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Re: Knuckles42 post# 206296

Thursday, 03/19/2015 9:40:11 AM

Thursday, March 19, 2015 9:40:11 AM

Post# of 341686
Once AG "secures" the patent rights...THEY OWN THEM...in accordance with the specific terms of the contractual agreement with Tomassi...

The intellectual property (IP) rights of the Tomassi patent have been "assigned", as the USPTO calls it, to ERBB. For example, the patent rights can be performance based, meaning that certain guidelines must be met, or the contract will become null and void.

The "assigned" patent rights can be "exclusive", with NO competitors, it can be limited, with other companies being given the rights by Tomassi, and Tomassi surely has kept some rights for himself, as a back up in case AG fails and cannot perform;

So, unless someone can read the specific terms and agreements between AG and Robert Tomassi, one can only speculate what those specific terms are and/or how broad...or narrow their granted rights are...

Legally, according to the USPTO, Robert Tomassi will always be the patentee, and the name can never change on the patent application...

Hope this helps some... AJMHO, of course, FWIW...based on my limited knowledge of patents...