Exhibit 10.18
Assignment, dated
February 16, 2005, of OnScreenTM technology
patents ownership from CH Capital, Inc. to Company.
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ASSIGNMENT OF ONSCREEN TECHNOLOGY
WHEREAS, CH CAPITAL, INC. (hereinafter
together with its successors and assigns
referred to as "the Assignor"), a
California Partnership, located at 2414
Southview Drive, Alamo, California, being
the owner of the inventions
(hereinafter referred to as "said
inventions") disclosed in the application for
Letters Patent of the United States
described as:
1.
Provisional U.S. Patent application
Serial No. 60/405,826 filed August 26, 2002;
2.
U.S.
Serial No. 10/625,185 filed July 23, 2003, and entitled
"ELECTRONIC ASSEMBLY I SYSTEM WITH REDUCED COST, MASS, AND
VOLUME
AND INCREASED EFFICIENCY AND POWER DENSITY" and based on above
Provisional application;
3.
U.S.
Serial No. 10/722,672 filed 11/28/2003, a continuation-in-part
of above Serial No. 10/625,185; and
4.
Application PCTIUS03/25913 based on above Serial No. 10/625,185
and
claiming priority date August 26, 2002.
WHEREAS, OnScreen Technologies (hereinafter
together with its successors and
assigns referred to as "the Assignee"), a
Florida corporation, having.a place of
business at 200 91" Avenue N., Suite 210,
Safety Harbor, Florida is desirous of
obtaining all right, title and interest in,
to and under said inventions and
said applications.
NOW, THEREFORE, for the payment of two
hundred thousand dollars and no cents
($200,000.00), the receipt and sufficiency
of which the Assignor hereby
acknowledges, the Assignor has sold,
assigned, transferred and set over, and by
these presents hereby sells, assigns,
transfers and sets over to the Assignee
all right, title and interest in, to and
under said inventions and said
applications, including the right to apply
for any Letters Patent of the United
States of America and in any and all
forei
