This Agreement is between The Johns Hopkins University, a corporation of the State of Maryland, acting
through its Applied Physics Laboratory having a place of business at 11100 Johns Hopkins Road, Laurel, MD
20723-6099 (hereinafter “JHU/APL”) and MIPSolutions, Inc., a Nevada corporation, having a place of business
at 1117 Desert Lane, Suite 1592, Las Vegas, NV 89102 (hereinafter “COMPANY”).
JHU/APL, by virtue of its role as a government contractor and educational institution, carries out
scientific and applied research and development through its staff and is committed to licensing JHU/APL
INTELLECTUAL PROPERTY (hereinafter defined) in a manner that will benefit the public by bringing the
results of that research and development into widespread use through the distribution of useful products and the
utilization of new processes, but is without capacity to commercially develop, manufacture, and distribute any
such product or processes itself.
During the course of internal research and development and research and development sponsored by the
United States Government, JHU/APL has developed certain valuable inventions, copyrighted matter, proprietary
technical information, know-how, show-how and/or trade secrets comprising the JHU/APL INTELLECTUAL
The Johns Hopkins University through JHU/APL has acquired or is entitled to acquire through
assignment or otherwise all right, title and interest, with the exception of certain retained rights by the United
States Government, in said valuable inventions, copyrighted matter, proprietary technical information, know-how,
show-how and/or trade secrets.
COMPANY desires to enter into a license agreement in order to commercially develop, manufacture,
use and distribute products and processes embodying the JHU/APL INTELLECTUAL PROPERTY throughout
NOW, THEREFORE, in consideration of the foregoing premises and the following mutual covenants,
and other good and valuable considerat