Liquidmetal Technologies Inc (LQMT)

[rige]

Inactive Member, it looks like Eontec sold ‘Da Farm’ to LQMT, or Li of Eontec sold the farm to Li of LQMT.
(Li has over 415 million reasons to do that)

If i’m reading the Parallel License Agreement correctly then LQMT has the Territorial rights to ANY and ALL (BMG/Mg/Al) imported Eontec products. So Eontec can only sell in LMT’s territorial market if royalties/profit sharing/commission payments are made to LQMT.

Going further, CE !!, when Eontec sells its own BMG using its own Process, that both have nothing to do with CIP, then LQMT can sell/supply/import that CE product and Apple can do nothing about it.

The restriction on CE are only on the CIP patents released to Eontec and those restriction are then reimposed/restated/reinforced back onto LQMT so Li can’t turn around and use those released CIP patents via LQMT. Loophole closed. But No restrictions are placed on Eontec IP.
(I had to add that last paragraph because of a certain dude that keeps claiming Eontec/LQMT/Li can’t produce any CE products)
https://www.lawinsider.com/contracts/1TmD56hFYcjaQd38UsAHRz/liquidmetal-tech/new-york/2016-03-14

1.8. “Eontec Licensed Patents” shall mean any and all Patents of Eontec or any Affiliate of Eontec in existence as of the Effective Date, including without limitation those listed in Appendix B, and those Patents of Eontec or any Affiliate thereof for any invention that is first created, conceived, or reduced to practice during the period beginning on the Effective Date and ending of the last day of the Joint Development Period.

1.10. “Eontec Licensed Technical Information” shall mean unpublished research and development information, unpatented inventions, know-how, trade secrets, and technical data now, or hereafter through the end of the Joint Development Period, in the possession of Eontec that are reasonably necessary or useful for using the Eontec Licensed Patents to produce LMT Licensed Products within the LMT Field, provided Eontec has the right to disclose such items to LMT.

2.2. Patent License Grant to LMT. Upon the terms and conditions set forth herein (including the termination provisions in Article 7 hereof) and subject to the Field of Use Restrictions, Eontec hereby grants to LMT a non-revocable, paid-up, royalty-free, perpetual license (or sublicense, as the case may be) to the Eontec Licensed Patents and Eontec Licensed Technical Information to make, have made, use, offer to sell, sell, export and import LMT Licensed Products within the LMT Field in the LMT Exclusive Territory and Non-Exclusive Territories. Such license shall be exclusive to LMT (including to the exclusion of Eontec and its Affiliates) in the LMT Exclusive Territory and shall be non-exclusive in the Non-Exclusive Territories. Notwithstanding the foregoing, nothing in this Agreement shall prohibit LMT from engaging in research or development activities in the Eontec Exclusive Territory.