Document:

ex10_13.htm

    
      

    

    
      Exhibit
        10.13

      

      
        	
                US
                  $40,000.00

              	
                October
                  31, 2007

              

      

      

      BRIDGE
        LOAN

      PROMISSORY
        NOTE

      (Non-Negotiable)

       

      FOR
        VALUE
        RECEIVED, the undersigned, Remote Knowledge, Inc., a Delaware corporation
        (“Maker”), promises to pay to the order of Scott Vacek, or any successor
        holder of this Note (“Holder”), at Holders office, or such other place as
        Holder may designate, the principal amount of Forty Thousand Dollars
        ($40,000).

       

      1.         Interest.
        As soon as practical after delivery of this Note to Holder and transfer of
        funds
        to Maker, Maker shall deliver to Holder Thirteen Thousand Three Hundred
        Thirty-four shares (13,334) of common stock of Maker issued in the name of
        Holder as interest. Holder shall be entitled to retain all such shares
        regardless whether the Note may be prepaid. At the end of each month following
        default in payment of principal and continuing until principal is paid in
        full,
        Four Thousand Four Hundred Forty-five shares (4,445) of Makers common stock
        shall be delivered to Holder.

       

      2.         Payments.  All
        outstanding principal shall be payable on October 31, 2007 (the “Maturity
        Date”).

       

      3.           Guaranty.
        Payment of this
        Note is and shall be guaranteed by this performance pledge (the “Guaranty”)
        by Alan
        Granader, Dan Granader, and Randy S. Bayne (the “Guarantors”).  This
        Guaranteed Promissory Note is an absolute, continuing, irrevocable, and
        unconditional guaranty of payment and performance, and not a guaranty of
        collection, and Maker shall remain liable on its obligations hereunder until
        the
        payment in full of the principal and interest (the “Guaranteed
        Obligations”).

       

      4.           (the
        “Guaranteed Obligations”).

       

      (a)           In
        the event of default by Maker in payment of the Guaranteed Obligations, or
        any
        part thereof, when such Guaranteed Obligations are due to be paid or performed
        by Maker, the Guarantor shall promptly pay the Guaranteed Obligations then
        due
        in full without notice or demand, and it shall not be necessary for Holder,
        in
        order to enforce such payment by the Guarantor, to institute suit or exhaust
        its
        remedies against Maker or others.  THE GUARANTORS HEREBY IRREVOCABLY
        AGREES THAT, UNTIL PAYMENT IN FULL TO HOLDER OF THE GUARANTEED OBLIGATIONS,
        THE
        GUARANTORS SHALL HAVE NO RIGHT TO RECOVER FROM MAKER ANY CLAIMS THE GUARANTOR
        HAVE OR MIGHT HAVE AGAINST MAKER (AS SUCH TERM "CLAIM" IS DEFINED IN THE
        UNITED
        STATES BANKRUPTCY CODE 11 U.S.C. § 101[5] AS AMENDED FROM TIME TO TIME) IN
        CONNECTION WITH PAYMENTS MADE BY OR ON BEHALF OF THE GUARANTORS TO HOLDER
        UNDER
        THIS GUARANTY INCLUDING, WITHOUT IMPLIED LIMITATION, ALL RIGHTS THE GUARANTOR
        MAY NOW OR HEREAFTER HAVE UNDER ANY AGREEMENT OR AT LAW OR IN EQUITY (INCLUDING,
        WITHOUT LIMITATION, ANY LAW SUBROGATING THE GUARANTOR TO THE RIGHTS OF HOLDER)
        TO ASSERT ANY CLAIM AGAINST OR SEEK CONTRIBUTION, INDEMNIFICATION OR ANY
        OTHER
        FORM OF REIMBURSEMENT FROM MAKER OR ANY OTHER PARTY LIABLE FOR PAYMENT OF
        ANY OR
        ALL OF THE INDEBTEDNESS.

       

      (b)           If
        acceleration of the time for payment by Maker of all or any portion of the
        indebtedness is stayed upon the insolvency, bankruptcy, or reorganization
        of
        Maker, the Guaranteed Obligations shall nonetheless be payable by the Guarantors
        hereunder forthwith on demand by Holder.

       

      5.         Prepayment.  Maker
        may pay all or any part of the principal owing on this Note at any time or
        times
        prior to maturity without payment of any premium or penalty.

       

      6.         Default.  Each
        of the following events shall constitute an event of default (“Event of
        Default”) and Holder, in addition to any remedies available to it at law or
        in equity, shall thereupon have the option to declare Maker in default under
        this Note and declare due all obligations of Maker to Holder (it also being
        understood that the occurrence of any of the Events of Default set forth
        in
        subsections (c) or (d) automatically shall constitute an Event of Default
        and
        cause an immediate acceleration of Maker's indebtedness to Holder):

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      (a)           the
        failure of Maker to make any payment required hereunder when due;

       

      (b)           default
        by Maker in the performance or observance of any other term, covenant, condition
        or obligation contained in this Note, which default is not cured within 15
        days
        after Maker's written notice thereof;

       

      (c)           the
        filing of any petition by Maker under any provision of the Federal Bankruptcy
        Code or any state law relating to insolvency; or the filing of any such petition
        against Maker, unless such petition and all proceedings thereunder are dismissed
        within 60 days from such filing; or the appointment of a trustee or receiver
        for
        all or any assets of Maker, unless such appointment is vacated or dismissed
        within 60 days from the date of such appointment;

       

      (d)           an
        adjudication that Maker is insolvent or bankrupt.

       

      7.         Collection
        Costs.  Upon the occurrence of any Event of Default, Maker agrees
        to pay Holder, upon demand, any and all costs, expenses and fees, including
        without limitation, reasonable attorneys' fees incurred before or after suit
        is
        commenced in order to enforce payment hereof, and in the event suit is brought
        to enforce payment hereof, that such costs, expenses and fees shall be
        determined by a court proceeding without a jury.

       

      8.         Waiver.  Maker
        hereby acknowledges and agrees that the failure by Holder to insist upon
        Maker's
        strict performance of this Note or the failure by Holder to exercise its
        remedies hereunder shall not be deemed a waiver of such default, and shall
        not
        be a waiver by Holder of any of Holder's rights or remedies hereunder or
        at law
        or in equity.

       

      9.         Transfer.  This
        Note is not transferable by the Holder without the express written permission
        of
        Maker which shall not be unreasonably withheld.

       

      10.         Governing
        Law.  All amounts payable hereunder are payable in lawful money
        of the United States of America.  This Note shall be governed by and
        construed in accordance with the laws of the State of Texas, without regard
        to
        its conflicts of laws principles.

       

      11.         Representations
        and Warranties of Maker.  Maker hereby represent and warrants to
        Holder as follows:

       

      (a)           Maker
        has full power, authority and capacity to issue this Note and to perform
        and
        comply with all covenants and obligations contained herein.

       

      (b)           This
        Note has been duly executed and delivered by Maker and constitutes the legal,
        valid and binding obligations of Maker, enforceable against Maker in accordance
        with its terms, subject to bankruptcy, insolvency, reorganization, moratorium
        or
        other similar laws now or hereafter in effect relating to creditors' rights
        generally.

       

      12.           Representations
        and Warranties of Guarantors.  The Guarantors represents and
        warrants to Holder as follows:

       

      (a)           Guarantors
        have the power and authority and legal right to execute, deliver, and perform
        its obligations under the Guaranty and the Guaranty constitutes the legal,
        valid, and binding obligation of Guarantors, enforceable against Guarantors
        in
        accordance with its terms, except as limited by bankruptcy, insolvency, or
        other
        laws of general application relating to the enforcement of creditor's
        rights.

       

      (b)           The
        execution, delivery, and performance by Guarantors of this Guaranteed Promissory
        Note do not and will not violate or conflict with any law, rule, or regulation
        or any order, writ, injunction, or decree of any court, governmental authority
        or agency, or arbitrator.

       

      (c)           No
        authorization, approval, or consent of, and no filing or registration with,
        any
        court, governmental authority, or third party is necessary for the execution,
        delivery, or performance by Guarantors of this Guaranty Agreement or the
        validity or enforceability thereof.

       

      (d)           Guarantors
        have, independently and without reliance upon Maker and based upon such
        documents and information as Guarantors have deemed appropriate, made their
        own
        analysis and decision to become a Guarantor of this Guaranteed Promissory
        Note

       

    

    
      
        
          
            
              
                
                  
                  

                

                
                  2

                  
                    

                  

                

                
                  
                  

                

              

               

              IN
                WITNESS WHEREOF, this Note has been duly executed to be effective
                as of the 16th
                day of July, 2007.

               

              
                	
                        Holders
                          Address

                      	 	
                        Maker:

                      
	
                         

                      	 	
                        REMOTE
                          KNOWLEDGE, INC.,

                      
	
                         

                      	 	
                        a
                          Delaware Corporation

                      
	 	 	
                        By:  /s/
                          Henry Houston

                      
	 	 	 
	 	 	
                        Name:  Henry
                          Houston

                      

              

              

               

              
                

                
                  	 	
                          Guarantors:

                        	
                          Alan
                            Granader

                        
	 	 	 
	 	 	
                          /s/
                            Alan Granader

                        
	 	 	 
	 	 	
                          Dan
                            Granader

                        
	 	 	 
	 	 	
                          /s/
                            Dan Granader

                        
	 	 	 
	 	 	
                          Randy
                            S. Bayne

                        
	 	 	 
	 	 	
                          /s/
                            Randy S. Bayne

                        
	 	 	 
	 	 	 
	 	 	 

                

                

              

              3ex10_6.htm

    Exhibit
      10.6

     

    SETTLEMENT
      AGREEMENT

     

    

    This
      Settlement Agreement (the “Agreement”) is entered into among McDonald’s
      Corporation (“McDonald’s”), and Card Activation Technologies, Inc., a Delaware
      corporation with its principal place of business at 53 West Jackson, Chicago,
      Illinois  60604, together with all other Affiliates of Card Activation
      Technologies, Inc. (including but not limited to its parent, MedCom USA, Inc.)
      (collectively referred to herein as CAT).  (All parties shall be
      referred to collectively as the “Parties.”)  In consideration of the
      promises, covenants, and releases contained herein, and for other good and
      valuable consideration, the receipt and adequacy of which are hereby
      acknowledged, the Parties agree as follows:

    

    I.

     

    RECITALS

     

    WHEREAS,
      CAT represents and warrants that it is the owner of U.S. Patent No. 6,032,859
      (the “’859 Patent”);

     

    WHEREAS,
      McDonald’s offers a payment system that includes cashless forms of payment, such
      as credit cards, debit cards and gift or “stored value” cards at its
      restaurants, affiliated restaurants and franchised restaurants;

     

    WHEREAS,
      McDonald’s and CAT are parties to a lawsuit captioned Card Activation
      Technologies, Inc. v. McDonald’s Corporation and Walgreen Company, Case No.
      06 CV 5578, pending in the United States District Court for the Northern
      District of Illinois before Judge Blanche Manning (the “Lawsuit”).

     

    WHEREAS,
      CAT has represented to McDonald’s that CAT is accepting the consideration
      referenced herein based, inter alia, on CAT’s desire to obtain a
      settlement prior to any significant litigation with McDonald’s, including
      McDonald’s filing an Answer to the Complaint filed in the Lawsuit, and also as
      CAT’s initial settlement of any claims related to the ‘859 Patent, as referenced
      herein, in an effort to potentially foster additional settlements and/or
      licenses related to the ‘859 Patent.

     

     

    
      
        Settlement
          Agreement

      

      
        Page
          1 of
          14

        
          

        

      

      
        
        

      

    

     

    The
      Parties have agreed to resolve any and all claims that the Parties asserted
      or
      could have asserted in the Lawsuit and all other claims, whether known or
      unknown, present or contingent, that CAT may have against McDonald’s, or that
      McDonald’s may have against CAT, relating to any matter whatsoever as of or
      prior to the Effective Date as set forth in this Agreement.

     

    II.

     

    DEFINITIONS

     

    
      	
               

            	
              A.

            	
              ‘859
                Patent.  The “’859 Patent” shall mean United States
                Patent Number 6,032,859 and (i) all United States continuations,
                continuations-in-part, divisionals and other patent rights claiming
                priority (directly or indirectly) to any of the aforementioned patents
                and
                patent applications; (ii) as well as all counterparts thereof in
                foreign
                countries and any patents and patent applications to which those
                patents
                claim priority (if applicable); and (iii) all reissues, reexaminations,
                renewals and extensions of any of the
                foregoing.

            

    

     

    III.

     

    TERMS
      OF AGREEMENT

     

    
      	
               

            	
              A.

            	
              Recitals.  To
                the best of the Parties’ knowledge the information contained in the
                Recitals, which are incorporated herein by reference, is
                accurate.

            

    

     

    
      
        Settlement
          Agreement

      

      
        Page
          2 of
          14

        
          

        

      

      
        
        

      

       

    

    
      	
               

            	
              B.

            	
              Acknowledgments.  The
                Parties hereby acknowledge that this Agreement, together with the
“Patent
                License and Covenant Not to Sue” attached hereto as Exhibit A, settles and
                compromises all disputes and claims made and denied by them, and
                that by
                entering into this Agreement, no party is admitting the validity
                of any
                claim.

            

    

    
      	 	 	 

      	
               

            	
              C.

            	
              Effective
                Date.  The “Effective Date” contemplated by this
                Agreement (including Exhibits) will be February 27, 2007, or such
                other
                date as CAT and McDonald’s may agree to in
                writing.

            

      	 	 	 

    

    
      	
               

            	
              D.

            	
              No
                Others With Interest in ‘859 Patent.  CAT
                represents and warrants that no other individuals or entities have
                an
                ownership interest in the ‘859 Patent other than CAT, as defined in this
                Agreement.

            

    

    
      	 	 	 

      	
               

            	
              E.

            	
              Agreed
                Orders of Dismissal.  On or before March 2, 2007,
                the parties will file with the Court the Stipulation of Dismissal
                with
                Prejudice in the form attached hereto as Exhibit B (the “Agreed
                Stipulation of Dismissal”).

            

      	 	 	 

    

    
      	
               

            	
              F.

            	
              Payment
                by McDonald’s.  On or before March 2, 2007, as
                provided by the terms of the Patent License and Covenant Not to Sue,
                McDonald’s shall pay to CAT the sum of
                $45,000.

            

      	 	 	 

    

    
      	
               

            	
              G.

            	
              General
                Release by CAT.  CAT, for itself and all of its
                past and present successors, predecessors, beneficiaries, executors,
                trustees, administrators, subrogees, agents, attorneys, representatives,
                employees, officers, directors, partners, parent corporations,
                subsidiaries, and affiliates (including without limitation MedCom
                USA,
                Inc.) (collectively referred to hereinafter as the “CAT Parties”),
                irrevocably and absolutely releases and forever discharges McDonald’s, its
                past, present and future predecessors, successors-in-interest, assignees,
                nominees, subsidiaries, affiliates, authorized franchisees (including
                the
                authorized franchisees of all subsidiaries and affiliates), divisions,
                officers, directors, employees, attorneys, servants, representatives,
                partners, and agents (collectively referred to hereinafter as the
                “McDonald’s Released Parties”), of and from all claims, obligations,
                actions, or causes of action (however denominated), whether in law,
                statute or in equity and whether known or unknown, present or contingent,
                for any injury, damage or loss whatsoever which they may now or hereafter
                have, own or claim to have against the McDonald’s Released Parties by
                reason of (i) any matter whatsoever occurring prior to and through
                the
                Effective Date, including but not in any sense limited to, all claims
                that
                were or that could have been asserted in the Lawsuit for any reason
                whatsoever, or (ii) the ‘859 Patent, but excluding any and all
                representations, warranties, obligations, duties and covenants arising
                from this Agreement (including the Patent License and Covenant Not
                to Sue
                attached as Exhibit A to this
                Agreement).

            

    

     

    
      
        Settlement
          Agreement

      

      
        Page
          3 of
          14

        
          

        

      

      
        
        

      

    

     

    
      
        	
                 

              	
                 

              	
                A
                  list of the current subsidiaries and affiliates of McDonald’s is set forth
                  in Exhibit 1 of the Patent License and Covenant Not to Sue attached
                  as
                  Exhibit A to this Agreement.  The CAT Parties also covenant not
                  to sue any of the McDonald’s Released Parties regarding any of the claims
                  being released by this Agreement.  The Parties intend for the
                  McDonald’s Released Parties that are not parties to this Agreement to be
                  third-party beneficiaries of the release provided for by this
                  paragraph.  The parties agree and acknowledge that this Release,
                  and the Patent License and Covenant Not to Sue attached as Exhibit
                  A to
                  this Agreement, do not, and shall not be construed to, release
                  or limit in
                  any manner any claims, actions or causes of action that the CAT
                  Parties
                  have, had or may have against any of McDonald’s third-party suppliers or
                  providers, including but not limited VeriFone Holdings, Inc., and
                  VeriFone.  THIS RELEASE IS A GENERAL RELEASE AND THE
                  PARTIES INTEND AND AGREE THAT IT SHALL BE INTERPRETED, CONSTRUED,
                  AND
                  ENFORCED AS SUCH.

              

      

    

     

    
      
        Settlement
          Agreement

      

      
        Page
          4 of
          14

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              H.

            	
              Limited
                Release by McDonald’s.  McDonald’s for itself and
                all of its successors, predecessors, beneficiaries, executors, trustees,
                administrators, subrogees, agents, attorneys, representatives, employees,
                officers, directors, partners, parent corporations, subsidiaries,
                and
                affiliates, hereby releases and forever discharges the CAT Parties
                of and
                from all claims, obligations, actions, or causes of action (however
                denominated), whether in law, statute or in equity and whether known
                or
                unknown, present or contingent, for any injury, damage or loss whatsoever
                which they may now or hereafter have, own or claim to have against
                the CAT
                Parties by reason of (i) any claims that were or that could have
                been
                asserted in the Lawsuit for any reason whatsoever, or (ii) the ‘859
                Patent, but excluding any and all representations, warranties,
                obligations, duties and covenants arising from this Agreement (including
                the Patent License and Covenant Not to Sue attached as Exhibit A
                to this
                Agreement).

            

    

    

    IV.

     

    GENERAL
      PROVISIONS

     

    
      	
               

            	
              A.

            	
              No
                Assignment.  CAT warrants and represents that it
                has not made any assignment or transfer of any right, claim, demand,
                cause
                of action, or other matter covered by the Release set forth
                herein.

            

    

    
      	 	 	 

      	
               

            	
              B.

            	
              Attorneys’
                and Experts’ Fees.  Each of the Parties shall bear
                all of its own costs and expenses, including, without limitation,
                legal
                fees incurred in connection with the Lawsuit and the preparation,
                negotiation, and/or review of this
                Agreement.

            

    

     

    
      
        Settlement
          Agreement

      

      
        Page
          5 of
          14

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              C.

            	
              Mediation.  Each
                Party agrees that if a dispute arises between them regarding this
                Agreement (including Exhibits), it will give the other party written
                notice of the dispute.  The Parties agree that if they are
                unable to resolve the dispute, they will mediate the dispute for
                purposes
                of seeking resolution through supplemental negotiations within thirty
                (30)
                days of the notice (or later if mutually agreed to by the Parties
                involved
                in the dispute).

            

    

    
      	 	 	 

      	
               

            	
              D.

            	
              Reimbursement
                of Fees and Costs for Violation of Releases.  CAT
                agrees that if it, or anyone claiming through it sues any of the
                McDonald’s Released Parties, it shall reimburse the McDonald’s Released
                Parties for all attorneys’ fees, costs, and expenses incurred by the
                McDonald’s Released Parties in defending that subsequent lawsuit if it is
                ruled that this Agreement bars the claims asserted in that subsequent
                lawsuit.

            

      	 	 	 

    

    
      	
               

            	
              E.

            	
              Reimbursement
                of Fees and Costs to Enforce Agreement.  If
                McDonald’s institutes any action at law or in equity against CAT to secure
                or protect its rights under or to enforce the terms of or for breach
                of a
                representation or warranty in this Agreement, in addition to any
                judgment
                entered in its favor, McDonald’s shall be entitled to recover such
                attorneys’ fees together with court costs and expenses of
                litigation.  Likewise, if CAT institutes any action at law or in
                equity against McDonald’s to secure or protect its rights under or to
                enforce the terms of or for breach of a representation or warranty
                in this
                Agreement, in addition to any judgment entered in its favor, CAT
                shall be
                entitled to recover such attorneys’ fees together with court costs and
                expenses of litigation.

            

      	 	 	 

    

    
      	
               

            	
              F.

            	
              Drafting.  This
                Agreement was negotiated at arm’s-length, mutually drafted, and entered
                into freely by the Parties with the advice of counsel.  In the
                event an ambiguity exists in any provision of this Agreement, such
                ambiguity is not to be construed by reference to any doctrine or
                statute
                calling for ambiguities to be construed against the drafter of the
                document.

            

    

     

    
      
        Settlement
          Agreement

      

      
        Page
          6 of
          14

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              G.

            	
              Captions.  The
                captions or headings of the Sections or Paragraphs of this Agreement
                are
                for convenience of reference only and in no way define, limit or
                affect
                the scope or substance of any Section or Paragraph of this
                Agreement.

            

    

    
      	 	 	 

      	
               

            	
              H.

            	
              Scope
                of Promises, Representations, and Inducements.  The
                Parties acknowledge, warrant and represent that no promises,
                representations or inducements, except as herein set forth, have
                been
                offered or made by any of the Parties to secure the execution of
                the
                Release above or this Agreement, and that the Release above and this
                Agreement are executed without reliance on any statements or any
                representations not contained herein.  Each of the Parties
                knowingly waives (1) any claim that this Agreement was induced by
                any
                misrepresentation or nondisclosure, and (2) any right to rescind
                or avoid
                this Agreement based upon presently existing facts, known or
                unknown.

            

      	 	 	 

    

    
      	
               

            	
              I.

            	
              Voluntary
                Agreement.  Each of the Parties certifies that it
                is voluntarily entering into this Agreement in good faith based solely
                and
                completely upon its own judgment and with the advice of counsel following
                its good-faith assessment of the disputes at
                issue.

            

    

    
      	 	 	 

      	
               

            	
              J.

            	
              Survival.  The
                Parties hereby agree that the provisions of this Agreement, including,
                without limitation, the representations, warranties, covenants and
                Release
                made herein, shall survive the execution of this Agreement and the
                performance by the Parties of their respective obligations under
                this
                Agreement.

            

      	 	 	 

    

    
      	
               

            	
              K.

            	
              Severability.  Any
                part, provision, representation or warranty of this Agreement that
                is
                prohibited or unenforceable, or is held by a court of competent
                jurisdiction to be void or unenforceable, in any jurisdiction shall,
                as to
                such jurisdiction, be ineffective to the extent of such prohibition
                or
                unenforceability without invalidating the remaining parts, provisions,
                representations or warranties herein, and any such prohibition or
                unenforceability in any jurisdiction shall not invalidate or render
                unenforceable such provision in any other jurisdiction.  To the
                extent permitted by applicable law, the Parties hereby knowingly,
                voluntarily, and intelligently waive any provision of law that prohibits
                or renders void or unenforceable any part, provision, representation
                or
                warranty hereof.

            

    

     

    
      
        Settlement
          Agreement

      

      
        Page
          7 of
          14

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              L.

            	
              Entire
                Agreement.  This Agreement (including Exhibits)
                constitutes the entire agreement of the Parties hereto and supersedes
                all
                prior and contemporaneous agreements and understandings of the
                Parties.

            

    

    
      	 	 	 

      	
               

            	
              M.

            	
              Successors
                and Assigns.  This Agreement shall be binding upon
                and inure to the benefit of the Parties’ successors and
                assigns.  Neither CAT nor McDonald’s may assign any rights, or
                delegate any obligations, under this Agreement without the prior
                written
                consent of the other party, and any purported assignment or delegation
                will be void without the other party’s prior written consent.  A
                Party assigning any right, or delegating any obligation, will not
                be
                released of any liability under this Agreement.  Except for
                those persons benefited from the Release, nothing contained in this
                Agreement shall in any fashion be construed to, or inure to the benefit
                of, any person or entity not a party to this Agreement, including,
                but not
                limited to, the creditors of any of the
                Parties.

            

      	 	 	 

    

    
      	
               

            	
              N.

            	
              Modifications.  No
                part or provision of this Agreement may be changed, modified, waived,
                discharged or terminated except by an instrument in writing signed
                by the
                party against whom enforcement of such change, modification, waiver,
                discharge or termination is sought.  The failure of a party to
                seek redress for violation of, or to insist upon strict performance
                of,
                any provision of this Agreement shall not be a waiver of that provision
                by
                that party or estop that party from asserting fully any and all of
                its
                rights under this Agreement.

            

    

     

    
      
        Settlement
          Agreement

      

      
        Page
          8 of
          14

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              O.

            	
              Confidentiality.  CAT
                agrees, and shall instruct its employees, attorneys and accountants
                to
                keep the terms and conditions of this Agreement strictly
                confidential.  McDonald’s agrees, and shall instruct its
                employees, accountants, and outside attorneys involved in the resolution
                of this matter to keep the terms and conditions of this Agreement
                strictly
                confidential.  The Parties further agree not to provide
                originals or copies of, or disclose any or all of the contents of,
                this
                Agreement to any third-party; provided, however, that (1) originals
                or
                copies of this Agreement may be produced and its contents shall be
                admissible in any dispute between or among any of the Parties, (2)
                originals or copies of this Agreement may be produced, and the contents
                of
                this Agreement may be disclosed, in accordance with an Order entered
                by a
                court of competent jurisdiction, (3) originals or copies of this
                Agreement
                may be produced, and the contents of this Agreement may be disclosed,
                by
                McDonald’s where such production or disclosure is required by statute or
                regulation, such as regulations governing Uniform Franchise Offering
                Circular disclosures; (4) originals or copies of this Agreement may
                be
                produced, and the contents of this Agreement may be disclosed, to
                attorneys, accountants, and other persons for the purpose of facilitating
                accounting or tax advice or services, provided, however, that any
                disclosure (other than as set forth above) of the terms and conditions
                of
                this Agreement by said attorneys, accountants, or other persons shall be
                deemed a breach of this Agreement by the party who disclosed the
                information to said attorneys, accountants, or other persons and
                (5)
                McDonald’s may disclose the combined amount of its attorneys’ fees,
                defense costs and settlement payment solely for the limited purpose
                of
                obtaining indemnification.  In the event that any Party
                reasonably believes that production or disclosure of the contents
                of this
                Agreement is required by a subpoena or other valid legal process,
                it shall
                provide written notice to the other Party at least five (5) business
                days
                prior to the date such production or disclosure is required and shall
                cooperate fully with the other Parties in seeking a protective order
                to
                preserve the confidentiality of this Agreement and its
                contents.  The Parties agree that, if asked by a third party
                about this Agreement or the resolution of their disputes, they shall
                state
                only that they engaged in constructive discussions about their differences
                and reached a mutually satisfactory compromise settlement, or words
                to
                that effect.  The Parties further agree that the CAT Parties may
                issue press releases and other public statements reciting that CAT
                and
                McDonald’s have settled the Lawsuit, with McDonald’s making a monetary
                payment to CAT and that McDonald’s has taken a license under the ’859
                Patent..

            

    

     

    
      
        Settlement
          Agreement

      

      
        Page
          9 of
          14

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              P.

            	
              Further
                Assurances.  Each of the Parties hereby agrees to
                execute such other and further documents, and to take such other
                and
                further actions, as may be reasonably requested by the other Party
                for the
                sole purpose of effectuating the agreements herein within ten (10)
                business days following written request.

            

      	 	 	 

    

    
      	
               

            	
              R.

            	
              Notices.  Notices
                or requests required or permitted to be given hereunder shall be
                deemed
                given three (3) business days after being sent via both (a) certified
                or
                registered United States mail, postage prepaid, or personal delivery
                and
                (b) facsimile, as follows:

            

    

    

    
      
        
          Settlement
            Agreement

        

        
          Page
            10 of
            14

          
            

          

        

        
          
          

        

      

    

    

    If
      to McDonald’s:

    

    McDonald’s
      Corporation

    Legal
      Department

    Litigation
      Practice Group

    2915
      Jorie Boulevard

    Oak
      Brook,
      IL  60523

    Attn:  Pauline
      Levy,
      Esq.

    Fax
      No. (630) 623-7370

    

    And
      copy to:

    

    James
      R. Ferguson, Esq.

    Mayer,
      Brown, Rowe & Maw
      LLP

    71
      South Wacker Drive

    Chicago,
      IL  60606-4637

    Fax
      No. (312) 706-8421

    

    

    If
      to CAT:

    

    Card
      Activation Technologies, Inc.

    53
      West
      Jackson Blvd.

    Suite
      1618

    Chicago,
      IL 60604

    

    And
      with copy to:

    

    Orum
      & Roth LLC

    53
      West
      Jackson Blvd.

    Suite
      1616

    Chicago,
      IL 60604

    

    
      	
               

            	
              S.

            	
              Authorization
                to Sign.  Each of the Parties hereby represents and
                warrants that the individual signing this Agreement on its behalf
                is duly
                authorized to enter into this Agreement and to execute and legally
                bind
                such Party to it.

            

    

     

    
      
        Settlement
          Agreement

      

      
        Page
          11 of
          14

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              T.

            	
              Counterparts.  This
                Agreement may be executed in counterparts, each of which shall constitute
                an original and all of which when taken together shall constitute
                one and
                the same instrument.

            

    

    
      	
               

            	
              U.

            	
              Governing
                Law.  Illinois law shall govern the interpretation,
                construction, and enforcement of this
                Agreement.

            

    

    

    IN
      WITNESS WHEREOF, McDonald’s Corporation has executed this Agreement as
      of the date set forth below.

     

    
      	 	
              McDONALD’S
                CORPORATION,

            
	 	
              a
                Delaware corporation

            
	 	 
	 	 
	 	
              By:  _____________________________________

            
	 	 
	 	
              Name:  __________________________________

            
	 	 
	 	
              Its:  _____________________________________

            

    

    

    

    The
      foregoing Agreement was executed before me in the city/county of ____________,
      _____________, ________________, this ___ day of February 2007, by
      _______________ in his capacity as ________________ of McDonald’s
      Corporation.

     

    

    
      	 	
              ________________________________

            
	 	
              NOTARY
                PUBLIC FOR THE STATE

            
	 	
              OF
                ILLINOIS

            
	 	 
	 	
              MY
                COMMISSION EXPIRES:

            
	 	 
	 	
              __________________________

            

    

    

    

    
      
        
          Settlement
            Agreement

        

        
          Page
            12 of
            14

          
            

          

        

        
          
          

        

      

    

    

    IN
      WITNESS WHEREOF, CAT has executed this Agreement as of the date set
      forth below.

     

    
      	 	
              CARD
                ACTIVATION TECHNOLOGIES, INC.

            
	 	
              a
                Delaware corporation

            
	 	 
	 	
              By:  _____________________________________

            
	 	 
	 	
              Name:  __________________________________

            
	 	 
	 	
              Its:  _____________________________________

            

    

    

    

    The
      foregoing Agreement was executed before me in the city/county of ____________,
      _____________, ________________, this ___ day of February 2007, by
      _______________ in his capacity as ________________ of Card Activation
      Technologies, Inc.

     

    

    
      	 	
              ________________________________

            
	 	
              NOTARY
                PUBLIC FOR THE STATE

            
	 	
              OF
                ILLINOIS

            
	 	 
	 	
              MY
                COMMISSION EXPIRES:

            
	 	 
	 	
              __________________________

            

    

    

    

    
      
        
          Settlement
            Agreement

        

        
          Page
            13 of
            14

          
            

          

        

        
          
          

        

      

    

    

    

    IN
      WITNESS WHEREOF, MedCom has executed this Agreement as of the date set
      forth below.

     

    
      	 	
              MEDCOM
                USA, INC.

            
	 	 
	 	 
	 	 
	 	
              By:  _____________________________________

            
	 	 
	 	
              Name:  __________________________________

            
	 	 
	 	
              Its:  _____________________________________

            

    

    

    

    The
      foregoing Agreement was executed before me in the city/county of ____________,
      _____________, ________________, this ___ day of February 2007, by
      _______________ in his capacity as ________________ of MedCom USA,
      Inc.

     

    

    
      
        	 	
                ________________________________

              
	 	
                NOTARY
                  PUBLIC FOR THE STATE

              
	 	
                OF
                  ILLINOIS

              
	 	 
	 	
                MY
                  COMMISSION EXPIRES:

              
	 	 
	 	
                __________________________

              

      

    

     

    
Settlement
      Agreement

    Page
      14 of
      14

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