"June 1, 2014
EXECUTION COPY
PATENT LICENSE AND SETTLEMENT AGREEMENT
THIS AGREEMENT IS A PATENT LICENSE AND SETTLEMENT AGREEMENT (the “Agreement”), effective retroactively as of January 1, 2013 (the “Effective Date”) upon full execution by all Parties to this Agreement, by and among Samsung Electronics Co., Ltd., a corporation duly organized and existing under the laws of the Republic of Korea and having its principal office at (Maetan-dong),129 Samsung-ro, Yeongtong-gu Suwon-si, Gyeonggi-do, 443-742, Korea (“Samsung”), and InterDigital Technology Corporation, IPR Licensing, Inc., InterDigital Patent Holdings, Inc., PCMS Holdings, Inc., DRNC Holdings, Inc., IDLR Holdings, Inc., IDPA Holdings, Inc. and VIDSCALE, Inc. each Delaware corporations having a mailing address of 200 Bellevue Parkway, Suite 300, Wilmington, Delaware 19809 (individually and together, “InterDigital Group”), InterDigital Holdings, Inc., a corporation duly organized and existing under the laws of Delaware and having its principal office at 200 Bellevue Parkway, Suite 300, Wilmington, DE 19809 (“IHI”) and InterDigital Communications, Inc., a corporation duly organized and existing under the laws of Delaware and having its principal office at 781 Third Avenue, King of Prussia, PA 19406 (“ICI”) (IHI, ICI and InterDigital Group are referred to herein individually and collectively as “InterDigital”). Samsung and InterDigital are herein individually referenced as “Party” and collectively as “Parties.”
WHEREAS, as of the date the Agreement was executed by all Parties, InterDigital, Samsung, and certain of their Related Parties, were parties to a number of legal proceedings concerning, among other things, the alleged infringement of certain of the Licensed Patents by Samsung’s sales of Licensed Products, as well as claims and defenses relating to InterDigital’s licensing and standards-related conduct, including but not limited to allegations of anticompetitive conduct, violations of obligations to Standard Setting Organizations (“SSOs”) including IPR Policies of SSOs, claims of breach of contract, waiver, estoppel, patent misuse and implied license, among others;
WHEREAS, InterDigital owns or has the right to license the Licensed Patents (as defined herein) and is willing to grant a worldwide, non-exclusive license under the Licensed Patents on and subject to the terms set forth below; and
WHEREAS, Samsung desires to obtain such a license.
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, the Parties hereby agree as follows..."
(the rest of the agreement is pretty much redacted)
Click HERE for a PDF version of the document (2.22 MB, 49 pages): http://wirelessledger.com/931050-534998.pdf
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