Document:

EX-10.12 Intellectual Property Assignment

 

EXHIBIT 10.12

INTELLECTUAL PROPERTY ASSIGNMENT

     THIS INTELLECTUAL PROPERTY ASSIGNMENT (the “Assignment”) is made effective this
24th day of October, 2007, by and between VIDEO SOFTWARE PARTNERS, LLC, a Texas limited
liability company (“Assignor”) and ESPRE SOLUTIONS, INC., a Nevada corporation (“Assignee”).

ASSIGNMENT

     1.      For Ten Dollars ($10.00) and other good and valuable consideration received by Assignor
from Assignee, the receipt and sufficiency of which is hereby acknowledged, Assignor hereby sells,
assigns and transfers to Assignee, its successors and assigns, the entire right, title and interest
in and to Assignor’s Intellectual Property, being the software products described in Exhibit “A”,
attached hereto and incorporated herein by reference (collectively “Assignor’s Intellectual
Property”), including, but not limited to the following: all divisional, continuing, substitute,
renewal, reissue and all other applications for patents which have been and shall be filed in the
United States and all foreign countries on any of Assignor’s Intellectual Property; in and to all
original and reissued patents which have been or shall be issued in the United States and all
foreign countries on Assignor’s Intellectual Property, including the right to apply for patent
rights in each foreign country and all rights to priority; all source codes; copyrights (or
applications related thereto); trademarks (or applications related thereto); trade names, logos,
proprietary designs and service marks (or applications related thereto); all rights to license
agreements, royalty interests and other income and property; and, all claims or causes of action
for infringement thereof related to in any way to Assignor’s Intellectual Property.

     2.      Assignor shall also agree that Assignee may apply for and receive patents for said
Assignor’s Intellectual Property in its own name; and when requested, without charge to but at the
expense of said Assignee, its successors and assigns, agrees to carry out in good faith the intent
and purpose of this Assignment, Assignor will execute all divisional, continuing, substitute,
renewal, reissue, and all patents or other applications on

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any Assignor’s Intellectual Property; execute all rightful oaths, assignments, power of
attorney and other papers, communicate to said Assignee, its successors and assigns, all facts
known to the Assignor relating to said Assignor’s Intellectual Property and the history thereof;
and generally do everything possible which said Assignee, its successors and assigns, shall
consider desirable for aiding in securing and maintaining proper patent and other intellectual
property protection for Assignor’s Intellectual Property and for vesting clear title to Assignor’s
Intellectual Property, in said Assignee, its successors and assigns.

     3.      Assignor hereby covenants with said Assignee, its successors and assigns, that no
assignment, grant, mortgage, license or other agreement affecting the rights and property
representing Assignor’s Intellectual Property herein conveyed has been made to any other third
party by Assignor and that full right to convey the same as herein expressed is possessed by
Assignor.

     IN TESTIMONY WHEREOF, we execute this Assignment to be made effective on the date first
written above.

	 	 	 	 	 
	 	

ASSIGNOR:

VIDEO SOFTWARE PARTNERS, LLC

 	 
	Date:                      	By:  	/s/ Greg Somers
 	 
	 	 	Greg Somers, President 	 
	 	 	 	 
	 
	 	ASSIGNEE:

ESPRE SOLUTIONS, INC.

 	 
	Date:                      	By:  	/s/ Peter Leighton
 	 
	 	 	Peter Leighton, President 	 
	 	 	 	 

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	STATE OF TEXAS

	 	§
	 

	 	§
	COUNTY OF DALLAS

	 	§

     This instrument was acknowledged before me on the       day of October, 2007, by
                                ,                                  of Video Software Partners, LLC.

	 	 	 	 	 
	 	 	 
	 	  	 
	 	Notary Public, State of Texas 	 
	 	 	 
	 

	 	 	 
	STATE OF TEXAS

	 	§
	 

	 	§
	COUNTY OF DALLAS

	 	§

     This instrument was acknowledged before me on the       day of October, 2007, by
                                ,                                  of Espré Solutions, Inc.

	 	 	 	 	 
	 	 	 
	 	   	 
	 	Notary Public, State of Texas 	 
	 	 	 

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EXHIBIT “A”

to

INTELLECTUAL PROPERTY ASSIGNMENT

	 	 	 
	CORE LIGHTING STRIKE ENCODER/DECODER

	 	VERSION 1.11
	 
	 	 
	VIDEO INTERACTIVE MULTI-POINT

	 	VERSION 1.6
	 
	 	 
	VIDEO MESSENGER PRO

	 	VERSION 4.3
	 
	 	 
	STREAMING VIDEO ENCODER/DECODER

	 	VERSION 1.10
	 
	 	 
	STILL IMAGE COMPRESSION

	 	VERSION 1.10
	 
	 	 
	POWER ZOOM

	 	VERSION 1.10
	 
	 	 
	FACIAL RECOGNITION

	 	VERSION 1.2
	 
	 	 
	LICENSING SERVER

	 	VERSION 1.0
	 
	 	 
	VM POST SERVER

	 	VERSION 1.0
	 
	 	 
	WEBSITE

	 	VERSION 2.0

4EX-10.13 Letter Agreement

 

EXHIBIT 10.13

ESPRE SOLUTIONS, INC.

5700 West Plano Parkway, Suite 2600

Plano, Texas 75093

October 24, 2007

Mr. Greg Somers

President

Video Software Partners, LLC

118 Main Street

Webb, Iowa 51366

     Re: Letter Agreement

Dear Mr. Somers:

     Espré Solutions, Inc. (“Espré”) and Video Software Partners, LLC “(VSP”) have reached a mutual
understanding in connection with the payment of the remaining purchase price by Espré of VSP’s
software products and technologies to Espré (collectively the “Intellectual Property”).

     In accordance with the terms set forth under that one certain Purchase Agreement made
effective October 19, 2007 (the “Purchase Agreement”), Espré agreed to pay VSP the sum of
$100,000.00 and issue to VSP 1,500,000 restricted shares of Espré’s Common Stock for the purchase
of VPS’s Intellectual Property. When the additional Espré’s shares are added to VSP’s existing
holdings of 6,288,000 shares of Espré Common Stock, VSP shall hold a total of 7,788,000 shares of
Espré stock ( the “VSP Shares”).

     In addition thereto and in further consideration of VSP entering into the Purchase Agreement,
Espré agreed to grant VSP a right to the payment of a 2% royalty fee based upon Espré’s gross
revenues earned during the period commencing June 1, 2008 and terminating December 31, 2008 (the
“Gross Fees”). Such right and the payment thereunder of the Gross Fees shall be made conditioned
upon VSP’s disposition of the VSP Shares by June 1, 2008 in which it realizes cumulative gross
proceeds of less than $1,550,000.00 from the sale thereof (the “Triggering Event”).

     Upon the occurrence of the Triggering Event, Espré’s obligation under this Letter Agreement to
pay VSP the Gross Fees shall be made based upon the following terms:

1.      The sale(s) of the VSP Shares must be exercised on or before June 1,
2008. In the event VSP fails to timely dispose of the VSP Shares by June 1,
2008 (the “trigger date”), VSP’s right to the payment of of the Gross Fees
under this Letter Agreement shall lapse; so long as the VSP Shares paid to
VSP have been registered as required by applicable law prior to the trigger
date. In the event the VSP Shares paid to VSP by

 

 

Espré, as set forth hereinabove, have not been registered on or before the
trigger date, then said trigger shall be automatically extended until such
time as the VSP Shares have been registered and is available for resale to a
third party by VSP and Espré has received written confirmation from VSP as
to the success of the registration of the VSP Shares.

2.      The VSP Shares shall be sold in the regular course of trading as
arms-length-open market transactions which sales can be supported by
brokerage records which are satisfactory to Espré;

3.      VSP shall provide Espré with written notice of its decision to exercise
its right to the payment of the Gross Fees;

4.      Upon approval by Espré that VSP has fully complied with the terms stated
herein in connection with its right to the payment of the Gross Fees, Espré
shall calculate the total amount of the Gross Fees owed to VSP, and shall
agree to pay VSP such fees on a quarterly basis in arrears.

	 	 	 	 	 
	 	Sincerely,

ESPRE SOLUTIONS, INC. 

 	 
	 	By:  	/s/ Peter Leighton
 	 
	 	 	Peter Leighton, President 	 
	 	 	 	 
	 

Acknowledged And Accepted By:

VIDEO SOFTWARE PARTNERS, LLC

	 	 	 	 	 
	 	 
	By:  	/s/ Greg Somers
 	 	Date:                      
	 	Greg Somers, PresidentEX-10.14 Amend No.1 to Intellectual Property Licen

 

EXHIBIT 10.14

AMENDMENT — 1 TO INTELLECTUAL PROPERTY LICENSE AGREEMENT

This Amendment 1 to the Intellectual Property License Agreement (“Agreement”) is made between
Media Distribution Solutions, LLC. (hereinafter called “MDS”) with its principal offices at 1701
Legacy Drive, Suite 2000, Frisco, TX 75034 and ESPRE Solutions, Inc., with its principal offices at
5700 West Plano Parkway, Suite 2600, Plano, TX 75093 (hereinafter called “ESPRE”).

     WHEREAS, MDS and ESPRE entered into a relationship on or about April 14th, 2006 as
defined in the Intellectual Property License Agreement;

     WHEREAS, MDS has the exclusive license to the Business as defined in the Intellectual Property
License Agreement;

     WHEREAS, ESPRE now desires to acquire a license to use the Licensed Technology for the express
purpose of Entertainment Applications (as defined below); and

     WHEREAS, MDS is willing to grant such license for ESPRE’s Sports and Entertainment
Applications on the terms and conditions as defined in this Amendment.

     NOW, THEREFORE, in consideration of the premises and mutual promises contained herein, the
parties agree as follows:

     MDS and ESPRE hereby agree that the Agreement and Amendment 1 establish a new relationship as
defined below.

     MDS and ESPRE hereby agree that the Agreement and Amendment 1 establish a new relationship as
specifically defined in Paragraph 1.2 of the original Intellectual Property License Agreement.

     ESPRE wishes to re-license from MDS the Sports and Entertainment portion of the business from
MDS to and End Licensee.

     MDS and ESPRE hereby agree that this Amendment 1 only amends 1.2 as defined below.

	1.2	 	“Business” means MDS’s business to create, perform, reproduce, create derivative works of,
develop, use, operate, market, sell, license, sublicense, display, publish, transmit and/or
distribute the Software in the business-to-consumer and/or consumer-to-consumer markets in the
Territory, including, without limitation, online classified, entertainment applications
(excluding the movie, television broadcast business and sports entertainment), and/or direct
consumer-oriented online communities.
	 
	1.2.1	 	MDS will no longer have the right to market the Software to the Sports Entertainment and
Entertainment applications defined as sports show, sporting events, sports shorts, full length
movies, movie trailers, previews, clips and TV previews (commonly referred to as Hollywood
applications), full length television show, music videos and documentaries.

ESPRE agrees to pay according to the schedule outlined below:

	 	 	 	 	 
	Payment within 30 days of executing this Amendment in US funds

	 	$	450,000.00	 
	Payment within 60 days of executing this Amendment in US funds

	 	$	475,000.00	 
	Payment within 90 days of executing this Amendment in US funds

	 	$	500,000.00	 
	Payment within 120 days of executing this Amendment in US funds

	 	$	550,000.00	 

     In addition, ESPRE will pay to MDS a five percent royalty (5%) on all Gross Revenues generated
from the Sports and Entertainment portion of the business granted under this Amendment. ESPRE
expects to receive royalty payments from the end licensee 10 days after the end of each quarter, and will
pay MDS within 5 business days of receiving their royalty payment. Should ESPRE be late on this
payment a 10% penalty will be assessed on the late payment.

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     Should the end licensee of ESPRE be acquired by a third party and the license for Sports and
Entertainment is transferred to such third party, MDS will receive from ESPRE, five percent (5%) of
the net proceeds received by the end licensee in the transfer of the license. In consideration of
the payment of five percent (5%) of the net proceeds MDS agrees to forego any further rights to
royalty payments as stipulated in the preceding paragraph.

     If payment is not received within 120 days of executing this Amendment, this Amendment is
terminated and considered void. The relationship between the parties will remain as defined in the
Intellectual Property License Agreement.

     Any and all other terms and conditions of the Intellectual Property License Agreement remain in
full force and effect.

	 	 	 	 	 
	MEDIA DISTRIBUTION SOLUTIONS, INC. 
 	 
	By:  	/s/ Mike Shell 	 
	 	 	Its: President and CEO                   	 
	 	 	Date: 4/17/07 	 
	 

	 	 	 	 	 
	 	ESPRE SOLUTIONS, INC. 

 	 
	 	By:  	
/s/ Pete Ianace
 	 
	 	 	Its: President and CEO      	 
	 	 	Date: 4/13/07 	 
	 

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