PATENT PURCHASE AGREEMENT
This PATENT PURCHASE AGREEMENT (this “ Agreement ”) is entered into, as of the Effective Date
(defined below), by and between Embedded Technologies, LLC, a Delaware limited liability company, with an
office at c/o InfoLogix, Inc., 101 E. County Line Road, Suite 210, Hatboro, PA 19040 (“ Seller ”) and
Intellectual Ventures Fund 68 LLC, a Nevada limited liability company, with an address at 7251 W Mead Blvd,
Ste. 300, Las Vegas, NV 89128 (“ Purchaser ”). The parties hereby agree as follows:
1.1 Seller is owner of record of US Patent 6,121,960 and South Korea Patent KR 10-0627378, entitled
“Touch Screen Systems and Methods, and Seller owns lapsed US provisional patent applications, and lapsed or
abandoned foreign patent applications, that correspond to said US and South Korean Patents.
1.2 Seller obtained ownership of the US and South Korean Patents and the lapsed and abandoned
applications by conveyances from VIA, Inc. of Burnsville, Minnesota, who was formerly the owner, and from
Community National Bank, who held a security interest in the properties of VIA, Inc., as a part of a court
approved plan by which VIA, Inc. emerged from bankruptcy in 2004.
1.3 Seller has disclosed Seller’s due diligence files and documentation on the patents and applications and
documentation on the bankruptcy of VIA, Inc. to Purchaser, insofar as documentation is available to Seller,
including documentation of Pre-bankruptcy Agreements (defined below) entered by VIA, Inc. or its
1.4 Seller wishes to sell to Purchaser all its right, title, and interest in such patents and applications and the
causes of action to sue for infringement thereof and other enforcement rights.
1.5 Purchaser wishes to purchase from Seller all right, title, and interest in the Assigned Patent Rights
(defined below), free and clear of any restrictions, liens, claims, and encumbran