ASSIGNMENT AND ASSUMPTION AGREEMENT
Reference is made to that certain Technology License Agreement dated
July 7, 1998 (the "License Agreement") between Articulate Systems, Inc.
("Articulate") and Dragon Systems, Inc. ("Dragon") pursuant to which Articulate
assigned all of its rights, duties and obligations under said agreement to
Fonix/ASI Corporation, a Utah corporation ("ASI"), on September 2, 1998.
Pursuant to Section 13.1 of the License Agreement: (a) ASI hereby assigns all of
its rights, duties and/or obligations under the License Agreement to Lernout &
Hauspie Speech Products N.V. or its designated subsidiary ("L&H"); and (b) L&H
or its designated subsidiary hereby agrees to assume all of ASI's rights, duties
and/or obligations under the License Agreement.
IN WITNESS WHEREOF, ASI and L&H or its designated subsidiary have
caused this Agreement to be executed under seal in multiple counterparts by
their duly authorized representatives.
FONIX/ASI CORPORATION
By:/s/
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Name: Xxxxxx X. Xxxxxxx
Title: President and Chief Executive Officer
LERNOUT & HAUSPIE SPEECH PRODUCTS N.V.
By:/s/
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Name: Xxxxxx Xxxxxxxxx
Title: President and Chief Executive Officer
Dated: September 1, 1999
