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Poptech

02/15/14 8:32 AM

#301901 RE: Personalizit #301892

Person: That Scanbuy agreement was terminated by NeoMedia.

The best place to start reading an agreement is at the end. Who signed? The agreement for the MRF licenses was with Scanbuy, not MFR.

Additionally, just like NeoMedia terminated Scanbuy's royalty agreement, MFR can terminate Scanbuy's royalty agreement.

http://www.sec.gov/Archives/edgar/containers/fix052/1022701/000114420409053757/v163276_ex10-1.htm
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success622

02/15/14 11:38 AM

#301906 RE: Personalizit #301892

Exactly. Irrevocable: the key word here.