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Thursday, September 14, 2017 5:17:32 PM
The licenses granted under the License Agreement cover all fields of use and products other than consumer electronic products, watches and components thereof, certain luxury goods, and defense and munitions applications. The licenses are also limited by applicable any U.S. and China legal requirements or approval requirements.
-The “Licenses Granted” under the term “License Agreement” is regarding Eontec.
-"Consumer Electronic Products" exclusion of CIP cause Apple already licensed those rights.
-"Watches and components thereof" exclusion of CIP cause Swatch Group already licensed those rights.
-"Certain Luxury Goods" exclusion of CIP Cause LLPG already licensed those rights.
-"Defense and Munitions Applications" exclusion of CIP for obvious National Security Reasons.
Its clear that the restriction are on CIP IP, not Eontec IP.
So again, The above quote refers to certain LQMT IP granted to Eontec, Eontec being the Party receiving the Licenses,
as such there are No CE restrictions on Eontec IP cross licensed to LQMT/Li.
Do you really think Li would restrict use of his own IP after spending $64 million ?
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