Document:

exv10w1

 

EXHIBIT 10.1

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY
APPLICABLE STATE SECURITIES LAWS AND, ACCORDINGLY, MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE
DISPOSED OF IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT OR LAWS OR
PURSUANT TO AN EXEMPTION THEREFROM.

AXCESS INTERNATIONAL, INC.

Convertible Note

			
	$500,000
	 	October 17, 2005

Subject to the terms and conditions of this Note, for good and valuable consideration
received, Axcess International, Inc. (“Axcess”) hereby promises to pay to the order of the Amphion
Innovations US LLC (“Amphion”) the principal amount of Five Hundred Thousand Dollars ($500,000.00),
plus simple interest, accrued on unpaid principal from October 17, 2005, until paid, at the rate of
Five percent (5.00%) per annum (365-day year basis) payable on October 17, 2006 (the “Maturity
Date”), unless AXCESS completes an offering of any of its securities and the aggregate proceeds to
AXCESS are at least $1,500,000 (“Transaction”) prior to December 1, 2005.

Upon the occurrence of the Transaction described above, the principal amount and all unpaid
interest, of this Note shall convert on similar terms to the Transaction. This Note, including the
principal amount and all accrued and unpaid interest hereunder, may otherwise be prepaid in whole
or in part at any time at the option of AXCESS, without premium or penalty.

Payment of the principal amount of this Note and any accrued and unpaid interest hereunder shall be
made in such coin or currency of the United States of America as at the time of payment shall be
legal tender for the payment of public and private debts. Any such payment shall be paid by wire
transfer of federal funds in accordance with the written instructions of Amphion or, in the absence
of current written instructions, by check mailed to Amphion at the address last given to AXCESS by
Amphion in writing for such purpose.

As security for its obligation, Axcess hereby pledges their Video Patent Portfolio (as listed in
Exhibit A). Amphion will hold a secured interest in the portfolio until the note is repaid or is
converted as part of a Transaction. Axcess further agrees to undertake the expense and obligation
to perfect Amphion’s secured interest including the filing of UCC filings if requested by Amphion.
Amphion further agrees to allow the Video Patent Portfolio to be sold and their Note and any unpaid
interest will be repaid within fifteen days (15) of the completion of the sale of the Portfolio or
converted the principal and interest on terms similar to the current proposed transaction at the
option of Amphion.

Except as otherwise expressly provided herein, AXCESS hereby waives presentment for payment, demand
for payment, notice of nonpayment, protest and notice of protest.

This Note is not assignable except by operation of law; provided, however, that
Amphion may assign all or part of the Note to its stockholders in connection with the partial or
complete liquidation of Amphion.

If the Company fails to pay the principal amount of this Note when due, and such due but unpaid
amount remains unpaid for five (5) business days after Amphion makes written demand

 

 

therefore, the entire unpaid principal of this Note shall forthwith become absolutely due and
payable without any further notice, demand, protest or presentment whatsoever, all of which are
hereby expressly waived. All expenses incurred by Amphion for the collection of the note will be
paid for by Axcess.

This Note shall be governed by and construed in accordance with the laws of the State of New York,
without reference to its or any other jurisdiction’s rules as to conflicts of law. Any judicial
proceeding brought against AXCESS to enforce, or otherwise in connection with, this Note shall be
brought in any court of competent jurisdiction in New York, and, by acceptance of this Note,
Amphion (a) accepts, generally and unconditionally, the exclusive jurisdiction of such courts and
any related appellate court and irrevocably agrees to be bound by any final judgment rendered
thereby in connection with this Note and (b) irrevocably waives any objection it may now or
hereafter have as to the venue of any such proceeding brought in such a court or that such a court
is an inconvenient forum. The prevailing party shall be entitled to collect from the nonprevailing
party all reasonable attorneys fees incurred in connection with any action to enforce the terms of
this Note.

Any provision of this Note may be amended or waived if, but only if, such amendment or waiver is in
writing, signed by AXCESS and Amphion.

IN WITNESS WHEREOF, AXCESS has caused this Note to be signed by its duly authorized officer and has
caused its corporate seal to be affixed and attested by its Secretary, as of the date first set
forth above.

	 	 	 	 	 	 	 	 	 
	[Corporate Seal] Attested:	 	AXCESS INTERNATIONAL, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	 	 	By:
	 	/S/ Allan Griebenow	 	 
	 

	 	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Name:

	 	 	 	Name:
	 	Allan Griebenow	 	 
	 

	 	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Title:

	 	 	 	Title:
	 	CEO and President	 	 
	 

	 	 
	 	 	 	 	 	 

 

 

EXHIBIT A

VIDEO PATENT PORTFOLIO

	 	 	 	 	 	 	 	 	 
	Patent or	 	 	 	 	 	 
	Application No.	 	Count	 	Filing Date	 	Title and Inventor(s)
	US4816901

	 	 	1	 	 	April 27, 1988
	 	Method and system
for compressing
color video data
	 
	 	 	 	 	 	 	 	 
	US4843466

	 	 	2	 	 	April 27, 1988
	 	Method and system
for decompressing
color video slope
encoded data
	 
	 	 	 	 	 	 	 	 
	US4849677

	 	 	3	 	 	March 29, 1988
	 	Temperature

monitoring for a DC

shunt-wound motor
	 
	 	 	 	 	 	 	 	 
	US4849807

	 	 	4	 	 	April 27, 1988
	 	Method and system
for compressing
color video feature
encoded data
	 
	 	 	 	 	 	 	 	 
	US4857993

	 	 	5	 	 	April 27, 1988
	 	Method and system
for decompressing
digital color video
statistically
encoded data
	 
	 	 	 	 	 	 	 	 
	US5140412

	 	 	6	 	 	November 9, 1990
	 	Method for color
encoding and
pixelization for
image reconstruction
	 
	 	 	 	 	 	 	 	 
	US5838266

	 	 	7	 	 	December 12, 1990
	 	Data processing
apparatus and method
using data
compression
	 
	 	 	 	 	 	 	 	 
	US4914508

	 	 	8	 	 	April 27, 1988
	 	Method and system
for compressing and
statistically
encoding color video
data
	 
	 	 	 	 	 	 	 	 
	US6005638

	 	 	9	 	 	March 4, 1996
	 	Frame averaging for

use in processing

video data
	 
	 	 	 	 	 	 	 	 
	US6034603

	 	 	10	 	 	January 24, 1997
	 	Radio tag system and
method with improved
tag interference
avoidance.
	 
	 	 	 	 	 	 	 	 
	US6570487

	 	 	11	 	 	April 22, 1999
	 	Distributed tag
reader system and
method
	 
	 	 	 	 	 	 	 	 
	US6061475

	 	 	12	 	 	March 20, 1998
	 	Video compression
apparatus and method
	 
	 	 	 	 	 	 	 	 
	US6294953

	 	 	13	 	 	February 26, 1999
	 	High sensitivity
demodulator for a
radio tag and
method.exv10w2

 

EXHIBIT 10.2

PATENT PURCHASE AGREEMENT

     This PATENT PURCHASE AGREEMENT (this “Agreement”) is entered into on October 17, 2005 (the
“Effective Date”) by and between Paolo Visual Data LLC, a Nevada limited liability company, with an
office at 2215-B Renaissance Drive, Suite 5, Las Vegas, NV 89119 (“Purchaser”), and Axcess
International, Inc., a Delaware corporation, with an office at 3208 Commander Drive, Carrollton, TX
75006 (“Seller”). The parties hereby agree as follows:

	1.	 	Background
	 
	1.1	 	Seller owns certain United States Letters Patents and/or applications for United States
Letters Patents and/or related foreign patents and applications.
	 
	1.2	 	Seller wishes to sell to Purchaser all right, title and interest in such patents and
applications and the causes of action to sue for infringement thereof and other enforcement
rights.
	 
	1.3	 	Purchaser wishes to purchase from Seller all right, title and interest in the Patent Rights
(defined below), free and clear of any restrictions on transfer, liens, claims, and
encumbrances.
	 
	2.	 	Definitions

“Assignment Agreements” means the agreements assigning ownership of the Patents from the inventors
and/or prior owners to Seller.

“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 information relating
to deadlines, payments, and filings, which is current as of the Effective Date.

“List of Prosecution Counsel” means the names and addresses of prosecution counsel who prosecuted
the Patents and who are currently handling the Patents.

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

“Patents” means (a) each of the provisional patent applications, patent applications and patents
listed on Exhibits A and B (as such lists may be updated based on Purchaser’s review of the
Deliverables) hereto, (ii) all patents or patent applications to which any of the foregoing claim
priority, and (iii)all reissues, reexaminations, extensions, continuations, continuations in part,
continuing prosecution applications, and divisions of such patents and applications; and (iv)
foreign counterparts to any of the foregoing, including certificates of invention, utility models,
industrial design protection, design patent protection, and other governmental grants, and (v) any
of the foregoing in (ii)-(iv) whether or not expressly listed in Exhibit A and whether or not
abandoned, rejected, or the like.

“Unlimited Warranties” means, collectively, the representations and warranties of Seller
set forth in paragraphs 6.1(a), 6.1(b), 6.1(c), and 6.1(d) hereof.

 

 

	3.	 	Transmittal, Review, Closing Conditions and Payment
	 
	3.1	 	Transmittal. Within twenty (20) calendar days following the Effective Date, Seller
shall send to Purchaser the Assignment Agreements, the List of Prosecution Counsel, an
executed original of the Assignment of Patent Rights in Exhibit B, the Docket, and all files
and original documents (including, Letters Patents, assignments, and other documents necessary
to establish that the representations and warranties are true and correct) relating to the
Patents, including all prosecution files for pending patent applications included in the
Patents, and all files relating to the issued Patents (“Initial Deliverables"). Seller
acknowledges that Purchaser may request additional documents based on Purchaser’s review of
the Initial Deliverables (such additional documents and the Initial Deliverables,
collectively, the “Deliverables"), and that as a result of Purchaser’s review, the amount of
payment and the assets listed in Exhibits A and B may be revised.
	 
	3.2	 	Closing. The closing of the sale of the Patents hereunder will occur when all
conditions set forth in paragraph 3.3 have been satisfied or waived (the “Closing").
Purchaser and Seller shall use reasonable efforts to carry out the Closing within thirty (30)
calendar days following receipt of the Deliverables.
	 
	3.3	 	Closing Conditions. The following are conditions precedent to Purchaser’s obligation
to make the payment in paragraph 3.4.

	 	(a)	 	Transmittal of Documents. Seller shall have delivered to Purchaser all
the Deliverables.
	 
	 	(b)	 	Compliance With Agreement. Seller shall have performed and complied in
all material 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.
	 
	 	(c)	 	Representations and Warranties True. Purchaser shall be reasonably
satisfied that, as of the Closing, the representations and warranties of Seller
contained in paragraph 6.1 hereof are true and correct.

	3.4	 	Payment. At Closing, Purchaser shall pay to Seller the amount of Six Hundred
Thousand dollars ($600,000.00). Purchaser may record the Assignment of Patent Rights in
Exhibit B with the United States Patent and Trademark Office only upon Closing.
	 
	3.5	 	Termination and Survival. In the event all conditions to Closing set forth in
Section 3.3 are not met Purchaser has the right to terminate this agreement. Upon
termination, Purchaser will return all documents delivered to Purchaser under this Section 3
to Seller. The provisions of paragraphs 7.4, 7.5 and 7.7 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 Patents as more fully set
forth in Exhibit B. Seller understands and acknowledges that if any of the Patents are
assigned to Seller’s affiliates or subsidiaries, prior to Closing, Seller may be required to
perform certain actions to establish that Seller is the assignee and to record such
assignments.
	 
	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

	 	(a)	 	inventions and discoveries described in any of the Patents;

 

 

	 	(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 of any type related to any of the Patents and the
inventions and discoveries therein;
	 
	 	(c)	 	causes of action (whether currently pending, filed, or otherwise) and other
enforcement rights, including, without limitation, all rights under the Patents and/or
under or on account of any of the Patents and the foregoing category (b) to

	 	(A)	 	damages,
	 
	 	(B)	 	injunctive relief and
	 
	 	(C)	 	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
foregoing.

	4.3	 	Grant Under Patent Rights. Effective on the Closing Date, Purchaser hereby grants to
Seller, under the Patent Rights (as defined in Exhibit B hereto), and for the lives thereof, a
royalty-free, irrevocable, non-exclusive, non-transferable, worldwide right and license (the
“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
products, processes or services covered by the Patent Rights (“Covered Products”). This
Seller License shall also apply to the reproduction and subsequent distribution of Covered
Products, in substantially identical form as they are distributed by the Seller, by authorized
agents of the Seller such as a distributor, replicator, VAR or OEM.
	 
	5.	 	Additional Obligations
	 
	5.1	 	Further Cooperation. At the reasonable request of Purchaser, Seller shall execute
and deliver such other instruments and do and perform such other acts and things as may be
necessary or desirable for effecting completely the consummation of the transactions
contemplated hereby, including execution, acknowledgment and recordation of other such papers,
and using commercially reasonable efforts to obtain the same from the respective inventors, as
necessary or desirable for fully perfecting and conveying unto Purchaser the benefit of the
transactions contemplated hereby. In addition, Seller will continue to prosecute the Patents
at its expense until the Closing.
	 
	5.2	 	Payment of Fees. Seller shall pay any maintenance fees, annuities, and the like due
on the Patents until the Closing.
	 
	6.	 	Representations and Warranties
	 
	6.1	 	Representations of Seller.
	 
	 	 	Seller hereby represents and warrants to Purchaser as follows that, as of the Effective Date
and as of the Closing:

	 	(a)	 	Authority. 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 Patent Rights to Purchaser.
	 
	 	(b)	 	Title and Contest. Seller owns all right, title, and interest to the
Patent Rights, including all right, title, and interest to sue for infringement of the
Patents. Seller has obtained and properly recorded previously executed assignments for
the Patent Rights as necessary to fully perfect its rights and title therein in
accordance with governing law and regulations in each respective jurisdiction. The
Patent Rights are free and clear of all liens, claims, mortgages, security interests or
other encumbrances, and restrictions on transfer. There are no actions, suits,
investigations, claims or proceedings threatened, pending or in progress relating in
any way to the Patent Rights. There are no existing contracts, agreements, options,
commitments, proposals, bids, offers, or rights with, to, or in any person to acquire
any of the Patent Rights.
	 
	 	(c)	 	Existing Licenses. No licenses under the Patents, or interest or
rights in any of the Patent Rights, have been granted or retained.
	 
	 	(d)	 	Restrictions on Rights. Purchaser shall not be subject to any covenant
not to sue or similar restrictions on its enforcement or enjoyment of the Patent Rights
as a result of any prior transaction related to the Patent Rights.
	 
	 	(e)	 	Conduct. Seller or its agents or representatives have not 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 Seller’s patent rights to a standard-setting organization.
	 
	 	(f)	 	Enforcement. Seller has not put a third party on notice of actual or
potential infringement of any of the Patents. Seller has not invited any third party
to enter into a license under any of the Patents. Seller has not initiated any
enforcement action with respect to any of the Patents.
	 
	 	(g)	 	Patent Office Proceedings. None of the Patents has been or is
currently involved in any reexamination, reissue, interference proceeding, or any
similar proceeding, and no such proceedings are pending or threatened.
	 
	 	(h)	 	Fees. All maintenance fees, annuities, and the like due on the Patents
have been timely paid.
	 
	 	(i)	 	Validity and Enforceability. The Patents have never been found invalid
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 or
unenforceable.

	6.2	 	Representations of Purchaser.

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

	 	(a)	 	Purchaser is a limited liability company duly formed, validly existing and in
good standing under the laws of the state of Nevada.

 

 

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

	7.	 	Miscellaneous 
	 
	7.1	 	Limitation of Liability. EXCEPT IN THE EVENT OF BREACH OF ANY UNLIMITED WARRANTY BY
SELLER, SELLER’S TOTAL LIABILITY UNDER THIS AGREEMENT SHALL NOT EXCEED THE PURCHASE PRICE SET
FORTH IN PARAGRAPH 3.4 OF THIS AGREEMENT. PURCHASER’S TOTAL LIABILITY UNDER THIS AGREEMENT
SHALL NOT EXCEED THE PURCHASE PRICE SET FORTH IN PARAGRAPH 3.4 OF THIS AGREEMENT. THE
PARTIES ACKNOWLEDGE THAT THESE LIMITATIONS ON POTENTIAL LIABILITIES WERE AN ESSENTIAL ELEMENT
IN SETTING CONSIDERATION UNDER THIS AGREEMENT.
	 
	7.2	 	Limitation on Consequential Damages. NEITHER PARTY SHALL 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 DAMAGES OR LOSS OF REVENUE, PROFIT, SAVINGS OR BUSINESS ARISING FROM OR
OTHERWISE RELATED TO THIS AGREEMENT, EVEN IF A PARTY OR ITS EMPLOYEES HAVE BEEN ADVISED OF THE
POSSIBILITY OF SUCH DAMAGES.
	 
	7.3	 	Compliance With Laws. Notwithstanding anything contained in this Agreement to the
contrary, the obligations of the parties 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.
	 
	7.4	 	Confidentiality of Terms. The parties hereto shall keep the terms and existence of
this Agreement and the identities of the parties hereto confidential and shall 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,
including in confidence to legal and financial advisors in their capacity of advising a party
in such matters; (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 financial transactions;
(e) by Purchaser, in order to perfect Purchaser’s interest in the Patent Rights with any
governmental patent office; or (f) to enforce Purchaser’s right, title and interest in and to
the Patent Rights; provided that, in (b) through (f) above, (i) the disclosing party shall 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 shall provide the other party
with at least ten (10) days’ prior written notice of such disclosure. Without limiting the
foregoing, Seller agrees that it will cause its agents involved in this transaction to abide
by the terms of this paragraph 7.4, including 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.
	 
	7.5	 	Governing Law; Venue/Jurisdiction. This Agreement shall 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. Seller shall not 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. Seller irrevocably consents 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.
	 
	7.6	 	Notices. All notices given hereunder shall be given in writing (in English or with
an English translation), shall refer to Purchaser and to this Agreement and shall be: (i)
personally delivered, (ii) delivered prepaid by an internationally recognized express courier
service, or (iii) sent postage prepaid registered or certified U.S. mail (return receipt
requested) to the address set forth below:

	 	 	 
	If to Purchaser	 	If to Seller
	Paolo Visual Data LLC

	 	Axcess International
	2215-B Renaissance Drive, Suite 5

	 	3208 Commander Drive
	Las Vegas, NV 89119

	 	Carrollton, TX 75006
	Attn: Managing Director

	 	Attn: CFO

Notices are deemed given on (a) the date of receipt if delivered personally or by express
courier (or if delivery refused, the date of refusal), or (b) the fifth (5th)
calendar day after the date of posting if sent by US mail. Notice given in any other manner
shall 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.

	7.7	 	Relationship of Parties. The parties are independent contractors and not partners,
joint venturers, or agents of the other. Neither party assumes any liability of or has any
authority to bind, or control the activities of, the other.
	 
	7.8	 	Equitable Relief. Seller agrees that damages alone would be insufficient to
compensate Purchaser for a breach of this Agreement, acknowledges that irreparable harm would
result from a breach of this Agreement, and 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.
	 
	7.9	 	Severability. If any provision of this Agreement is found to be invalid or
unenforceable, then the remainder of this Agreement shall have full force and effect, and the
invalid provision shall be modified, or partially enforced, to the maximum extent permitted to
effectuate its original objective.
	 
	7.10	 	Waiver. Failure by either party to enforce any term of this Agreement shall 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.

 

 

	7.12	 	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 shall 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 shall not affect in any way the meaning or interpretation of this
Agreement. No oral explanation or oral information by either party hereto shall alter the
meaning or interpretation of this Agreement. No amendments or modifications shall be
effective unless in writing signed by authorized representatives of both parties. These terms
and conditions shall prevail notwithstanding any different, conflicting or additional terms
and conditions that may appear on any purchase order, acknowledgment or other writing not
expressly incorporated into this Agreement. The following exhibits are attached hereto and
incorporated herein: Exhibit A (entitled “Patent Rights to be Assigned”); and Exhibit B
(entitled “Assignment of Patent Rights”).
	 
	7.13	 	Counterparts; Electronic Signature. This Agreement may be executed in counterparts,
each of which shall be deemed an original, and all of which together constitute one and the
same instrument. Each party shall execute and deliver to the other parties a copy of this
Agreement bearing its original signature. Prior to such execution and delivery, in order to
expedite the process of entering into this Agreement, the parties acknowledge that Transmitted
Copies of this Agreement shall be deemed original documents. “Transmitted Copies” means
copies that are reproduced or transmitted via email of a .pdf file, photocopy, facsimile or
other process of complete and accurate reproduction and transmission.

     In witness whereof, the parties have executed this Patent Purchase Agreement as of the
Effective Date.

	 	 	 	 	 	 	 	 	 
	SELLER:

	 	 	 	PURCHASER:
	 
	 	 	 	 	 	 	 	 
	AXCESS INTERNATIONAL	 	 	 	Paolo Visual Data LLC
	 
	 	 	 	 	 	 	 	 
	By:

	/s/ Allan Frank
	 	 	 	By:
	/s/ Bryan Bumper
	 

	 	 
	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	Name:

	 Allan Frank
	 	 	 	Name:
	 Bryan Bumper
	 
	 	 	 	 	 	 	 	 
	Title:

	Vice President and CFO
	 	 	 	Title:
	Authorized Person

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