SEC Contract Filing

Filing Date: 2016-11-07

Document Content:
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>2
<FILENAME>a110116_10x1.htm
<DESCRIPTION>EXHIBIT
<TEXT>
<HTML>
<head> </head> <body lang=EN-US> <div style=page:WordSection1> <h1 style='FONT-SIZE:12pt; FONT-FAMILY:"Times New Roman","serif"; MARGIN:3.85pt 0in 0pt 2in; TEXT-AUTOSPACE:'>CONTINGENT FEE AGREEMENT</h1> <p style='FONT-SIZE:12pt; FONT-FAMILY:"Times New Roman","serif"; MARGIN:0.3pt 0in 0pt; TEXT-AUTOSPACE:'>&nbsp;</p> <p style='FONT-SIZE:12pt; FONT-FAMILY:"Times New Roman","serif"; TEXT-ALIGN:justify; MARGIN:0in 5.8pt 0pt 5pt; TEXT-AUTOSPACE:; TEXT-INDENT:35.95pt'>This sets forth the agreement (the &#147;Agreement&#148;) made this&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <font style=LETTER-SPACING:0.55pt>&nbsp;</font>dayof<u> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u>,2016 (the &#147;effective date&#148; of this Agreement) between Advanced Voice Recognition Systems, Inc. (the &#147;Client&#148;) and Buether Joe &amp; Carpenter, LLC (&#147;BJC&#148;). Client and BJC are sometimescollectively hereinafter referred to as the &#147;Parties.&#148; Any one of the Parties may be sometimes hereinafter referred to as a&#147;Party.&#148;</p> <p style='FONT-SIZE:12pt; FONT-FAMILY:"Times New Roman","serif"; MARGIN:0.5pt 0in 0pt; TEXT-AUTOSPACE:'>&nbsp;</p> <p style='FONT-SIZE:11pt; FONT-FAMILY:"Times New Roman","serif"; TEXT-ALIGN:justify; MARGIN:0.05pt 5.25pt 0pt 5pt; TEXT-AUTOSPACE:; TEXT-INDENT:0.5in'><b><font style="FONT-SIZE:12pt; LETTER-SPACING:-1.45pt">1.<font style='FONT:7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp; </font></font></b><b><font style=FONT-SIZE:12pt>Scope of the Agreement. </font></b><font style=FONT-SIZE:12pt>This Agreement concerns litigation and licensing activitieswithrespecttoU.S.PatentNos.7,558,730,<font style=LETTER-SPACING:-0.15pt>7,949,534,</font><font style=LETTER-SPACING:-0.4pt>8,131,557,</font><font style=LETTER-SPACING:-0.25pt>8,498,871,</font>and<font style=LETTER-SPACING:-0.4pt>9,142,217 </font>((the&#147;Patents&#148;)andanypatentrightsrelatedtothePatents,includinganydivisional,continuation, continuation-in-part, reissue patent, reexamination certificate, or foreign counterpart of any such patentrightsthatisissuedormaybeissuedasaresultofanypatentapplication,reissueapplication or re-examination (the &#147;Patent Rights&#148;). Client is executing this Agreement for the purpose of retaining BJC to represent Client in connection with investigating and asserting claims, including the negotiation of license agreements and the filing and prosecution of lawsuits, against any potential infringers of the Patent Rights. Any such claim with respect to which litigation is filed is referred to herein as a &#147;Lawsuit.&#148; Any licensing agreement not relating to claims asserted in a Lawsuit will be referred to herein as a &#147;Licensing Agreement,&#148; and any negotiations for such a Licensing Agreement will be referred to herein as the &#147;LicensingNegotiations.&#148;</font></p> <p style='FONT-SIZE:12pt; FONT-FAMILY:"Times New Roman","serif"; MARGIN:0in 0in 0pt; TEXT-AUTOSPACE:'>&nbsp;</p> <p style='FONT-SIZE:11pt; FONT-FAMILY:"Times New Roman","serif"; TEXT-ALIGN:justify; MARGIN:0in 5.65pt 0pt 5pt; TEXT-AUTOSPACE:; TEXT-INDENT:0.5in'><b><font style="FONT-SIZE:12pt; LETTER-SPACING:-1.45pt">2.<font style='FONT:7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp; </font></font></b><b><font style=FONT-SIZE:12pt>Client&#146;s Patent Rights. </font></b><font style=FONT-SIZE:12pt>Client represents and warrants, to the best of its knowledge, that: (i) Client owns all rights and title to the Patent Rights; and (ii) that Client owns theexclusiverighttoenforceallrightsconcerningthePatentRights,including,withoutlimitation, the exclusive right to bring actions against others for infringement of the Patent Rights, to license and sublicense the Patent Rights, and to collect all royalties (past <font style=LETTER-SPACING:0.1pt>or </font>future), license fees, profits orotherrevenueorvaluableconsiderationtobepaidorexchangedbyanyoneelseforrightsinthe PatentRights.ClientagreestotimelypayallmaintenancefeesdueonthePatentRightsthatcome intoexistence.Clientrepresentsthatitisnotawareofanysecurityinterestinorclaimsofequitable titletothePatentRights.ClientagreesthatitwillnottransferorassignitsownershipofthePatent Rights or its rights to enforce the Patent Rights, including any authority to enforce those rights while this Agreement is in force without prior written notice to BJC.In the event Client proposes to transfer, license or assign its ownership or enforcement rights in the Patent Rights to another personorentity,theClientshallnotifyBJCinwritingpriortosuchtransfer,licenseorassignment, and any assignee must agree to assume Client&#146;s obligations under thisAgreement.</font></p> <p style='FONT-SIZE:12pt; FONT-FAMILY:"Times New Roman","serif"; MARGIN:0.55pt 0in 0pt; TEXT-AUTOSPACE:'>&nbsp;</p> <p style='FONT-SIZE:11pt; FONT-FAMILY:"Times New Roman","serif"; TEXT-ALIGN:justify; MARGIN:0in 5.7pt 0pt 5pt; TEXT-AUTOSPACE:; TEXT-INDENT:0.5in'><b><font style="FONT-SIZE:12pt; LETTER-SPACING:-1.45pt">3.<font style='FONT:7pt "Times New Roman"'>&nbsp;&nbsp;&nbsp;&nbsp; </font></font></b><b><font style=FONT-SIZE:12pt>Investigation and Initiation of Licensing Negotiations or Lawsuits. </font></b><font style=FONT-SIZE:12pt>Client and BJC will analyze the Patent Rights and the activities of other persons and will identify persons or entities that are potentially or actually infringing the Patent Rights. Client, with the assistance of BJC,mayconductLicensingNegotiationsforthepurposeofobtainingLicensingAgreementswith potential or actual infringers with respect to the Patent Rights. BJC, after consultation with and approvalofClient,mayfileLawsuitspursuingclaimsforinfringementofthePatentRightsagainst persons who refuse to enter into a Licensing Agreement or in advance of Licensing Negotiations if the Parties believe that doing so is in the