Liquidmetal Technologies Inc (LQMT)

[lqmtapple]

RE: licenses:

A license is an agreement by which the owner (the licensor) of something (in the case of the LinkedIn question, a trademark) grants, to someone else (the licensee), rights that are less that all of the rights to that thing. “Licensing 101“, and the download to which it refers, provide basic information about licensing.

A sublicense agreement is an agreement by which the licensee (as sublicensor) grants to someone else (as sublicensee) some of the licensee’s rights. If permitted by the original license agreement, there may be multiple tiers of sublicensees.

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There were parts of the MTA that were omitted for confidentiality reasons. Some of these terms could have been the sub-licensee rights. A sub license agreement does not necessarily extend all rights that the licensee has. It may only extend SOME of them.

The specific rights to the sublicensee that were described in detail in a previous post are very precise.

Nowhere in this data does it state that the sub licensee will not have to pay a royalty or that if they procure Engel machines, that there will not be a pass through from the sub-licensee to LMT.

Read: https://en.m.wikipedia.org/wiki/Royalties