Document:

Nonexclusive Technology License Agreement

 EXHIBIT 10.24 
  
 PATENT LICENSE AGREEMENT 
  
 As of November 7, 2003 (“Effective Date”), the parties to this Patent License Agreement (“Agreement”), Notify Technology Corporation, Inc.
(“Notify”), a California corporation, with a place of business at 1054 South De Anza Blvd, San Jose, California 95129 and NCR Corporation (“NCR”), a corporation organized and existing under the laws of the State of Maryland, with
a place of business at 1700 South Patterson Boulevard, Dayton, Ohio 45479, agree as follows: 
  
 WHEREAS, NCR is the sole owner of U.S. Patent 6,163,274; and 
  
 WHEREAS, Notify is a provider of NotifyLink software, which enables application deployment and management across multiple devices and network connections while maintaining desktop functionality and usability; and

  
 WHEREAS, Notify is desirous of securing from NCR, and NCR is willing to grant
to Notify, on the terms and conditions expressly set forth in this Agreement, a non-exclusive license under the above-mentioned patent. 
  
 WHEREAS, Notify is desirous of securing from NCR, and NCR is willing to provide Notify, on the terms and conditions expressly set forth in this Agreement, a covenant not
to assert any NCR patents against Notify for a limited period of time. 
  
 WHEREAS, Notify is desirous of securing deferred payment terms from NCR for a fully paid up license. 
  

					
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 NOW, THEREFORE, NCR and Notify agree as follows: 
  

	1.	DEFINITIONS 

  

	1.1	“Foundry Product” shall mean a product which is either (i) designed by or for a third party without substantial input from Notify, and manufactured, reproduced, sold,
leased, licensed or otherwise transferred from Notify (a) to that third party, or (b) to customers of that third party, or (c) to customers directed by that third party on essentially an exclusive basis; or (ii) designed, manufactured, reproduced,
sold, leased, licensed or otherwise transferred through or by Notify for the primary purpose of circumventing any patent rights of NCR. 

  

	1.2	“Gross Revenues” means the gross revenue of the Notify (expressed in U.S. Dollars as of the date of each sale) on a consolidated basis in accordance with U.S. generally
accepted accounting principles (GAAP) consistently applied, as shown in periodic public securities filings, if applicable. 

  

	1.3	“Licensed Products” means the NotifyLink Enterprise Platform, any mobile groupware, personal information management (PIM), or calendar product offered by Notify, including
without limitation the NotifyLink Software Platform, and any subsequent replacements or successors but does not include any Foundry Products. 

  

	1.4	“NCR Patent” means only U.S. Patent No. 6,163,274, and any U.S. or foreign patent or patent applications currently owned by NCR claiming priority to this patent.

  

	1.5	“Term” means the period commencing on the Effective Date and continuing until the NCR Patent expires. 

  

	2.	LICENSE 

  

	2.1	NCR hereby grants Notify a non-exclusive license under the NCR Patent to make, have made, use, import, offer to sell, and sell Licensed Products during the Term.

  

					
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	2.2	To the extent that Notify manufactures a physical product that is sold under license granted from this Agreement, Notify agrees to mark such products manufactured by it, or on its
behalf, with the phrase “This product was produced under U.S. Patent No. 6,163,274”. 

  

	2.3	NCR hereby releases Notify from any claims NCR has or may have had relating to the NCR Patent prior to the Effective Date of this Agreement. 

  

	3.	PAYMENT 

  

	3.1	Notify will pay NCR $500,000 (U.S. currency) as a “License Fee”. To enable Notify to defer payment of the License Fee, payments shall be made as described in this
paragraph. 

  
 Each quarter (three calendar
months), Notify will pay NCR the greater of: 
  

	 	(i.)	3% of Notify’s Gross Revenue from the sale of Licensed Products within that quarter, or 

  

	 	(ii.)	$5,000, 

  
 until the total payment equals five hundred thousand dollars ($500,000). 
  
 A. Such ongoing payments will be made within a period of 30 days from the end of each calendar quarter. 
  
 B. The four quarters within a year will be (i.) January 1 to March 31, (ii.)
April 1 to June 30, (iii.) July 1 to September 30, and (iv.) October 1 to December 31. 
  
 C. The first quarter for payments will be October 1 to December 31, 2003. 
  
 D. Such payments shall be addressed to NCR Corporation, Attn: FSD Intellectual Property Group, 1700 South Patterson Blvd., Mail Station WHQ-5E, Dayton,
Ohio 45479. 
  

					
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	3.2	The payment described in Section 3.1 includes past damages and is nonrefundable notwithstanding any termination of this Agreement or any ruling as to the validity, enforceability or
infringement of the NCR Patent. 

  

	4.	NON-ASSIGNMENT 

  

	4.1	This Agreement may not be assigned by Notify without the express written consent of NCR except that a successor in interest pursuant to a merger or a sale of substantially all of
the assets of Notify or its successor relating to the Licensed Products shall have the right to assume the license, provided that the license transferred to the successor shall be limited to the business of Notify reasonably related to the Licensed
Products carried on and expanded by the successor following such a merger or sale. Such assignment of license to a successor in interest, as described above, is subject to a fee (“Merger Fee”) as outlined in the table below.

  

			
	 Successor in interest company revenue
 (based on the past full year results)

	 	 Fee to be paid to NCR

	$0-24,999,000 (USD)	 	 $500,000 less payments already made by
 Notify

		
	$25,000,000-49,999,999 (USD)	 	 $500,000 less payments already made by
 Notify plus $125,000 (USD)

		
	$50,000,000-99,999,999 (USD)	 	 $500,000 less payments already made by
 Notify plus $225,000 (USD)

		
	$100,000,000-$199,999,999 (USD)	 	 $500,000 less payments already made by
 Notify plus $350,000 (USD)

		
	$200,000,000-$299,999,999 (USD)	 	 $500,000 less payments already made by
 Notify plus $475,000 (USD)

		
	$300,000,000+ (USD)	 	 $500,000 less payments already made by
 Notify plus $550,000 (USD)

  
 The applicable fee
shown above must be paid to NCR within sixty (60) days from the date of merger or sale of substantially all of the assets. Interest charges for late payment are 
  

					
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 agreed to incur at the rate of 1.5% per month (18% per year), or if less, the maximum rate permitted by
applicable law, which will be added to all past due amounts. In the event that the Merger Fee and interest is not paid in full within one hundred eighty days from the date of merger or sale of substantially all of the assets, the licenses granted
under this agreement shall terminate. 
  
 Any termination of this
Agreement or the licenses granted herein shall be without prejudice to (a) NCR’s right to receive or recover and Notify’s obligation to pay any amounts payable but for the termination, including without limitation the Merger Fee, and any
applicable interest accrued or accruable for payment at the time of any termination; and (b) any cause of action or claim of either party accrued or to accrue, because of any breach or default by the other party, which shall survive any termination
to the degree necessary to permit their complete fulfillment or discharge. 
  

	4.2	Notify can assign this Agreement without additional fees, and this agreement shall be deemed automatically assigned, upon the merger with or a transfer of a substantial portion of
Notify’s assets to a company already licensed under the NCR Patent, provided however that (i) if the acquiring company has a royalty-bearing license, then all sales of Notify’s products shall be subject to such royalty-bearing license, or
(ii) if the acquiring company has a fully-paid-up or fixed-fee license, then Notify shall immediately pay to NCR the difference between two hundred fifty thousand dollars and the amount Notify has already made to NCR, with a minimum payment of fifty
thousand dollars. 

  

	5.	AUDIT RIGHTS 

  

	5.1	Within thirty (30) days from the end of each quarter, Notify shall provide a written report, certified as to its correctness, to NCR, indicating the Gross Revenues for the preceding
quarter for which License payments are due. The report shall be accompanied by payment of License payments computed thereon. 

  

					
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	6.	TERMINATION 

  

	6.1	NCR may terminate this Agreement and all rights, licenses, and releases granted hereunder, including the covenant not to assert any NCR patent, if: 

  

	 	(i.)	Notify fails to timely make the required payment hereunder, provided that NCR shall first give written notice to Notify of such termination, and Notify shall have thirty (30) days
to make such payment and avoid such termination; or 

  

	 	(ii.)	Notify asserts any claim of patent infringement against NCR. 

  

	6.2	Any assignment by Notify of this Agreement without express written consent by NCR, as required in Section 4.1, shall be void and NCR may terminate this Agreement therefor.

  

	6.3	In the event of any termination under Sections 6.1 or 6.2, Notify is not relieved of its payment obligation hereunder. In such an event, Notify agrees to pay the balance of the
$500,000 License Fee; that is, the difference between $500,000 and the total amount paid by Notify to NCR up to the date of termination of this Agreement. The balance of the License Fee shall be paid at a rate of $10,000 per calendar quarter until
the License Fee ($500,000) is fully paid. 

  

	6.4	In the event that Notify ceases making, having made, using, selling, offering to sell, and importing the Licensed Products, Notify may terminate this Agreement by providing written
notice to NCR, but such termination shall be subject to a one time fee of $50,000 (U.S. currency) less payments made by Notify to NCR within the calendar quarter in which termination occurs. This one time fee shall be payable to NCR within thirty
days (30 days) of written notification to NCR of such termination. 

  

	6.5	Sections 6.3, 6.4, and 7.4 shall survive the termination of this Agreement. 

  

					
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	7.	MISCELLANEOUS 

  

	7.1	Neither Party is making any admissions as to the validity, enforceability, nor infringement of any claim of the NCR Patent through this Agreement. 

  

	7.2	This Agreement shall be binding upon and inure to the benefit of and be enforceable by, the Parties hereto and their legal representatives, successors and assigns.

  

	7.3	Each party, on behalf of itself and its successors and assigns, agrees that, for a period of two years after the Effective Date, with respect to any patents that it may own or
license, or come to own or license, it will not assert such patents against the other party or its affiliates, directly or indirectly, for any claim of infringement based on the use, making, having made, sale, offer for sale, importing or
distribution of any apparatus or product or of any method or service implemented or used by the other party. This section is not assignable and any such assignment is void. 

  

	7.4	Should any dispute occur between the Parties arising out of or related to this Agreement, the dispute will first be submitted to the level of management within each company with the
authority to resolve the issue. If the dispute is not resolved by the respective management involvement, the dispute must be submitted to final and binding arbitration in accordance with the then current rules of the American Arbitration
Association. A single arbitrator who is a Patent Attorney will conduct the arbitration. The arbitration will be held in the headquarters city of the Party not initiating the arbitration. The Parties agree to be bound by the decision of the
arbitrator and the award rendered may be entered in any court having jurisdiction. The Federal Arbitration Act, (9 U.S.C.), Sections §§ 1, not state law, will govern the arbitrability of all claims. 

  

	7.5	The terms of this Agreement will be kept in confidence by Notify and NCR except that either party may disclose the terms to the extent required by law, legal process or an order of
any court, the rules of the Securities and Exchange Commission or the applicable rules of any stock exchange, however, NCR may disclose the existence of this Agreement to any prospective licensee. 

  

					
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	7.6	This Agreement contains the entire agreement between NCR and Notify and may not be altered, amended or modified, except by an agreement in writing signed by authorized
representatives of both Parties. It supersedes any other agreement or communication, whether written or oral, that may have been made or entered into with regard to the subject matter hereof by NCR and Notify, even if acknowledged by the Party
sought to be bound. 

  

	7.7	Notify shall retain for a period of three (3) years after making a License Fee report, the records, files, and books of account prepared in the normal course of business, which
contain data reasonably required for the computation and verification of the amounts to be paid and the information to be given in such report. Notify shall permit the inspection, with reasonable advance notice and at reasonable times during normal
business hours, of such records, files, and books of account by a certified public accountant to which Notify has no reasonable objection. Said auditor shall be permitted to inspect such records, files, and books and Notify shall give said auditor
such other information as may be necessary and proper to enable the amounts of payments payable hereunder to be accurately ascertained. Such inspection shall be at NCR’s expense unless it is determined by said auditor that the License Fees paid
to NCR are deficient in excess of five percent (5%), in which case such inspection shall be paid by Notify, and Notify, in addition to any other remedy provided NCR by law or by this Agreement, agrees and is hereby bound to pay NCR an amount equal
to one hundred twenty-five percent (125%) of that which Notify has failed to report or pay. Neither NCR nor said auditor shall disclose to anyone, directly or indirectly, any of the information which they obtain as a result of any such inspection;
provided, however, that such information may be disclosed in connection with litigation or proceedings among the parties, or in connection with any statement filed with the Securities and Exchange Commission, the Internal Revenue Service, or other

  

					
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 governmental agencies pursuant to any subpoena or judicial process or where otherwise required by law.
NCR shall be entitled to receive only the results and conclusions of the auditor, and shall not be entitled to receive the raw data and materials on which those results and conclusions are based. NCR shall maintain in strict confidence and safeguard
to the best of its ability any proprietary or confidential information it may receive as a result of such audits and shall not at any time disclose such information to others. Any payments due under this Section shall be due and payable thirty (30)
Days following notice from NCR of such failure, breach or default. 
  

					
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 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed and delivered by their duly
authorized officers or agents. 
  

							
	NOTIFY TECHNOLOGY CORPORATION	 	NCR CORPORATION
				
	By:	 	 /s/    PAUL DEPOND

	 	By:	 	 /s/    ROBERT J. TRAMONTANO

	Name:	 	/Paul DePond/	 	Name:	 	/Robert J. Tramontano/
	Title:	 	President	 	Title:	 	Vice President
	Date:	 	November 7, 2003	 	Date:	 	November 24, 2003

  

					
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	 	Page 10 of 10	 	October 7, 2003Form of Amended and Restated Promissory Note

  EXHIBIT 4.1 
   
 THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 AND HAS BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN
CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISTRIBUTION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT
REQUIRED UNDER THE SECURITIES ACT OF 1933. 
  
 AMENDED AND
RESTATED 
 PROMISSORY NOTE 
  

			
	 $525,000
	 	As of September 30, 2004
	 	 	New York, New York

  
 For value received,
Orange Hospitality Inc., a Maryland corporation (the “Company”), promises to pay to the order of Briad Development West LLC (the “Holder”), the aggregate principal amount of the advances as set forth on Schedule A
annexed hereto and made a part hereof, up to the maximum principal sum of Five Hundred Twenty Five Thousand Dollars ($525,000.00), together with interest thereon. 
  
 The date and amount of each such advance shall be endorsed by the Holder on the grid annexed hereto as Schedule A,
and when so endorsed shall represent evidence thereof binding upon the Company. Any failure by the Holder to so endorse shall in no way mitigate or discharge the obligations of the Company to repay any advances actually made. This Amended and
Restated Note (the “Note”) amends and restates the Note dated as of May             , 2004 made by the Company to the Holder (the “Original Note”). Schedule A to this
Note shall reflect all advances made by the Holder to the Company under the Original Note and not repaid prior to September 30, 2004 and all advances made on or after September 30, 2004 pursuant to this Note. 
  
 Interest shall accrue on each advance from the date of such advance on the
unpaid principal amount of such advance at a rate equal to four percent (4%) per annum, compounded annually. 
  
 This Note is subject to the following additional terms and conditions. 
  
 1. Maturity. 
  
 (a) Subject to Section 1(b), principal and any accrued but unpaid interest under this Note shall be due and payable upon the earlier of (i) the first
closing of the Company’s public offering (the “First Closing”) reflected in Registration Statement No. 333-115998 (the “Offering”) or (ii) the Company’s termination of the Offering without a closing, provided,
however, that if the payment in full of the amounts due under this Note upon the First Closing would result in the Company paying offering expenses exceeding 15% of the gross proceeds of the entire Offering, the Company shall be entitled to
defer 
  

 the payment of such portion of the amounts due under this Note until the next subsequent closing(s) of the Offering as is
necessary to prevent the offering expenses paid out of the proceeds exceeding 15% of the gross proceeds of the entire Offering. If, following the final closing on the Offering, the payment of any remaining balance of this Note would result in the
Company paying offering expenses exceeding 15% of the gross proceeds of the entire Offering, the Company shall not be required to pay any amount that would result in the payment by the Company of offering expenses exceeding 15% of the gross proceeds
of the entire Offering. 
  
 (b) Notwithstanding the foregoing,
the entire unpaid principal sum of this Note, together with accrued and unpaid interest thereon, shall become immediately due and payable upon the insolvency of the Company, the commission of any act of bankruptcy by the Company, the execution by
the Company of a general assignment for the benefit of creditors, the filing by or against the Company of a petition in bankruptcy or any petition for relief under the federal bankruptcy act or the continuation of such petition without dismissal for
a period of ninety (90) days or more, or the appointment of a receiver or trustee to take possession of the property or assets of the Company. 
  
 2. Payment. All payments shall be made in lawful money of the United States of America at such place as the Holder hereof may from time to
time designate in writing to the Company. Payment shall be credited first to the accrued interest then due and payable and the remainder applied to principal. Prepayment of this Note may be made at any time. 
  
 3. Transfer; Successors and Assigns. The terms and conditions
of this Note shall inure to the benefit of and be binding upon the respective successors and assigns of the parties. This Note may be transferred only upon surrender of the original Note for registration of transfer, duly endorsed, or accompanied by
a duly executed written instrument of transfer in form satisfactory to the Holder. Thereupon, a new note for the same principal amount and interest will be issued to, and registered in the name of, the transferee. Interest and principal are payable
only to the registered holder of this Note. 
  
 4. Waiver
of Defenses. Every maker, endorser and guarantor of this Note, or the obligation represented by this Note, waives presentment, demand, notice, protest and all other demands or notices (except as otherwise expressly provided in the Security
Agreement), in connection with the delivery, acceptance, endorsement, performance, default, or enforcement of this Note, assents to any and all extensions or postponements of the time of payment or any other indulgence, to any substitution, exchange
or release of collateral, and/or to the addition or release of any other party or person primarily or secondary liable and generally waives all suretyship defenses and defenses in the nature thereof. 
  
 5. Governing Law. This Note and all acts and transactions
pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and 
  

 2 

 interpreted in accordance with the laws of the State of New York, without giving effect to principles of conflicts of
law. 
  
 6. Notices. Any notice required or
permitted by this Note shall be in writing and shall be deemed sufficient upon delivery, when delivered personally or by a nationally-recognized delivery service (such as Federal Express or UPS), or forty-eight (48) hours after being deposited in
the U.S. mail, as certified or registered mail, with postage prepaid, addressed to the party to be notified at such party’s address as set forth below or as subsequently modified by written notice. 
  
 7. Amendments and Waivers. Any term of this Note may be
amended only with the written consent of the Company and the Holder. Any amendment or waiver effected in accordance with this Section 7 shall be binding upon the Company, the Holder and each transferee of the Note. 
  
 8. Action to Collect on Note. If action is instituted to
collect on this Note, the Company promises to pay all costs and expenses, including reasonable attorney’s fees, incurred in connection with such action. 
  

Executed and delivered by the Company as a sealed instrument as of the date set forth above. 
  

			
	ORANGE HOSPITALITY, INC. 
		
	By:	 	                                      
                                        
                 
	 	 	 Name:                                     
                                        
      
 Title:                                     
                                        
        
  
 Address: 1775 Broadway,
Suite 604
                 New York, NY 10019

  
 AGREED TO AND ACCEPTED:

  
 BRIAD DEVELOPMENT WEST LLC 
  

			
		
	By:	 	                                      
                                        
                 
	 	 	 Name:                                     
                                        
      
 Title:                                     
                                        
        
  
 Address: 30-A Vreeland
Road
                 Florham Park, New Jersey 07932

  

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 SCHEDULE A 
  
 To the Promissory Note dated as of September 30, 2004 
 made by Orange Hospitality, Inc. in favor of 
 Briad Development West, LLC 
  

					
	 	 	 
	Date	 	Notation Made By	 	Amount of Advance
	 		 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 		 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 

  

 4

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