Replies to post #184999 on Liquidmetal Technologies Inc (LQMT)

[PatentGuy1]

Licensing is Article 2.

Article 2, entitled "PATENT LICENSE GRANT AND RELATED COVENANTS", uses the word "license" but says nothing with regard to any revenue or licensing fees for items produced by Eontec for export to the US.

Sales are mentioned in 2.1 and 2.2.

Section 2.1 is as follows:

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

https://www.sec.gov/Archives/edgar/data/1141240/000143774916027548/ex10-2.htm

Section 2.2 is as follows:

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.

Notwithstanding your assertion, sales are not mentioned in either 2.1 or 2.2.

You said, "According to our agreement with Eontec, if they hold a contract and produce for the US, sales go to LiquidMetal." (Post 184968, https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152686646) So, where is that in the PLA?