Document:

Exhibit 10.4

 

SECOND AMENDMENT TO INTELLECTUAL PROPERTY AGREEMENT

 

This Second Amendment to the Intellectual Property Agreement (the “Second Amendment”) is entered into as of March 29, 2013, and amends that certain Intellectual Property Agreement dated August 10, 2009  (as subsequently amended, the “Agreement”) by and between OCWEN FINANCIAL CORPORATION a corporation organized under the laws of the State of Florida (“OCWEN” or together with its Affiliates “OCWEN Group”), and ALTISOURCE SOLUTIONS S.À R.L., a limited liability company organized under the laws of the Grand Duchy of Luxembourg (“ALTISOURCE” or together with its Affiliates “ALTISOURCE Group”).

 

Recitals

 

WHEREAS, in addition to the Agreement, OCWEN and ALTISOURCE have also entered into a Services Agreement, a Technology Products Services Agreement, and a Data Center and Disaster Recovery Services Agreement, each dated as of the Effective Date and the Support Services Agreement dated August 10, 2009 (collectively, the “Services Agreements”), by which ALTISOURCE agreed to provide various Services to OCWEN (as defined in the respective Services Agreements); and

 

WHEREAS, in conjunction with the Services Agreements, the Agreement governs the licensing of the Licensed Intellectual Property (as therein defined);

 

WHEREAS, OCWEN and ALTISOURCE have since entered into the First Amendment to the Intellectual Property Agreement (the “First Amendment”), whereby the parties agreed to amend Section 6 of the Agreement (Term and Renewal) in order to extend the term of the Agreement; and

 

WHEREAS, now the parties desire to amend the term of the Agreement along with other provisions of the Agreement.

 

Agreement

 

NOW, THEREFORE, in consideration of the mutual covenants made herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

 

1.                                      Amendment to Section 6, Term and Renewal, of the Agreement.  Section 6, Term and Renewal, of the Agreement is hereby deleted in its entirety and restated as follows:

 

“6. Term and Renewal.

 

(a)                                 Initial Term. This Agreement shall commence on the Effective Date and shall extend until August 31, 2025 (the “Initial Term”), or the earlier date upon which this Agreement has been otherwise terminated in accordance with the terms hereof.

 

(b)                                 Renewal Term. Subject to the provisions of Sections 2(b) and 9, this Agreement will survive for the Initial Term and will automatically renew for four (4) two (2) year increments following the Initial Term (each a “Renewal Term”); provided that (a) each Party has fully complied with its obligations under this Agreement and has maintained a performance standard acceptable to the other Party during the prior term and (b) the Agreement has not been terminated.”

 

2.                                      Amendment to Schedule I and Schedule II to the Agreement.  Schedule I (Altisource Intellectual Property) and Schedule II (Licensed Intellectual Property) to the Agreement are hereby

 

1

 

deleted in their entirety and replaced with the version of Schedule I and Schedule II attached to this Second Amendment, and incorporated herein by this reference.  For avoidance of doubt, the effective date of any grant of rights as to the Intellectual Property identified in Schedule I and Schedule II caused by or resulting from the Agreement shall be (a) the effective date of the Agreement for all Intellectual Property that was listed in Schedule I and Schedule II to the Agreement prior to any amendment thereto, (b) the effective date of the First Amendment for all Intellectual Property that was listed in Schedule I and Schedule II to the First Amendment but not listed in Schedule I and Schedule II to the Agreement, and (c) the effective date of this Second Amendment for all Intellectual Property that is listed in Schedule I and Schedule II to this Second Amendment but not listed in Schedule I and Schedule II to the Agreement or the First Amendment. For avoidance of doubt, any grant of rights caused by or resulting from the Agreement as to an Intellectual Property asset identified in Schedule I or Schedule II that is a pending application shall apply to any Intellectual Property asset that ultimately registers, issues, or otherwise grants from such pending application.

 

3.                                      Documentation of Assignments.  To effectuate the assignment of the Intellectual Property not previously part of Schedule I to the Agreement or Schedule I to the First Amendment, which is added to Schedule I of the Agreement via this Second Amendment, OCWEN (whether through itself or through its Affiliates) will execute assignments in form substantially similar to those attached hereto as Exhibit A.1-A.3.

 

4.                                Execution.  This Second Amendment may be signed in counterparts with the same effect as if both parties had signed one and the same document. This Second Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed an original, but all of which shall together constitute one and the same agreement. Counterparts shall become effective when counterparts have been signed by each of the parties and delivered to the other parties; it being understood that all parties need not sign the same counterpart. This Second Amendment and its counterparts may be executed by providing an electronic signature under the terms of the Electronic Signatures Act, 15 U.S.C. § 7001 et seq., and may not be denied legal effect solely because it is in electronic form or permits the completion of the business transaction referenced herein electronically instead of in person.

 

5.                                Agreement in Full Force and Effect as Amended.  The terms and conditions of this Second Amendment shall prevail over any conflicting terms and conditions in the Agreement. Capitalized terms that are used in this Second Amendment not otherwise defined herein shall have the meanings ascribed to them in the Agreement. Except as specifically amended or waived hereby, all of the terms and conditions of the Agreement shall remain in full force and effect. All references to the Agreement in any other document or instrument shall be deemed to mean the Agreement as amended by this Second Amendment. The parties hereto agree to be bound by the terms and obligations of the Agreement, as amended by this Second Amendment, as though the terms and obligations of the Agreement were set forth herein.

 

[The Remainder of this Page has been Intentionally Left Blank]

 

2

 

IN WITNESS WHEREOF, the parties have caused this Second Amendment to be executed as of the date first written above by their duly authorized representatives.

 

	
 
    	
OCWEN   FINANCIAL CORPORATION
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By   
    	
/s/   John Britti
    
	
 
    	
 
    	
Name:   
    	
John   Britti
    
	
 
    	
 
    	
Title:
    	
Executive   Vice President & CFO
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
ALTISOURCE SOLUTIONS S.À R.L.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By   
    	
/s/   William B. Shepro
    
	
 
    	
 
    	
Name:   
    	
William   B. Shepro
    
	
 
    	
 
    	
Title:
    	
Manager
    

 

3

 

SCHEDULE I

ALTISOURCE INTELLECTUAL PROPERTY

 

Part A to Schedule I of Intellectual Property Agreement:

Patents

 

Patents

Issued

 

	
U.S. PTO Patent No.
    	
 
    	
Issue Date
    	
 
    	
Title
    	
 
    	
Inventors
    
	
7,412,418
    	
 
    	
8/12/2008
    	
 
    	
Expense   Tracking, Electronic Ordering, Invoice Presentment, and Payment System   and Method
    	
 
    	
William   C. Erbey, Russell Bulman, Robert J. Leist, Mary Edgecomb, Donald Vetal,   Armand Bonola, Stephanie Hudson, Jeffrey Neufeld, Debra Toussaint-Blackman,   Rosemary Weaver, Sandra Blum, Federico Bucspun
    

 

Pending

 

	
Ser. No.
    	
 
    	
Filing Date
    	
 
    	
Title
    	
 
    	
Inventors
    
	
U.S.   10/918,699
    	
 
    	
8/16/2004
    	
 
    	
Method   and System for Providing Customer Relations Information
    	
 
    	
William   C. Erbey, Scott Paul Conradson
    
	
U.S.   10/937,879
    	
 
    	
9/10/2004
    	
 
    	
Method   and System for Vendor Management
    	
 
    	
Ralph   J. Behmoiras 

William   C. Erbey 

Arthur   J. Castner 

Christopher   Kennedy 

Keith   S. Reno
    
	
U.S.   09/512,845
    	
 
    	
2/25/2000
    	
 
    	
Method   for Workflow Processing Through Computer Network
    	
 
    	
Ravi   Ramanathan 

Edmund   M. Johnson 

Michael   A. Graves
    
	
U.S.   10/408,079
    	
 
    	
4/4/2003
    	
 
    	
Method   and Apparatus for Providing Selective Access to Information
    	
 
    	
Scott   William Anderson
    
	
U.S.   10/102,104
    	
 
    	
3/19/2002
    	
 
    	
Management   and Reporting System and Process for Use with Multiple Disparate Database
    	
 
    	
Christopher   M. Ruby 

Chase   N. Tessman 

Michael   R. Langolf
    
	
U.S.   10/957,689
    	
 
    	
10/5/2004
    	
 
    	
Management   and Reporting System and Process for Use with Multiple Disparate Database
    	
 
    	
Christopher   M. Ruby 

Chase   N. Tessman 

Michael   R. Langolf
    
	
U.S.   11/141,209
    	
 
    	
6/1/2005
    	
 
    	
Call   Center Services System and method
    	
 
    	
Dale   Pickford
    
	
U.S.   11/301,247
    	
 
    	
12/13/2005
    	
 
    	
Product   Optimizer
    	
 
    	
Christopher   Kennedy 

William   Erbey 

Bryan   Hurley
    
	
U.S.   11/727,225
    	
 
    	
4/4/2003
    	
 
    	
Method   and Apparatus for Providing Selective Access to Information
    	
 
    	
Scott   William Anderson
    
	
U.S.   11/803,306
    	
 
    	
5/22/2006
    	
 
    	
Method   and system for Loan Closing
    	
 
    	
William   Erbey 

Christopher   Kennedy 

Bryan   Hurley
    

 

4

 

	
U.S.   11/802,308
    	
 
    	
5/22/2007
    	
 
    	
Method   And System For Exchange
    	
 
    	
William   Erbey 

Christopher   Kennedy 

Bryan   Hurley 

Andrew   Combs
    
	
U.S.   12/111,714
    	
 
    	
04/29/2008   (parent filing 12/08/2003)
    	
 
    	
Expense   Tracking, Electronic Ordering, Invoice Presentment, and Payment System   and Method
    	
 
    	
William   C. Erbey 

Russell   Bulman 

Robert   J. Leist 

Mary   Edgecomb 

Donald   Vetal 

Armand   Bonola 

Stephanie   Hudson 

Jeffrey   Neufeld 

Debra   Toussaint-Blackman

Rosemary   Weaver 

Sandra   Blum 

Federico   Bucspun
    
	
U.S.   12/335,196
    	
 
    	
12/15/2008
    	
 
    	
Vendor   Assurance
    	
 
    	
Christopher   Kennedy 

Bryan   Hurley
    
	
U.S.   12/731,888
    	
 
    	
3/25/2010
    	
 
    	
Method   and System for Collections Optimization
    	
 
    	
William   C. Erbey 

Ron   Faris 

Ashish   Pandey 

Amanjeet   Saluja 

Deepak   Dhayanithy 

Saurav   Chawla 

Seth   Carter
    
	
U.S.   12/334,168
    	
 
    	
12/12/2008
    	
 
    	
METHODS   AND SYSTEMS FOR NETWORK LOAN MARKETING
    	
 
    	
Christopher   Kennedy
    
	
U.S.   12/404,958
    	
 
    	
3/16/2009
    	
 
    	
EXPENSE   TRACKING, ELECTRONIC ORDERING, INVOICE PRESENTMENT, AND PAYMENT SYSTEM   AND METHOD
    	
 
    	
Russell   Bulman; 

Sandra   Blum
    
	
U.S.   60/163,228
    	
 
    	
3/25/2009
    	
 
    	
APPARATUS   AND METHOD FOR MODELING LOAN ATTRIBUTES
    	
 
    	
SALUJA,   Amanjeet; 

GUPTA,   Ankush;

DHAYANITHY,   Deepak;

GUGLANI,   Raman;
    
	
IN   2743 MUM 2008
    	
 
    	
12/31/2008
    	
 
    	
Method   and System for Collections Optimization
    	
 
    	
William   C. Erbey 

Ron   Faris 

Ashish   Pandey 

Amanjeet   Saluja 

Deepak   Dhayanithy 

Saurav   Chawla 

Seth   Carter
    
	
IN   979 MUM 2009
    	
 
    	
4/15/2009
    	
 
    	
APPARATUS   AND METHOD FOR MODELING LOAN ATTRIBUTES
    	
 
    	
SALUJA,   Amanjeet; 

GUPTA,   Ankush;

DHAYANITHY,   Deepak;

GUGLANI,   Raman;
    

 

5

 

Part B to Schedule I of Intellectual Property Agreement:

Trademarks

 

Trademarks

Registered

 

	
Country
    	
 
    	
Trademark
    	
 
    	
Reg. No.
    	
 
    	
Class
    
	
European   Community
    	
 
    	
REALSynergy &   Design (Black & White)
    	
 
    	
6380951
    	
 
    	
09,   36, 38
    
	
European   Community
    	
 
    	
REALSynergy   Logo (Black & White)
    	
 
    	
6380943
    	
 
    	
09,   36, 38
    
	
European   Community
    	
 
    	
REALTRANS
    	
 
    	
1174531
    	
 
    	
38
    
	
European   Community
    	
 
    	
REALTRANS &   Arrow Design
    	
 
    	
1174515
    	
 
    	
38
    
	
European   Community
    	
 
    	
REALTRANS.COM
    	
 
    	
1174440
    	
 
    	
38
    
	
European   Community
    	
 
    	
WWW.REALTRANS.COM
    	
 
    	
1174473
    	
 
    	
38
    
	
Japan
    	
 
    	
REALSAMM
    	
 
    	
4690653
    	
 
    	
09
    
	
Switzerland
    	
 
    	
REALPORTAL
    	
 
    	
578928
    	
 
    	
09,   42
    
	
Switzerland
    	
 
    	
REALSAMM
    	
 
    	
578931
    	
 
    	
09
    
	
Switzerland
    	
 
    	
REALSERVICING
    	
 
    	
578930
    	
 
    	
09,   42
    
	
Switzerland
    	
 
    	
REALSynergy &   Design (Black & White)
    	
 
    	
569462
    	
 
    	
09
    
	
Switzerland
    	
 
    	
REALSynergy   Logo (Black & White)
    	
 
    	
569461
    	
 
    	
09
    
	
Switzerland
    	
 
    	
REALTRANS
    	
 
    	
578929
    	
 
    	
38
    
	
Taiwan
    	
 
    	
REALSAMM
    	
 
    	
092007306
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALPORTAL
    	
 
    	
3333964
    	
 
    	
09,   42
    
	
United   States of America
    	
 
    	
REALREMIT
    	
 
    	
3083245
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALREMIT
    	
 
    	
3283741
    	
 
    	
38
    
	
United   States of America
    	
 
    	
REALREMIT
    	
 
    	
3493927
    	
 
    	
35,   36
    
	
United   States of America
    	
 
    	
REALSAMM
    	
 
    	
2863435
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALSERVICING
    	
 
    	
2813709
    	
 
    	
09,   42
    
	
United   States of America
    	
 
    	
REALSYNERGY
    	
 
    	
2729544
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALSynergy &   Design (Black & White)
    	
 
    	
3481637
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALSynergy   Logo (Black & White)
    	
 
    	
3334360
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALTRANS
    	
 
    	
2470168
    	
 
    	
38
    
	
United   States of America
    	
 
    	
WE   MAKE YOUR LOANS WORTH MORE
    	
 
    	
3410572
    	
 
    	
35,   36
    
	
Benelux
    	
 
    	
ALTISOURCE*
    	
 
    	
1179382
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Benelux
    	
 
    	
ALTISOURCE   PORTFOLIO SOLUTIONS*
    	
 
    	
1179383
    	
 
    	
09,   35, 36, 38, 39, 42
    

 

Pending

 

	
Country
    	
 
    	
Mark
    	
 
    	
App. No.
    	
 
    	
Class
    
	
European   Community
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
8210155
    	
 
    	
09,   35, 36, 38, 42
    

 

6

 

	
European   Community
    	
 
    	
REALDOC
    	
 
    	
8216673
    	
 
    	
09,   39, 42
    
	
India
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
1804060
    	
 
    	
09,   35, 36, 38, 42
    
	
India
    	
 
    	
REALDOC
    	
 
    	
1807108
    	
 
    	
09,   39, 42
    
	
India
    	
 
    	
REALPORTAL
    	
 
    	
1701114
    	
 
    	
09,   42
    
	
India
    	
 
    	
REALREMIT
    	
 
    	
1701116
    	
 
    	
09,   35, 36, 38
    
	
India
    	
 
    	
REALSAMM
    	
 
    	
1701113
    	
 
    	
09
    
	
India
    	
 
    	
REALSERVICING
    	
 
    	
1701115
    	
 
    	
09,   42
    
	
India
    	
 
    	
REALSYNERGY
    	
 
    	
1701111
    	
 
    	
09
    
	
India
    	
 
    	
REALSynergy &   Design (Black & White)
    	
 
    	
1613797
    	
 
    	
09
    
	
India
    	
 
    	
REALSynergy   Logo (Black & White)
    	
 
    	
1613796
    	
 
    	
09
    
	
India
    	
 
    	
REALTRANS
    	
 
    	
1701112
    	
 
    	
38
    
	
Norway
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
 
    	
 
    	
09,   35, 36, 38, 42
    
	
Switzerland
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
 
    	
 
    	
09,   35, 36, 38, 42
    
	
Switzerland
    	
 
    	
REALDOC
    	
 
    	
506092009
    	
 
    	
09,   39, 42
    
	
Switzerland
    	
 
    	
REALREMIT
    	
 
    	
583202008
    	
 
    	
09,   35, 36, 38
    
	
Switzerland
    	
 
    	
REALSYNERGY
    	
 
    	
583182008
    	
 
    	
09
    
	
Turkey
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
 
    	
 
    	
09,   35, 36, 38, 42
    
	
United   States of America
    	
 
    	
REALDOC
    	
 
    	
77/596166
    	
 
    	
09,   39, 42
    
	
United   States of America
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
77/593386
    	
 
    	
09,   35, 36, 38, 42
    
	
United   States of America
    	
 
    	
BELTLINE   ROAD
    	
 
    	
85/595694
    	
 
    	
36
    
	
Uruguay
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
401.096
    	
 
    	
09,   35, 36, 38, 42
    
	
Benelux
    	
 
    	
ALTISOURCE   PORTFOLIO SOLUTIONS & Design*
    	
 
    	
1182601
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Canada
    	
 
    	
ALTISOURCE*
    	
 
    	
1437569
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Canada
    	
 
    	
ALTISOURCE   PORTFOLIO SOLUTIONS*
    	
 
    	
1437570
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
European   Community
    	
 
    	
ALTISOURCE*
    	
 
    	
8226177
    	
 
    	
09,   35, 36, 38, 39, 42, 45
    
	
European   Community
    	
 
    	
ALTISOURCE   PORTFOLIO SOLUTIONS*
    	
 
    	
8226185
    	
 
    	
09,   35, 36, 38, 39, 42, 45
    
	
India
    	
 
    	
ALTISOURCE*
    	
 
    	
Awaiting
    	
 
    	
09,   35, 36, 38, 39, 42
    

 

7

 

	
India
    	
 
    	
ALTISOURCE   PORTFOLIO SOLUTIONS*
    	
 
    	
Awaiting
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Mauritius
    	
 
    	
ALTISOURCE*
    	
 
    	
MUM0909355
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Mauritius
    	
 
    	
ALTISOURCE   PORTFOLIO SOLUTIONS*
    	
 
    	
MUM0909356
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Norway
    	
 
    	
ALTISOURCE*
    	
 
    	
200904134
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Norway
    	
 
    	
ALTISOURCE   PORTFOLIO SOLUTIONS*
    	
 
    	
200904135
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Switzerland
    	
 
    	
ALTISOURCE*
    	
 
    	
54711/2009
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Switzerland
    	
 
    	
ALTISOURCE   PORTFOLIO SOLUTIONS*
    	
 
    	
54708/2009
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Turkey
    	
 
    	
ALTISOURCE*
    	
 
    	
Awaiting
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Turkey
    	
 
    	
ALTISOURCE   PORTFOLIO SOLUTIONS*
    	
 
    	
Awaiting
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
United   States of America
    	
 
    	
ALTISOURCE*
    	
 
    	
77/726139
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
United   States of America
    	
 
    	
ALTISOURCE   PORTFOLIO SOLUTIONS*
    	
 
    	
77/726143
    	
 
    	
09,   35, 36, 38, 39, 42
    
	
Uruguay
    	
 
    	
ALTISOURCE*
    	
 
    	
401631
    	
 
    	
09,   35, 36, 38, 39, 42
    

 

* Denotes intellectual property that was owned by Altisource Portfolio Solutions S.A. (formerly known as Altisource Portfolio Solutions S.à r.l., formerly known as Ocwen Luxembourg S.à r.l.) prior to the Separation.

 

8

 

Part C to Schedule I of Intellectual Property Agreement:

 

Domain Names

 

Domain Names

 

alti-ltd.com

altiportfoliosolutions.com

alti-ps.com

altisource.ch

altisourcelimited.com

altisource-ltd.com

altisourceportfoliosolution.com

altisource-ps.com

altisource-pslimited.com

altisourceus.com

ora-rmsi.com

pmos-llc.com

premiumtitleservices.com

realportal.com

realremit.com

realsamm.biz

realsamm.com

realservicing.biz

realservicing.net

realtrans.biz

realtrans.com

realtrans.info

realtrans.net

synergysoftware.com

Alitsourcebid.com

Alitsourcebid.net

Alitsourcebid.org

Alitsourcebid.us

Alitsourcebid.biz

Altisourcebid.com

Altisourcebid.net

Altisourcebid.org

Altisourcebid.us

 

9

 

Altisourcebid.biz

Altisourcehomes.com

Altisourcehomes.net

Altisourcehomes.us

Altisourcehomes.org

Altisourcehomes.biz

Altisource-homes.com

Altisource-homes.net

Altisource-homes.us

Altisource-homes.org

Altisource-homes.biz

AltisourceHome.com

Altisourcehome.net

Altisourcehome.us

Altisourcehome.org

Altisourcehome.biz

altisource.eu

altisourceportfoliosolutions.eu

altisource.lu

altisourceportfoliosolutions.lu

altisourceportfoliosolutions.ch

altisource.in

altisourceportfoliosolutions.in

altisource.ca

altisourceportfoliosolutions.ca

altisource.com.mx

altisourceportfoliosolutions.com.mx

altisource.cn

altisourceportfoliosolutions.cn

altisource.tw

altisourceportfoliosolutions.tw

altisource.hk

altisourceportfoliosolutions.hk

altisource.co.nz

altisourceportfoliosolutions.co.nz

altisource.ru

altisourceportfoliosolutions.ru

 

10

 

altisource.net

altisourceportfoliosolutions.net

altisource.org

altisourceportfoliosolutions.org

altisourceportfoliosolution.com

globalservicingsolutions.com

powerdefault.com

powerdefault.net

powerdefaultservices.com

 

11

 

Part D to Schedule I of Intellectual Property Agreement:

 

Copyrights

 

Registered Copyrights

 

	
Title of Work
    	
 
    	
Registration No.
    	
 
    	
Registration Date
    
	
IMAP   software
    	
 
    	
TXu000999586
    	
 
    	
May 22,   2001
    

 

Unregistered Copyrights

 

	
Title of Material
    	
 
    	
Location
    
	
BROCHURES/GUIDES/PAPERS
    	
 
    	
 
    
	
Outsourcing   for Maximum Returns: Four rules for moving beyond cost cutting to   strategic market advantage
    	
 
    	
http://www.ocwenbusiness.com/BPO/bs_bpo.cfm#
    
	
Hybrid   Outsourcing Solutions: A case study on what one top loan originator did to   slash underwriting costs
    	
 
    	
http://www.ocwenbusiness.com/BPO/bs_bpo.cfm#
    
	
Mortgage   Industry Outsourcing Survey: What the Mortgage Industry Players Really Think
    	
 
    	
http://www.ocwenbusiness.com/BPO/bs_bpo.cfm#
    
	
Commercial   Outsourcing White Paper
    	
 
    	
http://www.ocwenbusiness.com/BPO/bs_resources.cfm
    
	
Monthly   newsletters
    	
 
    	
http://www.ocwenbusiness.com/
    
	
Your   Guide to Understanding Mortgage
    	
 
    	
http://www.ocwencustomers.com/documents/pdf/Servicing_Brochure.pdf
    
	
Money   Management 101
    	
 
    	
http://www.ocwencustomers.com/documents/pdf/UandM_Credit.pdf
    
	
Making   Timely Mortgage Payments
    	
 
    	
http://www.ocwencustomers.com/documents/pdf/Timely_Payments.pdf
    
	
Understanding   Your Credit Score
    	
 
    	
http://www.ocwencustomers.com/em_credit_score.cfm
    
	
Ocwen’s   15 Point Loan Servicing Customer Commitment Plan
    	
 
    	
http://www.ocwencustomers.com/cp_cc.cfm
    
	
Global   Servicing Solutions Canada Corp. Secures First Master Servicing Contract
    	
 
    	
http://www.globalservicingsolutions.com/Press/OCN-08-02f.pdf
    
	
Global   Servicing Solutions LLC Establishes Loan and Real Estate Servicing Office in   Canada
    	
 
    	
http://www.globalservicingsolutions.com/Press/ocn1118f.pdf
    
	
Global   Servicing Solutions Canada Corp. Receives S&P Commercial Mortgage   Servicer Rating
    	
 
    	
http://www.globalservicingsolutions.com/Press/ocn0223f.pdf
    
	
US   - Structured Finance Servicer Evaluation - Commercial Mortgage 
    	
 
    	
http://www.globalservicingsolutions.com/Press/OcwenV3.pdf
    

 

12

 

	
Servicer   : Ocwen
    	
 
    	
 
    
	
Ocwen   Live Wire Newsletters (June 2007 - October 2007)
    	
 
    	
http://www.ocwenbusiness.com/documents/doc/June_2007_Livewire.doc;
   http://www.ocwenbusiness.com/documents/doc/July_2007_Livewire.doc;
   http://www.ocwenbusiness.com/documents/doc/August_2007_Livewire.doc;
   http://www.ocwenbusiness.com/documents/doc/September_2007_Livewire.doc
   http://www.ocwenbusiness.com/documents/doc/October_2007_Livewire.doc
    
	
SOFTWARE
    	
 
    	
 
    
	
REALTrans
    	
 
    	
Ocwen-India
    
	
REALSAMM
    	
 
    	
Ocwen-India
    
	
REALSynergy
    	
 
    	
Ocwen-India
    
	
REALSynergy
    	
 
    	
Ocwen-India
    
	
REALPortal
    	
 
    	
Ocwen-India
    
	
REALRemit
    	
 
    	
Ocwen-India
    
	
REALServicing
    	
 
    	
Ocwen-India
    
	
REALResolution
    	
 
    	
Ocwen-India
    
	
REALDoc
    	
 
    	
Ocwen-India
    
	
CIS   (Customizable Imaging System)
    	
 
    	
Ocwen-India
    
	
WEBSITES
    	
 
    	
 
    
	
globalservicingsolutions.com
    	
 
    	
 
    
	
ora-rmsi.com
    	
 
    	
 
    
	
realportal.com
    	
 
    	
 
    
	
realtrans.com
    	
 
    	
 
    

 

13

 

Part E to Schedule I of Intellectual Property Agreement:

 

Trade Secrets

 

Trade Secrets

 

REALTrans

ORA Web Portal

REALB2B

REALRemit

REALSAMM

REALSynergy

REALPortal

REALServicing

REALResolution (including Loss Mitigation, Foreclosure, Bankruptcy, Eviction, Title Resolution, Mortgage Insurance, Accretion, Mortgage Insurance Reporting, LRM, HMP, REO)

REALDoc

CIS (Customizable Imaging System)

Collection Scripting System

ACCESS Collection System

Integrated Telephony Solution (includes IVR integration)

Customer Relationship Expert (CRE)

Property Manager

Appraisal Manager (part of REALTrans extension)

REALBid (Bid, Auction and Listing site)

Stage V Reporting database and data transformations

Integrations to Ocwen.com website from REAL applications

Matrix

Collateral Management System

PMO (Project Management Office)

SharePoint Repository

Integration of REAL applications with external applications

Full U.S. application based on 61/064,605 (00153) titled Expense Tracking, Electronic Ordering and Payment System and Method; inventors R. Bulman and S. Blum (due date for filing March 14, 2009)

Method and System for Collections Optimization (unfiled patent);

Pre-payment and Default Model (unfiled patent);

 

14

 

Housing Price Index Model

AVRM Model

Behavioral Sciences-Based Call Scripting

Strategic Tracking and Reporting Dashboard

Collector Effectiveness Model for Training and Personnel Selection

Account Scoring Model for Unsecured Collections

Segmentation Model for Unsecured Collections

Optimal Resolution Model for Unsecured Collections

ISAMS (Investor Services Asset Management System)

QA NVP

QA Challenges

IDR

Genesis (Mortgage Insurance Claims Tracking)

LOTT (Loan Onboarding and Tracking tool)

Time & Task Management System (TTS)

Quality (Voice) - TTS

Quality Sampling (Non Voice) - TTS

Operations Reporting (OST)

Attendance Management System

Leave Management

Associate Movement

Balanced Score Card One-To-One

Balanced Score Card Appraisal System

Attrition Risk Profiler

Associate Exit Application

Webcam Registration

BrainFizz

Homeward India - Intranet Site

Centralized Process Updates - Non-Voice

Centralized Process Updates - Voice

Process Knowledge Test - Non Voice

Process Knowledge Test - Voice

Business Process Management Training System (BPMS)

Professional Development Calendar

 

15

 

Sampark Online

TicketOne IT

TicketOne Facilities

Happiness Index

Leader Of the Quarter

Voice of Associates

Password Reset - Local Network

Locker Management System

Accounts Payable Voucher

Café Manager

Automated Billing System

Associate Information Module (AIM)

Power Valuation Services Valuation Review Product

Power Valuation Services Portfolio Review Product

Power Valuation Services Value Reconciliation Product

Power Valuation Services Forensic Review Product

Power Valuation Services Appraisal Review Product

Power Valuation Services Short Sale Review Product

Power Valuation Services Retro Review Product

Power Valuation Services REO Review Product

 

16

 

SCHEDULE II

LICENSED INTELLECTUAL PROPERTY

 

Part A to Schedule II of Intellectual Property Agreement:

Patents

 

Patents

Issued

 

	
U.S. PTO
   Patent No.
    	
 
    	
Issue Date
    	
 
    	
Title
    	
 
    	
Inventors
    
	
7,412,418
    	
 
    	
8/12/2008
    	
 
    	
Expense   Tracking, Electronic Ordering, Invoice Presentment, and Payment System   and Method
    	
 
    	
William   C. Erbey, Russell Bulman, Robert J. Leist, Mary Edgecomb, Donald Vetal,   Armand Bonola, Stephanie Hudson, Jeffrey Neufeld, Debra Toussaint-Blackman,   Rosemary Weaver, Sandra Blum, Federico Bucspun
    

 

Pending

 

	
Ser. No.
    	
 
    	
Filing   Date
    	
 
    	
Title
    	
 
    	
Inventors
    
	
U.S.   10/918,699
    	
 
    	
8/16/2004
    	
 
    	
Method   and System for Providing Customer Relations Information
    	
 
    	
William   C. Erbey, Scott Paul Conradson
    
	
U.S.   10/937,879
    	
 
    	
9/10/2004
    	
 
    	
Method   and System for Vendor Management
    	
 
    	
Ralph   J. Behmoiras

William   C. Erbey

Arthur   J. Castner

Christopher   Kennedy

Keith   S. Reno
    
	
U.S.   09/512,845
    	
 
    	
2/25/2000
    	
 
    	
Method   for Workflow Processing Through Computer Network
    	
 
    	
Ravi   Ramanathan

Edmund   M. Johnson

Michael   A. Graves
    
	
U.S.   10/408,079
    	
 
    	
4/4/2003
    	
 
    	
Method   and Apparatus for Providing Selective Access to Information
    	
 
    	
Scott   William Anderson
    
	
U.S.   10/102,104
    	
 
    	
3/19/2002
    	
 
    	
Management   and Reporting System and Process for Use with Multiple Disparate Database
    	
 
    	
Christopher   M. Ruby

Chase   N. Tessman

Michael   R. Langolf
    
	
U.S.   10/957,689
    	
 
    	
10/5/2004
    	
 
    	
Management   and Reporting System and Process for Use with Multiple Disparate Database
    	
 
    	
Christopher   M. Ruby

Chase   N. Tessman

Michael   R. Langolf
    
	
U.S.   11/141,209
    	
 
    	
6/1/2005
    	
 
    	
Call   Center Services System and method
    	
 
    	
Dale   Pickford
    
	
U.S.   11/301,247
    	
 
    	
12/13/2005
    	
 
    	
Product   Optimizer
    	
 
    	
Christopher   Kennedy

William   Erbey

Bryan   Hurley
    
	
U.S.   11/727,225
    	
 
    	
4/4/2003
    	
 
    	
Method   and Apparatus for Providing Selective Access to Information
    	
 
    	
Scott   William Anderson
    
	
U.S.   11/803,306
    	
 
    	
5/22/2006
    	
 
    	
Method   and system for Loan Closing
    	
 
    	
William   Erbey

Christopher   
    

 

17

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
Kennedy

Bryan   Hurley
    
	
U.S.   11/802,308
    	
 
    	
5/22/2007
    	
 
    	
Method   And System For Exchange
    	
 
    	
William   Erbey

Christopher   Kennedy

Bryan   Hurley

Andrew   Combs
    
	
U.S.   12/111,714
    	
 
    	
04/29/2008   (parent filing 12/08/2003)
    	
 
    	
Expense   Tracking, Electronic Ordering, Invoice Presentment, and Payment System   and Method
    	
 
    	
William   C. Erbey

Russell   Bulman

Robert   J. Leist

Mary   Edgecomb

Donald   Vetal

Armand   Bonola

Stephanie   Hudson

Jeffrey   Neufeld

Debra   Toussaint-Blackman

Rosemary   Weaver

Sandra   Blum

Federico   Bucspun
    
	
U.S.   12/335,196
    	
 
    	
12/15/2008
    	
 
    	
Vendor   Assurance
    	
 
    	
Christopher   Kennedy

Bryan   Hurley
    
	
U.S.   12/731,888
    	
 
    	
3/25/2010
    	
 
    	
Method   and System for Collections Optimization
    	
 
    	
William   C. Erbey

Ron   Faris

Ashish   Pandey

Amanjeet   Saluja

Deepak   Dhayanithy

Saurav   Chawla

Seth   Carter
    
	
U.S.   12/334,168
    	
 
    	
12/12/2008
    	
 
    	
METHODS   AND SYSTEMS FOR NETWORK LOAN MARKETING
    	
 
    	
Christopher   Kennedy
    
	
U.S.   12/404,958
    	
 
    	
3/16/2009
    	
 
    	
EXPENSE   TRACKING,ELECTRONIC ORDERING, INVOICE PRESENTMENT, AND PAYMENT SYSTEM   AND METHOD
    	
 
    	
Russell   Bulman; Sandra Blum
    
	
U.S.   60/163,228
    	
 
    	
3/25/2009
    	
 
    	
APPARATUS   AND METHOD FOR MODELING LOAN ATTRIBUTES
    	
 
    	
SALUJA,   Amanjeet;

GUPTA,   Ankush;

DHAYANITHY,   Deepak;

GUGLANI,   Raman;
    
	
IN   2743 MUM 2008
    	
 
    	
12/31/2008
    	
 
    	
Method   and System for Collections Optimization
    	
 
    	
William   C. Erbey

Ron   Faris

Ashish   Pandey

Amanjeet   Saluja

Deepak   Dhayanithy

Saurav   Chawla

Seth   Carter
    
	
IN   979 MUM 2009
    	
 
    	
4/15/2009
    	
 
    	
APPARATUS   AND METHOD FOR MODELING LOAN ATTRIBUTES
    	
 
    	
SALUJA,   Amanjeet;

GUPTA,   Ankush; DHAYANITHY,

Deepak;   GUGLANI, Raman;
    

 

18

 

Part B to Schedule II of Intellectual Property Agreement:

Trademarks

 

Trademarks

Registered

 

	
Country
    	
 
    	
Trademark
    	
 
    	
Reg. No.
    	
 
    	
Class
    
	
European   Community
    	
 
    	
REALSynergy &   Design (Black & White)
    	
 
    	
6380951
    	
 
    	
09,   36, 38
    
	
European   Community
    	
 
    	
REALSynergy   Logo (Black & White)
    	
 
    	
6380943
    	
 
    	
09,   36, 38
    
	
European   Community
    	
 
    	
REALTRANS
    	
 
    	
1174531
    	
 
    	
38
    
	
European   Community
    	
 
    	
REALTRANS &   Arrow Design
    	
 
    	
1174515
    	
 
    	
38
    
	
European   Community
    	
 
    	
REALTRANS.COM
    	
 
    	
1174440
    	
 
    	
38
    
	
European   Community
    	
 
    	
WWW.REALTRANS.COM
    	
 
    	
1174473
    	
 
    	
38
    
	
Japan
    	
 
    	
REALSAMM
    	
 
    	
4690653
    	
 
    	
09
    
	
Switzerland
    	
 
    	
REALPORTAL
    	
 
    	
578928
    	
 
    	
09,   42
    
	
Switzerland
    	
 
    	
REALSAMM
    	
 
    	
578931
    	
 
    	
09
    
	
Switzerland
    	
 
    	
REALSERVICING
    	
 
    	
578930
    	
 
    	
09,   42
    
	
Switzerland
    	
 
    	
REALSynergy &   Design (Black & White)
    	
 
    	
569462
    	
 
    	
09
    
	
Switzerland
    	
 
    	
REALSynergy   Logo (Black & White)
    	
 
    	
569461
    	
 
    	
09
    
	
Switzerland
    	
 
    	
REALTRANS
    	
 
    	
578929
    	
 
    	
38
    
	
Taiwan
    	
 
    	
REALSAMM
    	
 
    	
092007306
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALPORTAL
    	
 
    	
3333964
    	
 
    	
09,   42
    
	
United   States of America
    	
 
    	
REALREMIT
    	
 
    	
3083245
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALREMIT
    	
 
    	
3283741
    	
 
    	
38
    
	
United   States of America
    	
 
    	
REALREMIT
    	
 
    	
3493927
    	
 
    	
35,   36
    
	
United   States of America
    	
 
    	
REALSAMM
    	
 
    	
2863435
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALSERVICING
    	
 
    	
2813709
    	
 
    	
09,   42
    
	
United   States of America
    	
 
    	
REALSYNERGY
    	
 
    	
2729544
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALSynergy &   Design (Black & White)
    	
 
    	
3481637
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALSynergy   Logo (Black & White)
    	
 
    	
3334360
    	
 
    	
09
    
	
United   States of America
    	
 
    	
REALTRANS
    	
 
    	
2470168
    	
 
    	
38
    
	
United   States of America
    	
 
    	
WE   MAKE YOUR LOANS WORTH MORE
    	
 
    	
3410572
    	
 
    	
35,   36
    

 

Pending

 

	
Country
    	
 
    	
Mark
    	
 
    	
App.   No.
    	
 
    	
Class
    
	
European   Community
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
8210155
    	
 
    	
09,   35, 36, 38, 42
    
	
European   Community
    	
 
    	
REALDOC
    	
 
    	
8216673
    	
 
    	
09,   39, 42
    
	
India
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
1804060
    	
 
    	
09,   35, 36, 38, 42
    
	
India
    	
 
    	
REALDOC
    	
 
    	
1807108
    	
 
    	
09,   39, 42
    
	
India
    	
 
    	
REALPORTAL
    	
 
    	
1701114
    	
 
    	
09,   42
    

 

19

 

	
India
    	
 
    	
REALREMIT
    	
 
    	
1701116
    	
 
    	
09,   35, 36, 38
    
	
India
    	
 
    	
REALSAMM
    	
 
    	
1701113
    	
 
    	
09
    
	
India
    	
 
    	
REALSERVICING
    	
 
    	
1701115
    	
 
    	
09,   42
    
	
India
    	
 
    	
REALSYNERGY
    	
 
    	
1701111
    	
 
    	
09
    
	
India
    	
 
    	
REALSynergy &   Design (Black & White)
    	
 
    	
1613797
    	
 
    	
09
    
	
India
    	
 
    	
REALSynergy   Logo (Black & White)
    	
 
    	
1613796
    	
 
    	
09
    
	
India
    	
 
    	
REALTRANS
    	
 
    	
1701112
    	
 
    	
38
    
	
Norway
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
 
    	
 
    	
09,   35, 36, 38, 42
    
	
Switzerland
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
 
    	
 
    	
09,   35, 36, 38, 42
    
	
Switzerland
    	
 
    	
REALDOC
    	
 
    	
506092009
    	
 
    	
09,   39, 42
    
	
Switzerland
    	
 
    	
REALREMIT
    	
 
    	
583202008
    	
 
    	
09,   35, 36, 38
    
	
Switzerland
    	
 
    	
REALSYNERGY
    	
 
    	
583182008
    	
 
    	
09
    
	
Turkey
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
 
    	
 
    	
09,   35, 36, 38, 42
    
	
United   States of America
    	
 
    	
REALDOC
    	
 
    	
77/596166
    	
 
    	
09,   39, 42
    
	
United   States of America
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
77/593386
    	
 
    	
09,   35, 36, 38, 42
    
	
Uruguay
    	
 
    	
THINKING   AHEAD. DELIVERING TODAY.
    	
 
    	
401.096
    	
 
    	
09,   35, 36, 38, 42
    

 

	
Unregistered
   Trademarks
    	
 
    	
Location
    
	
RECOVER   MORE!
    	
 
    	
http://www.ocwenbusiness.com/nci.cfm#,
   http://www.ocwenbusiness.com/
    
	
CLOSE   MORE LOANS!
    	
 
    	
http://www.ocwenbusiness.com/bs_loanprocessing.cfm,
   http://www.ocwenbusiness.com/
    
	
 
    	
 
    	
 
    
	

    	
 
    	
http://www.globalservicingsolutions.com/
    
	
 
    	
 
    	
 
    
	
GLOBAL   SERVICING SOLUTIONS
    	
 
    	
http://www.globalservicingsolutions.com/
    
	
GLOBAL   EXPERIENCE . . . LOCAL EXPERTISE
    	
 
    	
http://www.globalservicingsolutions.com/
    
	
REALSynergyPLUS
    	
 
    	
http://www.globalservicingsolutions.com/technology.html
    
	
REALResolution
    	
 
    	
http://www.ocwenbusiness.com/documents/pdf/Moody_s.pdf
    

 

20

 

Part C to Schedule II of Intellectual Property Agreement:

 

Domain Names

 

Domain Names

 

ora-rmsi.com

pmos-llc.com

premiumtitleservices.com

realportal.com

realremit.com

realsamm.biz

realsamm.com

realservicing.biz

realservicing.net

realtrans.biz

realtrans.com

realtrans.info

realtrans.net

synergysoftware.com

 

21

 

Part D to Schedule II of Intellectual Property Agreement:

 

Copyrights

 

Registered Copyrights

 

	
Title of Work
    	
 
    	
Registration No.
    	
 
    	
Registration Date
    
	
IMAP   software
    	
 
    	
TXu000999586
    	
 
    	
May 22,   2001
    

 

Unregistered Copyrights

 

	
Title of Material
    	
 
    	
Location
    
	
BROCHURES/GUIDES/PAPERS
    	
 
    	
 
    
	
Outsourcing   for Maximum Returns: Four rules for moving beyond cost cutting to   strategic market advantage
    	
 
    	
http://www.ocwenbusiness.com/BPO/bs_bpo.cfm#
    
	
Hybrid   Outsourcing Solutions: A case study on what one top loan originator did to   slash underwriting costs
    	
 
    	
http://www.ocwenbusiness.com/BPO/bs_bpo.cfm#
    
	
Mortgage   Industry Outsourcing Survey: What the Mortgage Industry Players Really Think
    	
 
    	
http://www.ocwenbusiness.com/BPO/bs_bpo.cfm#
    
	
Commercial   Outsourcing White Paper
    	
 
    	
http://www.ocwenbusiness.com/BPO/bs_resources.cfm
    
	
Monthly   newsletters
    	
 
    	
http://www.ocwenbusiness.com/
    
	
Your   Guide to Understanding Mortgage
    	
 
    	
http://www.ocwencustomers.com/documents/pdf/Servicing_Brochure.pdf
    
	
Money   Management 101
    	
 
    	
http://www.ocwencustomers.com/documents/pdf/UandM_Credit.pdf
    
	
Making   Timely Mortgage Payments
    	
 
    	
http://www.ocwencustomers.com/documents/pdf/Timely_Payments.pdf
    
	
Understanding   Your Credit Score
    	
 
    	
http://www.ocwencustomers.com/em_credit_score.cfm
    
	
Ocwen’s   15 Point Loan Servicing Customer Commitment Plan
    	
 
    	
http://www.ocwencustomers.com/cp_cc.cfm
    
	
Global   Servicing Solutions Canada Corp. Secures First Master Servicing Contract
    	
 
    	
http://www.globalservicingsolutions.com/Press/OCN-08-02f.pdf
    
	
Global   Servicing Solutions LLC Establishes Loan and Real Estate Servicing Office in   Canada
    	
 
    	
http://www.globalservicingsolutions.com/Press/ocn1118f.pdf
    
	
Global   Servicing Solutions Canada Corp. Receives S&P Commercial Mortgage   Servicer Rating
    	
 
    	
http://www.globalservicingsolutions.com/Press/ocn0223f.pdf
    

 

22

 

	
US   - Structured Finance Servicer Evaluation - Commercial Mortgage Servicer :   Ocwen
    	
 
    	
http://www.globalservicingsolutions.com/Press/OcwenV3.pdf
    
	
Ocwen   Live Wire Newsletters (June 2007 - October 2007)
    	
 
    	
http://www.ocwenbusiness.com/documents/doc/June_2007_Livewire.doc;   http://www.ocwenbusiness.com/documents/doc/July_2007_Livewire.doc;   http://www.ocwenbusiness.com/documents/doc/August_2007_Livewire.doc;   http://www.ocwenbusiness.com/documents/doc/September_2007_Livewire.doc;   http://www.ocwenbusiness.com/documents/doc/October_2007_Livewire.doc
    
	
SOFTWARE
    	
 
    	
 
    
	
REALTrans
    	
 
    	
Ocwen-India
    
	
REALSAMM
    	
 
    	
Ocwen-India
    
	
REALSynergy
    	
 
    	
Ocwen-India
    
	
REALPortal
    	
 
    	
Ocwen-India
    
	
REALRemit
    	
 
    	
Ocwen-India
    
	
REALServicing
    	
 
    	
Ocwen-India
    
	
REALResolution
    	
 
    	
Ocwen-India
    
	
REALDoc
    	
 
    	
Ocwen-India
    
	
CIS   (Customizable Imaging System)
    	
 
    	
Ocwen-India
    
	
WEBSITES
    	
 
    	
 
    
	
globalservicingsolutions.com
    	
 
    	
 
    
	
ora-rmsi.com
    	
 
    	
 
    
	
realportal.com
    	
 
    	
 
    
	
realtrans.com
    	
 
    	
 
    

 

23

 

Part E to Schedule II of Intellectual Property Agreement:

 

Trade Secrets

 

Trade Secrets

 

REALTrans

ORA Web Portal

REALB2B

REALRemit

REALSAMM

REALSynergy

REALPortal

REALServicing

REALResolution (including Loss Mitigation, Foreclosure, Bankruptcy, Eviction, Title Resolution, Mortgage Insurance, Accretion, Mortgage Insurance Reporting, LRM, HMP, REO)

REALDoc

CIS (Customizable Imaging System)

Collection Scripting System

ACCESS Collection System

Integrated Telephony Solution (includes IVR integration)

Customer Relationship Expert (CRE)

Property Manager

Appraisal Manager (part of REALTrans extension)

REALBid (Bid, Auction and Listing site)

Stage V Reporting database and data transformations

Integrations to Ocwen.com website from REAL applications

Matrix

Collateral Management System

PMO (Project Management Office)

SharePoint Repository

Integration of REAL applications with external applications

Full U.S. application based on 61/064,605 (00153) titled Expense Tracking, Electronic Ordering and Payment System and Method; inventors R. Bulman and S. Blum (due date for filing March 14, 2009)

 

24

 

Method and System for Collections Optimization (unfiled patent);

Pre-payment and Default Model (unfiled patent);

Housing Price Index Model

AVRM Model

Behavioral Sciences-Based Call Scripting

Strategic Tracking and Reporting Dashboard

Collector Effectiveness Model for Training and Personnel Selection

Account Scoring Model for Unsecured Collections

Segmentation Model for Unsecured Collections

Optimal Resolution Model for Unsecured Collections

ISAMS (Investor Services Asset Management System)

QA NVP

QA Challenges

IDR

Genesis (Mortgage Insurance Claims Tracking)

LOTT (Loan Onboarding and Tracking tool)

Time & Task Management System (TTS)

Quality (Voice) - TTS

Quality Sampling (Non Voice) - TTS

Operations Reporting (OST)

Attendance Management System

Leave Management

Associate Movement

Balanced Score Card One-To-One

Balanced Score Card Appraisal System

Attrition Risk Profiler

Associate Exit Application

Webcam Registration

BrainFizz

Homeward India - Intranet Site

Centralized Process Updates - Non-Voice

Centralized Process Updates - Voice

Process Knowledge Test - Non Voice

 

25

 

Process Knowledge Test - Voice

Business Process Management Training System (BPMS)

Professional Development Calendar

Sampark Online

TicketOne IT

TicketOne Facilities

Happiness Index

Leader Of the Quarter

Voice of Associates

Password Reset - Local Network

Locker Management System

Accounts Payable Voucher

Café Manager

Automated Billing System

Associate Information Module (AIM)

Power Valuation Services Valuation Review Product

Power Valuation Services Portfolio Review Product

Power Valuation Services Value Reconciliation Product

Power Valuation Services Forensic Review Product

Power Valuation Services Appraisal Review Product

Power Valuation Services Short Sale Review Product

Power Valuation Services Retro Review Product

Power Valuation Services REO Review Product

 

26

 

EXHIBIT A.1 - INTENT TO USE TRADEMARK ASSIGNMENT

 

WHEREAS, HOMEWARD RESIDENTIAL, INC., a Delaware corporation, (“ASSIGNOR”), having a place of business at: 1525 S. Beltline Road, Coppell, Texas 75019, USA, is the owner of all right, title, and interest in and to the trademarks listed in Schedule 1 attached hereto (hereinafter the “Trademarks”); and

 

WHEREAS, BELTLINE ROAD INSURANCE AGENCY, INC., a Texas corporation, (“ASSIGNEE”), having a place of business at: 1525 S. Beltline Road, Coppell, Texas 75019, USA seeks to acquire all right, title, and interest in and to the Trademarks and the registrations and applications therefor, along with the ongoing business and the goodwill of the business pertaining thereto.

 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, ASSIGNOR does hereby assign to ASSIGNEE all right, title, and interest in and to the Trademarks, including all applications and registrations for the Trademarks, including the portion of the business to which the marks pertain, such business being ongoing and existing, together with the goodwill of the business symbolized by the Trademarks, and the right to sue for and collect all awards, proceeds, and compensation accruing for past infringements of the Trademarks. In furtherance hereof, ASSIGNOR hereby agrees to execute any and all additional documents to accomplish and/or record this Assignment.

 

IN WITNESS WHEREOF, the parties have caused this Intent To Use Trademark Assignment to be executed and effective as of March 29, 2013 by their duly authorized representatives.

 

 

	
 
    	
ASSIGNOR
    
	
 
    	
 
    
	
 
    	
By:   
    	
/s/   John Britti
    
	
 
    	
 
    	
Name:   John Britti
    
	
 
    	
 
    	
Title:   CFO
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
ASSIGNEE
    
	
 
    	
 
    	
 
    
	
 
    	
By:   
    	
/s/   Steve Massey
    
	
 
    	
 
    	
Name: Steve   Massey
    
	
 
    	
 
    	
Title:   President
    

 

27

 

SCHEDULE 1 TO EXHIBIT A.1 - INTENT TO USE TRADEMARK ASSIGNMENT

 

LISTING OF TRADEMARKS

 

	
Country
    	
 
    	
Trademark
    	
 
    	
App. No.
    	
 
    	
Class
    
	
United   States
    	
 
    	
BELTLINE   ROAD
    	
 
    	
85/595694
    	
 
    	
36
    

 

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EXHIBIT A.2 - DOMAIN NAME ASSIGNMENT

 

WHEREAS, HOMEWARD RESIDENTIAL, INC., a Delaware corporation, (“ASSIGNOR”), having a place of business at: 1525 S. Beltline Road, Coppell, Texas 75019, USA, is the owner of the domain names listed in Schedule 1 attached hereto (hereinafter the “Domain Names”);

 

WHEREAS, ASSIGNOR desires to transfer to ALTISOURCE SOLUTIONS, INC., a corporation organized under the laws of the state of Delaware (“ASSIGNEE”), having a place of business at: 2002 Summit Boulevard, Suite 600, Atlanta, Georgia 30319, all right, title, and interest in and to the Domain Names; and

 

WHEREAS, ASSIGNEE is desirous of acquiring said Domain Names.

 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, ASSIGNOR does hereby assign, transfer, and convey to ASSIGNEE all of ASSIGNOR’s right, title, and interest in and to the Domain Names.  In furtherance hereof, ASSIGNOR hereby agrees to execute any and all additional documents to accomplish this Assignment.

 

IN WITNESS WHEREOF, the parties have caused this Domain Name Assignment to be executed and effective as of March 29, 2013 by their duly authorized representatives.

 

 

	
 
    	
ASSIGNOR
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   John Britti
    
	
 
    	
 
    	
Name:   John Britti
    
	
 
    	
 
    	
Title:   CFO
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
ASSIGNEE
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   John Barrack
    
	
 
    	
 
    	
Name: John   Barrack
    
	
 
    	
 
    	
Title:   Treasurer
    

 

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SCHEDULE 1 TO EXHIBIT A.2 - DOMAIN NAME ASSIGNMENT

 

LISTING OF DOMAIN NAMES

 

POWERDEFAULT.COM

POWERDEFAULT.NET

POWERDEFAULTSERVICES.COM

 

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EXHIBIT A.3 -  TRADE SECRET ASSIGNMENT

 

WHEREAS, OCWEN FINANCIAL CORPORATION, a Florida corporation, (“ASSIGNOR”), having a place of business at: 1661 Worthington Road, Suite 100, West Palm Beach, FL 33409, USA, is the owner (whether directly or through its subsidiaries) of all right, title, and interest in and to certain confidential or proprietary processes, technology, know-how, inventions, internally developed software, and other information relating to the subject matter identified in Schedule 1 attached hereto (hereinafter the “Trade Secrets”);

 

WHEREAS, ASSIGNOR desires to transfer to ALTISOURCE SOLUTIONS S.À R.L., a société à responsabilité limitée organized under the laws of Luxembourg (“ASSIGNEE”), having a place of business at: 291 route d’Arlon, L-1150 Luxembourg, all right, title, and interest in and to the Trade Secrets; and

 

WHEREAS, ASSIGNEE is desirous of acquiring said right, title, and interest in and to the Trade Secrets.

 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, ASSIGNOR and ASSIGNEE hereby agree as follows:

 

1.              ASSIGNOR hereby warrants that ASSIGNOR owns all right, title, and interest in and to the Trade Secrets.

 

2.              ASSIGNOR hereby assigns to ASSIGNEE all right, title, and interest in and to the Trade Secrets.  For avoidance of doubt, such assignment shall include the following rights, of which ASSIGNOR shall retain none for itself:

 

a.              the sole right to bring suit and recover damages for past, present, and future infringement and/or misappropriation of the Trade Secrets;

b.              the sole right to use, sell, offer for sale, license, offer for license, improve upon, and file copyright and/or patent applications relating to the Trade Secrets;

c.               the sole right to any documentation describing or relating to the Trade Secrets; and

d.              the sole right to license, assign, or otherwise transfer any or all rights in the Trade Secrets to any third party.

 

3.              ASSIGNOR hereby warrants that, as of the effective date of this Trade Secret Assignment, ASSIGNOR shall:

 

a.              not intentionally retain any documentation describing or relating to the Trade Secrets;

b.              in the event any documentation describing or relating to the Trade Secrets is discovered within the possession, custody, or control of ASSIGNOR, immediately notify ASSIGNEE of such documentation and provide all copies of such documentation to ASSIGNEE;

c.               not use any information relating to the Trade Secrets without the express consent of ASSIGNEE;

d.              not derive any benefit from information relating to the Trade Secrets which may be within the knowledge of certain of ASSIGNOR’S (or its affiliates’) employees without the permission of ASSIGNEE;

 

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e.               provide reasonable access to any of ASSIGNOR’S (or its affiliates’) employees that possess knowledge necessary to derive value from the Trade Secrets so that ASSIGNEE may derive such value from the Trade Secrets;

f.                not disclose any information relating to the Trade Secrets to any third party; and

g.               not assert any claim of ownership to the Trade Secrets.

 

4.              ASSIGNOR and ASSIGNEE agree that the identification of Trade Secrets in Schedule 1 shall be interpreted to include all information reasonably related to each identified Trade Secret that is necessary to receive the commercial benefits associated with such Trade Secret.

 

IN WITNESS WHEREOF, the parties have caused this Trade Secret Assignment to be executed and effective as of March 29, 2013 by their duly authorized representatives.

 

 

	
 
    	
ASSIGNOR
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   John Britti
    
	
 
    	
 
    	
Name:   John Britti
    
	
 
    	
 
    	
Title:   Executive Vice President and CFO
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
ASSIGNEE
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/   William B. Shepro 
    
	
 
    	
 
    	
Name:  William   B. Shepro
    
	
 
    	
 
    	
Title:    Manager
    

 

32

 

SCHEDULE 1 TO EXHIBIT A.3 - TRADE SECRET ASSIGNMENT

 

LISTING OF TRADE SECRET SUBJECT MATTER

 

ISAMS (Investor Services Asset Management System)

QA NVP

QA Challenges

IDR

Genesis (Mortgage Insurance Claims Tracking)

LOTT (Loan Onboarding and Tracking tool)

Time & Task Management System (TTS)

Quality (Voice) - TTS

Quality Sampling (Non Voice) - TTS

Operations Reporting (OST)

Attendance Management System

Leave Management

Associate Movement

Balanced Score Card One-To-One

Balanced Score Card Appraisal System

Attrition Risk Profiler

Associate Exit Application

Webcam Registration

BrainFizz

Homeward India - Intranet Site

Centralized Process Updates - Non-Voice

Centralized Process Updates - Voice

Process Knowledge Test - Non Voice

Process Knowledge Test - Voice

Business Process Management Training System (BPMS)

Professional Development Calendar

Sampark Online

TicketOne IT

TicketOne Facilities

Happiness Index

 

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Leader Of the Quarter

Voice of Associates

Password Reset - Local Network

Locker Management System

Accounts Payable Voucher

Café Manager

Automated Billing System

Associate Information Module (AIM)

Power Valuation Services Valuation Review Product

Power Valuation Services Portfolio Review Product

Power Valuation Services Value Reconciliation Product

Power Valuation Services Forensic Review Product

Power Valuation Services Appraisal Review Product

Power Valuation Services Short Sale Review Product

Power Valuation Services Retro Review Product

Power Valuation Services REO Review Product

 

34Exhibit 10.5

 

FIRST AMENDMENT TO SERVICES AGREEMENT

 

This First Amendment to the Services Agreement (the “First Amendment”) is entered into as of March 29, 2012, and amends that certain Services Agreement dated October 1, 2012 (the “Agreement”) by and between OCWEN MORTGAGE SERVICING, INC., a corporation organized under the laws of the United States Virgin Islands (“OCWEN” or together with its Affiliates “OCWEN Group”), and ALTISOURCE SOLUTIONS S.À R.L., a limited liability company organized under the laws of the Grand Duchy of Luxembourg (“ALTISOURCE” or together with its Affiliates “ALTISOURCE Group”).

 

Recitals

 

WHEREAS, pursuant to the Agreement, Ocwen engaged Altisource to provide, certain Services, subject to the terms and conditions therein established;

 

WHEREAS, pursuant to Section 5(a) of the Agreement, ALTISOURCE was to provide certain services to OCWEN, for an initial term commencing on October 1, 2012, through August 31, 2020;

 

WHEREAS, on March 29, 2013, Altisource acquired certain fee-based businesses and assets related to Ocwen’s acquisition of Homeward Residential Holdings, Inc. mortgage servicing and origination business platform (the “Homeward Platform”); and

 

WHEREAS, now the parties desire to amend the term of the Agreement along with other provisions related to the Services.

 

Agreement

 

NOW, THEREFORE, in consideration of the mutual covenants made herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:

 

1.                                      Amendment to Section 3, Standard of Performance, to the Agreement.  Section 3, Standard of Performance, of the Agreement is hereby deleted in its entirety and restated as follows:

 

“3. Standard of Performance; Marketing and Promotion; and Noncompete.

 

(a)                                 Standard of Performance. The Providing Party shall use commercially reasonable efforts to provide, or cause to be provided, to the Customer Party and its Group, each Service with such quality standards, service level requirements, specifications, and acceptance criteria identified in the Services Letter or the respective SOW (including any “Critical Performance Standards,” as identified in any therein) (the “Performance Standard”), unless otherwise specified in this Agreement, in the Services Letter or in any SOW. Notwithstanding the foregoing, no Providing Party shall have any obligation hereunder to provide to any Customer Party any improvements, upgrades, updates, substitutions, modifications, or enhancements to any of the Services unless otherwise specified in the Services Letter or applicable SOW. The Customer Party acknowledges and agrees that the Providing Party may be providing services similar to the Services provided hereunder and/or services that involve the same resources as those used to provide the Services to it and its Affiliates’ business units and other third parties.

 

1

 

(b)                                 Marketing and Promotion. Unless expressly stated otherwise in this Agreement, the Services Letter or any applicable SOW, the Providing Party will be the provider of Services, to Customer Party, to the extent Providing Party currently is, or in the future becomes, capable of providing such Services, and Customer Party shall promote Providing Party’s Services and encourage its third party relationships, which shall include, but not be limited to, mortgage retail originators, correspondent lenders, and secondary market sellers, to engage Providing Party for the provision of Services offered by Providing Party. To the extent that the Customer Party directs or has control over the selection of the service provider of Services as it relates to the Homeward Platform, Customer Party shall require its third party relationships to use Providing Party for those Services that Providing Party provides to the Homeward Platform. To the extent that the Customer Party does not direct or have control over the selection of the service provider of Services, Customer Party shall encourage its third party relationships to use Providing Party for those Services that Providing Party provides.

 

(c)                                  Noncompete.  During the term of the Services Agreement, Providing Party shall be the exclusive provider of Services to Customer Party with respect to the Services that Providing Party provides to the Homeward Platform, which Services shall include, but not be limited to, default management, mortgage charged-off and deficiency collection services, technology-related services, valuation services, property preservation and inspection services, real estate owned sales services, trustee services, title services, due diligence services, mortgage fulfillment services, and underwriting services.  In furtherance of the foregoing, during the term of the Services Agreement, Customer Party agrees not to establish, on its own or with the assistance of third parties, fee-based businesses that would directly or indirectly compete with the provision of Services by Providing Party to Customer Party with respect to the Homeward Platform.”

 

2.                                      Amendment to Section 5, Term, to the Agreement.  Section 5, Term, of the Agreement is hereby deleted in its entirety and restated as follows:

 

“5. Term.

 

(a)                                 Initial Term. The initial term shall commence on the date of the Agreement and shall continue in full force and effect, subject to Section 5(b), until August 31, 2025 (the “Initial Term”), or the earlier date upon which this Agreement has been otherwise terminated in accordance with the terms hereof.

 

(b)                                 Renewal Term. At the end of the Initial Term, this Agreement shall automatically renew for successive two (2) year terms (each a “Renewal Term”), executed not less than six (9) months prior to the expiration of the Initial Term or any Renewal Term, as applicable.

 

(c)                                  In the event either party decides that it does not wish to renew this Agreement or any particular Service or SOW hereunder before the expiration of the Term or any Renewal Term, as applicable, such party shall so notify the other party in writing of its intent to terminate this Agreement, at least nine (9) months before the completion of the Initial Term any or Renewal Term, as applicable.”

 

3.                                      Amendment to Schedule I to the Agreement.  Schedule I to the Agreement is hereby deleted in its entirety and replaced with the version of Schedule I attached to this First Amendment and incorporated herein by this reference.

 

2

 

4.                                Counterparts.  This First Amendment may be signed in counterparts with the same effect as if both parties had signed one and the same document. This First Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed an original, but all of which shall together constitute one and the same agreement. Counterparts shall become effective when counterparts have been signed by each of the parties and delivered to the other parties; it being understood that all parties need not sign the same counterpart. This First Amendment and its counterparts may be executed by providing an electronic signature under the terms of the Electronic Signatures Act, 15 U.S.C. § 7001 et seq., and may not be denied legal effect solely because it is in electronic form or permits the completion of the business transaction referenced herein electronically instead of in person.

 

5.                                Agreement in Full Force and Effect as Amended.  The terms and conditions of this First Amendment shall prevail over any conflicting terms and conditions in the Agreement. Capitalized terms that are used in this First Amendment not otherwise defined herein shall have the meanings ascribed to them in the Agreement. Except as specifically amended or waived hereby, all of the terms and conditions of the Agreement shall remain in full force and effect. All references to the Agreement in any other document or instrument shall be deemed to mean the Agreement as amended by this First Amendment. The parties hereto agree to be bound by the terms and obligations of the Agreement, as amended by this First Amendment, as though the terms and obligations of the Agreement were set forth herein.

 

[The Remainder of this Page has been Intentionally Left Blank]

 

3

 

IN WITNESS WHEREOF, the parties have caused this First Amendment to be executed as of the date first written above by their duly authorized representatives.

 

 

	
 
    	
OCWEN MORTGAGE SERVICING, INC.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By   
    	
/s/   Nikhil Malik
    
	
 
    	
 
    	
Name:
    	
Nikhil   Malik
    
	
 
    	
 
    	
Title:
    	
Treasurer   and Chief Financial Officer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
ALTISOURCE SOLUTIONS S.À R.L.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By   
    	
/s/   William B. Shepro
    
	
 
    	
 
    	
Name:
    	
William   B. Shepro
    
	
 
    	
 
    	
Title:
    	
Manager
    

 

4

 

SCHEDULE I

 

	
Services Provided
    	
 
    	
Service Period
    
	
Valuation   Services
    	
 
    	
October 1, 2012 — August 31, 2025
    
	
Property   Preservation and Inspection
    	
 
    	
October 1, 2012 — August 31, 2025
    
	
REO   Sales
    	
 
    	
October 1, 2012 — August 31, 2025
    
	
Trustee   Sales
    	
 
    	
October 1, 2012 — August 31, 2025
    
	
Title   Services
    	
 
    	
October 1, 2012 — August 31, 2025
    
	
Due   Diligence Services
    	
 
    	
October 1, 2012 — August 31, 2025
    
	
Mortgage   Charge off Collection
    	
 
    	
October 1, 2012 — August 31, 2025
    
	
Mortgage   Fulfillment and Underwriting Services
    	
 
    	
October 1, 2012 — August 31, 2025
    

 

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