Document:

ex-10.23

 

 LOAN AGREEMENT
 July 12, 2018
 

 Hampshire Avenue Sdn Bhd, (the “Lender”) of 156 Jalan Utama, 10450  Georgetown, P. Penang, Malaysia agrees to advance CAD$10,000 (the “Principal Sum”) to VGrab Communications Inc. (the “Borrower”) of 1130 W. Pender Street, Unit 820, Vancouver, BC V6E 4A4. The funds will be advanced on July 12, 2018 (the “Effective date”).
 

 The Borrower agrees to repay the Principal Sum on demand, together with interest calculated and compounded monthly at the rate of 4% per year (the “Interest”) from July 12, 2018. The Borrower is liable for repayment for the Principal Sum and accrued Interest and any costs that the Lender incurs in trying to collect the Principal Sum and the Interest.
 

 The Borrower will evidence the debt and its repayment of the Principal Sum and the Interest with a promissory note in the attached form.
 

 	 	
	 LENDER
	 BORROWER

	 Hampshire Avenue Sdn Bhd
	 VGrab Communications Inc.

	  
	  

	 Per:
	 Per:

	  
	  

	 /s/ Ahmad Mazlanbin Ahmad
	 /s/ Lim Hun Beng

	 Name: Ahmad Mazlanbin Ahmad
	 Name: Lim Hun Beng

	 Position:
	 Position: CEO

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 

 

 PROMISSORY NOTE
 

 	 	
	 Principal Amount:  CAD$10,000
	 July 12, 2018

 

 

 FOR VALUE RECEIVED VGrab Communications Inc., (the “Borrower”) promises to pay on demand to the order of Hampshire Avenue Sdn Bhd (the “Lender”) the sum of $10,000 lawful money of Canada (the “Principal Sum”) together with interest on the Principal Sum from July 12, 2018 (“Effective Date”) both before and after maturity, default and judgment at the Interest Rate as defined below.
 

 For the purposes of this promissory note, Interest Rate means 4 per cent per year.  Interest at the Interest Rate must be calculated and compounded monthly not in advance from and including the Effective Date (for an effective rate of 4.07% per annum calculated monthly), and is payable together with the Principal Sum when the Principal Sum is repaid.
 

 The Borrower may repay the Principal Sum and the Interest in whole or in part at any time.
 

 The Borrower waives presentment, protest, notice of protest and notice of dishonour of this promissory note.
 

 

 BORROWER
 VGrab Communications Inc.
 

 Per:
 

 /s/ Lim Hun Beng
 Name: Lim Hun Beng
 Position: CEOex-10.24

 

 LOAN AGREEMENT
 August 9, 2018
 

 Hampshire Avenue Sdn Bhd, (the “Lender”) of 156 Jalan Utama, 10450  Georgetown, P. Penang, Malaysia agrees to advance CAD$10,000 (the “Principal Sum”) to VGrab Communications Inc. (the “Borrower”) of 1130 W. Pender Street, Unit 820, Vancouver, BC V6E 4A4. The funds will be advanced on August 9, 2018 (the “Effective date”).
 

 The Borrower agrees to repay the Principal Sum on demand, together with interest calculated and compounded monthly at the rate of 4% per year (the “Interest”) from August 9, 2018. The Borrower is liable for repayment for the Principal Sum and accrued Interest and any costs that the Lender incurs in trying to collect the Principal Sum and the Interest.
 

 The Borrower will evidence the debt and its repayment of the Principal Sum and the Interest with a promissory note in the attached form.
 

 	 	
	 LENDER
	 BORROWER

	 Hampshire Avenue Sdn Bhd
	 VGrab Communications Inc.

	  
	  

	 Per:
	 Per:

	  
	  

	 /s/ Ahmad Mazlanbin Ahmad
	 /s/ Lim Hun Beng

	 Name: Ahmad Mazlanbin Ahmad
	 Name: Lim Hun Beng

	 Position:
	 Position: CEO

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 

 

 PROMISSORY NOTE
 

 	 	
	 Principal Amount:  CAD$10,000
	 August 9, 2018

 

 

 FOR VALUE RECEIVED VGrab Communications Inc., (the “Borrower”) promises to pay on demand to the order of Hampshire Avenue Sdn Bhd (the “Lender”) the sum of $10,000 lawful money of Canada (the “Principal Sum”) together with interest on the Principal Sum from August 9, 2018 (“Effective Date”) both before and after maturity, default and judgment at the Interest Rate as defined below.
 

 For the purposes of this promissory note, Interest Rate means 4 per cent per year.  Interest at the Interest Rate must be calculated and compounded monthly not in advance from and including the Effective Date (for an effective rate of 4.07% per annum calculated monthly), and is payable together with the Principal Sum when the Principal Sum is repaid.
 

 The Borrower may repay the Principal Sum and the Interest in whole or in part at any time.
 

 The Borrower waives presentment, protest, notice of protest and notice of dishonour of this promissory note.
 

 

 BORROWER
 VGrab Communications Inc.
 

 Per:
 

 /s/ Lim Hun Beng
 Name: Lim Hun Beng
 Position: CEOEX-10.1

 Exhibit 10.1 
  

 
 Personal and Confidential 

August 23, 2018 
 Mr. Matti Masanovich 

14162 Riverside Drive East 
 Tecumseh, Ontario, Canada N8N1B6 

Dear Matti, 
 I am pleased to extend an offer of employment to
you as Executive Vice President, Chief Financial Officer for Superior Industries International, Inc. In this position you will be based out of our corporate headquarters in Southfield, Michigan and will report directly to me. 

Compensation and Benefits 
 The starting base salary will
be $515,000 per year, less applicable Federal and State taxes. This is a salaried position and you will be paid semi-monthly. You will also receive a car allowance of $800 per month pre-tax, payable at the
first pay period of each month. 
 You will be eligible to participate in the following Superior Industries International, Inc. Incentive Compensation
Programs: 
  

	 	-	 Under our 2018 Annual Incentive Performance Program (AIPP), you will be eligible for a discretionary annual
performance bonus, which will be prorated for days worked in the calendar year, with a target of 70% of your base salary ($360,500). All earned bonuses are typically paid before March 15th of the following year and are based on the company’s
performance as well as your individual performance. 

  

	 	-	 Additionally, as Executive Vice President, Chief Financial Officer, you qualify to receive an incentive award
through participation in Superior’s 2018-2020 Long-Term Incentive program as administered by Superior’s Compensation and Benefits Committee of the Board (“Committee”). The 2018 target incentive award is valued at 125% of your
base salary ($643,750). The Committee has also approved you receiving 1/3 of the 2017-2019 award ($214,583) which is comprised of time based and performance based restricted stock units. 

As an employee of Superior Industries International, Inc., you will be eligible to participate in our benefits and plans available to executives, including
our medical, dental, vision, life and long-term disability insurance plans, with eligibility beginning on the first day of the calendar month following your date of hire. A 401(K) plan with a company match is also offered to assist you in your
long-term financial planning. You will be eligible to participate in the plan the first of the month after two months of employment. 
 Vacation 

You are eligible for four weeks of paid vacation per year. 

  Page
 2
 
 Matti Masanovich 
  

 Start date 

Your start date of employment will be September 16, 2018 subject to U.S.C.I.S. approval of our petition filed on your behalf for TN status. Prior to such
date you will be expected to maintain this offer and your acceptance confidential. 
 Contingencies 

This offer is contingent upon the successful completion of the pre-employment urinalysis and alcohol screening, as well
as our receipt of satisfactory results from the verification of work history, criminal background check and credit check. 
 The Immigration Reform and
Control Act of 1986 requires Superior to verify the identity of every new employee and their legal right to work in the United States. 
 Employment

 Employment with the Company is at-will and is not for any fixed period of time. Employees may terminate their
employment at any time for any reason. Similarly, the Company may terminate any individual’s employment at any time for any reason. Your employment will be conditional upon your signing an agreement to your
at-will employment status. 
 If you find the terms of our offer acceptable, please acknowledge by signing and
returning one copy of this letter to me. This letter represents all terms associated with this offer of employment. 
 Matti, I want you to know that the
directors and employees you have met at Superior are very excited about you joining Superior Industries International, Inc. and look forward to working with you. 

Sincerely, 
 Don Stebbins 

President and Chief Executive Officer 
  

 
 I hereby accept this offer of employment: 

 

					
	/s/ Matti Masanovich	 		 	August 23, 2018
	Matti Masanovich	 		 	Date101 - Patent Security Agreement between Registrant and Mintz Levin

		

			Exhibit 10.1

		

		

			 

		

		
			Patent Security Agreement
		

		
			Patent Security Agreement, dated as of September 11, 2018, by ParkerVision Inc., a Florida corporation ("Pledgor"), in favor of Mintz Levin Cohn Ferris Glovsky and Popeo, P.C. (the "Recipient").
		

		
			WITNESSETH:
		

		
			WHEREAS, the Pledgor is party to a fee agreement dated as of February 25, 2016 (as amended, amended and restated, supplemented or otherwise modified from time to time, including the fee agreement dated August 17, 2018 regarding the second phase of the monetization program, and the fee agreements dated August 20, 2018 regarding (i) the New Jersey district court action, (ii) support of German litigation and (iii) the IPR appeal (collectively, the "Fee Agreement") and desires to grant a security interest in certain of Pledgor’s patents to Recipient.
		

		
			Now, THEREFORE, in consideration of the promises and to induce the Recipient to enter into further dealings, the Pledgor hereby agrees with the Recipient as follows:
		

		
			SECTION 1. Grant of Security Interest. As security for prompt and complete payment of the Secured Promissory Note dated August 20, 2018, made by Pledgor in favor of Recipient (the “Note”) and for future invoices issued by Recipient under the Fee Agreement, Pledgor does hereby pledge, collaterally assign and grant to the Recipient, its successors and assigns, a continuing security interest in all of its right, title or interest in, to or under all of the following assets, regardless of where located (collectively, the “IP Collateral”):
		

		
			(a)    Patents of the Pledgor listed on Schedule I attached hereto; and
		

		
			(b)    all proceeds of any and all of the foregoing.
		

		
			SECTION 2. Security Agreement. The security interests granted to the Recipient herein are granted in furtherance, and not in limitation of, the interests granted to the Recipient in the Fee Agreement.  In the event of any conflict between the terms of this Agreement and the Fee Agreement, the terms of the Fee Agreement shall govern.
		

		
			SECTION 4. Termination. Upon the payment in full of the Note and of future invoices issued by Recipient under the Fee Agreement, the Recipient shall promptly execute, acknowledge, and deliver to the Pledgor an instrument or instruments (in recordable form, if necessary) releasing the collateral pledge, grant, assignment, lien and security interest in the IP Collateral.
		

		
			SECTION 5. Counterparts. This Patent Security Agreement may be executed in any number of counterparts, all of which shall constitute one and the same instrument, and any party hereto may execute this Patent Security Agreement by signing and delivering one or more counterparts.
		

		

		

		 

 

		
		

		
			SECTION 6. Governing Law. This Patent Security Agreement and the transactions contemplated hereby, and all disputes between the parties under or relating to this Patent Security Agreement or the facts or circumstances leading to its execution, whether in contract, tort or otherwise, shall be construed in accordance with and governed by the laws (including statutes of limitation) of the State of New York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction.
		

		
			IN WITNESS WHEREOF, the Pledgor and the Recipient have caused this Patent Security Agreement to be duly executed and delivered by their duly authorized officer as of the date first set forth above.
		

		
			﻿
		

			
					
						﻿

					
					
						PARKERVISION, INC., as Pledgor

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						By:

					
					
						/s/ Jeffrey Parker

				
	
					
						﻿

					
					
						Name:

					
					
						Jeffrey L. Parker

				
	
					
						﻿

					
					
						Title:

					
					
						Chief Executive Officer

				
	
					
						﻿

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						MINTZ LEVIN COHN FERRIS GLOVSKY & POPEO, P.C.,

				
	
					
						﻿

					
					
						as Recipient

				
	
					
						﻿

					
					
						 

					
					
						 

				
	
					
						﻿

					
					
						By:

					
					
						/s/ Michael McNamara

				
	
					
						﻿

					
					
						Name:

					
					
						Michael McNamara

				
	
					
						﻿

					
					
						Title:

					
					
						Member

				

		
			﻿
		

		
			﻿
		

		
			﻿
		

		
			﻿
		

		
			 
		

		

		

		 

		

			 

		

		

			2

		

 

		SCHEDULE 1
		

		
			to
		

		
			PATENT SECURITY AGREEMENT
		

		
			﻿
		

		
			PATENT REGISTRATIONS AND PATENT APPLICATIONS
		

		
			﻿
		

		
			﻿
		

		
			United States Patent Registrations:
		

			
					
						﻿

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Title

					
					
						Country

					
					
						Patent Number

					
					
						Grant Date

				
	
					
						Systems And Methods For Vector Power Amplification

					
					
						United States

					
					
						7,327,803

					
					
						2/5/2008

				
	
					
						Orthogonal Signal Generation Using Vector Spreading And Combining

					
					
						United States

					
					
						7,746,764

					
					
						6/29/2010

				
	
					
						Systems And Methods For Vector Power Amplification

					
					
						Germany

					
					
						1813069

					
					
						7/31/2013

				
	
					
						Systems And Methods For Vector Power Amplification

					
					
						South Korea

					
					
						10-1171133

					
					
						7/30/2012

				
	
					
						Systems And Methods For Vector Power Amplification

					
					
						UK

					
					
						1813069

					
					
						7/31/2013

				
	
					
						Systems And Methods For Vector Power Amplification 

					
					
						United States

					
					
						7,184,723

					
					
						2/27/2007

				
	
					
						Rf Power Transmission, Modulation, And Amplification Using Multiple Input Single Output (Miso) Amplifiers To Process Phase Angle And Magnitude Information (As Amended 03/01/2010)

					
					
						United States

					
					
						7,835,709

					
					
						11/16/2010

				

		

		

		 

		

			 

		

		

			1

		

 

		
		

			
					
						Title

					
					
						Country

					
					
						Patent Number

					
					
						Grant Date

				
	
					
						Systems And Methods Of Rf Power Transmission, Modulation, And Amplification, Including Embodiments For Amplifier Class Transitioning

					
					
						United States

					
					
						7,355,470

					
					
						4/8/2008

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation, And Amplification, Including Architect7ural Embodiments Of Same

					
					
						United States

					
					
						7,937,106

					
					
						5/3/11

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation, And Amplification, Including Waveform Distortion Compensation Embodiments

					
					
						United States

					
					
						7,945,224

					
					
						5/17/11

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation, And Amplification, Including Embodiments For Compensating For Waveform Distortion

					
					
						United States

					
					
						8,031,804

					
					
						10/4/11

				
	
					
						RF Power Transmission, Modulation, And Amplification, Including A Cartesian 4-Branch Embodiments

					
					
						United States

					
					
						7,526,261

					
					
						4/28/2009

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation, And Amplification, Including A Cartesian-Polar-Cartesian-Polar (Cpcp) Embodiment

					
					
						United States

					
					
						8,406,711

					
					
						3/26/2013

				

		

		

		 

		

			 

		

		

			2

		

 

		
		

			
					
						﻿Title

					
					
						Country

					
					
						Patent Number

					
					
						Grant Date

				
	
					
						RF Power Transmission, Modulation, And Amplification, Including Direct Cartesian 2-Branch Embodiments

					
					
						United States

					
					
						8,428,527

					
					
						4/23/2013

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation, And Amplification, Including Cartesian-Polar-Cartesian-Polar (Cpcp) Embodiments

					
					
						United States

					
					
						8,280,321

					
					
						10/2/12

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation, And Amplification, Including Cartesian 4-Branch Embodiments

					
					
						United States

					
					
						8,351,870

					
					
						1/8/2013

				
	
					
						A Multiple Input Single Output (Miso) Amplifier Having Multiple Transistors Whose Output Voltages Substantially Equal The Amplifier Output Voltage 

					
					
						United States

					
					
						8,433,264

					
					
						4/30/2013

				
	
					
						RF Power Transmission, Modulation, And Amplification, Including Power Control Of Multiple Input Single Output (Miso) Amplifiers 

					
					
						United States

					
					
						8,447,248

					
					
						5/21/2013

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation, And Amplification, Including Output Stage Protection Circuitry 

					
					
						United States

					
					
						8,577,313

					
					
						11/5/2013

				

		

		

		 

		

			 

		

		

			3

		

 

		
		

			
					
						Title

					
					
						Country

					
					
						Patent Number

					
					
						Grant Date

				
	
					
						Multiple Input Single Output (Miso) Amplifier With Circuit Branch Output Tracking

					
					
						United States

					
					
						7,647,030

					
					
						1/12/2010

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation, And Amplification, Including Multiple Input Single Output (Miso) Amplifier Embodiments Comprising Harmonic Control Circuitry

					
					
						United States

					
					
						7,672,650

					
					
						3/2/2010

				
	
					
						RF Power Transmission, Modulation, And Amplification, Including Harmonic Control Embodiments

					
					
						United States

					
					
						7,844,235

					
					
						11/30/2010

				
	
					
						RF Power Transmission, Modulation, And Amplification Embodiments, Including Control Circuitry For Controlling Power Amplifier Output Stages 

					
					
						United States

					
					
						8,233,858

					
					
						7/31/2012

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation, And Amplification

					
					
						Germany

					
					
						2405277

					
					
						5/14/2014

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation And Amplification

					
					
						Japan

					
					
						5486068

					
					
						2/28/2014

				
	
					
						Systems And Methods Of RF Power Transmission, Modulation, And Amplification

					
					
						UK

					
					
						2405277

					
					
						5/14/2014

				

		

		

		 

		

			 

		

		

			4

		

 

		
		

		
			﻿
		

			
					
						Title

					
					
						Country

					
					
						Patent Number

					
					
						Grant Date

				
	
					
						Methods And Systems For Down-Converting A Signal Using A Complementary Transistor Structure

					
					
						United States

					
					
						7376410

					
					
						5/20/2008

				
	
					
						Wireless Local Area Network (WLAN) Using Universal Frequency Translation Technology Including Multi-Phase Embodiments

					
					
						United States

					
					
						7072390

					
					
						7/4/2006

				
	
					
						Wireless Local Area Network (WLAN) Technology And Applications Including Techniques Of Universal Frequency Translation

					
					
						United States

					
					
						7054296

					
					
						5/30/2006

				
	
					
						Method And Apparatus For Reducing DC Offsets In A Communication System

					
					
						United States

					
					
						7072427

					
					
						7/4/2006

				
	
					
						Wireless And Wired Cable Modem Applications Of Universal Frequency Translation Technology

					
					
						United States

					
					
						7292835

					
					
						11/6/2007

				

		
			﻿
		

		
			﻿
		

		 

		

			 

		

		

			5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00287-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00287-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00287-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00287-of-00352.parquet"}]]