Transfer Agreement
This Agreement is made this 29th made of December, 1998, by and between
Rackspace, Ltd. (the "Partnership") and Xxxxxxx Xxx ("Xxx"), Xxxx
Xxxxxxxxx ("Xxxxxxxxx") and Xxx Xxxxxx ("Xxxxxx").
In consideration for the substantial benefits to be received by Yoo,
Elmendorf and Xxxxxx incident to the creation of the Partnership, and to
ensure that the Partnership receives all intellectual property relating to the
business conducted by Cymitar Technology Group, Inc. ("Cymitar"), the parties
agree as follows:
Yoo, Xxxxxx and Xxxxxxxxx hereby transfer and assign to the Partnership
any and all tradesecrets, rights, inventions, trade marks, copyrights and any
other intellectual property rights whatsoever they may own or have an interest
in which relates to the business conducted by Cymitar at any time previous to
the date of this Agreement or which relate to the Concept as such term is
defined in the Agreement of Limited Partnership of Rackspace, Ltd., except for
the tradesecrets, rights, inventions, trade marks, copyrights and other
intellectual property rights being transferred to Elmendorf pursuant to the
agreement attached hereto as Exhibit A.
/s/ Xxxxxxx Xxx /s/ Xxx Xxxxxx
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Xxxxxxx Xxx Xxx Xxxxxx
/s/ Xxxx Xxxxxxxxx Rackspace, Ltd.
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Xxxx Xxxxxxxxx By: Macroweb, LC
By: /s/ Xxxxxx Xxxxxx
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Its: member
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