Document:

ex10-6.htm

    Exhibit
10.6

    

    Exhibit
“A-3”

    

    Promissory
Note

    
      	 
      	 
      
	
              Date:

            	
              April
      3, 2008

            
	 
      	 
      
	
              Maker:

            	
              Calypso
      Wireless, Inc., a Delaware corporation

            
	 
      	 
      
	
              Maker's
      Mailing Address:

            
	 
      	 
      
	 
      	
              2500
      NW 79th
      Avenue, Suite 220

            
	 
      	
              Miami,
      Florida 33122

            
	 
      	 
      
	
              Payees:

            	
              Drago
      Daic and Jimmy Williamson, P.C.

            
	 
      	 
      
	
              Place
      for Payment:

            
	 
      	 
      
	 
      	
              c/o
      Jimmy Williamson

            
	 
      	
              4310
      Yoakum Boulevard

            
	 
      	
              Houston,
      Texas 77006-5818

            
	 
      	 
      
	
              Principal
      Amount:

            
	 
      	 
      
	 
      	
              $1,000,000.00
      (ONE MILLION AND NO/100 DOLLARS)

            

    

    

    
       
Settlement
Agreement:

    

    

    This
Note is issued pursuant to the terms of that certain Settlement Agreement
between Maker and Drago Daic dated April 3, 2008 (the “Settlement
Agreement”).

    

    Annual
Interest Rate:

    

    Interest
will accrue on the unpaid principal balance of this Note at the rate per annum
equal to (i) the lesser of the Prime Interest Rate plus 1% (as defined below),
adjusted on the first day of each calendar month based on the Prime Interest
Rate then in effect, or (ii) the maximum rate of interest allowed under
applicable law; provided, however, if at
anytime the Prime Interest Rate drops below 7.5% per annum, the Prime Interest
Rate for purposes of interest accruing on this Note shall be deemed to be 7.5%
per annum; and provided, further, that from
and after the occurrence of any Event of Default and during the continuation
thereof, the outstanding principal balance of this Note will bear interest at a
rate (herein, the “Default Rate”) equal to the lesser of (i) eighteen percent
(18%) per annum, or (ii) the maximum rate of interest allowed under applicable
law.

     

    
      
        $1Million
Promissory Note

        
        

      

      
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    The Prime
Interest Rate means the annual rate of interest announced from time to time by
JPMorgan Chase Bank as its base or prime commercial lending rate. If that rate
ceases to be available, the Prime Interest Rate will be a reasonably comparable
rate to be determined by Payee.

    

    Payments
will be applied first to accrued interest and the remainder to reduction of the
principal amount hereunder.

    

    Terms
of Payment:

    

    Principal
and interest will be due and payable in one lump sum payment on April 3,
2009.  Notwithstanding the provisions under Annual Interest Rate
above, in the event this Note, including principal and interest hereon, is not
paid on or before April 3, 2009, the Annual Interest Rate hereunder from the
original Date of this Note set forth above until paid in accordance herewith
shall be at the Default Rate.

    

    Maker
promises to pay to Payee, at the Place for Payment and in accordance with the
Terms of Payment, the Principal Amount together with interest accrued thereon at
the Annual Interest Rate.

    

     

    
      	
               
      

            	
              Events
      of Default:

            

    

     

    The
principal sum evidenced by this Note, together with accrued interest, shall
become immediately due and payable at the option of Payee, without presentment
or demand or any notice to Maker or any other person obligated hereon, if any of
the following events or conditions (each of which shall constitute an "Event of
Default") shall occur or exist:

     

    
      	
              (A)

            	
              any
      failure by Maker to pay when due any installment of principal or interest
      or any other fee due hereunder when due;

               

            
	
              (B)

            	
              any
      failure of Maker to make any payments due under the terms of the
      Assignment Agreement (as defined in the Settlement Agreement) or the
      Patent Mortgage and Security Agreement (as defined in the Settlement
      Agreement) or any other agreement (other than this Note) executed pursuant
      to the terms of the Settlement Agreement and fails to cure such monetary
      default within ten (10) days from the date of written notice of same, or
      if Maker breaches any non-monetary provision of the Assignment Agreement,
      the Patent Mortgage and Security Agreement or any other agreement executed
      pursuant to the terms of the Settlement Agreement and (i) fails to cure
      such monetary default within twenty (20) days from the date of the written
      notice of same or (ii) if such non-monetary default is not of the nature
      than can reasonably be cured within twenty (20) days, fails to promptly
      commence to cure the default within twenty (20) days or fails to promptly
      completes such cure thereafter;

            
	 
      	 
      
	 
      	 
      

    

     

     

     

    
      
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Promissory Note

        
        

      

      
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              (C)

            	
              the
      filing by Maker of a voluntary petition in bankruptcy, the adjudication of
      Maker as a bankrupt or insolvent, the filing by Maker of any petition or
      answer seeking or acquiescing in any reorganization, arrangement,
      composition, readjustment, liquidation, dissolution or similar relief
      under any present or future federal, state or other statute, law or
      regulation relating to bankruptcy, insolvency or other relief for debtors,
      or the appointment of any trustee, receiver or liquidator or the making of
      any general assignment for the benefit of creditors for the benefit of
      Maker or Maker’s admission in writing of its inability to pay its debts
      generally as they become due.

            

    

    Usury:

    

    It is the intention of the parties
hereto to conform strictly to applicable usury laws as in effect from time to
time during the term of this Note.  Accordingly, if any transaction or
transactions contemplated hereby would be usurious under applicable law
(including the laws of the United States of America, or of any other
jurisdiction whose laws may be mandatorily applicable), then, in that event,
notwithstanding anything to the contrary in this Note, it is agreed as
follows:  (i) the provisions of this paragraph shall govern and
control; (ii) the aggregate of all interest under applicable laws that is
contracted for, charged or received under this Note shall under no circumstances
exceed the maximum amount of interest allowed by applicable law, and any excess
shall be promptly credited to Maker by Payee (or, if such consideration shall
have been paid in full, such excess shall be promptly refunded to Maker by
Payee) (iii) neither Maker nor any other person or entity now or hereafter
liable in connection with this Note shall be obligated to pay the amount of such
interest to the extent that it is in excess of the maximum interest permitted by
the applicable usury laws; and (iv) the effective rate of interest shall be
ipso facto reduced to the
maximum lawful interest rate.

    

    Prepayment:

    

    Maker
shall have the privilege to prepay this Note at any time, and from time to time,
in whole or in part, without penalty or fee.  Any prepayment of
principal under this Note shall include accrued interest to the date of
prepayment on the principal amount being prepaid.

    

    Waiver:

    

    Maker and
any other co-makers, endorsors, guarantors and sureties severally (i) waive
notice (including, but not limited to, notice of protest, notice of dishonor and
notice of intent to accelerate or notice of acceleration), demand, presentment
of payment, protest and filing of suit for the purpose of fixing liability, (ii)
consent that the time of payment hereof may be extended without notice to them
or any of them, (iii) expressly agree that it will not be necessary for any
holder hereof, in order to enforce payment of this Note by them, to first
institute suit or exhaust its remedies against Maker or any others liable
herefor, or to enforce its rights against any security herefor and (iv) consent
to any extensions or postponements of time of payment of this Note or any other
indulgences with respect hereto without notice thereof to any of
them.

     

    

     

    
      
        $1Million
Promissory Note

        
        

      

      
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    Security:

    

    This Note
is secured by the pledge of certain assets of Payee pursuant to the terms of
that certain Patent Mortgage and Security Agreement dated of even date herewith
between Maker and Payee.

    

    Governing
Law:

    

    This Note
will be construed under the laws of the state of Texas, without regard to
choice-of-law rules of any jurisdiction.

    

    

    
      	 
      	
              MAKER:

            
	 
      	 
      
	 
      	 
      
	 
      	
              CALYPSO
      WIRELESS, INC.

            
	 
      	 
      
	 
      	 
      
	 
      	
              BY:
      /s/
      Cheryl L. Dotson    

            
	 
      	
              Name: Cheryl
      L. Dotson

            
	 
      	
              Title: CFO
      & Director

            

    

    

    

    

     

     

     

    
 

    
      
        $1Million
Promissory Note

        
        

      

      
        Page 4 of
4ex10-7.htm

    Exhibit
10.7

    

    Exhibit
“B”

    

    ASSIGNMENT
AGREEMENT

    WITH
RESPECT TO UNDIVIDED INTEREST IN PATENTS

    

    This
ASSIGNMENT
AGREEMENT WITH RESPECT TO UNDIVIDED INTEREST IN PATENTS (“Assignment
Agreement”), dated as of April 3, 2008 (the “Closing Date”), is entered into by
and between Calypso Wireless, Inc., a Delaware Corporation (“Assignor”), and
Jimmy Williamson, P.C., a Texas professional corporation (“Williamson”), and
Drago Daic, an individual residing in Houston, Texas (“Daic” with Williamson and
Daic being collectively referred to as “Assignee”).  Assignor and Assignee
are each sometimes referred to herein as “Party” and collectively as
“Parties”.  Capitalized terms used herein and not otherwise defined
shall have the meanings ascribed thereto in the Settlement Agreement, as defined
below.

    

    WHEREAS, a dispute had arisen
between the Parties with respect to certain patent rights owned by Assignor
commonly known as “ASNAP” and more particularly described as United States
Patent No. US 6,680,923 B1; and “Baxter Patents” and more particularly described
as United States Patent No. US 6,385,306, United States Patent No. US6,765,996,
United States Patent No. US 6,839,413, and United States Patent No. US
7,031,439.

    

    WHEREAS,
the Parties have entered into a Settlement Agreement dated April 3, 2008,
providing for the resolution of the above described dispute (the “Settlement
Agreement”);

    

    WHEREAS, pursuant to the
Settlement Agreement, Assignor has agreed to enter into this Assignment
Agreement at the Closing of the Settlement Agreement;

    

    NOW THEREFORE, in
consideration of the premises and mutual covenants herein contained, Assignor
and Assignee agree as follows:

    

    1.           Assignment.

    

    (a)           Assignor does hereby SELL,
ASSIGN, AND TRANSFER to Assignee an undivided twenty five percent (25%) interest
in and to the ASNAP Patent and Baxter Patents (collectively the “Patent”)
which are more fully described herein below in paragraphs (i) and (ii) and shall
mean as follows:

     

    
      	
               
      

            	
              (i)

            	
              “ASNAP
      Patents” shall mean: (1) United States Patent No. US 6,680,923 B1, U.S.
      Patent Application Serial No. 11/040,482, and PCT Application No.
      PCT/US01/07528 (2) all patents and applications throughout the world that
      claim priority to, directly or indirectly, or from which the foregoing
      claim priority, directly or indirectly; (3) all substitutions for and
      divisions, continuations, continuations-in-part, renewals, reissues,
      patent cooperation treaty applications, foreign applications, national
      phase entries, and extensions of the foregoing patents and applications
      throughout the world, and including patent applications and applications
      throughout the world for like protection that have now been or may in the
      future be granted on the invention disclosed in any of the foregoing
      patents or applications, including without limitation, those obtained or
      permissible under past, present, and future laws and statutes; and (4) all
      right, title, and interest in and to any and all rights and causes of
      action based on, arising out of, related to, or on account of past,
      present, and future unauthorized use and/or infringement of any and all of
      the foregoing, including but not limited to all past, present, and future
      awards, damages, and remedies related thereto or arising
      therefrom.

            

    

     

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    
 

    
      	
               
      

            	
              (ii)

            	
              The
      “Baxter Patents” shall mean: (1) United States Patents No. 6,385,306, No.
      6,765,996, No. 6,839,412 and No. 7,031,439; (2) all patents and
      applications throughout the world that claim priority to (directly or
      indirectly) the foregoing, or from which the foregoing claim priority
      (directly or indirectly); (3) all substitutions for and divisions,
      continuations, continuations-in-part, renewals, reissues, patent
      cooperation treaty applications, foreign applications, national phase
      entries, and extensions of the foregoing patents and applications
      throughout the world, and including patent applications and applications
      throughout the world for like protection that have now been or may in the
      future be granted on the invention disclosed in any of the foregoing
      patents or applications, including without limitation, those obtained or
      permissible under past, present, and future laws and statutes; and (4) all
      right, title, and interest in and to any and all rights and causes of
      action based on, arising out of, related to, or on account of past,
      present, and future unauthorized use and/or infringement of the any and
      all of the foregoing, including but not limited to all past, present, and
      future awards, damages, and remedies related thereto or arising
      therefrom.

            

    

    

    Assignee’s
twenty-five percent (25%) interest shall also include twenty-five percent (25%)
of all proceeds arising out of or related to the Patents, including but not
limited to: (a) all monies, revenues, and non-monetary consideration received by
Assignor from the use, manufacture, sale, license, offer for sale or license,
and importation of all methods and products that fall within the scope of at
least one claim of the Patents and (b) all monies, revenues, and non-monetary
consideration received in settlement of or as damages for (including enhanced
damages) any dispute, suit, action, or claim arising out of or related to the
Patents.

    

    (b)           With
the exception of those rights expressly transferred by Assignor to Assignee
pursuant to this Assignment Agreement, Assignee transfers to Assignor all right,
title and interest in and to the Patent that Daic may have or heretofore have
acquired, whether pursuant to the litigation between the parties or
otherwise.  Assignee further represents and warrants that they have
not, prior to entering into this Assignment Agreement, transferred or assigned
any interest in the Patent to any other party.

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    2.           Representations
and Warranties of Assignor. Assignor does hereby
represent and warrant to Assignee that:

    

    
      	
              (a)

            	
              Neither
      the Patent nor any claims thereof has been held invalid or unenforceable
      and, to the best of Assignor’s knowledge, the Patent is valid and
      enforceable.

            
	 
      	 
      
	
              (b)

            	
              Assignor
      shall not challenge the validity or enforceability of the
      Patent.

            
	 
      	 
      
	
              (c)

            	
              The
      Patent is not, nor has it ever been, the subject of, or involved in, any
      suit, action or reexamination or reissue proceeding other than the suit
      that is described in the Settlement Agreement (such litigation being
      referred to as the “Litigation”).

            
	 
      	 
      
	
              (d)

            	
              To
      the best of Assignor’s knowledge, aside from the Litigation, there are no
      past or present threatened claims or litigation contesting the validity,
      enforceability, infringement, ownership or right to use, make, import,
      sell, license, or offer for sale or license any rights in the Patent or,
      to the best of Assignor’s knowledge, other than with respect to the
      Litigation, is there any basis for such claims or
    litigation.

            
	 
      	 
      
	
              (e)

            	
              Other
      than as provided for in this Assignment Agreement, Assignor owns and holds
      all right, title, claim, and interest in and to the Patent and no
      assignment, grant, mortgage, lien, restriction, encumbrance, or other
      agreement affecting the Patent has been or will be made to others by the
      Assignor.

            
	 
      	 
      
	
              (f)

            	
              Assignor
      possesses the full right to convey the interest conveyed in this
      Assignment Agreement in the Patent to Assignee.

            
	 
      	 
      
	
              (g)

            	
              There
      are no current licenses, or options, commitments or agreements to license
      any rights, in and to the Patent.

            
	 
      	 
      
	
              (h)

            	
              All
      maintenance fees or annuity fees have been paid on the Patent and the
      Patent has not expired for failure to pay maintenance or annuity
      fees.

            
	 
      	 
      
	
              (i)

            	
              Assignor
      is not aware of any prior article, document, use, or information that
      would invalidate any of the claims of the Patent.

            
	 
      	 
      
	
              (j)

            	
              To
      the best of Assignor’s knowledge, the applicants’ attorneys, agents, and
      other individuals associated with the filing or prosecution of the Patent
      disclosed to the appropriate patent office all information known to them
      to be material to the patentability of the Patent.

            
	 
      	 
      
	
              (k)

            	
              To
      the best of Assignor’s knowledge, the inventor named in the Patent is the
      original, sole, and true inventor of the inventions claimed in the
      Patent.

            
	 
      	 
      

    

     

     

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    3.           Covenants of
Assignee.  Assignee hereby covenants and promises
that:

    

    
      	
              (a)

            	Assignee
      will not use, license or otherwise convey or assign any rights in
      and to
      the Patent; and
	 
      	 
      	 
      
	
              (b)

            	
              Assignee
      will not sell, assign or pledge its rights and interests under this
      Assignment Agreement unless the purchaser, assignee or pledgee agrees to
      accept and be bound by all the terms of this Assignment
      Agreement.

            

    

    

    4.           Assignee’s
Rights in the Management of the Patent.

    

    (a)           Prior
to any sale, license or other transfer (any such transaction being referred to
herein as a “Transfer”) of any rights in the Patent, Assignor shall provide
reasonable information with respect to the proposed Transfer to Assignee such
that Assignee can evaluate the Transfer.  Assignor agrees that it will
not Transfer any rights in the Patent to an Affiliate of Assignor, nor will
Assignor enter into any Transfer that is contingent upon entering into a second
transaction if the effect of the combined transactions would be reasonably
construed to unfairly move consideration away from the Transfer to the second
transaction.  Assignor agrees that any Transfer of the Patent must be
on an arm’s length basis.  Aside from the foregoing, Assignee shall be
obligated to approve any Transfer requested pursuant to notice as provided
herein, so long as (i) the Transfer provides for Assignee to receive its twenty
five percent (25%) interest in the proceeds directly from the recipient of the
Transfer; (ii) the directors of Assignor (the “Directors”) approve the Transfer;
(iii) the decision of the Directors is informed by all material information
reasonably available; (iv) the Directors are disinterested and independent; and
(v) the Directors act with the honest belief that the Transfer is in the best
interest of the owners of the Patent.  With the sole exception of the
limited right of approval set forth herein, Assignee shall have no right to
direct or to participate in any way in any negotiations or discussions relating
to any Transfer of the Patent.  For purposes hereof, “Affiliate” shall
mean with respect to any specified Person, any Person that, directly or
indirectly, controls, is controlled by, or is under common control with, such
specified Person, through one or more intermediaries or otherwise and “Person”
shall mean any individual, corporation, partnership, joint venture, association,
joint-stock company, trust, unincorporated organization, limited liability
company or government or other entity.

    

    (b)           No
Transfer shall be made of the Patent without the written approval of
Assignee.  Prior to any Transfer, after being provided with the
information required under paragraph (a) above and assuming the Transfer
complies with the other provisions of paragraph (a), Assignee shall be obligated
to approve the Transfer upon five (5) days notice thereof.  In such
event, Assignee shall also be obligated to comply with such reasonable requests
as may be made by Assignor relating to the Transfer, including the documentation
of the Transfer.  Formal approval shall be evidenced by the written
consent of either Williamson or Daic.

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    (c)           Except
as provided herein, Assignee shall have no rights in or to the management of the
Patent.

    

    (d)           In
the event that Assignor brings a suit, action or claim related to infringement,
validity, or enforceability of the Patent, Assignee consents to being named as a
co-party in such suit, action or claim (including but not limited to giving its
consent to venue and personal jurisdiction in the venue selected by
Assignor).  Assignor shall pay all attorney’s fees and other costs
incurred to bring and prosecute such a suit, action or claim including all
attorney’s fees and other costs with respect to Assignee’s interest in the
Patent.  In the event that a recovery is obtained, Assignor shall be
entitled to deduct, from the proceeds of such suit, action or claim payable to
Assignee, the Assignee’s proportionate share of the attorney’s fees and other
costs incurred with respect to the suit, action or claim.

    

    5.           Arbitration.  In
the event Assignee does not approve the Transfer within the time period
specified above, Assignor shall be permitted to submit its request for approval
of the Transfer to binding arbitration in accordance with this paragraph
4.  In such event, Assignor’s right to have the Transfer approved,
including the reasonableness of Assignee’s refusal or failure to approve the
Transfer, shall be settled by arbitration administered by the American
Arbitration Association in Texas in accordance with its Commercial Arbitration
Rules.  The matter will be submitted for decision by a single
arbitrator, and judgment on the award rendered by the arbitrator may be entered
in any court having jurisdiction thereof.  The parties will request an
expedited schedule in any such arbitration.

    

    6.           Notices.  Any
notices or other communications required or permitted under, or otherwise in
connection with this Assignment Agreement, shall be in writing and shall be
deemed to have been duly given (i) when delivered in person; (ii) upon
confirmation of receipt when transmitted by facsimile transmission (but only if
followed by transmittal by national overnight courier or hand delivery on the
next Business Day; (iii) three (three) days following deposit in a regularly
maintained receptacle for the United States mail, registered or certified,
postage fully prepaid; or (iv) on the next Business Day if transmitted by
national overnight courier, in each case to the address set forth below or at
such other address as such party may have previously specified by notice
provided in accordance herewith:

    

    
      	 
      	
              If to Assignor,
    to:

            
	 
      	 
      
	 
      	
              Calypso
      Wireless, Inc.

            
	 
      	
              2500
      NW 79th
      Avenue, Suite 220

            
	 
      	
              Miami,
      Florida 33122

            
	 
      	
              Attention:

            
	 
      	
              Facsimile
      No.

            
	 
      	 
      

    

     

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

     

    
      	 
      	 
      
	 
      	 
      
	 
      	
              with a copy to:

               

            
	 
      	
              Zimmerman,
      Axelrad, Meyer, Stern & Wise, P.C.

            
	 
      	
              3040
      Post Oak Boulevard, Suite 1300

            
	 
      	
              Houston,
      Texas 77056-6560

            
	 
      	
              Attn:  Brian
      Zimmerman

            
	 
      	
              Facsimile
      No. (713)963-0869

            
	 
      	 
      
	 
      	
              If to Assignee,
to:

               

            
	 
      	
              Drago
      Daic

            
	 
      	
              xx
      xxxx xxxxxxxx xxxx xxxxx

            
	 
      	
              xxxxxx
      xxxxx xxxxx

            
	 
      	
              xxxxxxxxxx
      xx xxxxxxxxxxx

            
	 
      	 
      
	 
      	
              and
      to:

            
	 
      	 
      
	 
      	
              Jimmy
      Williamson, P.C.

            
	 
      	
              4310
      Yoakum Boulevard

            
	 
      	
              Houston,
      Texas 77006

            
	 
      	
              Facsimile
      No. (713)223-0001

            
	 
      	 
      
	 
      	
              with a copy
  to:

            
	 
      	 
      
	 
      	
              Boyar
      & Miller, P.C.

            
	 
      	
              4265
      San Felipe, Suite 1200

            
	 
      	
              Houston,
      Texas 77027

            
	 
      	
              Attention:  Gary
      W. Miller

            
	 
      	
              Facsimile
      No.:  (713) 522-1758

            

    

    

    7.           Further
Actions.  When requested and at the expense of the
Assignee,  Assignor shall carry out in good faith the intent and
purpose of this Patent Assignment and generally do everything possible which the
Assignee shall consider desirable for vesting in the Assignee the undivided
interest in the title to the Patent described herein.

    

    8.           Reconveyance
to Assignor.  At such time as Assignee has received an
aggregate of $20,000,000 in cash as a result of the ownership interest in the
Patent conveyed pursuant hereto, Assignee shall reconvey to Assignor all rights
received pursuant to this Patent Assignment.  Simultaneous therewith,
Assignor and Assignee shall execute and deliver to the other the Patent Proceeds
Assignment in the form attached hereto as Exhibit
“C”.

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    9.           Counterparts.  This
Patent Assignment may be executed in any number of counterparts, and each
counterpart hereof shall be deemed to be an original instrument, but all such
counterparts shall constitute but one agreement.

    

    10.           Descriptive
Headings.  The descriptive headings of this Patent Assignment
are inserted for convenience only and shall not be deemed to affect the meaning
or construction of any of the provisions hereof.

    

    11.           Governing
Law.  The terms of this Patent Assignment shall be construed
and enforced under the laws of the State of Texas, without regard to principles
of conflicts of laws.

    

    12.           Binding
Effect.  This Patent Assignment, and all the terms and
provisions hereof, shall be binding upon and shall inure to the benefit of
Assignor and Assignee, and their respective successors and assigns, as the case
may be.

    

    

    [REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

    

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    

    

    IN WITNESS WHEREOF, this
Assignment Agreement has been duly executed and delivered as of the date first
above written.

     

    

    
      	 
      	
              ASSIGNOR:

            
	 
      	 
      
	 
      	
              CALYPSO
      WIRELESS, INC.,

            
	 
      	
              a
      Delaware corporation

            
	 
      	 
      
	 
      	
              By:
      /s/ Cheryl L.
      Dotson                                 
      

            
	 
      	
              Name:
      Cheryl L.
      Dotson                                  
      

            
	 
      	
              Title:
      CFO &
      Director                                       
      

            
	 
      	 
      
	 
      	
              Date:
      April 4,
    2008

            
	 
      	 
      
	 
      	 
      
	 
      	
              ASSIGNEE:

            
	 
      	 
      
	 
      	
              JIMMY
      WILLIAMSON, P.C.

            
	 
      	
              a
      Texas professional corporation

            
	 
      	 
      
	 
      	
              By:
      /s/ Jimmy
      Williamson                                

            
	 
      	
              Jimmy
      Williamson, President

            
	 
      	 
      
	 
      	/s/
      Drago
      Daic                                                    
      
	 
      	
              DRAGO
      DAIC

            

    

    

     

     

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    
 

    
      	
              STATE
      OF _______

            	
              §

            
	 
      	
              §  ss.

            
	
              COUNTY
      OF _____

            	
              §

            

    

    

    

    BEFORE ME, the undersigned authority,
on this _____ day of ______________, 2008, personally appeared ______________________,
the _______________________ of Calypso Wireless, Inc., a Delaware corporation,
known to me to be the person and officer whose name is subscribed to the
foregoing instrument and acknowledged to me that he executed the same of his own
free will for the purposes and consideration therein expressed and on behalf of
said corporation.

    

    

    
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              _____________________________________

            
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Signature
      of Notary

            

    

    [Seal]

    

    

    
      	
              STATE
      OF TEXAS

            	
              §

            
	 
      	
              §  ss.

            
	
              COUNTY
      OF HARRIS

            	
              §

            

    

    

    

    BEFORE ME, the undersigned authority,
on this 3 day of April,
2008, personally appeared Jimmy Williamson, President of Jimmy Williamson, P.C.,
a Texas professional corporation, known to me to be the person and officer whose
name is subscribed to the foregoing instrument and acknowledged to me that he
executed the same of his own free will for the purposes and consideration
therein expressed and on behalf of said corporation.

    

    
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              /s/
      Marsha L. Page               
      

            
	 
      	 
      	 
      	 
      	 
      	 
      	 
      	
              Signature
      of Notary

            

    

    [Seal]

    

    

    
      	
              STATE
      OF TEXAS

            	
              §

            
	 
      	
              §  ss.

            
	
              COUNTY
      OF HARRIS

            	
              §

            

    

    

    Before
me, a notary public, on this 2
day of April,
2008,  personally appeared Drago Daic, known to me to be the person
whose name is subscribed to the foregoing document and, being by me first duly
sworn, declared that the statements therein contained are true and
correct.

    
      	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	
              /s/ Kathleen A. Rushlow       
      

            
	 
      	 
      	 
      	 
      	 
      	 
      	
              Notary
      Public, in and for the State of
Texas

            

    

    [Seal]

     

     

    
      
        
        

      

      
        9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00141-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00141-of-00352.parquet"}]]