Document:

exh_10-50.htm

EXHIBIT 10.50

FOURTH AMENDED AND RESTATED GUARANTY

FOURTH AMENDED AND RESTATED GUARANTY dated as of December 22, 2011 made by the undersigned (individually, or if more than one, collectively, the “Guarantor”) in favor of JPMorgan Chase Bank, N.A., and/or any of its subsidiaries or affiliates (individually or collectively, as the context may require, the “Bank”).

PRELIMINARY STATEMENTS:  The Bank has entered, or may from time to time enter, into agreements or arrangements with Avistar Communications Corporation, a Delaware corporation (the “Borrower”), providing for credit extensions or financial accommodation to the Borrower of any kind whatsoever including, without limitation, the making of loans, advances or overdrafts, whether or not secured, discount or purchase of notes, securities or other instruments or property, creation of acceptances, issuance or confirmation of letters of credit, guaranties or indemnities, entering into foreign exchange or precious metals contracts or interest rate or currency swap or protection agreements, entering into any other derivative transactions under any ISDA Master Agreement or similar agreements between the Bank and the Borrower, or any other kind of lease, contract or agreement under which the Borrower may be indebted to the Bank in any manner (all of the foregoing agreements or arrangements being the “Facilities” and any writing or record evidencing, supporting, securing, or delivered in connection with a Facility, including but not limited to this Guaranty, and including as may subsequently be renewed, extended, amended,  modified, substituted and/or replaced, being a “Facility Document”).

THEREFORE, in order to induce the Bank to extend credit or give financial accommodation under the Facilities, the Guarantor agrees (and if more than one, jointly and severally agrees) as follows:

Amendment and Restatement.  This Guaranty amends and restates in its entirety the Third Amended and Restated Guaranty dated as of March 29, 2011, as amended, by which the Guarantors, jointly and severally, guaranteed, among other things, the Borrower’s obligations to the Bank under that certain Second Amended and Restated Revolving Credit Promissory Note (Libor/Prime) dated as of December 22, 2009, by the Borrower to the order of the Bank, as amended, restated or otherwise modified from time to time.

Guaranty of Payments.  For value received and in consideration of the Facilities extended by the Bank the Guarantor unconditionally and irrevocably guarantees to the Bank (a) performance and observance of every agreement and condition contained in any Facility Document to be performed or observed by the Borrower, and (b) payment of all sums now owing or which may in the future be owing by the Borrower under the Facilities, when the same are due and payable, whether on demand, at stated maturity, by acceleration or otherwise, and whether for principal, interest, fees, expenses, indemnification or otherwise (the “Liabilities”).  The Liabilities include, without limitation, interest accruing after the commencement of a proceeding under bankruptcy, insolvency or similar laws of any jurisdiction at the rate or rates provided in the Facility Documents.

This Guaranty is a guaranty of payment and performance and not of collection only.  The Bank shall not be required to exhaust any right or remedy or take any action against the Borrower or any other person or entity or any collateral.  The Guarantor agrees that, as between the Guarantor and the Bank, the Liabilities may be declared to be due and payable for the purposes of this Guaranty notwithstanding any stay, injunction or other prohibition which may prevent, delay or vitiate any declaration as regards the Borrower and that in the event of a declaration or attempted declaration, the Liabilities shall immediately become due and payable by the Guarantor for the purposes of this Guaranty.

The Guarantor shall pay the Liabilities by the seventh (7th) day on which commercial banks are not authorized or required to close in New York City (a “Banking Day”) after the Bank’s demand for payment thereof (or if such demand is accompanied by notice from the Bank, or the Bank thereafter delivers notice, that the value of collateral securing the Liabilities is less than the amount of the Liabilities, on the second (2nd) Banking Day after delivery of such notice) (the “Due Date”).  Upon the Bank’s making demand for payment of the Liabilities but prior to the Due Date, the Guarantor shall have the right (but not the obligation) to execute and deliver to the Bank a note sale agreement substantially in the form of Exhibit A hereto (the “Note Sale Agreement”) together with payment of the “Note Purchase Price” (as defined therein) in immediately available funds, whereupon the obligations of the Guarantor hereunder shall terminate (but subject to reinstatement as provided below).

 

  

  

  

 

Notwithstanding anything to the contrary set forth herein, for purposes of this Guaranty the Facilities of the Borrower guaranteed shall be limited to those arising under and in connection with the that certain Third Amended and Restated Revolving Credit Promissory Note (Libor/Prime) dated as of December 22, 2011, by the Borrower to the order of the Bank, as amended, restated or otherwise modified from time to time (the “Promissory Note”) or any other “Facility Document” (as defined in the Promissory Note), together with every renewal, extension, amendment, modification, substitution and/or replacement thereof, each of which together with this Guaranty and any other writing or record evidencing, supporting, securing or delivered in connection with the foregoing shall be considered a Facility Document for purposes of this Guaranty.

Guaranty Absolute.  The Guarantor guarantees that the Liabilities shall be performed and paid strictly in accordance with the terms of the Facilities.  The liability of the Guarantor under this Guaranty is absolute and unconditional irrespective of:  (a) any change in the amount, time, manner or place of payment of, or in any other term of, all or any of the Facility Documents or Liabilities, or any other amendment or waiver of or any consent to departure from any of the terms of any Facility Document or Liability; (b) any release or amendment or waiver of, or consent to departure from, any other guaranty or support document, or any exchange, release or non-perfection of any collateral (any change in the value of any collateral or failure of the Bank to monitor the value of any collateral), for all or any of the Facility Documents or Liabilities; (c) any present or future law, regulation or order of any jurisdiction (whether of right or in fact) or of any agency thereof purporting to reduce, amend, restructure or otherwise affect any term of any Facility Document or Liability; (d) without being limited by the foregoing, any lack of validity or enforceability of any Facility Document or Liability; and (e) any other defense, setoff or counterclaim whatsoever (in any case, whether based on contract, tort or any other theory) with respect to the Facility Documents or the transactions contemplated thereby which might constitute a legal or equitable defense available to, or discharge of, the Borrower or a guarantor.

Guaranty Irrevocable.  This Guaranty is a continuing guaranty of all Liabilities now or hereafter existing under the Facilities and shall remain in full force and effect until payment in full of all Liabilities and other amounts payable under this Guaranty and until the Facilities are no longer in effect or, if earlier, when the Guarantor has given the Bank written notice that this Guaranty has been revoked; provided that any notice under this Section shall not release the Guarantor from any Liability, absolute or contingent, existing prior to such notice.  Such notice shall be effective only after the Bank’s actual receipt of the notice at its address set forth below, and the Bank shall have had a reasonable time to act upon such notice at each of its offices or departments responsible for the Facilities.

Reinstatement.  This Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time (i) any payment of any of the Liabilities is rescinded or must otherwise be returned by the Bank on the insolvency, bankruptcy or reorganization of the Borrower or otherwise, all as though the payment had not been made or (ii)  the Note Sale Agreement  shall be held invalid or unenforceable in whole or in any part..

Subrogation.  The Guarantor shall not exercise any rights against the Borrower which it may acquire by way of subrogation, by any payment made under this Guaranty or otherwise, until all the Liabilities have been paid in full and the Facilities are no longer in effect.  If any amount is paid to the Guarantor on account of subrogation rights under this Guaranty at any time when all the Liabilities have not been paid in full, the amount shall be held in trust for the benefit of the Bank and shall be promptly paid to the Bank to be credited and applied to the Liabilities, whether matured or unmatured or absolute or contingent, in accordance with the terms of the Facilities.

Subordination.  Without limiting the Bank’s rights under any other agreement, any liabilities owed by the Borrower to the Guarantor in connection with any extension of credit or financial accommodation by the Guarantor to or for the account of the Borrower, including but not limited to interest accruing at the agreed contract rate after the commencement of a bankruptcy or similar proceeding, are hereby subordinated to the Liabilities, and such liabilities of the Borrower to the Guarantor, if the Bank so requests, shall be collected, enforced and received by the Guarantor as trustee for the Bank and shall be paid over to the Bank on account of the Liabilities but without reducing or affecting in any manner the liability of the Guarantor under the other provisions of this Guaranty.

 

  

  

  

 

Representations and Warranties.  The Guarantor represents and warrants that:

(a)           this Guaranty constitutes the legal, valid and binding obligation of the Guarantor, enforceable against the Guarantor in accordance with its terms, except as the enforcement hereof and thereof may be limited by bankruptcy, insolvency, or other similar laws affecting the enforcement of creditors’ rights generally and subject to the applicability of general principles of equity;

(b)           the execution, delivery and performance by the Guarantor of this Guaranty and all other documents contemplated hereby or thereby, do not and will not (i) conflict with or constitute a breach of, or default under, or require any consent under, or result in the creation of any lien, charge or encumbrance upon the property or assets of the Guarantor pursuant to any other agreement or instrument (other than any pledge of or security interest granted in any collateral pursuant to any Facility Document) to which the Guarantor is a party or is bound or by which its properties may be bound or affected; or (ii) violate any provision of any law, rule, regulation (including, without limitation, Regulation U of the Federal Reserve Board), order, writ, judgment, injunction, decree, determination or award presently in effect having applicability to the Guarantor;

(c)           no consent, approval or authorization of, or registration, declaration or filing with, any governmental authority or other person or entity is required as a condition to or in connection with the due and valid execution, delivery and performance by the Guarantor of this Guaranty;

(d)           there are no actions, suits, investigations or proceedings pending or threatened at law, in equity, in arbitration or by or before any other authority involving or affecting:  (i)  the Guarantor that, if adversely determined, are likely to have a material adverse effect on the prospects or condition of the Guarantor; (ii) any material part of the assets or properties of the Guarantor or any part of the collateral (if any) under any Facility Document; or (iii) any of the transactions contemplated in this Guaranty.  There are currently no material judgments entered against the Guarantor and the Guarantor is not in default with respect to any judgment, writ, injunction, order, decree or consent of any court or other judicial authority, which default is likely to have or has had a material adverse effect on the prospects or condition of the Guarantor;

(e)           in executing and delivering this Guaranty, the Guarantor has (i) without reliance on the Bank or any information received from the Bank and based upon such documents and information it deems appropriate, made an independent investigation of the transactions contemplated hereby and the Borrower, the Borrower’s business, assets, operations, prospects and condition, financial or otherwise, and any circumstances which may bear upon such transactions, the Borrower or the obligations and risks undertaken herein with respect to the Liabilities; (ii) adequate means to obtain from the Borrower on a continuing basis information concerning the Borrower and the Bank has no duty to provide to the Guarantor any such information; (iii) full and complete access to the Facility Documents and any other documents executed in connection with the Facility Documents; (iv) not relied and will not rely upon any representations or warranties of the Bank not embodied herein or any acts heretofore or hereafter taken by the Bank (including but not limited to any review by the Bank of the affairs of the Borrower), and (v) determined that this Guaranty will benefit the Guarantor directly or indirectly;

(f)           in the event that the Guarantor is a partnership, limited liability partnership, corporation or limited liability company, the Guarantor also represents and warrants (i) that it is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or organization, (ii) that it has all requisite power and authority to execute, deliver and perform its obligations under this Guaranty, and (iii) that the execution, delivery and performance of this Guaranty is in furtherance of its organizational purposes, and has been presented to and approved by its partners, directors, shareholders or members, as applicable; and

(g)           in the event that the Guarantor is a trust, the Guarantor also represents and warrants that (i) it is a duly constituted and validly existing trust, (ii) the Guarantor has delivered to the Bank a true, complete and accurate copy of the agreement pursuant to which it has been organized and all amendments and modifications thereto, and (iii) the trustees of the Guarantor signing this Guaranty have the legal capacity and full power and authority to execute, deliver, and perform their obligations under, and to bind the Guarantor to perform its obligations under, this Guaranty, and to execute and deliver any and all documents and instruments in connection herewith.

 

  

  

  

 

Defaults.    Each of the following is an event of default hereunder:

(a)           The Guarantor (i) shall fail to pay when due any of its indebtedness (including, but not limited to, indebtedness for borrowed money) or any interest or premium thereon in an aggregate amount of at least five hundred thousand dollars ($500,000) or (ii) the Guarantor shall default or otherwise fail to perform any agreement to which the Guarantor is party or by which it is bound which results in the holder(s) of indebtedness having the right, whether or not exercised, to accelerate the maturity thereof in an aggregate amount of at least five hundred thousand dollars ($500,000);

(b)           (i) the Guarantor is involved in a proceeding which may result in a forfeiture of all or a substantial part of the Guarantor’s assets or (ii) a final, non-appealable judgment is entered against the Guarantor for the payment of in an aggregate amount of at least two million dollars ($2,000,000);

(c)           there is, in the opinion of the Bank, a material adverse change in the business, prospects or financial condition of the Guarantor;

(d)           without the prior written consent of the Bank, the Guarantor incurs or permits to exist (i) any debt for borrowed money other than debt for borrowed money owing to the Bank or listed on the Guarantor’s financial statement dated April 20 2006 (the “Financial Statement”) and any refinancing of such debt or (ii) other debt to the extent that the total amount thereof when added together with the total amount of the Borrower’s guarantees and contingent liabilities referred to in clause (ii) of the immediately following paragraph (e) is less than or equal to seven million dollars ($7,000,000); and

(e)           the Guarantor guarantees or otherwise becomes contingently liable for the debts or other obligations of any entity other than (i) any such guaranty or contingent obligation shown on the Financial Statement and (ii) guarantees and contingent obligations incurred after the date of the Financial Statement to the extent that the total amount thereof when added together with the total amount of debt referred to in clause (ii) of the immediately preceding paragraph (d) is less than or equal to seven million dollars ($7,000,000).

Remedies Generally.  The rights, powers and remedies granted to the Bank in this Guaranty are cumulative and in addition to any rights, powers and remedies to which the Bank may be entitled either by operation of law or in equity or pursuant to any other document or instrument delivered or from time to time to be delivered to the Bank in connection with the Facilities.

Setoff.  The Guarantor agrees that, in addition to (and without limitation of) any right of setoff, banker’s lien or counterclaim the Bank may otherwise have, the Bank shall be entitled, at its option, to offset balances (general or special, time or demand, provisional or final) held by it for the account of the Guarantor at any of the Bank’s offices, in U.S. dollars or in any other currency, against any amount payable by the Guarantor under this Guaranty which is not paid when due (regardless of whether such balances are then due to the Guarantor), in which case it shall promptly notify the Guarantor thereof; provided that the Bank’s failure to give such notice shall not affect the validity thereof.

Formalities.  The Guarantor waives presentment, notice of dishonor, protest, notice of acceptance of this Guaranty or incurrence of any Liability and to the extent not prohibited by applicable law any other formality with respect to any of the Liabilities or this Guaranty.

Amendments and Waivers.  No amendment or waiver of any provision of this Guaranty, nor consent to any departure by the Guarantor therefrom, shall be effective unless it is in writing and signed by the Bank, and then the waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.  No failure on the part of the Bank to exercise, and no delay in exercising, any right under this Guaranty shall operate as a waiver or preclude any other or further exercise thereof or the exercise of any other right.

Expenses.  The Guarantor shall reimburse the Bank on demand for all costs, expenses and charges (including without limitation fees and charges of external legal counsel for the Bank and costs allocated by its internal legal department) incurred by the Bank in connection with the preparation, performance or enforcement of this Guaranty.  The obligations of the Guarantor under this Section shall survive the termination of this Guaranty.

 

  

  

  

 

Assignment.  This Guaranty shall immediately be binding on, and shall inure to the benefit of the Guarantor, the Bank and their respective heirs, successors and assigns; provided that the Guarantor may not assign or transfer its rights or obligations under this Guaranty.

Captions.  The headings and captions in this Guaranty are for convenience only and shall not affect the interpretation or construction of this Guaranty.

Governing Law, Waiver of Jury Trial, Etc.  THIS GUARANTY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO THE CONFLICT OF LAWS PRINCIPLES, AND WITH THE LAWS OF THE UNITED STATES OF AMERICA AS APPLICABLE.  THE GUARANTOR CONSENTS TO THE NONEXCLUSIVE JURISDICTION AND VENUE OF THE STATE OR FEDERAL COURTS LOCATED IN THE CITY OF NEW YORK.  SERVICE OF PROCESS BY THE BANK IN CONNECTION WITH ANY SUCH DISPUTE SHALL BE BINDING ON THE GUARANTOR IF SENT TO THE GUARANTOR BY REGISTERED MAIL AT THE GUARANTOR’S MOST RECENT MAILING ADDRESS AS SET FORTH IN THE RECORDS OF THE BANK OR SUCH OTHER ADDRESS AS THE GUARANTOR MAY SPECIFY TO THE BANK IN WRITING FROM TIME TO TIME.  THE GUARANTOR WAIVES ANY RIGHT THE GUARANTOR MAY HAVE TO JURY TRIAL IN ANY ACTION RELATED TO THIS GUARANTY OR THE TRANSACTIONS CONTEMPLATED HEREBY AND FURTHER WAIVES ANY RIGHT TO INTERPOSE ANY COUNTERCLAIM RELATED TO THIS GUARANTY OR THE TRANSACTIONS CONTEMPLATED HEREBY IN ANY SUCH ACTION.  TO THE EXTENT THAT THE GUARANTOR HAS OR HEREAFTER MAY ACQUIRE ANY IMMUNITY FROM JURISDICTION OF ANY COURT OR FROM ANY LEGAL PROCESS (WHETHER FROM SERVICE OR NOTICE, ATTACHMENT PRIOR TO JUDGMENT, ATTACHMENT IN AID OF EXECUTION OF A JUDGMENT, EXECUTION OR OTHERWISE), THE GUARANTOR HEREBY IRREVOCABLY WAIVES SUCH IMMUNITY IN RESPECT OF ITS OBLIGATIONS UNDER THIS GUARANTY.

Integration; Effectiveness.  This Guaranty alone sets forth the entire understanding of the Guarantor and the Bank relating to the guarantee of the Liabilities and constitutes the entire contract between the parties relating to the subject matter hereof and supersedes any and all previous agreements and understandings, oral or written, relating to the subject matter hereof.  This Guaranty shall become effective when it shall have been executed and delivered by the Guarantor to the Bank.  Delivery of an executed signature page of this Guaranty by telecopy shall be effective as delivery of a manually executed signature page of this Guaranty.

The rest of this page is intentionally blank.

  

  

  

IN WITNESS WHEREOF, the Guarantor has caused this Guaranty to be duly executed and delivered as of the date first above written.

Address for notices to the Bank:

JPMorgan Chase Bank, N.A.

Attn:  Keith Straw

270 Park Avenue, 17th Floor

New York, NY 10017

Telecopier:  (212) 464-2531

Telephone:  (212) 464-0960

With a courtesy copy to

JPMorgan Chase Bank, N.A.

Attn:  Nancy A. Sheppard

560 Mission Street, 19th floor

San Francisco, CA 94105

Telecopier:  (415) 315-8272

Telephone:  (415) 315-8285

/s/ Gerald J. Burnett

Gerald J. Burnett

Gerald J. Burnett and Marjorie J. Burnett , as Trustee for

The Gerald J. Burnett and Marjorie J. Burnett Revocable Trust

By:         /s/ Gerald J. Burnett

Gerald J. Burnett

By:         /s/ Marjorie J. Burnett  

Marjorie J. Burnett

 

  

  

  

 

	
State of _________

	
)

) ss.:

	
County of ________

	
)

On the ____ day of December in the year 2011, before me, the undersigned, personally appeared Gerald J. Burnett, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her capacity, and that by his/her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.

____________________________________

Notary Public

	
State of _________

	
)

) ss.:

	
County of ________

	
)

On the ____ day of December in the year 2011, before me, the undersigned, personally appeared Marjorie J. Burnett, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her capacity, and that by his/her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.

____________________________________

Notary Public

 

  

  

  

 

Exhibit A

FORM OF NOTE SALE AGREEMENTexh_10-51.htm

EXHIBIT 10.51

FIFTH AMENDED AND RESTATED SECURITY AGREEMENT

For value received, and in consideration of one or more loans, letters of credit or other financial accommodations extended by JPMorgan Chase Bank, N.A. or any of its subsidiaries or affiliates (the “Bank”), to Avistar Communications Corporation, a Delaware corporation (the “Grantor”), the Grantor and the Bank agree, as of December 22, 2011, as follows:

1. Definitions.

“Account Control Agreement” shall mean a deposit or securities account control agreement or other similar agreement with any party acting as a financial intermediary or securities intermediary (including, without limitation, affiliates of the Bank) and shall specifically include any master deposit or securities account control agreement among the Bank and any of its affiliates, as amended from time to time.

“Collateral” means all personal property of the Grantor whether presently existing or hereafter created or acquired, and wherever located (including but not limited to: (i) accounts (including health-care-insurance receivables), chattel paper, deposit accounts, documents (including negotiable documents), equipment, general intangibles, goods (including fixtures), instruments (including promissory notes), inventory (including all goods held for sale or lease or to be furnished under a contract of service, and including returns and repossessions), investment property (including securities and securities entitlements), letter of credit rights, money, and all of Grantor’s books and records with respect to any of the foregoing, and the computers and equipment containing said books and records; (ii) all claims, demands, causes and choses in action in respect of any of the foregoing and all accessions and additions thereto; and (iii) any and all cash and non-cash proceeds and products of any of the foregoing, including without limitation, any and all proceeds of any insurance, indemnity, instruments, warranty or guaranty payable to such Grantor from time to time with respect to the Collateral and any and all other amounts from time to time paid or payable under or in connection with any of the Collateral) other than (w) any of the outstanding capital stock of any subsidiary of the Grantor that is a Controlled Foreign Corporation (as defined in the Internal Revenue Code of 1986, as amended, in excess of 65% of the voting power of all classes of capital Stock of such Controlled Foreign Corporation entitled to vote or (x) any restricted money market accounts maintained by the Grantor with Comerica Bank – California to the extent the same secures the Grantor’s obligations with respect to the letter of credit in the amount of $145,200 issued by such bank to Clemons Properties Partners L.P. or (y) the Borrower’s right to receive royalties or other funds or assets under the Sony Patent License Agreement, and the Borrower’s rights to enforce payment or delivery of such royalties or other funds or assets or (z) any “Excluded Patent Collateral.”

“Convertible Note” means each “Note” (as defined in, and issued pursuant to, any Convertible Note Purchase Agreement), all of which taken together being the “Convertible Notes.”

“Convertible Note Collateral Agent” means the “Collateral Agent” (as defined in the Convertible Note Purchase Agreement-2008).

“Convertible Note Investors” means each “Purchaser” (as defined in any Convertible Note Purchase Agreement), all of which taken together being the “Convertible Note Investors.”

“Convertible Note Purchase Agreement” means each of (i) the Convertible Note Purchase Agreement-2008 and (ii) the Convertible Note Purchase Agreement-2011, both of which taken together being the “Convertible Note Purchase Agreements.”

“Convertible Note Purchase Agreement-2008” means the Convertible Note Purchase Agreement dated January 4, 2008 by the Borrower and the purchasers parties thereto with respect to the Borrower‘s sale of its 4.5% convertible subordinated secured promissory notes.

“Convertible Note Purchase Agreement-2011” means the Convertible Note Purchase Agreement dated March 29, 2011 by the Borrower and the purchaser party thereto with respect to the Borrower‘s sale of its 4.5% convertible subordinated secured promissory note.

 

  

  

  

 

“Convertible Note Security Agreement” means each of (i) the Convertible Note Security Agreement-2008 and (ii) the Convertible Note Security Agreement-2011, both of which taken together being the “Convertible Note Security Agreements.”

“Convertible Note Security Agreement-2008” means the Security Agreement dated January 4, 2008 by the Borrower, the investors parties thereto and the “Collateral Agent” (as defined therein), delivered by the Borrower as security for the Borrower’s obligations under the Convertible Notes issued pursuant to the Convertible Note Purchase Agreement-2008.

“Convertible Note Security Agreement-2011” means the Security Agreement dated March 29, 2011 by the Borrower, delivered by the Borrower as security for the Borrower’s obligations under the Convertible Note issued pursuant to the Convertible Note Purchase Agreement-2011.

“Default” shall mean each “Event of Default” (as defined in the Note).

“Excluded Patent Collateral” shall mean:

(a) The Patents;

(b) all patents and patent applications (i) to which any of the Patents directly or indirectly claims priority, (ii) for which any of the Patents directly or indirectly forms a basis for priority, and/or (iii) that directly or indirectly incorporate by reference, or are directly or indirectly incorporated by reference into, the Patents;

(c) all reissues, reexaminations, extensions, continuations, continuations in part, continuing prosecution applications, requests for continuing examinations, divisions, registrations of any item in any of the foregoing categories (a) and (b);

(d) all non-United States patents, patent applications, and counterparts relating to the Patents or any item in any of the foregoing categories (a) through (c), including, without limitation, certificates of invention, utility models, industrial design protection, design patent protection, other governmental grants or issuances, and any rights to apply in any or all countries of the world for patents, certificates of invention, utility models, industrial design protections, design patent protections, or governmental grants or issuances of any type related to any of the Patents and the inventions, invention disclosures, and discoveries therein;

(e) inventions, invention disclosures, and discoveries described in any of the Patents of any item in the foregoing categories (a) though (d);

(f) all rights to apply in any or all countries of the world for patents, certificates of invention, utility models, industrial design protections, design patent protections, or other governmental grants or issuances of any type related to any item in any of the foregoing categories (a) through (e), including, without limitation, under the Paris Convention for the Protection of Industrial Property, the International Patent Cooperation Treaty, or any other convention, treaty, agreement, or understanding;

(g) causes of action (whether known or unknown or whether currently pending, filed, or otherwise) and other enforcement rights under, or on account of, any of the Patents and/or the rights described in the above subparagraphs (a) through (f) (including, without limitation, all causes of action and other enforcement rights for (i) damages, (ii) injunctive relief, and (iii) any other remedies of any kind) for past, current and future infringement; and

(h) all rights to collect royalties and other payments under or on account of any of the Patents and/or any item in any of the foregoing categories (a) through (g).

 

  

  

  

 

“Liabilities” means indebtedness, obligations and liabilities of any kind of the Grantor to the Bank, now or in the future, absolute or contingent, direct or indirect, joint or several, due or not due, arising by operation of law or otherwise, and costs and expenses incurred by the Bank in connection with the Collateral, this Agreement or the Note.

“Note” means the Third Amended and Restated Revolving Promissory Note (Libor/Prime) dated as of December 22, 2011 by the Grantor in favor of the Bank, as amended , restated or otherwise modified from time to time.

“Patents” shall mean the patents and patent applications listed in Exhibit A hereto.

           “Permitted Liens” means: (i) liens for unpaid taxes, assessments, or other governmental charges or levies that either (a) are not yet delinquent or (b) are being contested in good faith by appropriate proceedings and for which Grantor maintains adequate reserves, (ii) judgment liens that do not constitute a Default, (iii) liens listed on the Borrower’s September 30, 2006 form 10, (iii)  the interests of lessors and licensors under leases and licenses in the ordinary course of business, (iv)  purchase money liens or the interests of lessors under capital leases to the extent that such liens or interests secure purchase money indebtedness and so long as (a) such lien attaches only to the asset purchased or acquired and the proceeds thereof and (b) such lien only secures the indebtedness that was incurred to acquire the asset purchased or acquired or any refinancing indebtedness in respect thereof, (v)  liens arising by operation of law in favor of warehousemen, landlords, carriers, mechanics, materialmen, laborers, or suppliers, incurred in the ordinary course of Grantor’s business and not in connection with the borrowing of money, and which liens either (a) are for sums not yet delinquent or (b) are being contested in good faith by appropriate proceedings and for which Grantor maintains adequate reserves, (vi) liens on amounts deposited in connection with obtaining worker’s compensation or other unemployment insurance, (vii) liens on amounts deposited in connection with the making or entering into of bids, tenders, or leases in the ordinary course of business and not in connection with the borrowing of money, (viii) liens on amounts deposited as security for surety or appeal bonds in connection with obtaining such bonds in the ordinary course of business, (ix) liens arising by virtue of any contractual, statutory or common law provision relating to banker’s liens, rights of set-off or similar rights and remedies as to deposits of cash and securities in favor of banks, other depository institutions and brokerage firms, (x) liens on insurance proceeds securing the payment of financed insurance premiums and (xi) liens in favor of customs and revenue authorities arising as a matter of law to secure payments of custom duties in connection with the importation of goods and (xii) liens in favor of one or more Convertible Note Investors or the Convertible Note Collateral Agent for the benefit of one or more Convertible Notes Investors granted by the Borrower under any Convertible Note Security Agreement.

“Sony Patent License Agreement” means Patent License Agreement dated July 17, 2006, as amended, by the Borrower and Sony Computer Entertainment, Inc., as amended, modified, supplemented or extended from time to time, or as any provision thereof may be waived, and any patent license agreement executed by Borrower and Sony Computer Entertainment, Inc. in substitution or replacement therefor.

“UCC” means the Uniform Commercial Code in effect in the State of New York.  Unless the context otherwise requires, all terms used in this Agreement which are defined in the UCC will have the meanings stated in the UCC.

2. Grant of Security Interest.  As security for the payment of all the Liabilities, the Grantor pledges and grants to the Bank a security interest in and right of setoff against, the Collateral.

3. Agreements, Representations and Warranties of the Grantor and Rights of the Bank.

(a) The Grantor represents and warrants that: the Grantor is the sole owner of the Collateral and the Collateral is free of all encumbrances except for (i) the security interest in favor of the Bank created by this Agreement and for (ii) Permitted Liens.

 

  

  

  

 

(b) The Grantor irrevocably authorizes the Bank to exercise the rights granted to the Bank herein, at its option, for its own benefit, either in its own name or in the name of the Grantor, and appoints the Bank as its attorney-in-fact to take all action permitted under this Agreement.

(c) Without the prior written consent of the Bank, the Grantor agrees not to sell, assign, transfer, exchange, or otherwise dispose of, or grant any option with respect to, any Collateral (other than (i) sales of inventory, (ii) grants of non-exclusive licenses or similar arrangements for the use of property of the Grantor, in each case in the ordinary course of business, (iii) sales, assignments, transfers, exchanges or other dispositions for fair value in the ordinary course of business), nor will the Grantor create, incur or permit to exist any pledge, lien, mortgage, hypothecation, security interest, encumbrance, option or any other charge with respect to any of the Collateral, or any interest therein, or any proceeds thereof, except for (i) the lien and security interest provided for by this Agreement, (ii) as otherwise provided herein or in the Note or (iii) Permitted Liens.

(d) The Grantor will not change jurisdiction of its incorporation or organization (by migratory merger or otherwise) except upon 30 days’ prior written notice to the Bank.

(e) The Bank may, in its name, or in the name of the Grantor:  (i) execute and file financing statements under the UCC or any other filings or notices necessary or desirable to create, perfect or preserve its security interest, all without notice (except as required by applicable law and not waivable) and without liability except to account for property actually received by it; (ii) demand, sue for, collect or receive any money or property at any time payable or receivable on account of or in exchange for, or make any compromise or settlement deemed desirable with respect to, any item of the Collateral  (but shall be under no obligation to do so); (iii) make any notification (to the issuer of any certificate or security, or otherwise, or take any other action in connection with the perfection or preservation of its security interest  or any enforcement of remedies, and retain any documents evidencing the title of the Grantor to any item of the Collateral; and (iv) issue entitlement orders with respect to any of the Collateral.

The Grantor agrees that it will not file or permit to be filed any termination statement with respect to the Collateral or any financing or like statement with respect to the Collateral in which the Bank is not named as the sole secured party except in connection with Permitted Liens or consent or be a party to any Account Control Agreement with respect to any Collateral to which the Bank is not a party.  At the request of the Bank the Grantor agrees to do all other things which the Bank may deem necessary or advisable in order to perfect and preserve its security interest, perfection and operational control and to give effect to the rights granted to the Bank under this Agreement or enable the Bank to comply with any applicable laws or regulations.  Notwithstanding the foregoing, the Bank does not assume any duty with respect to the Collateral and is not required to take any action to collect, preserve or protect its or the Grantor’s rights in any item of the Collateral.  The Grantor releases the Bank and agrees to hold the Bank harmless from any claims, causes of action and demands at any time arising with respect to this Agreement, the use or disposition of any item of the Collateral or any action taken or omitted to be taken by the Bank with respect thereto, except, in each case, for claims, causes of action and demands arising from (i) Bank’s gross negligence or willful misconduct or (ii) Bank’s obligations as a secured party under this Agreement or under applicable law.

4. Currency Conversion. For calculation purposes, any currency in which the Collateral is denominated (the “Collateral Currency”) will be converted into the currency of the Liabilities (the “Liability Currency”) at the spot rate of exchange for the purchase of the Liability Currency with the Collateral Currency quoted by the Bank at such place as the Bank deems appropriate (or, if no such rate is quoted on any relevant date, estimated by the Bank on the basis of the Bank’s last quoted spot rate) or another prevailing rate that the Bank deems more appropriate.

5. Remedies.

Upon the occurrence and during the continuance of a Default, the Bank will have the rights and remedies under the UCC and the other rights granted to the Bank under this Agreement and may exercise its rights without regard to any premium or penalty from liquidation of any Collateral and without regard to the Grantor’s basis or holding period for any Collateral.

The Bank may sell in the Borough of Manhattan, New York City, or elsewhere, in one or more sales or parcels, at the price as the Bank deems best, for cash or on credit or for other property, for immediate or future delivery, any item of the Collateral, at any broker’s board or at public or private sale, in any reasonable manner permissible under the UCC (except that, to the extent permissible under the UCC, the Grantor waives any requirements of the UCC) and the Bank or anyone else may be the purchaser of the Collateral and hold it free from any claim or right including, without limitation, any equity of redemption of the Grantor, which right the Grantor expressly waives.

 

  

  

  

 

The Bank may also, in its sole discretion: (i) convert any part of the Collateral Currency into the Liability Currency;  (ii) hold any monies or proceeds representing the Collateral in a cash collateral account in the Liability Currency or other currency that the Bank reasonably selects; (iii) invest such monies or proceeds on behalf of the Grantor; and (iv) apply any portion of the Collateral, first, to all costs and expenses of the Bank, second, to the payment of interest on the Liabilities and any fees or commissions to which the Bank may be entitled, third, to the payment of principal of the Liabilities, whether or not then due, and fourth, to the Grantor.

The Grantor will pay to the Bank all expenses (including attorneys’ fees and legal expenses incurred by the Bank and the allocated costs of its in-house counsel) in connection with the exercise of any of the Bank’s rights or obligations under this Agreement or the Note.  The Grantor will take any action requested by the Bank to allow it to sell or dispose of the Collateral.  Notwithstanding that the Bank may continue to hold Collateral and regardless of the value of the Collateral, the Grantor will remain liable for the payment in full of any unpaid balance of the Liabilities.

6. Jurisdiction.

To the maximum extent not prohibited by applicable law, the Grantor hereby irrevocably: (i) submits to the jurisdiction of any New York state or United States federal court sitting in New York City over any action or proceeding arising out of this Agreement;(ii) agrees that all claims in respect of such action or proceeding may be held and determined in such New York state or federal court;  (iii) agrees that any action or proceeding brought against the Bank may be brought only in a New York state or United States federal court sitting in New York county;  (iv) consents to the service of process in any such action or proceeding in either of said courts by mailing thereof by the Bank by registered or certified mail, postage prepaid, to the Grantor at its address specified on the signature page hereof, or at the Grantor’s most recent mailing address as set forth in the records of the Bank; and (v) waives any defense on the basis of inconvenient forum.

The Grantor agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in any other jurisdiction by suit or proceeding in such state.  Nothing herein shall affect the right of the Bank to serve legal process in any other manner permitted by law or affect the right of the Bank to bring any action or proceeding against the Grantor or its property in the courts of any other jurisdiction.

7. Waiver of Jury Trial.  THE UNDERSIGNED AND THE BANK EACH WAIVE ANY RIGHT TO JURY TRIAL.

8. Notices. Unless otherwise agreed in writing, notices may be given to the Bank and the Grantor at their telecopier numbers (confirmed by telephone to their telephone numbers) or addresses listed on the signature page of this Agreement, or such other telecopier (and telephone) number or addresses communicated in writing by either party to the other.  Notices to the Bank are effective on receipt.

9. Miscellaneous.

(a) This Agreement shall be binding on the Grantor and its successors and assigns and shall inure to the benefit of the Bank and its successors and assigns, except that the Grantor may not delegate any of its obligations hereunder without the prior written consent of the Bank.

(b) No amendment or waiver of any provision of this Agreement nor consent to any departure by the Grantor will be effective unless it is in writing and signed by the Grantor and the Bank and will be effective only in that specific instance and for that specific purpose.  No failure on the part of the Bank to exercise, and no delay in exercising, any right will operate as a waiver or preclude any other or further exercise or the exercise of any other right.

 

  

  

  

 

(c) The rights and remedies in this Agreement are cumulative and not exclusive of any rights and remedies which the Bank may have under law or under other agreements or arrangements with the Grantor or any other party (including, without limitation, any Account Control Agreement).

(d) The provisions of this Agreement are intended to be severable.  If for any reason any provision of this Agreement is not valid or enforceable in whole or in part in any jurisdiction, that provision will, as to that jurisdiction, be ineffective to the extent of that invalidity or unenforceability without in any manner affecting the validity or enforceability in any other jurisdiction or the remaining provisions of this Agreement.

(e) The Grantor hereby waives presentment, notice of dishonor and protest of all instruments included in or evidencing the Liabilities or the Collateral and any other notices and demands, whether or not relating to those instruments.

(f) This Agreement is governed by and construed according to the law of the State of New York, without regard to the conflict of laws principles, and with the laws of the United States of America as applicable.

(g) This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

(h) This Agreement supersedes in its entirety the Fourth Amended and Restated Security Agreement dated January 11, 2011, as amended, by the Grantor and the Bank.

(i) If the Bank shall receive any payment of royalties or other funds payable to the Borrower under the Sony Patent License Agreement, the Bank, upon notice from the Convertible Note Collateral Agent accompanied by evidence reasonably satisfactory to the Bank that such payment was made pursuant to the Sony Patent License Agreement, shall pay promptly to or at the direction of the Convertible Note Collateral Agent the amount thereof (without interest).

The rest of this page is intentionally blank.

 

  

  

  

 

IN WITNESS WHEREOF, the Grantor has signed this Agreement as of the date first written above.

ACCEPTED:

JPMorgan Chase Bank, N.A.

By:      /s/ Nancy A. Sheppard                                                

            Nancy A. Sheppard

            Managing Director

Address for notices to the Bank:

JPMorgan Chase Bank, N.A.

Attn:  Keith Straw

270 Park Avenue, 17th Floor

New York, NY 10017

Telecopier:  (212) 464-2531

Telephone:  (212) 464-0960

With a courtesy copy to

JPMorgan Chase Bank, N.A.

Attn:  Nancy A. Sheppard

560 Mission Street, 19th floor

San Francisco, CA 94105

Telecopier:  (415) 315-8272

Telephone:  (415) 315-8285

Avistar Communications Corporation

By:         /s/ Robert F. Kirk            

Name: Robert F. Kirk

Title: CEO

By:          /s/Elias MurrayMetzger        

Name: Elias MurrayMetzger

Title: CFO

Address for Notices to the Grantor:

Attn:  Chief Financial Officer

Avistar Communications Corporation

1875 S. Grant Street, 10th Floor

San Mateo, CA 94402

Telecopier:  (650) 525-1360

Telephone:  (650) 525-3310

  

  

  

	
State of _________

	
)

) ss.:

	
County of ________

	
)

On the ____ day of December in the year 2011, before me, the undersigned, personally appeared _____________________________, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her capacity, and that by his/her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.

____________________________________

Notary Public

	
State of _________

	
)

) ss.:

	
County of ________

	
)

On the ____ day of December in the year 2011, before me, the undersigned, personally appeared _____________________________, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he/she executed the same in his/her capacity, and that by his/her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.

____________________________________

Notary Public

 

  

  

  

 

Exhibit A

PATENTS

	

Patent or Application No.

	

Country  

	 Filing Date	 Title of Patent and First Named Inventor
	
5689641

	
US

	
10/01/1993

	
Multimedia collaboration system arrangement for routing compressed AV signal through a participant site without decompressing the AV signal Ludwig, Lester F.

	
5867654

	
US

	
6/7/1996

	
Two monitor videoconferencing hardware Ludwig, Lester F.

	
5978835

	
US

	
6/7/1996

	
Multimedia mail, conference recording and documents in video conferencing Ludwig, Lester F.

	
5896500

	
US

	
6/7/1996

	
System for call request which results in first and second call handle defining call state consisting of active or hold for its respective AV device Ludwig, Lester F.

	
5884039

	
US

	
6/7/1996

	
System for providing a directory of AV devices and capabilities and call processing such that each participant participates to the extent of capabilities available Ludwig, Lester F.

	
5617539

	
US

	
6/7/1996

	
Multimedia collaboration system with separate data network and A/V network controlled by information transmitting on the data network Ludwig, Lester F.

	
5802294

	
US

	
6/7/1996

	
Teleconferencing system in which first location video mosaic generator sends combined local participants images to second location video mosaic generator for displaying combined images Ludwig, Lester F.

	
5758079

	
US

	
6/7/1996

	
Call control in video conferencing allowing acceptance and identification of participants in a new incoming call during an active teleconference Ludwig, Lester F.

	
5854893

	
US

	
6/10/1996

	
System for teleconferencing in which collaboration types and participants by names or icons are selected by a participant of the teleconference Ludwig, Lester F.

	
5915091

	
US

	
6/11/1996

	
Synchronization in video conferencing Ludwig, Lester F.

	
6351762

	
US

	
6/7/1996

	
Method and system for log-in­based video and multimedia calls Ludwig, Lester F.

	
6583806

	
US

	
4/7/1997

	
Videoconferencing hardware Ludwig, Lester F.

	
6343314

	
US

	
4/28/1997

	
Remote participant hold and disconnect during videoconferencing Ludwig, Lester F.

	
6237025

	
US

	
12/19/1997

	
Multimedia collaboration system Ludwig, Lester F.

 

 

  

  

  

 

	

Patent or Application No.

	

Country

	 Filing Date	 Title of Patent and First Named Inventor
	
6212547

	
US

	
5/5/1998

	
Based video and data conferencing Ludwig, Lester F.

	
6898620

	
US

	
5/5/1998

	
Multiplexing video and control signals onto UTP Ludwig, Lester F.

	
6437818

	
US

	
5/5/1998

	
Video conferencing on existing UTP infrastructure Ludwig, Lester F.

	
6426769

	
US

	
5/5/1998

	
High-quality switched analog video communications over unshielded twisted pair Ludwig, Lester F.

	
09/565677

	
US

	
5/4/2000

	
Scalable Networked Multimedia System And Applications Ludwig, Lester F.

	
7185054

	
US

	
11/1/2000

	
Participant display and selection in video conference calls Ludwig, Lester F.

	
6594688

	
US

	
06/11/2001

	
Dedicated echo canceler for a workstation Ludwig, Lester F.

	
7054904

	
US

	
4/9/2002

	
Marking and searching capabilities in multimedia documents within multimedia collaboration networks Ludwig, Lester F.

	
6789105

	
US

	
4/9/2002

	
Multiple-editor authoring of multimedia documents including real-time video and time-insensitive media Ludwig, Lester F.

	
6959322

	
US

	
3/4/2003

	
UTP based video conferencing Ludwig, Lester F.

	
10/382554

	
US

	
3/4/2003

	
Teleconferencing employing multiplexing of video and data conferencing signals J. Chris Lauwers

	
7206809

	
US

	
11/26/2003

	
Method for real-time communication between plural users Ludwig, Lester F.

	
7152093

	
US

	
11/26/2003

	
System for real-time communication between plural users Ludwig, Lester F.

	
7421470

	
US

	
11/26/2003

	
Method for real-time communication between plural users Ludwig, Lester F.

	
7433921

	
US

	
11/26/2003

	
System for real-time communication between plural users Ludwig, Lester F.

	
11/264926

	
US

	
11/1/2005

	
Audio communications using devices with different capabilities Lester F. Ludwig

	
11/264936

	
US

	
11/1/2005

	
Log-in based communications plus two data types Lester F. Ludwig

	
11/265059

	
US

	
11/1/2005

	
Using login-based addressing to communicate with listed users Lester F. Ludwig

	
11/265256

	
US

	
11/1/2005

	
Registration based addressing over multiple networks with digital audio communication Lester F. Ludwig

	
11/265394

	
US

	
11/1/2005

	
Registration based addressing and call handles to establish communication Lester F. Ludwig

 

 

  

  

  

 

	 Patent or Application No.	

Country  

	  Filing Date	  Title of Patent and First Named Inventor
	
7487210

	
US

	
1/12/2007

	
Method for managing real-time communications Ludwig, Lester F.

	
7412482

	
US

	
1/12/2007

	
System for managing real-time communications Ludwig, Lester F.

	
7437411

	
US

	
1/15/2007

	
Communication of a selected type over a wide area network Ludwig, Lester F.

	
7398296

	
US

	
1/16/2007

	
Networked audio communication over two networks Ludwig, Lester F.

	
7444373

	
US

	
1/16/2007

	
Wireless real-time communication Ludwig, Lester F.

	
7441001

	
US

	
1/18/2007

	
Real-time wide-area communications between ports Ludwig, Lester F.

	
7437412

	
US

	
1/19/2007

	
Real-time communication of a selected type Ludwig, Lester F.

	
11/668625

	
US

	
1/30/2007

	
Storing and accessing media files J. Chris Lauwers

	
11/669003

	
US

	
1/30/2007

	
Storage and playback of media files J. Chris Lauwers

	
11/737723

	
US

	
4/19/2007

	
Storing and accessing media files Lester F. Ludwig

	
90/009008

	
US

	
02/25/2008

	
Based video and data conferencing Ludwig, Lester F.

	
90/009015

	
US

	
02/29/2008

	
Video conferencing on existing UTP infrastructure Ludwig, Lester F.

	
90/009016

	
US

	
02/29/2008

	
System for providing a directory of AV devices and capabilities and call processing such that each participant participates to the extent of capabilities available Ludwig, Lester F.

	
90/009020

	
US

	
05/20/2008

	
Multimedia collaboration system with separate data network and a/v network controlled by information transmitting on the data network Ludwig, Lester F.

	
90/009021

	
US

	
02/29/2008

	
System for real-time communication between plural users Ludwig, Lester F.

	
90/009031

	
US

	
03/05/2008

	
Remote participant hold and disconnect during videoconferencing Ludwig, Lester F.

	
CA2173204

	
CA

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
CA2173209

	
CA

	
10/03/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
CA2204442

	
CA

	
03/16/1994

	
Multimedia collaboration system with separate data network and a/v network controlled by information transmitting on the data network Ludwig, Lester F.

 

 

  

  

  

 

	 Patent or Application No.	

Country   

	   Filing Date	   Title of Patent and First Named Inventor
	
CA2296181

	
CA

	
10/03/1994

	
System for providing a directory of av devices and capabilities and call processing such that each participant participates to the extent of capabilities available Ludwig, Lester F.

	
CA2296182

	
CA

	
10/03/1994

	
Call control in video conferencing allowing acceptance and identification of participants in a new incoming call during an active teleconference Ludwig, Lester F.

	
CA2296185

	
CA

	
10/03/1994

	
System for call request which results in first and second call handle defining call state consisting of active or hold for its respective av device Ludwig, Lester F.

	
CA2296187

	
CA

	
10/03/1994

	
Synchronization in video conferencing Ludwig, Lester F.

	
CA2296189

	
CA

	
10/03/1994

	
System for teleconferencing in which collaboration types and participants by names or icons are selected by a participant of the teleconference Ludwig, Lester F.

	
CA2297940

	
CA

	
03/16/1994

	
Two monitor videoconferencing hardware Ludwig, Lester F.

	
CH690154

	
CH

	
09/28/1994

	
Synchronization in video conferencing Ludwig, Lester F.

	
DE69426456.3

	
DE

	
10/03/1994

	
Videoconference signal switching without decompression Ludwig, Lester F.

	
DE69428725.3

	
DE

	
03/16/1994

	
Multimedia teleconferencing system Ludwig, Lester F.

	
DE69429684.8

	
DE

	
10/03/1994

	
Synchronization in a multimedia system Ludwig, Lester F.

	
DE69430272.4

	
DE

	
10/03/1994

	
Participant location in multimedia collaboration system Ludwig, Lester F.

	
DE69431525.7

	
DE

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
DE69431536.2

	
DE

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
DE69432803.0

	
DE

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
DE69433042.6

	
DE

	
10/03/1994

	
Multimedia mail in teleconferencing system Ludwig, Lester F.

	
DE69434762.0

	
DE

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
DE69435132.6

	
DE

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
FR1307038

	
FR

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
FR1705913

	
FR

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

 

 

  

  

  

 

	 Patent or Application No.	

Country    

	 Filing Date	 Title of Patent and First Named Inventor
	
FR0721725

	
FR

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
FR0721726

	
FR

	
10/03/1994

	
Videoconference signal switching without decompression Ludwig, Lester F.

	
FR0899952

	
FR

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
FR0899953

	
FR

	
10/03/1994

	
Participant location in multimedia collaboration system Ludwig, Lester F.

	
FR0899954

	
FR

	
10/03/1994

	
Multimedia mail in teleconferencing system Ludwig, Lester F.

	
FR0898424

	
FR

	
03/16/1994

	
Multimedia teleconferencing system Ludwig, Lester F.

	
FR0912055

	
FR

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
FR0912056

	
FR

	
10/03/1994

	
Synchronization in a multimedia system Ludwig, Lester F.

	
GB1307038

	
GB

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
GB1705913

	
GB

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
GB2282506

	
GB

	
05/27/1994

	
Teleconferencing system Ludwig, Lester F.

	
GB0721725

	
GB

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
GB0721726

	
GB

	
10/03/1994

	
Videoconference signal switching without decompression Ludwig, Lester F.

	
GB2319135

	
GB

	
05/27/1994

	
Teleconferencing system Ludwig, Lester F.

	
GB2319136

	
GB

	
05/27/1994

	
Teleconferencing system Ludwig, Lester F.

	
GB2319137

	
GB

	
05/27/1994

	
Teleconferencing system Ludwig, Lester F.

	
GB2319138

	
GB

	
05/27/1994

	
Teleconferencing system Ludwig, Lester F.

	
GB0899952

	
GB

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
GB0899953

	
GB

	
10/03/1994

	
Participant location in multimedia collaboration system Ludwig, Lester F.

	
GB0899954

	
GB

	
10/03/1994

	
Multimedia mail in teleconferencing system Ludwig, Lester F.

	
GB0898424

	
GB

	
03/16/1994

	
Multimedia teleconferencing system Ludwig, Lester F.

	
GB0912055

	
GB

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

 

 

  

  

  

 

	 Patent or Application No.	Country    	 Filing Date	 Title of Patent and First Named Inventor
	
GB0912056

	
GB

	
10/03/1994

	
Synchronization in a multimedia system Ludwig, Lester F.

	
NL1705913

	
NL

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
SE1705913

	
SE

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
5751338

	
US

	
12/30/1994

	
Methods and systems for multimedia communications via public telephone networks Ludwig, Jr., Lester Frank

	
6081291

	
US

	
04/16/1997

	
Methods and systems for multimedia communication via public telephone networks Ludwig, Jr., Lester Frank

	
6972786

	
US

	
12/23/1999

	
Multimedia services using central office Ludwig, Lester F.

	
11/786802

	
US

	
4/11/2007

	
Multimedia services using central office Ludwig, Lester F.

	
11/927459

	
US

	
10/29/2007

	
Interconnecting network locations between premises network and central office using ethernet on loop plant Ludwig, Lester F.

	
90/009079

	
US

	
03/14/2008

	
Multimedia services using central office Ludwig, Lester F.

	
CA2208987

	
CA

	
10/04/1995

	
Multimedia communications via public telephone networks Ludwig, Jr., Lester Frank

	
GB2296620

	
GB

	
10/11/1995

	
Methods and systems for multimedia communication via public telephone networks Ludwig, Jr., Lester Frank

	
GB0801858

	
GB

	
10/04/1995

	
Multimedia central office and method of providing a plurality of multimedia telecommunication services Ludwig, Jr., Lester Frank

	
GB2308526

	
GB

	
10/11/1995

	
Methods and systems for multimedia communication via public telephone networks Ludwig, Jr., Lester Frank

	
SG53410

	
SG

	
10/04/1995

	
Multimedia communications via public telephone networks Ludwig, Jr., Lester Frank

	
6816904

	
US

	
5/4/2000

	
Networked video multimedia storage server environment Ludwig, Lester

	
10/931651

	
US

	
8/31/2004

	
Scalable networked multimedia system and applications Ludwig, Lester

	
CA2308147

	
CA

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

	
DE69837887.3

	
DE

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

	
DE69840427

	
DE

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

	
FR1814290

	
ES FR

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

	
FR1029273

	
FR

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

	
GB1814290

	
GB

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

	
GB1029273

	
GB

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

 

 

  

  

  

 

	 Patent or Application No.	Country     	  Filing Date	 Title of Patent and First Named Inventor
	
IE1814290

	
IE

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

	
11/246867

	
US

	
10/7/2005

	
Multiple-channel codec and transcoder environment for gateway, mcu, broadcast and video storage applications J. Chris Lauwers

	
11/814671

	
US

	
1/12/2006

	
Multiple-channel codec and transcoder environment for gateway, mcu, broadcast and video storage applications J. Chris Lauwers

	
EP06718435.8

	
EP

	
01/12/2006

	
Multiple-channel codec and transcoder environment for gateway, mcu, broadcast and video storage applications J. Chris Lauwers

	
KR10-2007­-7019362

	
KR

	
01/12/2006

	
Multiple-channel codec and transcoder environment for gateway, mcu, broadcast and video storage applications J. Chris Lauwers

	
SG200705449-7

	
SG

	
01/12/2006

	
Multiple-channel codec and transcoder environment for gateway, mcu, broadcast and video storage applications J. Chris Lauwers

	
EP942737.8

	
EP

	
6/9/2000

	
System And Method For Broswer-Based Multimedia Collaboration Reporting Burnett, Gerald, et al.

	
10/018,441

	
US

	
6/9/2000

	
System And Method For Broswer-Based Multimedia Collaboration Reporting Burnett, Gerald, et al.

	
11/625330

	
US

	
1/21/2007

	
Storing and accessing media files J. Chris Lauwers

	
90/009009

	
US

	
02/26/2008

	
Method for real-time communication between plural users Ludwig, Lester F.

	
90/009010

	
US

	
02/25/2008

	
Method and system for log-in­based video and multimedia calls Ludwig, Lester F.

	
90/009012

	
US

	
02/22/2008

	
Participant display and selection in video conference calls Ludwig, Lester F.

	
90/009013

	
US

	
02/25/2008

	
Multimedia collaboration system Ludwig, Lester F.

	
90/009018

	
US

	
03/03/2008

	
Synchronization in video conferencing Ludwig, Lester F.

	
90/009019

	
US

	
02/28/2008

	
System for call request which results in first and second call handle defining call state consisting of active or hold for its respective av device Ludwig, Lester F.

	
90/009023

	
US

	
02/27/2008

	
Multiple-editor authoring of multimedia documents including real-time video and time-insensitive media Ludwig, Lester F.

 

 

  

  

  

 

	 Patent or Application No.	Country      	 Filing Date	 Title of Patent and First Named Inventor
	
90/009024

	
US

	
02/27/2008

	
Multimedia mail, conference recording and documents in video conferencing Ludwig, Lester F.

	
90/009025

	
US

	
03/03/2008

	
Call control in video conferencing allowing acceptance and identification of participants in a new incoming call during an active teleconference Ludwig, Lester F.

	
90/009030

	
US

	
03/04/2008

	
Based video conferencing Ludwig, Lester F.

	
90/009032

	
US

	
03/05/2008

	
Two monitor videoconferencing hardware Ludwig, Lester F.

	
90/009035

	
US

	
03/06/2008

	
High-quality switched analog video communications over unshielded twisted pair Ludwig, Lester F.

	
90/009038

	
US

	
03/07/2008

	
Multiplexing video and control signals onto Ludwig, Lester F.

	
90/009040

	
US

	
03/05/2008

	
Teleconferencing system in which location video mosaic generator sends combined local participants images to second location video mosaic generator for displaying combined images Ludwig, Lester F.

	
90/009042

	
US

	
03/07/2008

	
Dedicated echo canceler for a workstation Ludwig, Lester F.

	
90/009044

	
US

	
03/14/2008

	
Multimedia collaboration system arrangement for routing compressed av signal through a participant site without decompressing the av signal Ludwig, Lester F.

	
90/009077

	
US

	
09/13/2008

	
Videoconferencing hardware Ludwig, Lester F.

	
90/009081

	
US

	
03/14/2008

	
Marking and searching capabilities in multimedia documents within multimedia collaboration networks Ludwig, Lester F.

	
CA2290701

	
CA

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
EP1307038

	
EP

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
EP1705913

	
EP

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
EP0721725

	
EP

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
EP0721726

	
EP

	
10/03/1994

	
Videoconference signal switching without decompression Ludwig, Lester F.

	
EP0899952

	
EP

	
10/03/1994

	
Call detection and handling in multimedia collaboration system Ludwig, Lester F.

	
EP0899953

	
EP

	
10/03/1994

	
Participant location in multimedia collaboration system Ludwig, Lester F.

 

 

  

  

  

 

	 Patent or Application No.	Country      	 Filing Date	 Title of Patent and First Named Inventor
	
EP0899954

	
EP

	
10/03/1994

	
Multimedia mail in teleconferencing system Ludwig, Lester F.

	
EP0898424

	
EP

	
03/16/1994

	
Multimedia teleconferencing system Ludwig, Lester F.

	
EP0912055

	
EP

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
EP0912056

	
EP

	
10/03/1994

	
Synchronization in a multimedia system Ludwig, Lester F.

	
EP99202661.7

	
EP

	
03/16/1994

	
Teleconferencing system Ludwig, Lester F.

	
PCT/US94/00 2961

	
WO

	
03/16/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
PCT/US94/01 1193

	
WO

	
10/03/1994

	
Multimedia collaboration system Ludwig, Lester F.

	
08/860575

	
US

	
10/04/1995

	
Methods and systems for multimedia communications via public telephone networks Ludwig, Jr., Lester Frank

	
90/009080

	
US

	
03/14/2008

	
Methods and systems for multimedia communication via public telephone networks Ludwig, Jr., Lester Frank

	
EP0801858

	
EP

	
10/04/1995

	
Multimedia central office and method of providing a plurality of multimedia telecommunication services Ludwig, Jr., Lester Frank

	
PCT/US95/01 3016

	
WO

	
10/04/1995

	
Multimedia communications via public telephone networks Ludwig, Jr., Lester Frank

	
60/064266

	
US

	
11/04/1997

	
Video storage server Ludwig, Lester

	
EP1814290

	
EP

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

	
EP1029273

	
EP

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

	
PCT/US98/02 3596

	
WO

	
11/04/1998

	
Scalable networked multimedia system and applications Ludwig, Lester

	
60/647168

	
US

	
1/25/2005

	
Multiple-channel codec and transcoder environment for gateway, MCU, broadcast and video storage applications Lester Ludwig

	
PCT/US06/00 1358

	
WO

	
01/12/2006

	
Multiple-channel codec and transcoder environment for gateway, MCU, broadcast and video storage applications J. Chris Lauwers

	
EP03023333.2

	
EP

	
10/04/1995

	
Multimedia communications via public telephone networks Ludwig, Jr., Lester Frank

	
08/869236

	
US

	
06/04/1997

	  

 

 

  

  

  

 

	 Patent or Application No.	Country       	  Filing Date	 Title of Patent and First Named Inventor
	
08/900807

	
US

	
07/25/1997

	  
	
08/982849

	
US

	
12/02/1997

	  
	
2,377,014

	
CA

	
12/07/01

	
System and method for browser-based multimedia collaboration reporting Burnett, Gerald, et al.

	
PCT/US00/15 990

	
WO

	
06/09/00

	
System and method for browser-based multimedia collaboration reporting Burnett, Gerald, et al.

	
60/138,921

	
US

	
06/11/99

	
System and method for browser-based multimedia collaboration reporting Burnett, Gerald

	
11/932,802

	
US

	
10/31/2007

	
System and method for browser-based multimedia collaboration reporting Burnett, Gerald, et al.

	
90/009082

	
US

	
03/14/2008

	
Methods and systems for multimedia communication via public telephone networks Ludwig, Jr., Lester Frank

	
90/009014

	
US

	
02/26/2008

	
System for teleconferencing in which collaboration types and participants by names or icons are selected by a participant of the teleconference Ludwig, Lester F.

	
90/009022

	
US

	
02/29/2008

	
Networked video multimedia storage server environment Ludwig, Lester

	
5689641

	
US

	
10/01/1993

	
Multimedia collaboration system arrangement for routing compressed AV signal through a participant site without decompressing the AV signal Ludwig, Lester F.

	
5867654

	
US

	
6/7/1996

	
Two monitor videoconferencing hardware Ludwig, Lester F.

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