Document:

Exhibit 10.8

 

FIRST AMENDMENT TO INTELLECTUAL PROPERTY AGREEMENT

 

This First Amendment to the Intellectual Property Agreement (the “First Amendment”) is entered into as of March 29, 2013, and amends that certain Intellectual Property 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, 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 October 1, 2012 (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, pursuant to Section 5(a) of the Agreement, the term of the Agreement commenced on October 1, 2012, and shall continue through August 31, 2020; 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 5, Term and Renewal, of the Agreement.  Section 5, Term and Renewal, of the Agreement is hereby deleted in its entirety and restated as follows:

 

“5. 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 deleted in their entirety and replaced with the version of Schedule I and Schedule II attached to this First

 

1

 

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, and (b) the effective date of this 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. 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.           Execution.  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.

 

4.           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]

 

2

 

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 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
    

 

6

 

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
    
	
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
    
	
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
    

 

7

 

	
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 Servicer :   Ocwen
    	
 
    	
http://www.globalservicingsolutions.com/Press/OcwenV3.pdf
    
	
Ocwen   Live Wire Newsletters (June
    	
 
    	
http://www.ocwenbusiness.com/documents/doc/June_2007_Livewire.doc;   
    

 

12

 

	
2007 - October 2007)
    	
 
    	
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.   
    	
 
    	
5/22/2006
    	
 
    	
Method   and system for Loan Closing
    	
 
    	
William   Erbey 
    

 

17

 

	
11/803,306
    	
 
    	
 
    	
 
    	
 
    	
 
    	
Christopher

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
    
	
US   - Structured Finance Servicer Evaluation - Commercial Mortgage Servicer :   Ocwen
    	
 
    	
http://www.globalservicingsolutions.com/Press/OcwenV3.pdf
    

 

22

 

	
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

 

26Exhibit 4.3

 

W. P. CAREY INC.

EMPLOYEE SHARE PURCHASE PLAN

Amended and Restated as of October 1, 2012

 

 

1.                                    Purpose.  The purpose of the W. P. Carey Inc. Employee Share Purchase Plan, as amended and restated (the “Plan”) is to encourage and assist Employees of (a) W. P. Carey Inc. (the “Company”) and (b) any other affiliate of the Company that elects to participate in the Plan (with the consent of the Company) in acquiring an ownership interest in the Company.  The Plan is not intended to be an Employee Stock Purchase Plan under Section 423 of the Code.

 

This Plan is a continuation, and amendment and restatement, of the W. P. Carey & Co. LLC Employee Share Purchase Plan, which was sponsored by the Company’s predecessor entity W. P. Carey & Co. LLC, a Delaware limited liability company (“W. P. Carey”).  The Plan was assumed by the Company on September 28, 2012, upon the consummation of the merger of W. P. Carey with and into the Company (the “Merger”), with the Company continuing as the surviving corporation, pursuant to an Agreement and Plan of Merger, dated as of February 17, 2012.  As a result of the Merger, the securities issuable pursuant to the provisions of the Plan as assumed by the Company shall now be shares of common stock of the Company.

 

2.                                    Definitions.  The following terms as used in this Plan shall have the meaning specified below, unless the context clearly indicates otherwise.

 

(a)                   “Account” means the bookkeeping account established for an Employee to which the following shall be credited:  (i) the funds deducted or paid from the Employee’s Compensation pursuant to the terms of the Plan to purchase Shares; (ii) any purchased Shares; and (iii) any dividends on Shares credited to the account which are to be used to purchase additional Shares as permitted hereunder.

 

(b)                  “Board” means the Board of Directors of the Company.

 

(c)                   “Code” means the Internal Revenue Code of 1986, as amended, and any regulations thereunder.

 

(d)                 “Committee” means the committee appointed by the Board to administer the Plan.  The Committee shall serve at the pleasure of the Board and the Board may appoint or remove Committee members at any time for any reason.  Unless otherwise determined by the Board, the Committee shall be the Compensation Committee of the Board.

 

(e)                   “Company” means W. P. Carey Inc., a Maryland corporation, or any successor thereto.

 

(f)                    “Compensation” means a Participant’s total compensation from the Company or other participating affiliate payable during the applicable Semi-Annual Period.

 

 

(g)                  “Employee” means any officer or other common law employee of the Company or other affiliate of the Company which participates in the Plan with the consent of the Company.

 

(h)                  “Exchange Act” means the Securities Exchange Act of 1934, as amended.  References to any provision of the Exchange Act include the rules and regulations thereunder and successor provisions and rules and regulations thereto.

 

(i)                      “Fair Market Value” of a Share means, as of any given date, (i) the average of the high and low price of a Share as reported on the New York Stock Exchange (or if Shares were not traded on such date, on the closest preceding date on which a trade occurred), or (ii) if the Shares are not publicly traded, the fair market value of a Share as determined by the Committee in good faith, using such criteria as the Committee may, in its sole discretion, deem appropriate.

 

(j)                      “Participant” means each (i) Employee who is eligible to, and elects to, participate in the Plan in accordance with the terms of the Plan and (ii) any Employee or former Employee who has an Account under the Plan.

 

(k)                  “Plan” means the W. P. Carey Inc. Employee Share Purchase Plan, as amended from time to time.

 

(l)                      “Semi-Annual Period” means the six (6) month period ending on the last day of June and December of each year, unless otherwise determined by the Committee in its discretion.

 

(m)              “Shares” means shares of common stock of the Company, par value $0.001 per share, subject to adjustment pursuant to Section 13.

 

 

3.                                    Shares Subject to the Plan.  Subject to adjustment pursuant to Section 13 of the Plan, the aggregate number of Shares which may be purchased under the Plan is the sum of (i) the number of shares available under W. P. Carey’s prior employee stock purchase plan immediately before the effective date of the Plan, which was 91,307 Shares and (ii) an additional 408,693 Shares, for a total of 500,000 Shares.  The Shares may be authorized but unissued shares, reacquired shares, or any combination thereof.

 

 

4.                                    Eligibility.  Any Employee of the Company or other participating affiliate is eligible to become a Participant on the first day of the Semi-Annual Period following the Employee’s date of hire.

 

 

5.                                    Joining the Plan.

 

(a)                   An eligible Employee’s participation in the Plan shall be effective as of the first day of the Semi-Annual Period following the date on which the Employee completes,

 

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sign and returns to the Committee such forms as may be required to enroll in the Plan (or at such other time as may be permitted by the Committee in its sole discretion); provided, that for the first Semi-Annual Period of the Plan, participation shall be effective as of the first day of that period so long as the Employee completes and returns the required forms before the last day of such period.

 

(b)                  Notwithstanding subsection (a) above, an Eligible Employee may elect to make a lump sum contribution (as provided in Section 6(a)(2)) for a Semi-Annual Period in accordance with such rules and procedures as may be established by the Committee in its sole discretion.

 

(c)                   Participation by any Employee in the Plan is entirely voluntary.

 

 

6.                         Employee Contributions.

 

(a)                   Each Employee may elect (on such forms as may be required by the Committee in its sole discretion) to contribute by either (1) payroll deduction of 1% to 10% (in whole percentages only) of his or her Compensation payable during a Semi-Annual Period or (2) one lump sum payment (or such additional lump sum payments as may be permitted by the Committee in its sole discretion) of up to 10% of his or her Compensation payable during the Semi-Annual Period.  Notwithstanding the foregoing, no Employee may contribute more than $25,000 (or such higher limit as may be established by the Committee from time to time) in any year.

 

(b)                  Subject to the limits set forth in (a) above, an Employee may elect at any time (on such forms as may be required by the Committee in its sole discretion) to increase or decrease his or her rate of contribution.  Except as otherwise provided in the Plan, any such change shall become effective as the first day of the Semi-Annual Period following receipt of such election by the Committee (or at such other time as may be permitted by the Committee in its sole discretion).

 

(c)                   Any contributions made by an Employee under the Plan shall be credited to the Employee’s Account.  Except as otherwise provided by the Committee, any dividends on Shares credited to a Participant’s Account may, at the election of the Participant, be used to purchase additional Shares hereunder (at the market value at the time of purchase).

 

 

7.                                     Issuance of Shares.

 

(a)                   On the last trading day of each Semi-Annual Period, the contributions (and dividends to be reinvested, if any) credited to a Participant’s Account as of that date shall be applied to the purchase of Shares; provided that if the Participant has previously elected in accordance with Section 8(a) to cease participation, no such purchase shall be made on the Participant’s behalf.  Except as otherwise provided by the Committee, fractional shares may be purchased and credited to Participant Accounts under the Plan.

 

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(b)                  The per share cost for the Shares purchased pursuant to the Plan shall be 85% of the lower of (i) the Fair Market Value of a Share on the first trading day of the Semi-Annual Period (the “date of the grant”) and (ii) the Fair Market Value of a Share on the last trading day of the Semi-Annual Period (the “date of exercise”).

 

(c)                   Any funds remaining in a Participant’s Account after the purchase of Shares at the conclusion of a Semi-Annual Period shall be refunded to the Participant on the last day of each Semi-Annual Period.  Shares purchased for any Semi-Annual Period shall be credited to Participant Accounts on the last day of the Semi-Annual Period; provided, that a Participant may request, upon such terms and conditions as may be established by the Committee, a certificate for Shares credited to his or her Account.

 

(d)                 If the aggregate number of Shares that all Participants in the Plan desire to purchase in any Semi-Annual Period exceeds the number of Shares then available under the Plan, the Shares available shall be allocated among such Participants in proportion to their contributions during the Semi-Annual Period.

 

(e)                   Notwithstanding any other provision herein to the contrary, the obligation to purchase, issue or deliver Shares under the Plan shall be subject to (i) the effectiveness of a registration statement under the Securities Act of 1933, as amended, with respect to such shares, if deemed necessary or appropriate by the Company or Committee, (ii) the condition that the Shares shall have been listed (or authorized for listing upon official notice of issuance) on the New York Stock Exchange and (iii) any other applicable law, regulation, rule or order.

 

 

8.                                     Termination of Contributions.

 

(a)                   The contributions of an Employee under the Plan shall terminate (and no further contributions shall be made on his or her behalf) as of the date on which the Employee (i) elects to withdraw his or her contributions for a Semi-Annual Period, (ii) ceases to be an Employee, (iii) dies, (iv) ceases to receive Compensation for the remainder of a Semi-Annual Period, or (v) to the extent required by law or regulation, receives a hardship distribution under a tax-qualified section 401(k) plan sponsored by the Company or any affiliate.  Upon ceasing contributions under the Plan, an Employee shall (if applicable) be entitled to recommence contributions in accordance with the terms of Section 5; provided that in the case of a termination under (a)(v), the terminated Participant may not do so for a period of 12 months following the date of the hardship withdrawal (or other period specified under the section 401(k) plan).

 

(b)                  In the case of a cessation of contributions under Section 8(a) for any reason, any funds remaining in the Participant’s Account when the cessation occurred shall be refunded to the Participant on the date of cessation of the contributions or, if the Participant has separated from service, upon the date of the Participant’s separation from service.

 

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9.                                     Death of a Participant

 

(a)                   Upon the death of a Participant, the contributions credited to a Participant’s Account that were not yet used for the purchase of Shares during the Semi-Annual Period in which the Participant’s death occurred shall be refunded to the Participant’s estate pursuant to Section 8(b), and the Participant’s beneficiary shall thereafter be entitled to the Shares  credited to the Participant’s Account.  Any distribution to a beneficiary hereunder shall be in full satisfaction of the obligations owing to the deceased participant under the Plan.  If more than one beneficiary is designated, each beneficiary shall be entitled to the portion of the Participant’s Account designated by the Participant, or if no such designation is made, each beneficiary shall receive an equal portion of the Shares and proceeds.

 

(b)                  Each Participant may designate (on such forms as may be required by the Committee) a beneficiary under the Plan.  A previous designation may be changed by a Participant at any time by the submission of a new designation form to the Committee prior to the Participant’s death.  If a Participant has not designated a beneficiary or the designated beneficiary is not living on the Participant’s date of death, the Participant’s beneficiary shall be his or her estate.

 

 

10.                             Administration of the Plan.

 

(a)                   The Plan shall be administered by the Committee.  The Committee shall have the full discretion to interpret and administer the Plan and to adopt such rules, regulations and procedures as it deems necessary or advisable from time to time.  The Committee may delegate any or all of its powers and duties under the Plan to employees of the Company or other Company affiliate.

 

(b)                  A majority of the Committee shall constitute a quorum, and the acts of a majority of the members of the Committee present at any meeting at which a quorum is present, or acts approved in writing by a majority of the members of the Committee, shall be deemed the acts of the Committee.

 

(c)                   All costs and expenses of administering the Plan shall be paid by the Company and the other participating employers (as determined by the Company in its sole discretion).

 

 

11.                 Amendment.

 

(a)                   The Board shall have the right to amend the Plan at any time and from time to time; provided, that no such amendment of the Plan shall, without stockholder approval, be effective if stockholder approval of the amendment is required at such time in order for the purchase of Shares under the Plan to qualify for any available exemption from Section 16 of the Exchange Act or by any other applicable law, regulation, rule or order.

 

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(b)                  No amendment may be made that would cause the purchase of Shares under the Plan not to qualify for exemption under Section 16.

 

(c)                   Notwithstanding anything herein to the contrary, the Board shall have the power to amend the Plan in any manner deemed necessary or advisable for the purchase of Shares under the Plan to qualify for any exemption provided under Section 16 and any such amendment shall, to the extent deemed necessary or advisable by the Board, be applicable to any existing Accounts.

 

 

12.                            Termination.  The Board shall have the right to terminate the Plan at any time.  Unless terminated earlier by action of the Board, the Plan shall remain in effect until such time as no Shares remain available for issuance under the Plan and the Participants and their employers have no further rights or obligations (as applicable) under the Plan.

 

 

13.                            Adjustments Upon Changes in Capitalization.  Appropriate and proportionate adjustments shall be made in the number and class of shares subject to this Plan in the event of a shares dividend, shares split, reverse shares split, recapitalization, reorganization, merger, consolidation, acquisition, separation or like change in the capital structure of the Company.

 

 

14.                            Transferability of Rights.  No rights of a Participant (or his or her beneficiary) under this Plan shall be transferable, by operation of law or otherwise, except upon the death of a Participant as provided in Section 9.

 

 

15.                            Participation in Other Benefit Plans.  Nothing herein contained shall affect an Employee’s rights to participate in and receive benefits under and in accordance with the then current provisions of any pension, insurance or other employee benefit plan or program offered by his or her employer.

 

16.                            No Right to Continued Employment.  Nothing in this Plan shall confer upon any Employee any right to continued employment with the Company or other participating affiliate, or interfere with or restrict in any way the rights of the Company or other participating affiliate to discharge the Employee at any time for any reason whatsoever, with or without cause.

 

 

17.                            No Shareholder Rights Conferred.  Nothing contained in the Plan shall confer upon a Participant (or his or her beneficiary) any rights of a holder of Shares unless and until Shares are issued to the Participant (or his or her beneficiary).

 

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18.                            Governing Law.  To the extent not preempted by Federal law, the Plan shall be construed in accordance with and governed by the internal laws of the State of New York.

 

 

19.                            Severability.  In the event any provision of the Plan or any action taken pursuant to the Plan shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been included, and the illegal or invalid action shall be deemed null and void.

 

20.                            Withholding Taxes.  To the extent required by applicable law or regulation, each Participant shall arrange with his or her employer for the payment of any required federal, state or local income or other tax withholding applicable to the receipt of Shares under the Plan prior to the delivery of the Shares to the Employee.

 

21.                            Notices.  Any notice or other communication required or permitted to be given  pursuant to the Plan must be in writing and may be given by registered or certified mail, and if given by registered or certified mail, shall be determined to have been given and received on the date three days after a registered or certified letter containing such notice, properly addressed with postage prepaid, is deposited in the United States mails; and if given other than by registered or certified mail, it shall be deemed to have been given when delivered to and received by the party to whom addressed.  Notice shall be given to Participants at their most recent addresses shown in the Company’s records.  Notice to the Committee shall be sent to the Committee at the Company’s principal executive offices to the attention of the Chief Financial Officer of the Company.  Notice to an employer shall be sent to the employer’s principal executive offices to the attention of its Chief Financial Officer.

 

22.                            Construction.  Titles and headings of sections and articles of this Plan are for convenience of reference only and shall not affect the construction of any provision of this Plan.  Unless the context clearly requires otherwise, the singular shall include the plural.

 

23.                            Effective Date of Plan.  The Plan became effective as of March 15, 2012, the date of the adoption of the Plan by the board of directors of W. P. Carey, contingent upon approval by shareholders of W. P. Carey, which was obtained on June 21, 2012.

 

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