Re: BaNosser.. Milestone..
in response to
by
posted on
Nov 04, 2007 11:53AM
It says,
P-Newco(PDS)is SOLE OWNER, OF ALL RIGHT, TITLE, AND INTEREST...
Exactly what it says..
7.3 P-Newco represents and warrants to TPL that:
(a) It is the sole owner, and for the term of this Commercialization Agreement will remain the sole owner, of all right, title, and interest in and to those certain rights to the MSD Patents transferred by Patriot and TPL to P-Newco pursuant to the P-Newco License and T-Newco License;
corrections welcomed
you be well also
http://www.agoracom.com/ir/patriot/m...
which is not the same as,
I read this as PTSC, thru PDS, agrees to & grants TPL the priviledge to pursue and grant licenses.. PDS is like a Master Distributorship in merchandise (licensing).. and is granting TPL the..
right to grant licenses and sub-licenses of the Microprocessor Patents and to pursue claims against violators
I do not read this as PDS is the owner of the MMP patents..
but thru this agreement between TPL/Moore & PTSC,
PDS has granted TPL the privledge to pursue and license
jmo.. correction welcomed
http://www.agoracom.com/ir/patriot/messages/619195#message
I therefore still believe that PDS and/or the MMP Portfolio can be sold
should the price be right(50% going to PTSC and 50% going to TPL).
Be well