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Post by newyorkled2008 on Dec 19, 2012 9:33:22 GMT -5
DEBTORS’ SUPPLEMENTAL MOTION FOR AN ORDER AUTHORIZING (A) THE SALE OF PATENT ASSETS FREE AND CLEAR OF CLAIMS AND INTERESTS, (B) THE LICENSE OF PATENTS, (C) THE ASSUMPTION OF PATENT CROSS LICENSE AGREEMENTS WITH FUJIFILM AND (D) THE SETTLEMENT OF CLAIMS RELATED TO CERTAIN PATENTS
Docket 2612 - Multiple parts
Not at the KCC Site yet.
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Post by newyorkled2008 on Dec 19, 2012 9:36:17 GMT -5
Interesting item...BUT there's LOTs to read.
The Bidco DC/KISS Patent License Agreements
37. At the request of IV, and in part in exchange for the license fees that will be paid to Kodak by each consortium member, Kodak will, immediately prior to transferring the Assigned Assets to IV and Apple, grant to each of the consortium members a license under the Assigned Patents on the following material terms, such license pursuant to the Bidco DC/KISS Patent License Agreements to constitute a Permitted Encumbrance for the purposes of the Sale Agreement:
License Grant: Kodak will grant to each Licensee a non-transferable (except as otherwise provided), nonexclusive, non-sublicensable (except as otherwise provided), worldwide, fully paid-up license under the Assigned Patents to: (a) make, have made, use, import, sell, offer for sale or otherwise exploit, provide, distribute or dispose of products; (b) provide, use, offer to sell or sell services; and (c) practice and have practiced any method in connection therewith. Each Licensee may grant sublicenses to its affiliates.
Release. Kodak will grant to each Licensee a release for any claims for patent infringement under the Assigned Patents with respect to products and services directly or indirectly made, used, imported, leased, offered for sale, sold licensed or otherwise exploited, distributed or disposed of by such licensee or its affiliates prior to the effective date of the agreement. The release will extend to the direct and indirect resellers, distributors, end users and customers of each Licensee and its affiliates with respect to such products and services.
Assignment / Change of Control. Each Licensee may assign the agreement in certain circumstances. If the Licensee undergoes a change of control, the license will continue, but will not extend to any of such Licensee’s affiliates that were not affiliates prior to the change of control.
Divestments. Each Licensee may grant limited sublicenses to businesses that it divests in the future. Such sublicense will be restricted to products and services commercially released prior to such divestment and new versions thereof along with those and in development at the time of such divestment, and not to the products or services of any acquirer of such divested business.
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Post by newyorkled2008 on Dec 19, 2012 9:45:26 GMT -5
Part 4 of 7:
PATENT SALE AGREEMENT between EASTMAN KODAK COMPANY and INTELLECTUAL VENTURES FUND 83 LLC dated as of December 18, 2012
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Post by newyorkled2008 on Dec 19, 2012 9:48:04 GMT -5
Folks, that last item mentioned above, Part 4 of 7
details quite a bit regarding specific patents.
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Post by malignment on Dec 19, 2012 9:59:15 GMT -5
Page 48 of the part 4 of 7:
"Kodak may assign, delegate or transfer any of its rights or obligations under this Agreement to any of its Affiliates or to any purchaser or successor of interest of all or substantially all of the business of Kodak to which the Assigned Patents pertain or pertained or any succeeding entity upon consummation of a plan of reorganization or liquidation pursuant to Chapter 11"
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Post by newyorkled2008 on Dec 19, 2012 10:11:00 GMT -5
Sheesh!
Even Adobe is involved! Uggggghhhhhhhh
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Post by newyorkled2008 on Dec 19, 2012 10:11:49 GMT -5
Well matt, this is what I wanted.
Not Hearsay which is what it all was up until this point.
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Post by mglassma on Dec 19, 2012 10:12:47 GMT -5
NY-I highly doubt this is what you wanted.
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Post by plees on Dec 19, 2012 10:16:45 GMT -5
Major funds invested n Kodak will see through the tea leaves! So many lawyers worldwide are not about the sale of said patents fellows
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Post by malignment on Dec 19, 2012 10:18:00 GMT -5
It can't be or they spent what? 100 million of it on this crappy patent deal?
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Post by Admin on Dec 19, 2012 10:20:58 GMT -5
Yea it is comical at this point.
Spent 400 million to bring back 525 million.
What a fuckin joke this is.
Oh well, I take ownership that I a gullible asshole.
There you have it, a self admission.
SBG
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Post by newyorkled2008 on Dec 19, 2012 10:20:59 GMT -5
NY-I highly doubt this is what you wanted. No obviously not. You know what I meant Matt.
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Post by newyorkled2008 on Dec 19, 2012 10:22:04 GMT -5
Yea it is comical at this point. Spent 400 million to bring back 525 million. What a fuckin joke this is. Oh well, I take ownership that I a gullible asshole. There you have it, a self admission. SBG Somehow I doubt it buddy. There's still plenty we're not seeing yet. Gotta be.
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Post by forkodak on Dec 19, 2012 10:24:14 GMT -5
Kodak is in court today -- timing is interesting...
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Post by cswift71 on Dec 19, 2012 10:26:21 GMT -5
Kodak is in court today -- timing is interesting... I agree. Will be interesting to see why they chose today to announce this.
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Post by plees on Dec 19, 2012 10:27:26 GMT -5
SBG at least they sold rights before year end!!! No more paper clips to look at! And they get to keep their patents for their own use! Get ready for a year end release of projections
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Post by plees on Dec 19, 2012 10:29:32 GMT -5
SBG relax who's stock am I buying this morning? Thank you all
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