Document:

Exhibit 10.15

PATENT LICENSE AGREEMENT

This Patent License Agreement (this “Agreement”) is
entered into as of May 15, 2006 (the “Effective Date”) by and between
Collaboration Properties, Inc., a Nevada corporation, having offices at 555
Twin Dolphin Drive, Redwood Shores, California 94065 (“CPI”),
Avistar Communications Corporation, a Delaware corporation, having offices at
555 Twin Dolphin Drive, Redwood Shores, California 94065 (“AVISTAR”), Sony
Corporation, a Japanese corporation, having offices at 6-7-35 Kitashinagawa,
Shinagawa-ku, Tokyo 141-0001, Japan,  (“SONY”)
and Sony Computer Entertainment, Inc, a Japanese corporation having offices at 2-6-21
Minami-Aoyama, Minato-ku, Tokyo 107-0062 Japan, (“SCEI”). SONY and SCEI
and CPI and AVISTAR are each jointly a “Party” and collectively the “Parties.”

RECITALS

WHEREAS, CPI is the owner of the Licensed Patents and
is willing to grant a nonexclusive license under the Licensed Patents to SONY
and its Affiliates under the terms and conditions set forth herein; and

WHEREAS, SONY and its Affiliates desire a nonexclusive
license under the Licensed Patents subject to the terms and conditions set
forth herein.

NOW, THEREFORE, in consideration of the mutual
covenants, agreements and undertakings set forth herein, the parties agree as
follows:

1.             Definitions

The following capitalized
terms used in this Agreement shall have the following meanings.  The use of singular shall include the plural
and vice versa, where appropriate:

1.1                                 “Affiliate”
shall mean a Person that is under Control of SONY including, without
limitation, SCEI and the affiliates of SCEI under the Control of SCEI.

1.2                                 “Building Local
Exchange Carrier System” shall mean a multi-tenant building video
networking system that provides building-internal video networks and services
in office towers, industrial parks, hotels, and apartment complexes. Such a
system may include access to broadband carriers, building-internal switches,
building internal video storage servers, and building-internal multipoint
control units.  

1.3                                  “Control”
shall mean the ownership, directly or indirectly, of at least fifty percent
(50%) of the voting securities or other ownership interest of a Person or, with
respect to a limited partnership or other similar Person, its general partner or
controlling Person.  A Person shall be an
Affiliate only so long as such control exists.

1.4                                 “Data-Protocol
Transmission Carrier System” shall mean a digital transmission system
utilizing data communications protocols as replacements for telephony time-division
transmission formats.

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

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1.5                                 “Disputes”
shall mean any action, dispute, claim or controversy of any kind, including,
without limitation, issues of patent infringement and claim coverage, whether
in contract or tort, statutory or common law, legal or equitable, now existing
or hereafter arising under or in connection with, or in any way pertaining to,
this Agreement.

1.6                                 “Instant Messaging
System” shall mean system that provides instant messaging call initiation,
login-based call routing, and presence indication. Such a system may be
implemented in hardware, software, or a combination thereof.

1.7                                 “Licensed Patents”
shall mean all patents and patent applications and any patents issuing therefrom
worldwide that have or are entitled to the benefit of a filing date on or
before January 1, 2006 that are owned or licensable by CPI without the bona
fide payment of royalties or other consideration to an unaffiliated third
party, including but not limited to, the patents listed on Appendix A hereto.

1.8                                 “Licensed Products”
shall mean any products of SONY and its Affiliates which are sold by SONY or
its Affiliates which are covered directly or indirectly by one or more claims
of the Licensed Patents which, absent the license granted to SONY and its
Affiliates hereunder, would directly or indirectly infringe a claim of any of
the Licensed Patents.  [***] the [***],
[***] to the [***] that they are [***] Video Conferencing Systems made, used,
sold, offered for sale, imported or otherwise distributed by SONY or its
Affiliates, [***] shall [***], [***] or [***], [***], [***], [***], [***], and
[***].  Licensed Products shall not mean
any third party software bundled or used with laptop personal computers with an
integrated camera.

1.9                                 “Metropolitan Area
Network System” shall mean a networking system that provides interbuilding
communications and services in a local geographical region utilizing cable
plant. Such a system may include a multimedia central office, access to
broadband carriers, switches, multiplexers, routers, video storage servers, and
multipoint control units.

1.10                           “Person” shall mean
an individual, corporation, partnership, association, trust, incorporated
organization, governmental authority, other entity or group (as defined in
Section 13(d)(3) of the Exchange Act of 1934, as amended as of the Effective
Date).

1.11                           “PlayStation Products”
shall mean [***] to be marketed as
PLAYSTATION [***] and [***] that
incorporate software that enables a Video Conferencing System and which are
covered directly or indirectly by one or more claims of the Licensed Patents
which, absent the license granted to SONY and its Affiliates hereunder, would
directly or indirectly infringe a claim of any of the Licensed Patents.

1.12                           “Video Conferencing
System” shall mean a system having two or more endpoints, each endpoint
designed to work with other endpoints through network or other connections to
implement a two-way video and audio conference. Such a system comprises a
support for active use of a network connection, video and audio codec
functions, a processor for implementing at least connection control functions,
and may be implemented in hardware, software, or a combination thereof. Such a
system may additionally comprise one or more video monitors, video cameras,
audio microphones, audio speakers, audio echo cancellation capabilities,
network interfaces utilizing unshielded twisted pair network cabling, graphical
user interface capabilities, directories or databases of user information,
directories or databases of the capabilities of remote equipment,

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

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                                                multi-point
capabilities, and data conferencing capabilities. Such a system may be
implemented in a manner conducive to desktop operation, meeting room operation,
or both.

1.13                           “Video Call Management
System” shall mean a system designed to work with Video Conferencing
Systems through network connections or other equipment to initiate a video and
audio conference with two or more participants. Such a system comprises at
least connection control functions, and may be implemented in hardware,
software, or a combination thereof. Such a system may additionally comprise one
or more of graphical user interface capabilities, remote disconnect
capabilities, remote hold capabilities, directories or databases of user
information, directories or databases of the capabilities of remote equipment.
Such a system may be implemented as a component of a Video Conferencing System.

1.14                           “Video Storage or
Playback System” shall mean a system comprising video answering functions,
video conference recording, video-on-demand, video presentation applications
that include synchronized text or graphics, storage area networks supporting
video, and video storage servers. Such a system may be implemented in hardware,
software, or a combination thereof.

1.15                           “Voice Over Internet
Protocol System” shall mean two-way voice telephony communications
utilizing data communications protocols.

2.                                      Grant of Rights

2.1                                 License Grant.  Subject to the terms of this Agreement and
the payment pursuant to Section 4 below, CPI grants to SONY and its Affiliates
including, without limitation, SCEI and the affiliates of SCEI under the
Control of SCEI a world wide, non-exclusive, license under the Licensed Patents
to make, have made use, import, offer to sell, sell, lease, license, or
otherwise transfer (whether directly or through resellers or distributors) or
export Licensed Products.

2.2                                 No
[***] Rights.  Except as may be
expressly set forth in this Agreement, SONY or any of its Affiliates shall have
[***] to grant any third party any [***] or [***] under the Licensed Patents [***]
the [***] prior [***] of [***].   [***] the
[***], SONY and its Affiliates [***] personal, [***] with no [***] to [***] further
[***] under the Licensed Patents [***] as [***] be [***] for the [***] and [***]
of or [***] to, but [***] any [***] of, the [***] by [***] thereof and without
any [***] to [***] or [***] the [***] with any item or product (hardware or
software) [***] a [***].

2.3                                 No Other Rights.  CPI reserves all rights not expressly granted
to SONY and its Affiliates in this Agreement. 
Without limiting the generality of the foregoing sentence,  no
right or license is granted herein under any intellectual property (including
under any patent, copyrights, trademarks, mask work rights, or trade secret
rights) of CPI or any other Person, other than under the Licensed Patents.

3.             Additional Rights

3.1                                 [***] by [***].  [***] grants to [***] and its Affiliates a
personal and non-transferable [***] [***] or [***] any [***] or other [***] for
[***].

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

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                                                of
the [***] against [***] and its Affiliates and its and their respective
hardware manufacturers, distributors, customers and users, mediate and
immediate for any and all [***] of [***] for selling, bundling or using third
party software in association with products made by or for [***] and its [***].  [***] specifically [***] its right to [***]
its [***] and other [***] the [***] and [***] of such [***] party [***].

3.2                                 CPI
and AVISTAR Release for Infringement. Subject to the payment set forth in
Section 4.1, CPI and AVISTAR, individually and on behalf of each of their affiliates
and subsidiaries, as releasors, irrevocably releases SONY, its Affiliates which
are Affiliates as of the Effective Date and its and their respective
distributors, customers and users, mediate and intermediate, from any and all
claims of (i) infringement of CPI’s Licensed Patents which claims are based on
acts, which, had they been performed after the Effective Date would have been
licensed under this Agreement and (ii) for all past and future claims of
infringement, whether known or unknown, for 
any product other than the Licensed Products that has been offered for
sale by SONY or its Affiliates on or before the Effective Date, and any [***] to
the [***] that [***] and [***] already [***] by [***] or its Affiliates [***] offered
[***] on or [***] the [***]. CPI and AVISTAR specifically reserve the right to
assert its patents and other rights against third party suppliers of hardware
and software employed in such products 
AVISTAR, on behalf of itself and its affiliates, agrees [***] to [***] an
[***] or [***] the [***] of [***] and its [***] anytime [***] to [***].  However, SONY, on behalf of itself and its Affiliates
agrees that any [***] that [***] or its [***] would have
[***] to [***] they [***] against [***] or its [***]
on
the [***] shall be [***], and [***] or its [***] will [***]
any [***]
as
being [***] in any [***] or other [***] to [***].

3.3                                 SONY
Release for Infringement.  SONY, as
releasor, on behalf of itself and its Affiliates, which are Affiliates as of
the Effective Date, irrevocably releases AVISTAR, and its affiliates which are
under its Control as of the Effective Date and its and their respective
distributors, customers and users from any and all claims for all past and
future claims of patent infringement, whether known or unknown, under [***] for
any Video Conferencing System product that has been offered for sale by AVISTAR
or by such affiliates on or before the Effective Date;.  SONY specifically reserves the right to assert
its patents and other rights against third party suppliers of hardware and
software employed in such products,. SONY, on behalf of itself and its
Affiliates as of the Effective Date, represents and warrants that it has no
knowledge of any infringement of patents owned or licensable by SONY or its
Affiliates by products offered for sale by AVISTAR or such affiliates on or
before the Effective Date, except for those patents that are essential to
standardized technology included in such products such as, for example, video
and audio codecs, and that it has no present intent to initiate an infringement
suit or other action against AVISTAR or any of its affiliates for any products
offered for sale by AVISTAR or such affiliates on or before the Effective Date.
SONY, on behalf of itself and its Affiliates, agrees [***] to [***] an [***] or
[***] the [***] of [***] and its [***] anytime [***] to [***], except under
those patents that are essential to standardized technology included in such
products.  However, AVISTAR, on behalf of itself and
its affiliates agrees that any [***] that [***] or its [***] would
have [***] to [***] they [***] against [***] or its [***] on the [***] shall be [***] [***], and [***] or its [***] will [***] any [***] as being [***] of [***] in any [***] or other [***] to [***].

3.4                                 Other
Transactions.  CPI may assign,
convey, sell, lease, encumber, license, sublicense or otherwise transfer to a
third party any and all of the Licensed Patents provided that any such

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

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                                                transaction
is made subject to all rights and licenses of SONY and its Affiliates arising
from this Agreement and shall not impose any additional obligations on SONY or
any of its Affiliates. To the extent that any of the Licensed Patents are
assigned, conveyed, sold, leased, encumbered, licensed, sublicensed or
otherwise transferred to a third party by CPI or a successor in interest, such
third party shall agree that it will stand in the stead of CPI, or any
successor in interest, with regard to the covenant not to sue granted in
Section 3.1 and the release granted in Section 3.2.

4.             Payments

4.1                                 License Payments.  In partial consideration of the licenses,
releases and other rights granted to SONY and its Affiliates under this
Agreement, SONY shall pay to CPI five million United States dollars
($5,000,000). Such payment shall be made within twenty (20) days after the
receipt of any required documents under the amended US/Japan Tax Treaty (“Convention
between the Government of Japan and the Government of the United States of
America for the Avoidance of Double Taxation and the Prevention of Fiscal
Evasion with Respect to Taxes on Income”) or the Effective Date whichever
occurs later by electronic funds transfer to an account specified in by CPI
below.  SCEI, shall also pay a royalty of
[***] for each [***], [***], [***], sold, [***] or otherwise [***] by SCEI, its
Affiliates, SONY and other SONY Affiliates in the United States, [***], [***],
[***], [***], and [***]. However, only one royalty shall ever be payable on any
one particular unit of [***].  Further, [***]
shall only be [***] based upon [***] in any [***] identified [***] for [***] as
there [***] an [***], [***] Licensed Patent in [***].

                Banking Information for
CPI:

[***]

[***]

[***]

[***]

                                                4.1(a)      On [***] of every calendar year during the
term of this Agreement, [***] shall send a notice to [***], at the address
noted in Section 10.4, providing an [***] of its then [***] and [***],
identified by [***], that it [***] may be [***] by [***].

4.2                                 [***]
Unit Reporting.  During the Term of
this Agreement, SCEI shall furnish to CPI a written [***] report within [***]
after [***] and [***] of each calendar year showing, on a country-by-country
basis the number of [***] for which royalties are due during the reporting
period and the royalties payable in U.S. dollars which shall have accrued
hereunder in respect of such sales. If no royalty is due for any royalty
period, SCEI shall so report. The report will be certified in writing as
accurate by an authorized responsible employee of SCEI. The receipt or
acceptance by CPI of any royalty report or royalty payment shall not prevent
CPI from subsequently challenging the validity or accuracy of such report or
payment but solely if such challenge is made within [***] of the date [***] or [***]
was 

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

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                                                [***]
by [***]. The above report shall be regarded as SCEI’s highly confidential
information and CPI agrees that it shall not disclose it to any third party or
to use it for any purpose other than determining whether SCEI has complied with
its obligations under, and enforcing the terms of, this Agreement, and CPI
agrees to protect such confidential information at least to the same extent it
protects its own similar highly confidential information.

4.3                                 Royalty
Payments. Royalties shown to be due by a royalty report shall be paid by
SCEI with the issuance of such royalty report. 
Payments of royalties will be made in U.S. Dollars, by wire transfer to
an account specified in writing by CPI. 
Payments not received when due shall accrue interest from the due date
at the lesser of (a) [***] per month, or (b) the maximum interest rate
permitted by applicable laws.   The
foregoing accrual of, and obligation to pay, interest shall not affect CPI’s
right to terminate this Agreement in accordance with Section 8 below.

4.4                                 Audit
Rights. Upon at least [***] prior written notice by CPI, SCEI shall permit
a certified, independent public accountant selected by CPI to have access
during normal business hours, at SCEI’s premises, to such of the records of
SCEI as may be reasonably necessary to verify the accuracy of the royalty
reports hereunder. CPI may make such requests not more than [***] in any
calendar year and such requests may not include any periods outside of [***] prior
to the date of the audit. In the event such accountant concludes that
additional royalties are owed or royalties were overpaid during the audit
period, the additional royalty or overpaid amount shall be paid or reimbursed,
respectively, within [***] of the date CPI delivers to SCEI the accountant’s
written report so concluding, together with interest calculated in the manner
provided by Section 4.3. CPI shall deliver the accountant’s report to SCEI
within [***] of receipt. The fees charged by such accountant shall be paid by
CPI unless the audit discloses that the royalties payable by SCEI for the
audited period are at least [***] more than the royalties actually paid for the
audit period, in which case SCEI shall pay all reasonable fees and expenses
charged by the accountant.

4.5                                 Taxes.  No withholding taxes shall be deducted from
any payments if CPI has timely provided all documents to SCEI and SONY that are
required to avoid withholding taxes being deducted from the payments prior to
such payment being made, including a US Resident Certificate issued by the
United States Internal Revenue Service to the Owner, that are required under
the amended US/Japan Tax Treaty (“Convention between the Government of Japan
and the Government of the United States of America for the Avoidance of Double
Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income”).

5.                                                                                      Warranties
and Representations

5.1                                 General.
Each Party represents and warrants to the other Party as of the Effective Date
that:

(a)           it is a corporation duly organized,
validly existing and in good standing under the laws of its place of
organization;

(b)            it has the authority to (i) enter
into this Agreement, (ii) extend the rights, licenses and sublicenses granted
to the other Party under this Agreement, and (iii) undertake and fully perform
its obligations under this Agreement;

(c)            it is not subject to a petition for
relief under any bankruptcy legislation, it has not made an assignment for the
benefit of creditors, it is not subject to the appointment of a receiver for
all

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

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or a substantial
part of its assets, and it is not contemplating taking any of the foregoing
actions; and

(d)            all necessary consents, approvals
and authorizations of all regulatory and governmental authorities and other
Persons required to be obtained by it in connection with (i) the execution and
delivery of this Agreement, (ii) its granting of rights and licenses hereunder,
and (iii) the performance of its obligations hereunder have been obtained.

5.2                                 [***]
of [***].  [***] in this Agreement
shall be [***] (i) as a [***] or [***] by CPI as to the [***], [***] or [***]
of any of the [***] of the [***], (ii) as a [***] or [***] by [***] or its [***]
as to the [***], [***] or [***] of any of the [***] of [***] [***] and [***],
or (iii) as a [***] or [***] that any [***], or anything else made, used, sold,
imported or otherwise disposed of under the license grant of Section 2 [***],
or [***], [***] from [***] of any [***], [***], trade secrets, trademarks, or
any other intellectual property or proprietary rights of [***].

5.3                                 No
Obligations. CPI shall have no obligation hereunder to institute any action
or suit against any Person for infringement of any of the Licensed Patents or
to defend any action or suit brought by a Person which challenges or concerns
the validity of any of the Licensed Patents. SONY and its Affiliates shall have
no right to institute any action or suit against Persons for infringement of
any of the Licensed Patents. CPI is not required to file any patent
application, or to secure any patent or patent rights, or to maintain any
patent in force.  SONY or its Affiliates
shall have no obligation hereunder to institute any action or suit against any
Person for infringement of [***] or [***] or to defend any action or suit
brought by a Person which challenges or concerns the validity of [***] or [***].
CPI and its Affiliates shall have no right to institute any action or suit
against Persons for infringement of [***] and [***]. SONY or its Affiliates are
not required to file any patent application, or to secure any patent or patent
rights, or to maintain any patent in force.

5.4                                 Patent
Rights.  AVISTAR represents and
warrants that it has, either directly or through third parties, assigned all
ownership rights, including the right to grant licenses, in any patents related
to any aspect of video conferencing or Video Conferencing Systems that have
been filed or owned by or assigned to AVISTAR at any time prior to the
Effective Date  to CPI.

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

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6.             Bankruptcy

All licenses and releases granted to a Party and its
Affiliates under this Agreement are deemed to be, for the purpose of Section
365(n) of the U.S. Bankruptcy Code, licenses of rights to intellectual property
as defined under Section 101 of the U.S. Bankruptcy Code, as amended.  The Parties
agree that any Party who is a licensee or beneficiary of such rights under this
Agreement, shall retain and may exercise all of its rights and elections underthe U.S. Bankruptcy Code, as amended.  To the extent that similar protections of its
rights are available to the Parties and Affiliates in foreign jurisdictions,
the Parties agree that they shall be entitled to retain and exercise all such
rights.

7.             Disputes

It is the intent
of the Parties and subject to the termination provisions of this Agreement,
that disputes be resolved expeditiously, amicably and at the level within each
Party’s organization that is most knowledgeable about the disputed issue. As a
result, the Parties agree that all disputes arising under this Agreement will
be resolved by the procedure outlined in this Section 6:

7.1                                 The
complaining Party will notify the other Party in writing of the dispute, and
the non-complaining Party will exercise good faith efforts to resolve the
matter as expeditiously as possible.

7.2
                              In
the event that such matter remains unresolved thirty (30) days after the
delivery of the complaining Party’s written notice, a senior representative of
each Party will meet or participate in a telephone conference call within five
(5) business days, or as soon as practicable but no later than thirty (30)
days, of a request for such a meeting or conference call by either Party to
resolve the Dispute.

7.3                                 If
the Parties are unable to reach a resolution of the dispute after following the
above procedure, any Dispute will be resolved exclusively by binding
arbitration in accordance with the terms of this Section 7.

7.4
                              Any arbitration proceedings shall be
confidential, and shall be held in San Francisco, California before three
arbitrators (the “Arbitration Agreement”). 
The arbitration shall be administered by JAMS pursuant to its
Comprehensive Arbitration Rules and Procedures (Streamlined Arbitration Rules
and Procedures).  The decisions of the
arbitrators shall be binding and conclusive upon all Parties involved and
judgment on the award may be entered in any court having jurisdiction.  This clause shall not preclude the Parties
from seeking provisional remedies in aid of arbitration from a court of
appropriate jurisdiction.  The Parties
agree that they shall share equally the cost of the arbitration filing and
hearing fees, and the cost of the arbitrator. 
Each Party must bear its own attorney’s fees and associated costs and
expenses.  This Arbitration Agreement
shall survive (i) termination or changes in the Agreement and (ii) the
bankruptcy of any Party.  Furthermore,
this Arbitration Agreement shall be binding on the Parties’ respective
successors and assigns.  If any portion
of this Arbitration Agreement is deemed invalid or unenforceable, the remaining
portions shall nevertheless remain in force.

7.5
                              Arbitrators
must be active members of the Bar of a U.S. state or retired judges of the
state or federal courts, with expertise in the substantive laws, including
patent law and licensing law,

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

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                                                applicable
to the subject matter of the dispute. Any dispute will be decided by majority
vote of a panel of three arbitrators; provided however, that all three
arbitrators must actively participate in all hearings. Notwithstanding anything
herein to the contrary, the arbitrators will be required to make specific,
written findings of fact and conclusions of law.

7.6                                 To
the maximum extent practicable, JAMS, the arbitrators and the Parties will take
all action required to conclude any arbitration proceeding within one hundred
and eighty (180) days of the filing of the dispute with JAMS. No arbitrator or
other party to an arbitration proceeding may disclose the existence, content or
results thereof, except for disclosures of information by a Party required in
the ordinary course of its business or by applicable law or regulation.

8.             Termination

8.1                                 Term.  Subject only to the provisions of Sections
8.2 and 8.3 below, the term of this Agreement shall commence upon the Effective
Date and terminate on the date on which the last of the Licensed Patents
expires (the “Term”).  Upon any
termination or expiration of this Agreement, SONY shall be required to pay CPI
for royalties due under this Agreement up through the effective date of
termination or expiration, in accordance with the payment schedules set forth
herein. The provisions of Sections 1, 3.2, 3.3, 4.4, 4.5, 5, 6, 7, 9 and 10
shall survive any termination or expiration of this Agreement.

8.2           Material Breach. If a Party:

(a) materially breaches this Agreement in a manner that cannot be
cured;

(b) materially breaches this Agreement in a manner that can be cured
and such breach remains uncured for thirty (30) days following written notice
of breach by the other Party.

8.3                                 Termination
by the Non-Breaching Party.  In the
event of a Material Breach, as defined by Section 8.2, the non-breaching Party
may terminate this Agreement thirty (30) days following written notice to the
breaching Party.

8.4                                 Termination by
Mutual Agreement.  Nothing contained
herein shall serve to prevent or be interpreted as preventing the Parties from
mutually agreeing at any time to the termination of this Agreement in whole or
in part, without penalties or with reduced penalties, with the consequences of
such termination to be agreed to by the Parties

9.             Assignment

9.1                                 By CPI. CPI may
assign any or all of its rights under this Agreement to any Person who agrees
in writing to be bound to the terms and conditions of this Agreement upon
notice to SONY and SCEI. CPI agrees that any assignment of any of the Licensed
Patents shall be made subject to the terms and conditions of this Agreement.

9.2                                 Binding upon
Assignees.  This Agreement shall be
binding upon, and inure to the benefit of, the legal representatives,
successors and permitted assigns of the Parties. Any attempt to assign or
delegate all or any portion of this Agreement in violation of this Section 8
shall be void.

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to Rule 24-b-2
promulgated under the Securities Exchange Act of 1934, as amended, and the
omitted portions represented by [***] have been separately filed with the
Securities and Exchange Commission.

 

 9
 

 

 

10.          General Provisions

10.1                           Expenses of the Parties.  Each Party shall pay its own expenses
incurred in connection with the negotiation, execution and performance of this
Agreement.

10.2                           Waiver.  No term or provision hereof will be
considered waived by either Party, and no breach excused by either Party,
unless such waiver or consent is in writing and signed by an authorized
representative on behalf of the Party against whom the waiver is asserted.  No consent by either Party to, or waiver of,
a breach by either Party, whether express or implied, will constitute a consent
to, waiver of, or excuse of any other different or subsequent breach by either
Party.

10.3                           Amendment and
Modification.  This Agreement may be
amended, modified and/or supplemented only by means of a written amendment,
signed by the authorized representatives of the Parties, which specifically
refers to this Agreement.

10.4                           Notices.  Any notice to any Party hereto given pursuant
to this Agreement shall be in writing and given by reputable overnight courier
having an established tracking capability addressed as follows:

if to CPI:                                                 [***]

                                                                [***]

                                                                [***]

if to SONY:                                             [***]

                                                                [***]

                                                                [***]

                                                                 [***]

if to SCEI                                               [***]

                                                                [***]

                                                                [***]

                                                                [***]

if to AVISTAR                                      [***]

                                                                [***]

                                                                [***]

Any notice shall be deemed delivered when placed for delivery so addressed with
charges prepaid. A Party may change its address for notice by written notice to
the other Party.

10.5                           Governing
Law and Venue.  This Agreement is
made and shall be construed in accordance with and any arbitration under
Section 7 will be governed by the laws of the State of California, without
regard to the conflict of laws provisions thereof.  This Agreement shall be subject to the
exclusive jurisdiction of any Federal court or, in the absence of Federal
jurisdiction, any State court sitting within the geographic boundaries of the
Northern District of California,

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

 10
 

 

 

10.6                           Headings.  Headings are supplied herein for convenience
only and shall not be deemed a part of this Agreement for any purpose.

10.7                           Counterparts.  This Agreement may be executed in any number
of counterparts, each of which shall be deemed an original for all purposes,
but all of which together shall constitute one and the same instrument.

10.8                           Severability.  If any term or provision of this Agreement or
the application thereof to any person or circumstances shall to any extent be
invalid or unenforceable, the remainder of this Agreement or the application of
such terms or provisions to persons or circumstances other than those as to
which it is invalid or unenforceable, shall not be affected thereby and each
term and provision of this Agreement shall be valid and enforceable to the
fullest extent permitted by law.

10.9                           Confidentiality.  Except as may be required by law or
regulations, neither Party shall disclose any of the terms, conditions or other
provisions of this Agreement without the prior written consent of the other
Party. In the event of such required disclosure, the disclosing Party shall
provide advance notice to the other Party and take all reasonable steps to
obtain a protective order or confidential treatment for this Agreement.

10.10                     Press Release. SONY agrees
that CPI may make a press release announcement in the form of Appendix B,
attached hereto after the execution of this Agreement.  No other press release regarding this
Agreement is permitted by either Party without prior written approval of the
other Party.

10.11                     Consequential
Damages.  IN NO EVENT WILL EITHER
PARTY BE LIABLE FOR LOST PROFITS, OR ANY SPECIAL, INDIRECT, INCIDENTAL OR
CONSEQUENTIAL OR EXEMPLARY DAMAGES, HOWEVER CAUSED AND ON ANY THEORY OF
LIABILITY, ARISING IN ANY WAY IN CONNECTION WITH THIS AGREEMENT.  THIS LIMITATION WILL APPLY EVEN IF A PARTY
HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES AND NOT WITHSTANDING ANY
FAILURE OF ESSENTIAL PURPOSE OF ANY LIMITED REMEDY.

10.12                     Parties
Advised by Counsel. This Agreement has been negotiated between unrelated
Parties who are sophisticated and knowledgeable in the matters contained in
this Agreement arid who have acted in their own self interest. In addition,
each Party has been represented by legal counsel. This Agreement shall not be
interpreted or construed against any Party to this Agreement because that Party
or any attorney or representative for that Party drafted or participated in the
drafting of this Agreement.

10.13                     Compliance.
The Parties shall comply with all national, state and local laws (including
regulations, orders and ordinances) now or hereafter enacted, of any
jurisdiction in which performance occurs or may occur hereunder. Without
limitation, each Party hereby acknowledges that the rights and obligations of
this Agreement are subject to the laws and regulations of the United States
relating to the export of products and technical information, and it shall
comply with all such laws and regulations.

10.14                     Entire Agreement and Facsimile
Execution.  This Agreement comprises
the entire agreement between the Parties hereto as to the subject matter hereof
and supersedes all prior discussions, 

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

 11
 

 

 

                                                agreements
and understandings, written or oral, between them relating thereto.  This Agreement may be executed in
counterparts and via facsimile and such counterparts shall be treated as an

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

 12
 

 

 

original or when signed, via facsimile, by both Parties; nevertheless,
any one of the Parties may require the follow-up exchange of originals in
hardcopy by so requesting in writing within five (5) days of counterpart or
facsimile execution.

IN WITNESS WHEREOF, the Parties hereto have caused
this Agreement to be signed below by their respective duly authorized
representatives.

	
  COLLABORATION PROPERTIES, INC.

  	
   

  	
  SONY CORPORATION

  	 

	
   

  	
   

  	
   

  	 

	
  By:

  	
   

  	
  [***]

  	
   

  	
  By:

  	
   

  	
  [***]

  
	
  Name: 

  	
   

  	
  [***]

  	
   

  	
  Name:

  	
   

  	
  [***]

  
	
  Title:

  	
   

  	
  [***]

  	
   

  	
  Title:

  	
   

  	
  [***]

  
	
  Date:

  	
   

  	
  6/30/06

  	
   

  	
  Date:

  	
   

  	
  7/14/06

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  AVISTAR COMMUNICATIONS
  CORPORATION

  	
   

  	
  SONY COMPUTER ENTERTAINMENT,
  INC

  	 

	
   

  	
   

  	
   

  	 

	
  By:

  	
   

  	
  [***]

  	
   

  	
  By:

  	
   

  	
  [***]

  
	
  Name:

  	
   

  	
  [***]

  	
   

  	
  Name:

  	
   

  	
  [***]

  
	
  Title:

  	
   

  	
  [***]

  	
   

  	
  Title:

  	
   

  	
  [***]

  
	
  Date:

  	
   

  	
  7/3/06

  	
   

  	
  Date:

  	
   

  	
  7/14/06

  
								

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

 13
 

 

 

Appendix
A

 

	
  Ref. No.

  	
   

  	
  Patent

  Number

  	
   

  	
  Title of the
  Invention

  
	
  1

  	
   

  	
  [***]

  	
   

  	
  [***]

  
	
  2

  	
   

  	
  [***]

  	
   

  	
  [***]

  
	
  3

  	
   

  	
  [***]

  	
   

  	
  [***]

  
	
  4

  	
   

  	
  [***]

  	
   

  	
  [***]

  
	
  5

  	
   

  	
  [***]

  	
   

  	
  [***]

  
	
  6

  	
   

  	
  [***]

  	
   

  	
  [***]

  
	
  7

  	
   

  	
  [***]

  	
   

  	
  [***]

  
	
  8

  	
   

  	
  [***]

  	
   

  	
  [***]

  
	
  9

  	
   

  	
  [***]

  	
   

  	
  [***]

  
	
  10

  	
   

  	
  [***]

  	
   

  	
  [***]

  
	
  11

  	
   

  	
  [***]

  	
   

  	
  [***]

  

 

[***]  Portions of this exhibit have been omitted
pursuant to a request for confidential treatment filed pursuant to
Rule 24-b-2 promulgated under the Securities Exchange Act of 1934, as
amended, and the omitted portions represented by [***] have been separately
filed with the Securities and Exchange Commission.

 

 

 

 14Exhibit 10.1.4

Exhibit A

SCHEDULE OF PARTNERS,

ALLOCATION OF PARTNERSHIP UNITS, PERCENTAGE INTERESTS

AND THE AGREED UPON VALUE OF NON-CASH INTERCOMPANY ADVANCES

 

	
  Date Admitted

  	
   

  	
  Name and address of partners

  	
   

  	
  Value of

  non-cash

  intercompany

  advance

  	
   

  	
  Partnership

  units issued

  	
   

  	
  Approx.

  Percentage

  Interests

  	
   

  	
  Federal ID #

  
	
  02/04/1997

  	
   

  	
  GTA LP, Inc. 14 North Adger’s Wharf Charleston, SC
  29401

  	
   

  	
  $

  	
   

  	
  7,302,479

  	
   

  	
  99.31

  	
  %

  	
  58-2290326

  
	
  02/04/1997

  	
   

  	
  GTA GP, Inc. 14 North Adger’s Wharf Charleston, SC
  29401

  	
   

  	
  $

  	
   

  	
  14,684

  	
   

  	
  0.20

  	
  %

  	
  58-2290217

  
	
  Total Common OP Units

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  7,317,163

  	
   

  	
  100.00

  	
  %

  	
   

  
	
   

  	
   

  	
  GTA LP, Inc. 10 North Adger’s Wharf Charleston, SC
  29401

  	
   

  	
  $

  	
  20,000,000

  	
   

  	
  800,000

  	
   

  	
  100

  	
  %

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00113-of-00352.parquet"}]]