Document:

Exhibit
10.1

 

PATENT PURCHASE AGREEMENT

 

This PATENT PURCHASE AGREEMENT (this “Agreement”) is entered into, as of
the Effective Date (defined below), by and between Embedded Technologies, LLC,
a Delaware limited liability company, with an office at c/o InfoLogix, Inc.,
101 E. County Line Road, Suite 210, Hatboro, PA 19040 (“Seller”) and Intellectual Ventures
Fund 68 LLC, a Nevada limited liability company, with an address at 7251 W Mead
Blvd, Ste. 300, Las Vegas, NV 89128 (“Purchaser”).  The parties hereby agree as follows:

 

1.             BACKGROUND

 

1.1          Seller
is owner of record of US Patent 6,121,960 and South Korea Patent KR 10-0627378,
entitled “Touch Screen Systems and Methods, and Seller owns lapsed US
provisional patent applications, and lapsed or abandoned foreign patent
applications, that correspond to said US and South Korean Patents.

 

1.2          Seller
obtained ownership of the US and South Korean Patents and the lapsed and
abandoned applications by conveyances from VIA, Inc. of Burnsville,
Minnesota, who was formerly the owner, and from Community National Bank, who
held a security interest in the properties of VIA, Inc., as a part of a
court approved plan by which VIA, Inc. emerged from bankruptcy in 2004.

 

1.3          Seller
has disclosed Seller’s due diligence files and documentation on the patents and
applications and documentation on the bankruptcy of VIA, Inc. to
Purchaser, insofar as documentation is available to Seller, including
documentation of Pre-bankruptcy Agreements (defined below) entered by VIA, Inc.
or its predecessors.

 

1.4          Seller
wishes to sell to Purchaser all its right, title, and interest in such patents
and applications and the causes of action to sue for infringement thereof and
other enforcement rights.

 

1.5          Purchaser
wishes to purchase from Seller all right, title, and interest in the Assigned
Patent Rights (defined below), free and clear of any restrictions, liens,
claims, and encumbrances, other than the Pre-Bankruptcy Agreements (as defined
below).

 

2.             DEFINITIONS

 

“Abandoned
Assets”  means those specific provisional patent applications, patent
applications, patents and other governmental grants or issuances listed on Exhibit C (as such list may be
updated based on Purchaser’s review pursuant to paragraph 3.1).

 

“Assigned
Patent Rights”  means the Patents and the additional rights set forth in paragraph 4.2.

 

“Assignment
Agreements” means the
agreements assigning ownership of the Assigned Patent Rights and the Abandoned
Assets from the inventors and/or prior owners to Seller.

 

“Common
Interest Agreement”
means an agreement, in the form set forth on Exhibit E,
setting forth the terms under which Seller and Purchaser will protect certain
information relating to the Patents under the common interest privilege.

 

“Docket” means Seller’s or its agents’ list or other means of tracking
information

 

 

relating to the prosecution or maintenance of the
Patents throughout the world, including, without limitation, the names,
addresses, email addresses, and phone numbers of prosecution counsel and
agents, and information relating to deadlines, payments, and filings, which
list or other means of tracking information is current as of the Effective
Date.

 

“Effective Date”  means
the date set forth as the Effective Date on the signature page of this
Agreement.

 

“Executed Assignments” means both the executed and witnessed Assignment of Patent Rights in Exhibit B,  the executed Assignment of Rights in Certain
Assets in Exhibit C, each as
signed by a duly authorized representative of Seller, and the additional
documents Seller may be required to execute and deliver under paragraph 5.3.

 

“Live Assets”  means
US Patent 6,121,960 and South Korea Patent KR10-0627378, and any of the
provisional patent applications and US or foreign patent applications listed on  Exhibits A and/or B  (as such lists may be updated based on Purchaser’s review pursuant to
paragraph 3.1).

 

“Patents” means, excluding the Abandoned Assets, all

 

(a) Live Assets;

 

(b) patents or
patent applications

 

(i)            to which any of the Live Assets
directly or indirectly claims priority,

(ii)           for which any of the Live Assets
directly or indirectly forms a basis for priority, and/or

(iii)          that were co-owned applications that
incorporate by reference, or are incorporated by reference into the Live Assets
for the purpose of claiming priority under 35 U.S.C. §119(e);

 

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

 

(d) foreign patents,
patent applications and counterparts relating to 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, and other governmental grants or issuances; and (e) any
items in any of the foregoing categories (b) through (d) whether or
not expressly listed as Live Assets  and
whether or not claims in any of the foregoing have been rejected, withdrawn,
cancelled, or the like.

 

“Pre-bankruptcy
Agreements” means the agreements
listed in Exhibit F.

 

“Primary Warranties” means,
collectively, the representations and warranties of Seller set forth in
paragraphs 6.1, 6.2, 6.3, 6.4, and 6.5 hereof.

 

“Prosecution History Files”  means all files, documents and
tangible things, as those terms have been interpreted pursuant to rules and
laws governing the production of documents and things, constituting, comprising
or relating to the investigation, evaluation, preparation, prosecution,
maintenance, defense, filing, issuance, registration, assertion or enforcement
of the Patents.

 

“Transmitted Copy” has the meaning set forth in paragraph
8.12.

 

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3.             TRANSMITTAL, REVIEW, CLOSING CONDITIONS AND PAYMENT

 

3.1          Transmittal.  Within
twenty (20) calendar days following the later of the Effective Date or the
date Purchaser receives a Transmitted Copy of this Agreement executed by
Seller, Seller will send to Purchaser, or its legal counsel, the items
identified on Exhibit D (the “Initial Deliverables”).  Seller acknowledges and agrees that Purchaser
may request, and Seller will promptly deliver to Purchaser or its legal
counsel, as directed by Purchaser, such additional documents as are reasonably
available to Seller and are requested by Purchaser, based on Purchaser’s review
of the Initial Deliverables (such additional documents and the Initial
Deliverables are, collectively, the “Deliverables”),
and that as a result of Purchaser’s review, the lists of Live Assets on Exhibits  A and B and the
list of Abandoned Assets on Exhibit C,
may be revised by Purchaser, with mutual agreement of Seller (evidenced by one
or more Executed Assignments), both before and after the Closing to conform
these lists to the definition of Patents (and these revisions may therefore
require the inclusion of additional provisional patent applications, patent
applications, and patents on Exhibit A
and B or Exhibit C).  To the extent any of the Live Assets are
removed for any reason, the payment in paragraph 3.4 may be reduced by mutual
agreement of the parties.  If originals
of the Deliverables are not delivered to Purchaser prior to Closing, Seller
will cause (i) such originals of the Deliverables to be sent to Purchaser
or Purchaser’s representative promptly if and after such originals are located
or after such originals become available to Seller, and (ii) Seller will
deliver to Purchaser a declaration, executed under penalty of perjury, detailing
Seller’s efforts to locate such unavailable original documents and details
regarding how delivered copies were obtained.

 

3.2          Closing.  The closing of the sale of the Assigned
Patent Rights and the assignment of the Abandoned Assets hereunder will occur
when all conditions set forth in paragraph 3.3 have been satisfied or waived
and the payment set forth in paragraph 3.4 is made (the “Closing”). 
Purchaser and Seller will use reasonable efforts to carry out the
Closing within thirty (30) calendar days following the later of the Effective
Date or the date on which the last of the Deliverables was received by
Purchaser.

 

3.3          Closing
Conditions.  The following are
conditions precedent to Purchaser’s obligation to make the payment in paragraph
3.4.

 

(a)           Signature by Seller.  Seller timely executed this Agreement and
delivered a Transmitted Copy of this Agreement to Purchaser’s representatives
by not later than June 10, 2010 at 5:00 p.m., Pacific Time and
promptly delivered two (2) executed originals of this Agreement to
Purchaser’s representatives.

 

(b)           Transmittal of Documents.  Seller delivered to Purchaser all the
Deliverables.

 

(c)           Compliance With Agreement.  Seller performed and complied in all respects
with all of the obligations under this Agreement that are to be performed or
complied with by it on or prior to the Closing.

 

(d)           Representations and Warranties
True.  Purchaser is satisfied that,
as of the Effective Date and as of the Closing, the representations and
warranties of Seller contained in Section 6 are true and correct.

 

(e)           Patents
Not Abandoned.  Purchaser is
satisfied that, as of the Effective Date and as
of the Closing, none of the assets that are
included in the Patents have expired, lapsed, been abandoned, or deemed
withdrawn.

 

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(f)            Delivery
of Executed Assignments.  Seller
caused the Executed Assignments to be delivered to Purchaser’s representatives.

 

(g)           Release
of Security Interest.  Any interest
that Hercules, Inc. (and any successors thereto or affiliates thereof) has
or may have had in the Assigned Patent Rights (collectively, the “Hercules Security Interest”) has
been fully and finally released pursuant to the form set forth in Exhibit G, and Seller shall
have (i) caused a fully executed copy of any such release to be delivered
to Purchaser’s representatives, (ii) filed such release in any applicable
jurisdictions, and (iii) caused satisfactory evidence of such filing to be
delivered to Purchaser’s representatives.

 

3.4          Payment.  At Closing, Purchaser will pay to Seller the
amount of Two Million Two Hundred Thousand U.S. Dollars (US $2,200,000) by wire
transfer.  Prior to Closing, Seller will
furnish Purchaser with all necessary information to make a wire transfer to a
designated bank account of Seller. 
Purchaser may record the Executed Assignments with the applicable patent
offices only on or after Closing.

 

3.5          Termination
and Survival.  In the event all
conditions to Closing set forth in paragraph 3.3 are not met within ninety (90)
days following the Effective Date, Purchaser will have the right to terminate
this Agreement by written notice to Seller. 
Upon termination, Purchaser will return all documents delivered to
Purchaser under this Section 3 to Seller. 
The provisions of Section 8 will survive any termination.

 

4.             TRANSFER OF PATENTS AND ADDITIONAL RIGHTS

 

4.1          Assignment of Patents. 
Upon the Closing, Seller hereby sells, assigns, transfers, and conveys
to Purchaser all right, title, and interest in and to the Assigned Patent Rights.  Seller understands and acknowledges that, if
any rights in the Patents are assigned or licensed to Seller’s affiliates or
subsidiaries, Seller may be required prior to or concurrently with the Closing
to perform certain actions to establish that Seller is the assignee of all
rights or licenses in the Assigned Patent Rights of said affiliates or
subsidiaries, by recording appropriate assignments or presenting recordable
assignments to that effect at the time of Closing.  On or before Closing, Seller will execute and
deliver to Purchaser the Assignment of
Patent Rights in the form set forth in Exhibit B
(as may be updated based on Purchaser’s review pursuant to paragraph 3.1).

 

4.2          Assignment of Additional Rights. 
Upon the Closing, Seller hereby also sells, assigns, transfers, and
conveys to Purchaser all right, title and interest in and to all

 

(a)           inventions, invention disclosures, and discoveries described in any of
the Patents or Abandoned Assets that (i) are encompassed by any claim in
the Patents or Abandoned Assets, and/or (ii) are subject matter capable of
being reduced to a patent claim in a reissue or reexamination proceeding
brought on any of the Patents or Abandoned Assets;

 

(b)           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 corresponding to any of the
Patents and the inventions, invention disclosures, and discoveries therein;

 

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(c)           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 subparagraph 4.2(b), 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

 

(d)           rights to collect
royalties or other payments under or on account of any of the Patents and/or
any of the foregoing, but excluding any royalties paid under the Pre-Bankruptcy
Agreements prior to the Effective Date.

 

4.3          Assignment of Rights in Certain
Assets.  Upon the Closing, Seller
hereby sells, assigns, transfers, and conveys
to Purchaser all of Seller’s right, title, and interest in and to the Abandoned
Assets.  On or before Closing, Seller
will execute and deliver to Purchaser the Assignment of Certain Rights in the form
set forth in Exhibit C (as may be
updated based on Purchaser’s review pursuant to paragraph 3.1).

 

4.4          License Back to Seller under
Patents.  Upon the Closing, Purchaser
hereby grants to Seller and to Seller’s parent company, InfoLogix, Inc.
(“Parent”), under the Patents, and
for the lives thereof, a royalty-free, non-exclusive, non-sublicensable,
non-transferable right and license (“Seller License”)
to practice the methods and to make, have made, use, distribute, lease, sell,
offer for sale, import, export, develop and otherwise dispose of and exploit
any Seller products covered by the Patents (“Covered
Products”).  The Seller
License shall apply to the production and subsequent distribution of Covered
Products under Seller’s or Parent’s trademarks and brands and in substantially
similar form as they are distributed by the Seller or Parent, by their
authorized agents such as a distributor, replicator, VAR or OEM.  The
Seller License shall not cover foundry or contract manufacturing activities
that Seller may undertake on behalf of any person that is not Seller or
Parent.  As a result, Covered Products
shall exclude any products or services manufactured, produced or provided by
Seller or Parent on behalf of any person that is not Seller or Parent (a) from
designs received in substantially completed form from a source other than
Seller or Parent and (b) for resale to such person that is not Seller or
Parent (or to customers of, or as directed by, any person that is not either
Seller or Parent) on essentially an exclusive basis. The Seller
License is nontransferable (by operation of law or otherwise), and any
attempted transfer will be void.

 

4.5          Pre-Bankruptcy Agreements.  Notwithstanding anything to the contrary
herein, Purchaser acknowledges and agrees that the Patents are subject to the
licenses granted pursuant to the Pre-bankruptcy Agreements.

 

5.             ADDITIONAL OBLIGATIONS

 

5.1          Further
Cooperation.

 

(a)           At
the reasonable request of Purchaser after Closing, Seller will execute and
deliver such other instruments and do and perform such other acts and things as
may be necessary or reasonably desirable for effecting completely the
consummation of the transactions contemplated hereby, including, without
limitation, execution, acknowledgment, and recordation of other such papers,
and using commercially reasonable efforts to obtain the same from the
respective predecessors or inventors, as necessary or desirable for fully
perfecting and conveying unto Purchaser the benefit of the transactions
contemplated hereby.

 

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(b)           To
the extent any attorney-client privilege or the attorney work-product doctrine
applies to any portion of the Prosecution History Files and that is retained
after Closing under Seller’s or Seller’s representatives’ normal document
retention policy, Seller will ensure that, if any such portion of the
Prosecution History File remains under Seller’s possession or control after
Closing, it is not disclosed to any third party unless (a) disclosure is
ordered by a court of competent jurisdiction, after all appropriate appeals to
prevent disclosure have been exhausted, and (b) Seller gave Purchaser
prompt notice upon learning that any third party sought or intended to seek a
court order requiring the disclosure of any such portion of the Prosecution
History File.  In addition, Seller will
continue to prosecute, maintain, and defend the Patents at its sole expense
until the Closing.

 

(c)           Seller
will cooperate with Purchaser, at the reasonable request of Purchaser after
Closing, in efforts by Purchaser to obtain from the respective inventors,
prompt production of pertinent facts and documents, otherwise giving of
testimony, execution of petitions, oaths, powers of attorney, specifications,
declarations or other papers and other assistance reasonably necessary for
filing patent applications, enforcement or other actions and proceedings with
respect to the claims under the Patents. 
Purchaser shall compensate Seller for any reasonable, documented
disbursements and time incurred after Closing in connection with providing
assistance under this subparagraph 5.1(c) in connection with any
enforcement or other infringement action regarding the Patents, under a
standard billable hour rate of Seller; provided that Seller shall have
furnished Purchaser an advance, written estimate of the fees and costs for such
assistance and Purchaser shall have agreed in writing to pay such fees and
costs. Seller represents that (i) the inventors have never been employees
of Seller, and are not contractually obligated to Seller and (ii) Seller
has no knowledge about the willingness or unwillingness of the inventors to
cooperate following bankruptcy of VIA, Inc. or otherwise.

 

5.2          Payment
of Fees.  Seller will pay any
maintenance fees, annuities, and the like due or payable on the Patents until
the Closing.  For the avoidance of doubt,
Seller shall pay any maintenance fees for which the fee is payable (e.g., the
fee payment window opens) on or prior to the Closing even if the surcharge date
or final deadline for payment of such fee would be after the Closing. Seller
hereby gives Purchaser a limited power-of-attorney to (a) execute
documents in the name of Seller after Closing but only insofar as necessary to
effectuate the recordation of the transfers of any portion of the Patents in
any governmental filing office in the world and (b) to pay or to engage
legal counsel to pay maintenance fees and annuities in the name of Seller prior
to Closing if Seller should fail or decline to pay such fees and annuities
prior to Closing.

 

5.3          Foreign
Assignments.  To the extent the
Patents include non-United States patents and patent applications, Seller will
deliver to Purchaser’s representatives at Closing executed assignments in
Seller’s possession.  Seller agrees after
Closing to execute and deliver to Purchaser further assignment documents that
Purchaser may provide in a form that may be required in the non-US jurisdiction
to perfect the assignment to Purchaser of the non-U.S. patents and patent
applications.

 

6.             REPRESENTATIONS AND WARRANTIES OF SELLER

 

Seller hereby represents and warrants to Purchaser
as follows that, as of the Effective Date and as of the Closing:

 

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6.1          Authority.  Seller is a company duly formed, validly
existing, and in good standing under the laws of the jurisdiction of its
formation.  Seller has the full power and
authority and has obtained all third party consents, approvals, and/or other
authorizations required to enter into this Agreement and to carry out its
obligations hereunder, including, without limitation, the assignment of the
Assigned Patent Rights to Purchaser.

 

6.2          Title
and Contest.  Seller owns all right,
title, and interest to the Assigned Patent Rights, including the right to sue
for infringement of the Patents.  Seller
has produced true and correct copies of the records of the respective patent
office or governmental agency in each relevant jurisdiction showing applicant
and owner identifications, assignments or changes of applicant identification,
grants and releases of security interests, and related documentation
establishing the complete and correct chain of title for each of the Live
Assets ending with Seller in accordance with governing law and regulations in
the relevant jurisdictions. As of the Closing, Seller has obtained and properly
recorded previously executed assignments for the Patents (excluding the
Abandoned Assets) as necessary to fully perfect its rights and title therein in
accordance with governing law and regulations in each respective
jurisdiction.  As of the Effective Date,
the Assigned Patent Rights are free and clear of all liens, claims, mortgages,
security interests or other encumbrances, and restrictions, other than the
Hercules Security Interest and the Pre-Bankruptcy Agreements. As of the
Closing, the Assigned Patent Rights are free and clear of all liens, claims,
mortgages, security interests or other encumbrances, and restrictions other
than the Pre-Bankruptcy Agreements. 
There are no actions, suits, investigations, claims, or proceedings
threatened, pending, or in progress relating in any way to the Assigned Patent
Rights.  There are no currently existing
contracts, agreements, options, commitments, proposals, bids, offers, or rights
with, to, or in any person to acquire any of the Assigned Patent Rights.

 

6.3          Existing
Licenses and Obligations. There is no obligation imposed by a
standards-setting organization to license any of the Patents on particular
terms or conditions.  Except as may be set forth in
the Pre-bankruptcy Agreements documented in Exhibit F,
no licenses under the Patents have been granted or retained by Seller, any
prior owners, or inventors.  To Seller’s
knowledge following reasonable due diligence and investigation, no licensee
exercised an option under Section 365(n) of the United States
Bankruptcy Code, 11 U.S.C. §365(n) during the bankruptcy of VIA, Inc.,
including those licensees or potential licensees or their successors as
mentioned in the Pre-bankruptcy Agreements documented in Exhibit F.  After Closing, except for the Seller License
granted herein or as may be set forth in the Pre-bankruptcy Agreements
documented in Exhibit F, none of
Seller, any prior owner, or any inventor retain any rights or interest in the
Assigned Patent Rights.  None of
the Pre-bankruptcy Agreements  contains
an exclusive grant or right and, except as expressly noted on Exhibit F, each such license is
nontransferable and nonsublicensable. 
True and correct copies of each of the Pre-bankruptcy Agreements have
been provided to Purchaser.

 

6.4          Restrictions
on Rights.  To Seller’s knowledge
following reasonable due diligence and investigation, and except as may be set
forth in the Pre-bankruptcy Agreements documented in Exhibit F,
Purchaser will not be subject to any covenant not to sue or similar
restrictions on its enforcement or enjoyment of the Assigned Patent Rights or
the Abandoned Assets as a result of any prior transaction related to the
Assigned Patent Rights or the Abandoned Assets.

 

6.5          Validity and Enforceability.  To Seller’s knowledge following reasonable
due diligence and investigation, none of the Patents or the Abandoned Assets
(other than Abandoned Assets for which abandonment resulted from unpaid fees
and/or annuities, or

 

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failure
to request examination or otherwise to prosecute or maintain) has ever been
found invalid, unpatentable, or unenforceable for any reason in any
administrative, arbitration, judicial or other proceeding, and Seller does not
know of and has not received any notice or information of any kind from any
source suggesting that the Patents may be invalid, unpatentable, or
unenforceable.  If any of the Patents are
terminally disclaimed to another patent or patent application, all patents and
patent applications subject to such terminal disclaimer are included in this
transaction.  To Seller’s knowledge
following reasonable due diligence and investigation, to the extent “small
entity” fees were paid to the United States Patent and Trademark Office for any
Patent, such reduced fees were then appropriate because the payor qualified to
pay “small entity” fees at the time of such payment and specifically had not
licensed rights in any of the Patents to an entity that was not a “small
entity.”

 

6.6          Conduct.  To Seller’s knowledge following reasonable
due diligence and investigation, none of Seller, a prior owner or their
respective agents or representatives have engaged in any conduct, or omitted to
perform any necessary act, the result of which would invalidate any of the
Patents or hinder their enforcement, including, without limitation,
misrepresenting the Patents to a standard-setting organization.

 

6.7          Enforcement.
Seller has not put a third party on notice of actual or potential infringement
of any of the Patents or the Abandoned Assets. 
Except for communications in connection with sale of the Patents and the
Abandoned Assets, true and correct copies of which communications have been provided
to Purchaser, Seller has not invited any third party to enter into a license
under any of the Patents or the Abandoned Assets.  Seller has not initiated any enforcement
action with respect to any of the Patents or the Abandoned Assets.

 

6.8          Patent
Office Proceedings.  None of the
Patents or the Abandoned Assets has been or is currently involved in any
reexamination, reissue, interference proceeding, or any similar proceeding, and
no such proceedings are pending or threatened.

 

6.9          Fees.  To Seller’s knowledge following reasonable
due diligence and investigation, all maintenance fees, annuities, and the like
due or payable on the Patents have been timely paid.  For the avoidance of doubt, such timely
payment includes payment of any maintenance fees for which the fee is payable
as of the Closing (e.g., the fee payment window is then open) even if the
surcharge date or final deadline for payment of such fee would be in the
future.

 

6.10        Abandoned Assets.  To Seller’s knowledge following reasonable
due diligence and investigation, according to each applicable patent office,
each of the Abandoned Assets has expired, lapsed, or been abandoned or deemed
withdrawn.

 

7.             REPRESENTATIONS AND WARRANTIES OF PURCHASER

 

Purchaser hereby represents and warrants to Seller  as follows that, as of the Effective Date and as of the
Closing:

 

7.1          Purchaser
is a limited liability company duly formed, validly existing, and in good
standing under the laws of the jurisdiction of its formation.

 

7.2          Purchaser
has all requisite power and authority to (i) enter into, execute, and
deliver this Agreement and (ii) perform fully its obligations hereunder.

 

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8.             MISCELLANEOUS

 

8.1          Limitation
of Liability.  THE TOTAL LIABILITY OF
EITHER PURCHASER OR SELLER UNDER THIS AGREEMENT FOR ANY REASON SHALL NOT EXCEED
ONE AND ONE HALF (1.5) TIMES THE PURCHASE PRICE SET FORTH IN PARAGRAPH 3.4 OF
THIS AGREEMENT.  THE PARTIES ACKNOWLEDGE
THAT THE LIMITATIONS ON POTENTIAL LIABILITIES SET FORTH IN THIS PARAGRAPH 8.1
WERE AN ESSENTIAL ELEMENT IN SETTING CONSIDERATION UNDER THIS AGREEMENT.

 

8.2          Limitation on Consequential Damages.  EXCEPT IN THE EVENT OF SELLER’S OR PURCHASER’S
INTENTIONAL MISREPRESENTATION, NEITHER PARTY WILL HAVE ANY OBLIGATION OR
LIABILITY (WHETHER IN CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE) OR
OTHERWISE, AND NOTWITHSTANDING ANY FAULT, NEGLIGENCE (WHETHER ACTIVE, PASSIVE
OR IMPUTED), REPRESENTATION, STRICT LIABILITY OR PRODUCT LIABILITY), FOR COVER
OR FOR ANY INCIDENTAL, INDIRECT OR CONSEQUENTIAL, MULTIPLIED, PUNITIVE,
SPECIAL, OR EXEMPLARY DAMAGES OR LOSS OF REVENUE, PROFIT, SAVINGS OR BUSINESS
ARISING FROM OR OTHERWISE RELATED TO THIS AGREEMENT, EVEN IF A PARTY OR ITS
REPRESENTATIVES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.  THE PARTIES ACKNOWLEDGE THAT THESE EXCLUSIONS
OF POTENTIAL DAMAGES WERE AN ESSENTIAL ELEMENT IN SETTING CONSIDERATION UNDER
THIS AGREEMENT.

 

8.3          Compliance With Laws.  Notwithstanding anything contained in this
Agreement to the contrary, the obligations of the parties with respect to the
consummation of the transactions contemplated by this Agreement shall be
subject to all laws, present and future, of any government having jurisdiction
over the parties and this transaction, and to orders, regulations, directions
or requests of any such government.

 

8.4          Confidentiality
of Terms.  The parties hereto will
keep the terms of this Agreement and the identities of the parties hereto and
their affiliates confidential and will not now or hereafter divulge any of this
information to any third party except (a) with the prior written consent
of the other party; (b) as otherwise may be required by law or legal
process; (c) during the course of litigation, so long as the disclosure of
such terms and conditions is restricted in the same manner as is the confidential
information of other litigating parties; (d) in confidence to its legal
counsel, accountants, banks, and financing sources and their advisors solely in
connection with complying with or administering its obligations with respect to
this Agreement; (e) by Purchaser, to potential purchasers or licensees of
the Assigned Patent Rights or the Abandoned Assets; (f)  in order to
perfect Purchaser’s interest in the Assigned Patent Rights or the Abandoned
Assets with any governmental patent office (including, without limitation,
recording the Executed Assignments in any governmental patent office); or (g) to
enforce Purchaser’s right, title, and interest in and to the Assigned Patent
Rights or the Abandoned Assets; provided that, in (b) and (c) above, (i) to
the extent permitted by law, the disclosing party will use all legitimate and
legal means available to minimize the disclosure to third parties, including,
without limitation, seeking a confidential treatment request or protective
order whenever appropriate or available; and (ii) the disclosing party
will provide the other party with reasonable prior written notice of such
disclosure.  Without limiting the
foregoing, Seller will cause its agents involved in this transaction to abide
by the terms of this paragraph, including, without limitation, ensuring that
such agents do not disclose or otherwise publicize the existence of this
transaction with actual or potential clients in marketing materials, or
industry conferences.

 

9

 

8.5          Governing
Law; Venue/Jurisdiction.  This
Agreement will be interpreted, construed, and enforced in all respects in
accordance with the laws of the State of Delaware, without reference to its
choice of law principles to the contrary. 
Neither party will commence or prosecute any action, suit, proceeding or
claim arising under or by reason of this Agreement other than in the state or
federal courts located in Delaware. 
Purchaser and Seller irrevocably consent to the jurisdiction and venue of
the courts identified in the preceding sentence in connection with any action,
suit, proceeding, or claim arising under or by reason of this Agreement.

 

8.6          Notices.  All notices given hereunder will be given in
writing (in English or with an English translation), will refer to Purchaser
and Seller and to this Agreement and will be delivered to the address set forth
below by (i) personal delivery, (ii) delivery postage prepaid by an
internationally-recognized express courier service, or (iii) facsimile:

 

	
  If
  to Purchaser

  	
  If
  to Seller

  
	
  Intellectual
  Ventures Fund 68 LLC

  	
  Embedded
  Technologies, LLC

  
	
  7251
  W Mead Blvd

  	
  c/o
  InfoLogix, Inc.

  
	
  Ste
  300

  	
  101
  E. County Line Road, Suite 210

  
	
  Las
  Vegas, NV 89128

  	
  Hatboro,
  PA 19040

  
	
   

  	
   

  
	
   

  	
  Attn:

  	
   

  
	
  Attn:
  Managing Director

  	
  Facsimile:

  
	
  Facsimile:

  	
   

  

 

Notices are deemed given on (a) the date of
receipt if actually received or shown to have been successfully transmitted (b) if
delivery is by personal delivery or by express courier and is refused, the date
of refusal.  Notice given in any other
manner will be deemed to have been given only if and when received at the
address of the person to be notified. 
Either party may from time to time change its address for notices under
this Agreement by giving the other party written notice of such change in
accordance with this paragraph.

 

8.7          Relationship
of Parties.  The parties hereto are
independent contractors.  Nothing in this
Agreement will be construed to create a partnership, joint venture, franchise,
fiduciary, employment or agency relationship between the parties.  Neither party has any express or implied
authority to assume or create any obligations on behalf of the other or to bind
the other to any contract, agreement or undertaking with any third party.

 

8.8          Equitable
Relief.  Seller acknowledges and
agrees that damages alone would be insufficient to compensate Purchaser for a
breach by Seller of this Agreement and that irreparable harm would result from
a breach of this Agreement.  Seller hereby
consents to the entering of an order for injunctive relief to prevent a breach
or further breach, and the entering of an order for specific performance to
compel performance of any obligations under this Agreement.

 

8.9          Severability.  If any provision of this Agreement is found
to be invalid or unenforceable, then the remainder of this Agreement will have
full force and effect, and the invalid provision will be modified, or partially
enforced, to the maximum extent permitted to effectuate the original objective.

 

8.10        Waiver.  Failure by either party to enforce any term
of this Agreement will not be deemed a waiver of future enforcement of that or
any other term in this Agreement or any other agreement that may be in place
between the parties.

 

10

 

8.11        Miscellaneous.  This Agreement, including its
exhibits, constitutes the entire agreement between the parties with respect to
the subject matter hereof and merges and supersedes all prior and
contemporaneous agreements, understandings, negotiations, and discussions.  Neither of the parties will be bound by any
conditions, definitions, warranties, understandings, or representations with
respect to the subject matter hereof other than as expressly provided herein.  The section headings contained in this Agreement
are for reference purposes only and will not affect in any way the meaning or
interpretation of this Agreement.  This
parties acknowledge that the intent of the parties is that the Agreement is not
intended to confer any right or benefit on any third party (including, but not
limited to, any employee or beneficiary of any party), and no action may be
commenced or prosecuted against a party by any third party claiming as a
third-party beneficiary of this Agreement or any of the transactions contemplated
by this Agreement.  No
oral explanation or oral information by either party hereto will alter the
meaning or interpretation of this Agreement. 
No amendments or modifications will be effective unless in a writing
signed by authorized representatives of both parties.  The terms and conditions of this Agreement
will prevail notwithstanding any different, conflicting or additional terms and
conditions that may appear on any letter, email or other communication or other
writing not expressly incorporated into this Agreement.  The following exhibits are attached hereto
and incorporated herein:  Exhibit A (entitled “Patents to be
Assigned”); Exhibit B  (entitled
“Assignment of Patent Rights”); Exhibit C
(entitled “Assignment of Rights in Certain Assets”); Exhibit
D (entitled “List of Initial Deliverables”); Exhibit E (entitled “Common Interest
Agreement”); Exhibit F (entitled “Pre-bankruptcy
Agreements”); and Exhibit G (entitled “Release
of Security Interest”).

 

8.12        Counterparts;
Electronic Signature; Delivery Mechanics.  This
Agreement may be executed in counterparts, each of which will be deemed an
original, and all of which together constitute one and the same
instrument.  Each party will execute and
promptly deliver to the other parties a copy of this Agreement bearing the
original signature.  Prior to such
delivery, in order to expedite the process of entering into this Agreement, the
parties acknowledge that a Transmitted Copy of this Agreement will be deemed an
original document.  “Transmitted Copy” means a copy bearing a
signature of a party that is reproduced or transmitted via email of a .pdf
file, photocopy, facsimile, or other process of complete and accurate
reproduction and transmission.

 

8.13        Publicity and SEC
Reporting.  Seller may divulge the terms of this
Agreement or identity of the parties hereto as reasonably necessary in the
judgment of Seller’s legal counsel to comply with public disclosure duties of
public companies, provided that such disclosure will be limited to the specific
information that is required by law to be disclosed, and in no event
will Seller file with the Securities and Exchange Commission (“SEC”) or otherwise disclose any of
the following information: (1) any identifying information regarding Purchaser
or its affiliates, other than Purchaser’s name (but excluding such information
required to be disclosed by the SEC under any laws or regulations enacted or
adopted after the Effective Date); (2) any identifying information regarding
the Patents, including without limitation patent numbers and patent application
numbers (but excluding such information required to be disclosed by the SEC
under any laws or regulations enacted or adopted after the Effective Date); or
(3) any of the exhibits to this Agreement (but excluding such information
required to be disclosed by the SEC under any laws or regulations enacted or
adopted after the Effective Date).  In the event that Seller discloses any
identifying information regarding Purchaser or its affiliates that is required
to be disclosed by the SEC under any laws or regulations enacted or
adopted after the Effective Date, Seller will use commercially reasonable
efforts to obtain from the SEC confidential treatment of such information.

 

11

 

In
witness whereof, intending to be legally bound, the parties have executed this
Patent Purchase Agreement as of the Effective Date.

 

	
  SELLER:

  	
  PURCHASER:

  
	
   

  	
   

  
	
  EMBEDDED
  TECHNOLOGIES, LLC

  	
  NAME
  OF PURCHASER LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/
  Eric N. Rubino

  	
   

  	
  By:

  	
  /s/
  Joe Kesiqura

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Name:
  Eric N. Rubino

  	
  Name:
  Joe Kesiqura

  
	
   

  	
   

  
	
  Title:
  Chief Operating Officer

  	
  Title:
  Authorized Person

  

 

Effective Date: June 3, 2010

 

12

 

Exhibit A

 

PATENTS TO BE ASSIGNED

 

	
  Patent
  or Application No.

  	
   

  	
  Country

  	
   

  	
  Filing Date

  	
   

  	
  Title of Patent and First

  Named Inventor

  
	
  6,121,960
  (on application no. 08/919,527)

  	
   

  	
  US

  	
   

  	
  08/28/1997

  	
   

  	
  Touch
  screen systems and methods

   

  David
  W. Carroll

  
	
  10-0627378
  (on application no. KR10-1999-7001648)

  	
   

  	
  KR

  	
   

  	
  02/27/1999

  	
   

  	
  Touch
  screen systems and methods

   

  David
  W. Carroll

  

 

 

Exhibit B

 

ASSIGNMENT OF PATENT RIGHTS

 

For
good and valuable consideration, the receipt of which is hereby acknowledged,
Embedded Technologies, LLC, a Delaware limited liability company, with an
office at c/o InfoLogix, Inc., 101 E. County Line Road, Suite 210, Hatboro, PA
19040 (“Assignor”),
does hereby sell, assign, transfer, and convey unto Intellectual Venture Fund
68 LLC, a Nevada limited liability company, having an address at 7251 W Mead
Blvd Ste 300 Las Vegas, NV 89128 (“Assignee”),
or its designees, all right, title, and interest that exist today and may exist
in the future in and to any and all of the following (collectively, the “Patent Rights”):

 

(a)           the provisional
patent applications, patent applications and patents listed in the table below
(the “Patents”);

 

	
  Patent
  or Application No.

  	
   

  	
  Country

  	
   

  	
  Filing Date

  	
   

  	
  Title of Patent and First

  Named Inventor

  
	
  6,121,960

  	
   

  	
  US

  	
   

  	
  08/28/1997

  	
   

  	
  Touch
  screen systems and methods

   

  David
  W. Carroll

  
	
  10-0627378

  	
   

  	
  KR

  	
   

  	
  02/27/1999

  	
   

  	
  Touch
  screen systems and methods

   

  David
  W. Carroll

  

 

(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, or (iii) that were co-owned applications that for the
purpose of claiming priority under 35 U.S.C. §119(e) incorporate by reference,
or are 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 foreign
patents, patent applications, and counterparts relating to 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, and other governmental grants or issuances;

 

(e)           all items in any of the foregoing in
categories (b) through (d), whether or not expressly listed as Patents and
whether or not claims in any of the foregoing have been rejected, withdrawn,
cancelled, or the like;

 

 

(f)            inventions, invention
disclosures, and discoveries described in any of the Patents and/or any item in
the foregoing categories (b) through (e) that (i) are encompassed by any claim
in the Patents and/or any item in the foregoing categories (b) through (e),
and/or (ii) are subject matter capable of being reduced to a patent claim in a
reissue or reexamination proceeding brought on any of the Patents and/or any
item in the foregoing categories (b) through (e);

 

(g)           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 corresponding to any item in any of the foregoing
categories (a) through (f), 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;

 

(h)           all 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 any item
in any of the foregoing categories (b) through (g), including, without
limitation, all causes of action and other enforcement rights for

(1)       damages, 

(2)       injunctive relief, and 

(3)       any other remedies of any kind

for past, current,
and future infringement; and

 

(i)            all rights to collect unpaid royalties and
other payments under or on account of any of the Patents and/or any item in any
of the foregoing categories (b) through (h), but excluding any royalties paid
prior to the date hereof under any pre-existing license agreements disclosed to
Assignee by Assignor.

 

Assignor
hereby authorizes the respective patent office or governmental agency in each
jurisdiction to issue any and all patents, certificates of invention, utility
models or other governmental grants or issuances that may be granted upon any
of the Patent Rights in the name of Assignee, as the assignee to the entire
interest therein.

 

Assignor
will, at the reasonable request of Assignee and without demanding any further
consideration therefore, do all things reasonably necessary, proper, or
advisable, including without limitation, the execution, acknowledgment, and
recordation of specific assignments, oaths, declarations, and other documents
on a country-by-country basis, to assist Assignee in obtaining, perfecting,
sustaining, and/or enforcing the Patent Rights.

 

The
terms and conditions of this Assignment of Patent Rights will inure to the
benefit of Assignee, its successors, assigns, and other legal representatives
and will be binding upon Assignor, its successors, assigns, and other legal
representatives.

 

IN
WITNESS WHEREOF this Assignment of Patent Rights is executed
at                            on
                                                                                    .

 

2

 

ASSIGNOR:

 

Embedded
Technologies, LLC

 

 

	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  
	
  (Signature
  MUST be attested)

  

 

 

ATTESTATION OF SIGNATURE PURSUANT TO 28 U.S.C. § 1746

 

The
undersigned witnessed the signature of
                                  
to the above Assignment of Patent Rights on behalf of Embedded Technologies,
LLC and makes the following statements:

 

1.             I am over the age of 18 and
competent to testify as to the facts in this Attestation block if called upon
to do so.

 

2.                                    is
personally known to me (or proved to me on the basis of satisfactory evidence)
and appeared before me on
                  
    , 20     to execute the above
Assignment of Patent Rights on behalf of Embedded Technologies, LLC.

 

3.                                     subscribed
to the above Assignment of Patent Rights on behalf of Embedded Technologies,
LLC.

 

I
declare under penalty of perjury under the laws of the United States of America
that the statements made in the three (3) numbered paragraphs immediately above
are true and correct.

 

EXECUTED
on
                                      (date)

 

	
   

  	
   

  	
   

  
	
  Print
  Name:

  	
   

  	
   

  	
   

  
				

 

3

 

Exhibit C

 

ASSIGNMENT OF RIGHTS IN CERTAIN ASSETS

 

For good and valuable consideration, the receipt of which is hereby
acknowledged, Embedded Technologies, LLC, a Delaware limited liability company,
with an office at c/o InfoLogix, Inc., 101 E. County Line Road, Suite 210,
Hatboro, PA 19040 (“Assignor”),
does hereby sell, assign, transfer, and convey unto
                        
LLC [Name of Purchaser], a
                  
[State of Formation] limited liability company, having an address at
                              [Address
of Purchaser] (“Assignee”),
or its designees, all of Assignor’s right, title, and interest in and to any
and all of the following provisional patent applications, patent applications,
patents, and other governmental grants or issuances of any kind (the “Certain Assets”):

 

	
  Patent
  or Application No.

  	
   

  	
  Country

  	
   

  	
  Filing Date

  	
   

  	
  Title of Patent and First

  Named Inventor

  
	
  10/247,748

  	
   

  	
  US

  	
   

  	
  09/19/2002

  	
   

  	
  Touch
  screen systems and methods

   

  David
  W Carroll

  
	
  60/024,780

  	
   

  	
  US

  	
   

  	
  08/28/1996

  	
   

  	
  Screen
  peripheral device for wearable personal computer

   

  David
  W. Carroll

  
	
  CA2264167

  	
   

  	
  CA

  	
   

  	
  08/28/1997

  	
   

  	
  Touch
  screen systems and methods

   

  David
  W. Carroll

  
	
  EP97941345.7

  	
   

  	
  EP

  	
   

  	
  08/28/1997

  	
   

  	
  Touch
  screen systems and methods

   

  David
  W. Carroll

  
	
  JP09-011687

  	
   

  	
  JP

  	
   

  	
  08/28/1997

  	
   

  	
  Touch
  screen systems and methods

   

  David
  W. Carroll

  
	
  PCT/US1997/014176

  	
   

  	
  WO

  	
   

  	
  08/28/1997

  	
   

  	
  Touch
  screen systems and methods

   

  David
  W. Carroll

  
	
  60/028,028

  	
   

  	
  US

  	
   

  	
  10/09/1996

  	
   

  	
  Input
  device for wearable personal computer

   

  David
  W. Carroll

  
	
  60/036,195

  	
   

  	
  US

  	
   

  	
  01/21/1997

  	
   

  	
   

   

  

 

On
Assignor’s information and belief, each of the assets (patents or applications)
listed above is believed to have lapsed or gone abandoned.  Assignor nevertheless assigns to Assignee all
Assignor’s rights to the inventions, invention disclosures, and discoveries
that may be found in the assets listed above, whether or not capable of revival
of prosecution or otherwise being effective or helpful to support a cause of
action upon which to sue or 

 

 

otherwise
enforce any claims under such assets for past, present or future infringement,
together with the rights, if any, to revive prosecution of claims under such
assets and to sue or otherwise enforce any claims under such assets for past,
present or future infringement.

 

Assignor
hereby authorizes the respective patent office or governmental agency in each
jurisdiction to make available to Assignee all records regarding the Certain
Assets.

 

The
terms and conditions of this Assignment of Rights in Certain Assets will inure
to the benefit of Assignee, its successors, assigns, and other legal
representatives and will be binding upon Assignor, its successors, assigns, and
other legal representatives.

 

DATED
this      day of
                
20    .

 

ASSIGNOR:

 

Embedded
Technologies, LLC

 

 

	
  By:

  	
   

  	
   

  
	
  Name:

  	
   

  	
   

  
	
  Title:

  	
   

  	
   

  

 

 

Exhibit D

 

LIST OF INITIAL DELIVERABLES

 

Seller will cause the following to be delivered to
Purchaser, or Purchaser’s representative, within the time provided in paragraph
3.1 of the attached Patent Purchase Agreement:

 

(a)                                  U.S. Patents.  For each item of the Patents that is an
issued United States patent, and for each Abandoned Asset that forms the basis
for priority for such issued U.S. patent (whether a patent or similar
protection has been issued or granted),

 

(i)                                     a
certified copy of United States Patent 6,121,960, and a written explanation, in
accordance with paragraph (e) below, of efforts undertaken to discover the
location of the original ribbon copy

(ii)                                  originals
(or copies in accordance with paragraph (e) below, of all Assignment
Agreements and agreement(s) containing assignment terms or obligations in
Seller’s possession or control,

(iii)                               all materials representing conception and/or reduction to practice in
Seller’s possession or control,

(iv)                              a printout of the Docket,

(v)                                 copies
of all relevant license and security agreements in Seller’s possession or
control;

 

(b)                                 Non-U.S. for each Live Asset for
which a non-United States patent or similar protection has been issued or
granted,

 

(i)                                     the original certificate issued by the Korean government

(ii)                                  a copy of each pending foreign application in Seller’s possession or
control

(iii)                               a printout of the Docket, 

(iv)                              originals (or copies in accordance with paragraph (e) below ) of
all Assignment Agreements and agreement(s) containing assignment terms or
obligations in Seller’s possession or control,

(v)                                 materials evidencing applicant change(s) of name, if any, and 

(vi)                              copies of all known relevant license and security agreements in Seller’s
possession or control;

 

(c)                                  Patent Applications.  For each item of the Patents that is a patent application,

 

(i)                                     a
copy of the patent application, as filed, in Seller’s possession or control,

(ii)                                  if
unpublished, a copy of the filing receipt and the non-publication request, if
available,

(iii)                               originals (or copies in accordance with paragraph (e) below) of all
Assignment Agreements and agreement(s) containing assignment terms or
obligations in Seller’s possession or control

(iv)                              a printout of the Docket, if any

(v)                                 all
materials representing conception and/or reduction to practice in Seller’s
possession or control

(vi)                          evidence of foreign filing license (or denial thereof) in Seller’s
possession or control,

(vii)                           copies of all relevant license and security agreements in Seller’s
possession or control, and

(viii)                        the Prosecution History Files in Seller’s possession.

 

(d)                                 Common Interest
Agreement.  Seller will
deliver any Initial Deliverables to be delivered by Seller under paragraph (c) above
to Purchaser’s legal counsel, together with two (2) executed originals of the
Common Interest Agreement.

 

(e)                              Thorough Search/Declaration.  If originals of the Initial Deliverables are
not available and delivered to Purchaser prior to Closing, Seller will cause (i) such
originals of the Initial Deliverables to be sent to Purchaser or Purchaser’s
representative promptly if and after such originals are located and (ii) an
appropriate executive officer of Seller to deliver to Purchaser a declaration,
executed by such officer under penalty of perjury, detailing Seller’s efforts
to locate such unavailable original documents and details regarding how
delivered copies were obtained.

 

Capitalized terms used in this Exhibit D are
defined in the Patent Purchase Agreement to which this Exhibit D is
attached.

 

 

Exhibit E

 

COMMON INTEREST AGREEMENT

 

THIS
COMMON INTEREST AGREEMENT (“Agreement”) is
entered into between the undersigned legal counsel (“Counsel”),
for themselves and on behalf of the parties they represent (as indicated
below).

 

1.                    Background.

 

1.1                 ,
a              limited
liability company (“Purchaser”)
and Embedded Technologies, LLC, a Delaware company (“Seller”)
(Purchaser and Seller are sometimes hereafter referred to herein as a “party” or the “parties”),
have entered into an agreement under which Purchaser will acquire all rights in
certain patent applications filed or to be filed throughout the world and
including all rights of Seller in certain related patents and patent
applications that are believed to have lapsed or gone abandoned (all
collectively the “Patent Matters”).

 

1.2               The parties have a common
interest in the Patent Matters and have agreed to treat their communications
and those of their Counsel relating to the Patent Matters as protected by the
common interest privilege.  Furtherance
of the Patent Matters requires the exchange of certain proprietary documents
and information, the joint development of legal strategies and the exchange of
attorney work product developed by the parties and their respective Counsel
hereafter.

 

2.                    Common
Interest.

 

2.1               The parties have a common,
joint and mutual legal interest in cooperating with each other, to the extent
permitted by law, to share such information protected by the attorney-client
privilege and by the work product doctrine with respect to the Patent Matters.  Any counsel or consultant retained by a party
or their Counsel to assist in the Patent Matters shall be bound by, and
entitled to the benefits of, this Agreement.

 

2.2               In order to further their
common interest, the parties and their Counsel shall exchange privileged and
work product information, orally and in writing, including, without limitation,
factual analyses, mental impressions, legal memoranda, source materials, draft
legal documents, prosecution history files and other information (hereinafter “Common Interest Materials”).  The sole purpose for the exchange of the
Common Interest Materials is to support the parties’ common interest with
respect to the prosecution and enforcement of the Patent Matters.  Any Common Interest Materials exchanged shall
continue to be protected under all applicable privileges and no such exchange
shall constitute a waiver of any applicable privilege or protection.

 

3.                    Nondisclosure.

 

3.1               The parties and their
Counsel shall use the Common Interest Materials solely in connection with the
Patent Matters and shall take appropriate steps to protect the privileged and
confidential nature of the Common Interest Materials.  Neither party nor their respective Counsel
shall produce privileged documents or information unless or until directed to
do so by a final order of a court of competent jurisdiction, or upon the prior
written consent of the other party.  No
privilege or objection shall be waived by a party hereunder without the prior
written consent of the other party. The obligations under this paragraph will
not apply either to Purchaser after closing of the acquisition of the Patent
Matters or to Seller with respect to any dispute with Purchaser related to such
potential acquisition.

 

3.2               Except as herein provided,
in the event that either party or their Counsel is requested or required in the
context of a litigation, governmental, judicial or regulatory investigation or
other similar proceedings (by oral questions, interrogatories, requests for
information or documents, subpoenas, civil investigative demands or similar
process) to disclose any Common Interest Materials, the party or their Counsel
shall immediately inform the other party and their Counsel and shall assert all
applicable privileges, including, without limitation, the common interest
doctrine, the joint prosecution privilege.

 

4.                    Relationship;
Additions; Termination.

 

4.1               This Agreement does not
create any agency or similar relationship among the parties.  Through the Closing (as defined in the Patent
Purchase Agreement executed by Purchaser and Seller), neither party nor their
respective Counsel has the authority to waive any applicable privilege or
doctrine on behalf of any other party.

 

4.2               Nothing in this Agreement
affects the separate and independent representation of each party by its
respective Counsel or creates an attorney client relationship between the
Counsel for a party and the other party to this Agreement.

 

4.3               This Agreement shall
continue until terminated upon the written request of either party.  Upon termination, each party and their
respective Counsel shall return any Common Interest Materials furnished by the
other party.  Notwithstanding
termination, this Agreement shall continue to protect all Common Interest
Materials disclosed prior to termination. 
Sections 3 and 5 shall survive termination of this Agreement.

 

5.                    General
Terms.

 

5.1               This Agreement is governed
by the laws of the State of Delaware, without regard to any choice of law
principles to the contrary.  In the event
any provision of this Agreement is held by any court of competent jurisdiction
to be illegal, void or unenforceable, the remaining terms shall remain in
effect.  Failure of either party to
enforce any provision of this Agreement shall not be deemed a waiver of future
enforcement of that or any other provision.

 

5.2               The parties agree that a
breach of this Agreement would result in irreparable injury, that money damages
would not be a sufficient remedy and that the non-breaching party shall be
entitled to equitable relief, including injunctive relief, as a non-exclusive
remedy for any such breach.

 

5.3               Notices given under this
Agreement shall be given in writing and delivered by messenger or overnight
delivery service or facsimile to a party and their respective Counsel at their
last known address, and shall be deemed to have been given on the day received.

 

5.4               This Agreement is effective
and binding upon each party as of the date it is signed by or on behalf of a
party and may be amended only by a writing signed by or on behalf of each
party.  This Agreement may be executed in
counterparts.  Any signature reproduced
or transmitted via email of a .pdf file, photocopy, facsimile or other process
of complete and accurate reproduction and transmission shall be considered an
original for purposes of this Agreement.

 

This
Agreement is being executed by each of the undersigned Counsel with the fully
informed authority and consent of the respective party it represents.

 

	
  Counsel
  for

  	
   

  	
   

  	
  Counsel
  for Embedded Technologies, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
  By:

  	
   

  
	
  Date:

  	
   

  	
   

  	
  Date:
  

  	
   

  
						

 

 

Exhibit F

 

PRE-BANKRUPTCY AGREEMENTS

 

1
- Ceridian License Agreement

2
- Amendment 1 to Ceridian License Agreement

3
- Amendment 2 to Ceridian License Agreement

4
- Amendment 3 to Ceridian License Agreement

5
- Amendment 4 to Ceridian License Agreement

 

 

Exhibit G

 

TERMINATION AND RELEASE OF SECURITY INTEREST

 

This
TERMINATION AND RELEASE OF SECURITY INTEREST (“Termination and Release”) is
made May       , 2010 by and among HERCULES
TECHNOLOGY GROWTH CAPITAL, INC., (“Lender”), a Maryland corporation with a
place of business at 400 Hamilton Ave, Suite 310, Palo Alto, CA 94301, and
INFOLOGIX, INC., a Delaware corporation (“InfoLogix”), INFOLOGIX
SYSTEMS CORPORATION, a Delaware corporation (formerly known as Info Logix, Inc.,
a Delaware corporation) (“ISC”), INFOLOGIX-DDMS, INC., a Delaware
corporation (“DDMS”), OPT ACQUISITION LLC, a Delaware limited liability company
(“Opt”), and EMBEDDED TECHNOLOGIES, LLC, a Delaware limited liability company (“Embedded”)
(together with InfoLogix, ISC, DDMS, and OPT collectively referred to
herein as “Borrower”).

 

WITNESSETH:

 

WHEREAS,
Borrower and Lender entered a Loan and Security Agreement dated May 1,
2008, an Amended and Restated Loan and Security Agreement dated November 20,
2009, as Amended by that certain Amendment No. 1 to Amended and Restated
Loan and Security Agreement dated as of February 19, 2010, and that
certain Amendment No. 2 to Amended and Restated Loan and Security
Agreement dated as of April 6, 2010, and the Amendment No. 3 to Amended
and Restated Loan and Security Agreement executed on even date herewith (as may
be amended, restated, or otherwise modified, the “Loan Agreement”), pursuant to
which Lender has agreed to extend and make available to Borrower certain
advances of money;

 

WHEREAS
pursuant said Loan and Security Agreement and said Amendments No. 1 and 2,
Borrower granted to Lender a security interest in certain intellectual property
including US Patent 6,121,960, granted September 19, 2000 on application
SN 08/919527, filed August 28, 1997, and South Korea Patent 10-0627378,
granted September 15, 2006 on application No. KR 10-1999-7001648,
filed August 28, 1997, as well as other intellectual property as provided
therein, which grant of a security interest was recorded May 5, 2008 at
Reel 020897/0325 of the US Patent Office records.

 

WHEREAS,
Borrower has proposed for valuable consideration to sell US Patent 6,121,960
and KR Patent 10-0627378 to [Name of Purchaser Entity], free and clear of any
security interest of Lender, and Lender has consented to such sale and has
agreed to release Lender’s security interest in US Patent 6,121,960 and KR
Patent 10-0627378 such that said sale can proceed.

 

NOW
THEREFORE, for good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, Lender, HERCULES TECHNOLOGY GROWTH CAPITAL, INC.,
agrees and does hereby terminate, release and discharge its security interest
in and lien on US Patent 6,121,960 and KR Patent 10-0627378, including (i) all
reissues, reexaminations, renewals and extensions thereof; (ii) all rights
corresponding thereto throughout the world; (iii) all causes of action
related thereto, whether presently existing or hereafter arising; and (iv) all
hereafter collected proceeds thereof (such as, by way of example, license
royalties and proceeds for actions for infringements), other than amounts
received by Borrower in consideration of said sale, without representation,
warranty, or recourse of any kind or nature, while retaining in full force its security
interest in all other properties secured by the Loan and Security Agreement and
said Amendments Nos. 1 and 2.

 

 

IN
WITNESS WHEREOF, the parties have executed this Termination and Release by
their duly authorized officers as of the date first above written, intending to
be legally bound and intending that this instrument be recorded.

 

	
  BORROWER:

  	
   

  
	
   

  	
   

  
	
  INFOLOGIX, INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  David
  T. Gulian, President and CEO

  	
   

  
	
   

  	
   

  
	
  INFOLOGIX
  SYSTEMS CORPORATION

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  David
  T. Gulian, President

  	
   

  
	
   

  	
   

  
	
  OPT
  ACQUISITION LLC

  	
   

  
	
  By:
  InfoLogix Systems Corporation, its sole Member

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  David
  T. Gulian, President

  	
   

  
	
   

  	
   

  
	
  EMBEDDED
  TECHNOLOGIES, LLC

  	
   

  
	
  By:
  InfoLogix Systems Corporation, its sole Member

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  David
  T. Gulian, President

  	
   

  
	
   

  	
   

  
	
  INFOLOGIX
  — DDMS, INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  David
  T. Gulian, President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  LENDER:

  	
   

  
	
  HERCULES
  TECHNOLOGY GROWTH CAPITAL, INC.

  	
   

  
	
  a
  Maryland corporation

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
   

  	
   

  
	
  Name:
  

  	
  K.
  Nicholas Martitsch

  	
   

  
	
  Its:
  

  	
  Associate
  General CounselExhibit
10.2

 

June 28, 2010

 

InfoLogix, Inc.

tot East County Line Road, Suite 210

Hatboro, PA 19040

 

Attn: John A. Roberts, Chief
Financial Officer

 

Re: Registration Rights
Agreement

 

Dear Mr. Roberts:

 

Reference is made to that
certain Registration Rights Agreement (the “Agreement”), dated as of April 6,
2010, by and between Hercules Technology Growth Capital, Inc. (“Hercules”)
and InfoLogix, Inc. (the “Company”). Capitalized terms used but not
defined herein shall have the meaning given to them in the Agreement. In
consideration of the mutual promises made in this letter agreement, and for’
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties, intending to be legally bound, agree as
follows:

 

1.             Pursuant to the terms of the Agreement, the Company
agreed to prepare and file with the Commission the Registration Statement
covering the resale of the Registrable Securities for an offering to be made on
a continuous basis pursuant to Rule 415 on or before the Filing Date.

 

2.             Pursuant to Section 6(e) of the Agreement,
Hercules (I) hereby agrees that the reference to May 31, 2010 in the
definition of “Filing Date” shall be extended to August 31, 2010 and that
the reference to June 15,2010 in the definition of “Effectiveness Date”
shall be extended to September 30, 20 I 0 and (ii) hereby
unconditionally waives its right to any Liquidated Damages that have accrued or
may accrue under the Agreement through such dates.

 

3.             Other than as-expressly specified herein, the terms and
conditions of the Agreement shall continue and shall remain unchanged and in
full force and effect.

 

4.             This letter agreement constitutes the entire agreement
between the parties with respect to the subject matter hereof and supersedes all
prior negotiations, and prior written 01’ oral agreements concerning the
subject matter hereof. This letter agreement may not be amended, supplemented
or modified in whole 01’ in part except by a written agreement signed by the
parties hereto.

 

[Remainder
of page left intentionally blank]

 

400
HAMILTON AVE:NUE:

SUITE
310

PALO
ALTO, CA 94301

TEL:
650.289.3060

FAX:
650.473.9194

www.HTGC.COM

 

 

Please indicate your consent
and agreement to be bound by the provisions of this letter agreement by signing
where indicated below.

 

	
   

  	
  Sincerely,

  
	
   

  	
  HERCULES TECHNOLOGY GROWTH
  CAPITAL, INC

  
	
   

  	
   

  
	
   

  	
  /s/
  Nicholas Martitsch

  
	
   

  	
  Name: K. Nicholas
  Martitsch

  
	
   

  	
  Title: Associate General
  Counsel

  
	
   

  	
   

  
	
  ACKNOWLEDGED AND AGREED:

  	
   

  
	
  INFOLOGIX, INC,

  	
   

  
	
   

  	
   

  
	
  /s/John
  A. Roberts

  	
   

  
	
  Name John A. Roberts

  	
   

  
	
  Title:
  Chief Financial Officer

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