Nonexclusive Patent License and Settlement Agreement Sample Contracts

ASENTINEL, LLC NONEXCLUSIVE PATENT LICENSE AND SETTLEMENT AGREEMENT

Nonexclusive Patent License and Settlement Agreement • August 30th, 2011 • Veramark Technologies Inc • Services-prepackaged software • Tennessee

• Contract Type
  Nonexclusive Patent License and Settlement Agreement
• Filed
  August 30th, 2011
• Company
  Veramark Technologies Inc
• Industry
  Services-prepackaged software
• Jurisdiction
  Tennessee

THIS NONEXCLUSIVE PATENT LICENSE AND SETTLEMENT AGREEMENT (this “Agreement”), is made as of June 16, 2011 (“Effective Date”), between Asentinel LLC, a Tennessee limited liability company (“Asentinel”), and Veramark Technologies, Inc. (“Licensee”) a New York Corporation. As used herein, “Party” refers to either Licensee or Asentinel and “Parties” refers to Licensee and Asentinel collectively.