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Intellectual Property Assignment and License Back Agreement

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Title:

Intellectual Property Assignment and License Back Agreement

Entities:

MicroStrategy Inc.

Date:

2000

Size:

Preview shows 2KB of 20KB total

Price:

$40

ID:

#1197402

► Licensing ► License-Back ► Intellectual Property Assignments & License-Back Agreements
► Technology ► Software & Programming

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                United States Intellectual Property Assignment

                          and License Back Agreement





      This United States  Intellectual  Property  Assignment  and License Back

Agreement   (the   "Agreement")   is   made  by  and   between   MicroStrategy

Incorporated,  a Delaware corporation ("MSTR"), and Strategy.com Incorporated,

a Delaware  corporation  ("SDC").  The effective date of this Agreement  shall

be the date last signed below (the "Effective Date").



                                   Recitals



     WHEREAS,  MicroStrategy Incorporated and certain of its subsidiaries desire

to realign their worldwide corporate structure in accordance with their separate

lines of business, the "Strategy.com Business" and the "MicroStrategy Business";

and



     WHEREAS,  the entities now enter into various  agreements  and make certain

mutual  promises as described in the "Agreement and Plan of  Reorganization"  by

and  among  MicroStrategy  Incorporated,  MicroStrategy  International  Limited,

MicroStrategy   International  II  Limited,   Strategy.com   Incorporated,   and

Strategy.com  International  Limited dated October 17, 2000 to effectuate  this

realignment and reorganization;



     WHEREAS,   MSTR  has  developed   the  suite  of  software   known  as  the

MicroStrategy   platform  and  other   technology   related  to  a  personalized

information network.



     WHEREAS,  MSTR has  agreed to assign  certain  United  States  intellectual

property rights to SDC, subject to a license from SDC to continue its activities

involving such intellectual property.



     NOW,  THEREFORE,  in  consideration of the premises set forth above and the

covenants set forth below,  and other  valuable  consideration,  the receipt and

sufficiency of which are hereby acknowledged, the parties agree as follows:





                                  Agreement



The parties agree to the following:





                                  Article 1.



1.    Definitions.



      As used herein, the following terms have the following meanings:



      1.1   "MSTR  Products"  means the  products of MSTR in  existence  or in

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