TRADEMARK ASSIGNMENT
Exhibit 10.10
TRADEMARK ASSIGNMENT
This Trademark Assignment is delivered pursuant to the Closing under that certain Purchase Agreement (the Agreement) dated as of December 18, 2003, between Aether Systems, Inc., as the Seller, and TSYS Acquisition Corp., as the Purchaser. Capitalized terms used in this Trademark Assignment have the same meanings given to them in the Agreement.
The Seller has delivered this instrument signed by the Seller to enable the Purchaser to file it with any appropriate governmental agency to indicate ownership of the Trademarks described below and for the other purposes set forth in this instrument. This instrument supplements and is in addition to all other rights of the Purchaser under the Agreement and other instruments of transfer delivered in connection with the Agreement.
For good and valuable consideration, receipt of which the Seller acknowledges, and by signing and delivering this instrument, the Seller sells, assigns, transfers, conveys, and delivers to the Purchaser all of the Sellers right, title, and interest in and to:
(a) the registered trademarks and applications for registration of trademarks specifically listed in Annex A to this Trademark Assignment; and
(b) the following properties and rights with respect to all trademarks and applications so listed in Annex A:
(1) all goodwill associated with the business related to the trademarks together with all rights to use, license and otherwise exploit the trademarks;
(2) any and all registered trademarks and trademark applications of the United States that have been or may be granted or filed, respectively, with respect to such trademarks;
(3) all foreign trademarks that may claim priority based on and correspond to the trademarks listed in Annex A;
(4) all income, royalties, damages, and payments hereafter due or payable to the Seller with respect to the trademarks, including without limitation unpaid damages and payments for past, present, and future infringements of any trademark;
(5) all rights in and under the trademarks to the fullest extent allowed by law as fully as the Seller would have held the same in the absence of this assignment; and
(6) all rights to sue and recover damages and payments for past, present, and future infringements or dilution of any of the trademarks, including the right to fully and entirely replace the Seller in all related matters.
This assignment is made in connection with the sale of the entire business to which the trademarks relate. As of the date set forth below, the Purchaser has succeeded to all right, title, and standing of the Seller to: (a) receive all rights and benefits pertaining to the trademarks and related rights described above, and (b) commence, prosecute, defend and settle all claims and take all actions that the Purchaser, in its sole discretion, may elect in relation to the trademarks described above. This Trademark Assignment (a) is irrevocable and effective upon the Sellers signature to and delivery of a manually signed copy of this instrument or facsimile or email transmission of the signature to this instrument in connection with the Closing, if and only if the Closing is completed, (b) benefits and binds the parties to the Agreement and
their respective successors and assignees, (c) does not modify or affect, and is subject to, the provisions of the Agreement, and (d) may be signed in counterparts as provided in Section 12.12 of the Agreement.
The undersigned has signed this Trademark Assignment on January 13, 2003.
Aether Systems, Inc.:
By: /s/ David S. Oros Name: David S. Oros Title: Chief Executive Officer
STATE OF MARYLAND
CITY OF BALTIMORE
On before me, Patricia C. Sweeting (the undersigned notary), personally appeared David S. Oros personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
WITNESS my hand and official seal.
[seal]
Notary Public
Annex A
TRADEMARK REGISTRATION # REGISTRATION DATE DATE OF FIRST USE OWNER/DIVISION(S) FOREIGN COUNTRIES REGISTERED SCOUTBUILDER (U.S.) 2,636,242 10/15/02 11/1/00 Aether Systems, Inc./EMS (n/a) SCOUTWEB (U.S.) 2,566,482 5/7/02 10/15/99 Aether Systems, Inc./EMS (n/a) SCOUTSYNC (U.S.) 2,475,193 8/7/01 6/18/99 Aether Systems, Inc./EMS (n/a) SCOUTIT (U.S.) 2,566,481 5/7/02 10/15/99 Aether Systems, Inc./EMS (n/a) E-MOBILE2 (U.S.) 2,608,451 8/20/02 5/1/99 LocusOne Communications, Inc./EMS (n/a) POCKETFUTURES2 (U.S.) 2,302,505 12/21/99 2/1/98 Mobeo, Inc./EMS (n/a) SCRAPPY PAGER2 (U.S.) 2,160,599 5/26/98 3/1/97 DocuPro, Inc./EMS (n/a) SCRAPPY2 (U.S.) 2,165,800 6/16/98 3/1/97 DocuPro, Inc./EMS (n/a) MOBEO2 (U.S.) 2,421,888 1/16/01 2/1/99 Mobeo, Inc./EMS (n/a) F/XTRA2 (U.S.) 2,396,120 10/17/00 7/1/99 Mobeo, Inc./EMS (n/a) LOCUSONE2 (U.S.) 2,133,377 1/27/98 12/1/96 LocusOne Communications, Inc./EMS (n/a) SILA Australia: 848621
EU (CTM): 1838234
Hong Kong: 15615,
15616,15617, 15618
Japan: 4514671
Norway: 215.292
Switzerland: 502.140 Australia: 6/18/2002
EU (CTM): 6/14/2002
Hong Kong: 11/29/2001
Japan: 10/19/2001
Norway: 8/8/2002
Switzerland: 8/29/2002 Sila Communications
Limited/EMS Australia, European
Union (CTM),
Hong Kong,
Japan, Norway,
Switzerland SILACOM Australia: 848622
EU (CTM): 1828424
Hong Kong: 15611,
15612, 15613, 15614
Indonesia: 501695
Japan: 4556855
Norway: 215.293
Switzerland: 502.141 Australia: 6/182002
EU (CTM): 6/14/2002
Hong Kong: 11/29/2002
Indonesia: 3/20/2002
Japan: 4/5/2002
Norway: 8/8/2002
Switzerland: 8/29/2002 Sila Communications
Limited/EMS Australia, European
Union (CTM),
Indonesia,
Hong Kong,
Japan, Norway,
Switzerland MOBIBROKER (CTM) 1614130 4/17/2000 Aether Technology Limited/EMS European Union (CTM) MOBITRADE (CTM) 1613520 4/17/2000 Aether Technology Limited/EMS European Union (CTM) MOBITRADER (CTM) 1614262 4/17/2000 Aether Technology Limited/EMS European Union (CTM) POCKET FUTURES
PAGER (stylized) (U.K.) 1453354 1/23/1991 Aether Technology Limited/EMS United Kingdom POCKET FUTURES
PAGER device (U.K) 2069214 4/19/1996 Aether Systems (UK) Limited/EMS United Kingdom AIRBROKER (service (U.S) 2,248,110 5/25/99 2/18/97 Aether Technologies/EMS (n/a)
TRADEMARK REGISTRATION # REGISTRATION DATE DATE OF FIRST USE OWNER/DIVISION(S) FOREIGN COUNTRIES mark) AIRBROKER
(trademark) (U.S.) 2,251,767 6/8/99 2/18/97 Aether Technologies/EMS (n/a) AERLEAD 2,730,597 6/24/03 9/30/01 Aether Systems, Inc./EMS COMMON LAW (NOT REGISTERED) MARKETSTREAM1 8/1/03 Aether Systems, Inc. 2/EMS 20/20 DELIVERY 78/257155 6/2/03 Aether Systems, Inc./EMS 20/20 FIELD SERVICE 78/260625 6/10/03 Aether Systems, Inc./EMS StepOne Aether Systems, Inc./EMS F/X ALERT registration expired DocuPro, Inc./EMS 2/03
1 Only used in UK and Europe
2 Assignment not recorded with PTO