2 paragraphs from press release. In first ``irrevocable``,``non-terminable``, and ``have made`` are of interest. Second paragraph talks of securing PTSC`s interest. Must they...or is this just poorly worded?
SAN DIEGO, Dec. 8 /PRNewswire-FirstCall/ -- Patriot Scientific Corporation (OTC Bulletin Board: PTSC - News) has learned of a license agreement dated June 28, 2004 between Intel Corporation and Charles H. Moore (Moore), TPL Micro Ltd. (TPL Micro) and Technology Properties Ltd. (TPL)(Moore, TPL Micro Ltd. and TPL are collectively the licensors). This agreement provides Intel with, among other things, a non-exclusive, irrevocable, non-terminable, worldwide license to make, have made, use, license, distribute and sell Intel products that practice the U.S. 5,809,336 Patent.
Intel has demonstrated a strong belief in the validity of the patents by entering into the license agreement, and the licensors recognize that they must secure ownership of PTSC`s interests or the license agreement may be set aside, and the pending litigation between PTSC and Intel would proceed in the United States District Court for the Northern District of California (case numbers C 03-5787 SBA and C 04-0439 SBA).