LLC

 

Vermilion Participations(2)

 

Munitech IP Sarl

 

Marathon Ventures Sarl

 

Nyanza Properties(3)

 

Marathon IP GmbH

 

MedTech Development Deutschland GmbH

 

Synchronicity IP GmbH

 

TLI Communications GmbH

 

Magnus IP GmbH

 

3D Nanocolor Corp

 

Bismarck IP Inc.

 

 

 

 

 

 

By: Doug Croxall

 

Title: Chief Executive Officer

 

--------------------------------------------------------------------------------

(2)  Name to be changed to Marathon Advisors SA

(3)  Name to be changed to PG Technologies S.a.r.l.

 

--------------------------------------------------------------------------------

 

SUPPLEMENTAL SCHEDULE 4.1
TO SECURITY AGREEMENT

 

GRANTOR CORPORATE INFORMATION

 

Full Legal Name

 

Name in the
past five
years

 

Type of
Organization

 

State of
Incorporation/formation

 

Jurisdiction where the
chief executive office or
its sole place of
business is, and for the
one-year period
preceding the date
hereof has been,
located

Motheye Technologies, LLC

 

MPGV-TX III, LLC

 

LLC

 

Texas

 

California

Sychronicity IP LLC

 

None

 

LLC

 

Texas

 

California

Traverse Technologies Corp.

 

TQP Acquisition Corp.

 

Corporation

 

Texas

 

California

Orthophoenix, LLC

 

None

 

LLC

 

Delaware

 

California

Vermilion Participations(4)

 

None

 

S.a.r.l

 

Luxembourg

 

California

Munitech IP S.a.r.l.

 

None

 

S.a.r.l

 

Luxembourg

 

California

Marathon Ventures S.a.r.l.

 

None

 

S.a.r.l

 

Luxembourg

 

California

Nyanza Properties(5)

 

None

 

S.a.r.l

 

Luxembourg

 

California

Marathon IP GmbH

 

None

 

GmbH

 

Germany

 

California

MedTech Development Deutschland Gmbh

 

None

 

Corporation

 

Germany

 

California

Sychronicity IP GmbH

 

None

 

Corporation

 

Germany

 

California

TLI Communications GmbH

 

None

 

Corporation

 

Germany

 

California

Magnus IP GmbH

 

None

 

GmbH

 

Germany

 

California

3D Nanocolor Corp.

 

None

 

Corporation

 

Delaware

 

California

Bismarck IP Inc.

 

None

 

Corporation

 

Delaware

 

California

 

--------------------------------------------------------------------------------

(4)  Name to be changed to Marathon Advisors SA

 

(5)  Name to be changed to PG Technologies S.a.r.l.

 

--------------------------------------------------------------------------------

 

SUPPLEMENTAL SCHEDULE 4.2
TO SECURITY AGREEMENT

 

INVESTMENT RELATED PROPERTY

 

None

 

--------------------------------------------------------------------------------

 

 

SUPPLEMENTAL SCHEDULE 4.3
TO SECURITY AGREEMENT

 

DESCRIPTION OF LETTERS OF CREDIT

 

None

 

--------------------------------------------------------------------------------

 

SUPPLEMENTAL SCHEDULE 4.4
TO SECURITY AGREEMENT

 

INTELLECTUAL PROPERTY

 

Subsidiary

 

Defendant

 

Date of Executed SLA

Medtech

 

JOLINE

 

10/26/16

OrthoPhoenix

 

JOLINE

 

10/26/16

TLI GMBH

 

Yahoo! Inc.

 

10/26/16

TLI GMBH

 

Tumblr Inc.

 

10/26/16

Magnus IP

 

Will Rossellini

 

09/29/16

OrthoPhoenix

 

Osteofix, LLC

 

06/01/16

Signal/Loopback

 

Kia Motors Corp

 

05/20/16

Signal/Loopback

 

Hyundai Motor Company

 

05/20/16

Medtech

 

Stryker Corporation

 

05/05/16

OrthoPhoenix

 

Stryker Corporation

 

05/05/16

Signal/Loopback

 

Nissan North America, Inc.

 

05/02/16

Signal/Loopback

 

Mercedes-Benz USA

 

04/25/16

OrthoPhoenix

 

Dfine, Inc

 

04/19/16

Dynamic

 

Apple, Inc

 

04/18/16

Signal/Loopback

 

Mazda Motor of America Inc

 

04/14/16

OrthoPhoenix

 

Wright Medical Technology Inc.

 

04/05/16

TLI Communications

 

Snapchat, Inc

 

04/04/16

TLI GMBH

 

Snapchat, Inc

 

04/04/16

OrthoPhoenix

 

Globus Medical, Inc

 

03/31/16

OrthoPhoenix

 

Neurotherm, Inc

 

03/31/16

OrthoPhoenix

 

Maxxspine Limited

 

03/31/16

Signal/Loopback

 

Ford Motor Company

 

03/17/16

Signal/Loopback

 

Honda

 

03/17/16

Signal/Loopback

 

Subaru of America, Inc

 

02/17/16

OrthoPhoenix

 

Titanium2Bone, Inc (Maxxspine sub)

 

02/09/16

OrthoPhoenix

 

Maxxspine Limited

 

12/31/15

OrthoPhoenix

 

Globus Medical, Inc

 

12/31/15

OrthoPhoenix

 

Neurotherm, Inc

 

12/31/15

 

--------------------------------------------------------------------------------

 

Signal/Loopback

 

Volkswagen Group of America, Inc.

 

12/15/15

TLI Communications

 

Facebook, Inc

 

12/09/15

TLI Communications

 

Twitter, Inc

 

12/09/15

TLI Communications

 

Instagram

 

12/09/15

TLI Communications

 

Dropbox

 

12/09/15

TLI Communications

 

Samsung

 

12/09/15

TLI GMBH

 

Facebook, Inc

 

12/09/15

TLI GMBH

 

Twitter, Inc

 

12/09/15

TLI GMBH

 

Instagram

 

12/09/15

TLI GMBH

 

Dropbox

 

12/09/15

TLI GMBH

 

Samsung

 

12/09/15

TLI GMBH

 

Google, Inc

 

12/04/15

IP Liquidity

 

Schrader-Bridgeport International Inc.

 

11/15/15

Selene

 

Trend Micro Incorporated

 

11/09/15

Selene

 

Fluke Electronics/Netscout Systems

 

11/04/15

OrthoPhoenix

 

Globus Medical, Inc

 

09/30/15

OrthoPhoenix

 

Neurotherm, Inc

 

09/30/15

IP Liquidity

 

TRW Automotive

 

09/23/15

OrthoPhoenix

 

J&J/Deputy Synths Products, Inc

 

09/22/15

OrthoPhoenix

 

Osseon LLC

 

09/17/15

Sampo

 

Twitter, Inc

 

09/10/15

OrthoPhoenix

 

J&J/Deputy Synths Products, Inc

 

09/01/15

Clouding

 

ATT Corp

 

08/24/15

TLI GMBH

 

Apple, Inc

 

08/17/15

TLIF

 

Biomet, Inc.

 

08/12/15

Signal/Loopback

 

Porsche Cars North America

 

08/03/15

Cyberfone

 

Ricoh Company

 

07/14/15

Signal/Loopback

 

Mitsubishi Motors North America

 

07/10/15

Medtech

 

Maxxspine Limited

 

07/01/15

OrthoPhoenix

 

Maxxspine Limited

 

07/01/15

Selene

 

Thomson Reuters

 

05/26/15

E2E

 

Nordstrom Inc

 

05/19/15

 

--------------------------------------------------------------------------------

 

Medtech

 

Direct Flow Medical

 

05/18/15

E2E

 

Crocs, Inc

 

05/05/15

E2E

 

Hallmark.com, LLC

 

05/04/15

Medtech

 

Joimax GmbH

 

04/28/15

OrthoPhoenix

 

Joimax GmbH

 

04/28/15

Vantage

 

MediaTek USA Inc

 

04/09/15

Vantage

 

Qualcomm Incorporated

 

04/03/15

Sarif

 

Varian Medical Systems Inc

 

04/02/15

Selene

 

EMC Corporaiton

 

04/01/15

Signal/Loopback

 

Jaguar Land Rover North America LLC

 

04/01/15

Vantage

 

Texas Instruments Inc

 

03/30/15

Vantage

 

Kyocera Communications Inc

 

03/24/15

Clouding

 

Dropbox, Inc

 

03/19/15

Vantage

 

Dropbox, Inc

 

03/18/15

OrthoPhoenix

 

Ascendx Spine Inc

 

03/09/15

Selene

 

Reed Elsevier

 

03/09/15

Signal/Loopback

 

Volvo Cars of North
America, LLC

 

02/27/15

Vantage

 

Amazon.com, Inc

 

02/23/15

Vantage

 

Broadcom Corp

 

02/23/15

Vantage

 

HTC Corp

 

02/23/15

Vantage

 

Huawei Technologies

 

02/23/15

Vantage

 

Microsoft Corp.

 

02/23/15

Vantage

 

NEC Corp

 

02/23/15

Vantage

 

Samsung Electronics Co

 

02/23/15

Vantage

 

Apple Inc

 

02/23/15

Vantage

 

Panasonic Corp

 

02/23/15

Vantage

 

Sharp Corp

 

02/23/15

Vantage

 

Box, Inc

 

02/23/15

Vantage

 

Google Inc

 

02/23/15

Vantage

 

SugarSync, Inc

 

02/10/15

Selene

 

Alert Logic Inc

 

01/29/15

Medtech

 

Optimed Medizinische GmBH

 

01/28/15

OrthoPhoenix

 

Optimed Medizinische GmBH

 

01/28/15

 

--------------------------------------------------------------------------------

 

TLI Communications

 

Smugmug, Inc

 

01/14/15

Medtech

 

Argomedical GmBH

 

01/13/15

OrthoPhoenix

 

Argomedical GmBH

 

01/13/15

TLI Communications

 

Photobucket.com, Inc

 

01/13/15

Sarif

 

Accuray Inc

 

01/06/15

TLIF

 

Alphatec Holdings, Inc

 

01/02/15

TLI Communications

 

WHI, Inc

 

12/31/14

CRFD

 

Akamai

 

11/16/14

TLIF

 

LDR Holding Corp

 

11/14/14

Vantage

 

Viewsonic

 

11/14/14

Clouding

 

CA Inc

 

10/30/14

Selene

 

Monster Worldwide

 

10/29/14

Relay

 

Adtran

 

10/02/14

Clouding

 

Amazon

 

09/30/14

Clouding

 

Citrix

 

09/30/14

Clouding

 

Google

 

09/30/14

Clouding

 

HP

 

09/30/14

Clouding

 

Rackspace

 

09/30/14

Clouding

 

SAP

 

09/30/14

Clouding

 

Verizon

 

09/30/14

Selene

 

Barracuda Networks, Inc.

 

09/30/14

Selene

 

Google Inc.

 

09/30/14

Selene

 

Hewlett-Packard Company

 

09/30/14

Selene

 

Juniper Networks, Inc.

 

09/30/14

Selene

 

LinkedIn Corporation

 

09/30/14

Selene

 

Extreme Networks, Inc. - Enterasys Networks, Inc.

 

09/30/14

Selene

 

McAfee Inc.

 

09/30/14

Selene

 

Oracle Corporation

 

09/30/14

Selene

 

Verizon Communications, Inc.

 

09/30/14

Selene

 

Dell Inc.

 

09/30/14

Selene

 

Rackspace US Inc.

 

09/30/14

Selene

 

Cisco Systems, Inc.

 

09/30/14

Selene

 

Riverbed Technology

 

07/28/14

Cyberfone

 

Toshiba

 

07/15/14

 

--------------------------------------------------------------------------------

 

Cyberfone

 

Mitsubishi

 

07/11/14

CRFD

 

Limelight

 

07/08/14

Sampo

 

Tibco

 

07/02/14

Sampo

 

Intuit

 

07/02/14

Selene

 

Fortinet

 

06/30/14

IP Liquidity

 

Microsoft

 

06/16/14

Cyberfone

 

Konica Minolta

 

06/09/14

CRFD

 

Amazon

 

05/06/14

CRFD

 

Cox

 

05/06/14

CRFD

 

CSC/Cablevision

 

05/06/14

CRFD

 

DirecTV

 

05/06/14

CRFD

 

F5 Networks

 

05/06/14

CRFD

 

Time Warner

 

05/06/14

CRFD

 

Verizon

 

05/06/14

Cyberfone

 

Vizio

 

04/21/14

Vantage

 

WaCom

 

04/10/14

Cyberfone

 

UPS/Ingenico

 

03/31/14

Relay

 

Allied Telesis Holdings

 

03/13/14

Relay

 

Avaya, Inc

 

03/13/14

Relay

 

Bloomberg LP

 

03/13/14

Relay

 

Brocade

 

03/13/14

Relay

 

BT Group PLC

 

03/13/14

Relay

 

Cablevision/CSC Holdings

 

03/13/14

Relay

 

Cisco Systems, Inc

 

03/13/14

Relay

 

Enterasys Networks, Inc

 

03/13/14

Relay

 

Extreme Networks, Inc

 

03/13/14

Relay

 

Hewlett-Packard Company

 

03/13/14

Relay

 

Juniper Networks, Inc

 

03/13/14

Relay

 

Savvis Inc

 

03/13/14

Relay

 

Securities Industry Automation

 

03/13/14

Relay

 

Sprint Nextel Corporation

 

03/13/14

Relay

 

Thomsons Reuters Finance Company

 

03/13/14

Relay

 

BATS Trading, Inc

 

03/13/14

Relay

 

CBOE Holdings Inc

 

03/13/14

 

--------------------------------------------------------------------------------

 

Relay

 

Direct Edge ECN LLC

 

03/13/14

Relay

 

Factset Research Systems, Inc

 

03/13/14

Relay

 

LEK Securities Corp

 

03/13/14

Relay

 

The Nasdaq OMX Group Inc

 

03/13/14

Relay

 

Trading Technologies International Inc

 

03/13/14

Relay

 

Transaction Network Services, Inc

 

03/13/14

Sampo

 

Blackboard

 

03/13/14

Sampo

 

Salesforce

 

03/13/14

Sampo

 

Linkedin

 

03/13/14

Sampo

 

Ebay

 

03/13/14

Sampo

 

Amazon

 

03/13/14

Sampo

 

Facebook

 

03/13/14

Relay

 

Zhone

 

12/22/13

Cyberfone

 

Alcatel-Lucent

 

12/11/13

Cyberfone

 

Audiocodes

 

12/10/13

Cyberfone

 

Memorex

 

10/30/13

Cyberfone

 

Verifone

 

10/29/13

Relay

 

Huawei

 

09/30/13

Cyberfone

 

Nintendo

 

09/11/13

Sampo

 

Rally Dev

 

08/08/13

Cyberfone

 

ZTE

 

07/23/13

Relay

 

D-Link Corporation

 

07/23/13

Sampo

 

Hyperoffice

 

07/17/13

Sampo

 

Jive

 

07/01/13

Cyberfone

 

Equinox

 

06/19/13

Cyberfone

 

Denon

 

05/20/13

Cyberfone

 

Siemens

 

05/06/13

 

--------------------------------------------------------------------------------

 

SUPPLEMENTAL SCHEDULE 4.5
TO SECURITY AGREEMENT

 

COMMERCIAL TORT CLAIMS

 

Set forth below is a list of all current outstanding patent litigations:

 

Marathon Subsidiary

 

Primary

 

Defendant

 

District

 

Date of Complaint

Clouding

 

1-14-cv-01178

 

EMC Corp/VMware

 

DED

 

9/10/2014

CRFD Research

 

14-cv-00315

 

Spotify

 

DED

 

3/7/2014

CRFD Research

 

14-cv-00314

 

Netflix

 

DED

 

3/7/2014

CRFD Research

 

14-cv-00313

 

Hulu

 

DED

 

3/7/2014

CRFD Research

 

1-14-cv-00064

 

Dish

 

DED

 

1/17/2014

Medtech

 

21 O 12841/14

 

ulrich GmbH & Co. KG

 

Munich District Court

 

7/4/2014

Medtech

 

21 O 12838/14

 

SAM, G-21 s.r.l.

 

Munich District Court

 

7/4/2014

Medtech

 

21 O 16081/14

 

SAM, G-21 s.r.l.

 

Munich District Court

 

7/4/2014

Signal

 

2-15-cv-05162

 

Toyota North America, Inc. / Toyota Motor Sales, USA, Inc.

 

CDCAL

 

7/8/2015

Signal

 

2-14-cv-13864

 

Fiat / Chrysler

 

EDMI

 

4/23/2014

TLI Communications GMBH

 

7 O 20976/15

 

Box.com (UK) Ltd.

 

Munich District Court

 

11/12/2015

TLI Communications GMBH

 

7 O 20528/15

 

Box, Inc

 

Munich District Court

 

11/12/2015

 

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