I didn't know....or maybe I forgot....that Gil came from or had something to do with Attila....interesting
anyway....some of the terms of our deal with Attila
Found by GBR
Objective: InterDigital and Attila both desire a collaborative and mutually beneficial relationship that will help promote and standardize multi-network communications capabilities, and bring to market the intellectual property and software initially developed by Attila, and jointly enhanced and licensed by both parties as provided herein. Relationship Structure: To accomplish the above Objective, InterDigital and Attila will enter into a relationship defined by the following three relationship elements: 1. Equity Investment in Attila- InterDigital will take an initial equity stake in Attila, with an option to increase this equity ownership later. 2. Technology License & Transfer- Attila will license to InterDigital the rights to produce a standards based product as part of a joint collaborative effort between the two companies. In exchange for license payments and additional ownership of this effort, Attila will provide to InterDigital dedicated senior engineering capabilities to support technology transfer, standardization efforts, and commercialization. 3. Joint Collaborative Products- Both companies will contribute resources toward the creation of products that will leverage multi-network communications capabilities. These products may include an Android multi-network communications client, a Windows CE multi-network communications client, or other products or product components. In addition, both companies will make available to each other separately developed products for inclusion in each others portfolios at commercially agreeable terms. The proposed terms for each of the three relationship elements are as follows: 1) Equity Investment in Attila a. InterDigital will pay the sum of $1M and receive a 12% ownership in the company as well as obtain a seat on the Board of Attila. b. InterDigital will be granted the right of first Refusal to acquire Attila within a 12 month period, after signing the agreement. 2) Technology License & Transfer a. Attila will transfer technology, and both companies will jointly collaborate to produce a standards-based design and implementation derived from Attilas Intellectual Property and implementation of the DPCC technology. b. InterDigital will pay Attila an initial sum of $500,000 for the license and transfer of the Attila technology (software) for the purpose of producing a standards based product, and progress payments of $250,000 on each of the first and second anniversaries of the agreement to increase InterDigitals share in the revenue rights for those products, and for an additional year of dedicated senior level engineering support as follows: i. 2009: Initial $500,000- InterDigital gets 65% of revenue on the standards based product plus the first year of dedicated senior engineering support. ii. 2010: Next $250,000- InterDigital gets an additional 10% for a total of 75% revenue split on the standards based product plus an addition one year of dedicated senior engineering support. iii. 2011: Next $250,000- InterDigital gets an additional 10% for a total of 85% revenue split on the standards based product plus an additional one year of dedicated senior engineering support. iv. InterDigital may accelerate the payments at any time in the first two years to obtain the 85%/15% revenue split on the standards based product. c. Attila will transfer all software, documentation, and knowledge to the effort, and will dedicate the equivalent of one fulltime senior engineer as indicated above to support the technology transfer, software training, standardization effort support, and commercialization efforts as requested by InterDigital. d. Attila will develop adequate, industry standard documentation for all aspects of the intellectual property and associated code base, and provide this documentation to InterDigital within three months of the signing of this agreement. e. Attila will provide training to InterDigital as part of the transfer effort, and will make available all methods, techniques, and test facilities including the development and test environment. f. Standards based products will mean products that employ a method adopted by a standards body for aggregating capacity/capability of different access technologies. g. The resulting collaborative effort will be the exclusive entity to modify and commercialize (make, use, sell) the standards based product. 3) Joint Collaborative Products a. Both companies will contribute resources toward the creation of products that will leverage multi-network communications capabilities. These products may include an Android multi-network communications client, a Windows CE multi-network communications client, or other products or product components to be defined. Each companys share in these co-developed products will be defined by their contribution toward the intellectual property, co-development, marketing, and sales contributions. b. Attila will make available to InterDigital non-standard versions of the Attila MNC Mobile Router, DPCC software and SDK (Software Development Kit), and other products for resale and sub-licensing at best available commercial prices. Likewise, InterDigital will make available to Attila products and services that may enhance the Attila portfolio under similar conditions. 4) Miscellaneous a. Attila will be free to make, use, and sell non-standards based products, including the Attila MNC (Multi-Network Communication) Mobile Router, DPCC Software and Software Development Kit, and related capabilities. This anticipated relationship with InterDigital is not intended to limit Attilas use of our technology or software, who we can license or sell our technology, software, or products to, nor undermine the competitive advantage that Attila may have. b. Best commercial pricing will be made available to Attila for the licensing of standards based products created jointly and as part of this agreement. This will allow Attila to offer our MNC Mobile Router, and other Attila products in a standards based configuration and at a commercially competitive price. c. Intellectual property generated by each party separately, and not part of a collaborative effort will be owned solely by that party. d. Attila retains the right to enforce our Intellectual Property rights granted for our existing and future patents that are owned solely by Attila. e. Attila is free to seek additional funding from other entities. f. Attila or Stevens and InterDigital will issue a joint press release upon signing of a definitive binding agreement.
http://stealthserver01.ece.stevens-tech.edu/fileinfo?filename=4367
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