Exhibit 10.4
EXECUTION
SECURITY AGREEMENT SUPPLEMENT
This SECURITY AGREEMENT SUPPLEMENT, dated January 10, 2017, is delivered by the entities set forth on Schedule A hereof (collectively the “Grantors” and each a “Grantor”) pursuant to the Security Agreement, dated as of January 29, 2015 (as it may be from time to time amended, restated, modified or supplemented, the “Security Agreement”), among Marathon Patent Group, Inc., the Grantors and DBD Credit Funding LLC, as the Collateral Agent. Capitalized terms used herein not otherwise defined herein shall have the meanings ascribed thereto in the Security Agreement.
Each Grantor hereby grants and confirms the grant to Collateral Agent set forth in the Security Agreement of, and does hereby grant to Collateral Agent, a security interest in all of such Grantor’s right, title and interest in and to all Collateral owned by such Grantor to secure the Secured Obligations, in each case whether now or hereafter existing or in which such Grantor now has or hereafter acquires an interest and wherever the same may be located and specifically, without limitation, grants to the Collateral Agent a security interest in all of such Grantor’s right, title and interest in the Commercial Tort Claims referenced on the amended Schedule 4.5 to the Security Agreement. Each of the Grantors represent and warrant to Collateral Agent and each other Secured Party that the attached Supplements(1) to Schedules accurately and completely set forth all additional information required pursuant to the Security Agreement and hereby agrees that such Supplements to Schedules shall constitute part of the Schedules to the Security Agreement.
IN WITNESS WHEREOF, Grantors have caused this Security Agreement Supplement to be duly executed and delivered by its duly authorized officer as of the date written above.
[Signature Page Follows]
(1) Supplemental schedules to be attached
|
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Motheye Technologies, LLC |
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Synchronicity IP LLC |
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Traverse Technologies |
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Orthophoenix, LLC |
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Vermilion Participations(2) |
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Munitech IP Sarl |
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Marathon Ventures Sarl |
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Nyanza Properties(3) |
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Marathon IP GmbH |
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MedTech Development Deutschland GmbH |
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Synchronicity IP GmbH |
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TLI Communications GmbH |
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Magnus IP GmbH |
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3D Nanocolor Corp |
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Bismarck IP Inc. |
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By: Doug Croxall |
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Title: Chief Executive Officer |
(2) Name to be changed to Marathon Advisors SA
(3) Name to be changed to PG Technologies S.a.r.l.
SUPPLEMENTAL SCHEDULE 4.1
TO SECURITY AGREEMENT
GRANTOR CORPORATE INFORMATION
|
Full Legal Name |
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Name in the |
|
Type of |
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State of |
|
Jurisdiction where the |
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Motheye Technologies, LLC |
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MPGV-TX III, LLC |
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LLC |
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Texas |
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California |
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Sychronicity IP LLC |
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None |
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LLC |
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Texas |
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California |
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Traverse Technologies Corp. |
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TQP Acquisition Corp. |
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Corporation |
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Texas |
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California |
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Orthophoenix, LLC |
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None |
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LLC |
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Delaware |
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California |
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Vermilion Participations(4) |
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None |
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S.a.r.l |
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Luxembourg |
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California |
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Munitech IP S.a.r.l. |
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None |
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S.a.r.l |
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Luxembourg |
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California |
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Marathon Ventures S.a.r.l. |
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None |
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S.a.r.l |
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Luxembourg |
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California |
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Nyanza Properties(5) |
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None |
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S.a.r.l |
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Luxembourg |
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California |
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Marathon IP GmbH |
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None |
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GmbH |
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Germany |
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California |
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MedTech Development Deutschland Gmbh |
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None |
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Corporation |
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Germany |
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California |
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Sychronicity IP GmbH |
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None |
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Corporation |
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Germany |
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California |
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TLI Communications GmbH |
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None |
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Corporation |
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Germany |
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California |
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Magnus IP GmbH |
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None |
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GmbH |
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Germany |
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California |
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3D Nanocolor Corp. |
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None |
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Corporation |
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Delaware |
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California |
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Bismarck IP Inc. |
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None |
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Corporation |
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Delaware |
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California |
(4) Name to be changed to Marathon Advisors SA
(5) Name to be changed to PG Technologies S.a.r.l.
SUPPLEMENTAL SCHEDULE 4.2
TO SECURITY AGREEMENT
INVESTMENT RELATED PROPERTY
None
SUPPLEMENTAL SCHEDULE 4.3
TO SECURITY AGREEMENT
DESCRIPTION OF LETTERS OF CREDIT
None
SUPPLEMENTAL SCHEDULE 4.4
TO SECURITY AGREEMENT
INTELLECTUAL PROPERTY
|
Subsidiary |
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Defendant |
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Date of Executed SLA |
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Medtech |
|
JOLINE |
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10/26/16 |
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OrthoPhoenix |
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JOLINE |
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10/26/16 |
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TLI GMBH |
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Yahoo! Inc. |
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10/26/16 |
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TLI GMBH |
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Tumblr Inc. |
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10/26/16 |
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Magnus IP |
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Will Rossellini |
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09/29/16 |
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OrthoPhoenix |
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Osteofix, LLC |
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06/01/16 |
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Signal/Loopback |
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Kia Motors Corp |
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05/20/16 |
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Signal/Loopback |
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Hyundai Motor Company |
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05/20/16 |
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Medtech |
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Stryker Corporation |
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05/05/16 |
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OrthoPhoenix |
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Stryker Corporation |
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05/05/16 |
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Signal/Loopback |
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Nissan North America, Inc. |
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05/02/16 |
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Signal/Loopback |
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Mercedes-Benz USA |
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04/25/16 |
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OrthoPhoenix |
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Dfine, Inc |
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04/19/16 |
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Dynamic |
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Apple, Inc |
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04/18/16 |
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Signal/Loopback |
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Mazda Motor of America Inc |
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04/14/16 |
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OrthoPhoenix |
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Wright Medical Technology Inc. |
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04/05/16 |
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TLI Communications |
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Snapchat, Inc |
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04/04/16 |
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TLI GMBH |
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Snapchat, Inc |
|
04/04/16 |
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OrthoPhoenix |
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Globus Medical, Inc |
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03/31/16 |
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OrthoPhoenix |
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Neurotherm, Inc |
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03/31/16 |
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OrthoPhoenix |
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Maxxspine Limited |
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03/31/16 |
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Signal/Loopback |
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Ford Motor Company |
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03/17/16 |
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Signal/Loopback |
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Honda |
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03/17/16 |
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Signal/Loopback |
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Subaru of America, Inc |
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02/17/16 |
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OrthoPhoenix |
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Titanium2Bone, Inc (Maxxspine sub) |
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02/09/16 |
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OrthoPhoenix |
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Maxxspine Limited |
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12/31/15 |
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OrthoPhoenix |
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Globus Medical, Inc |
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12/31/15 |
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OrthoPhoenix |
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Neurotherm, Inc |
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12/31/15 |
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Signal/Loopback |
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Volkswagen Group of America, Inc. |
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12/15/15 |
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TLI Communications |
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Facebook, Inc |
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12/09/15 |
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TLI Communications |
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Twitter, Inc |
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12/09/15 |
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TLI Communications |
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|
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12/09/15 |
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TLI Communications |
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Dropbox |
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12/09/15 |
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TLI Communications |
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Samsung |
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12/09/15 |
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TLI GMBH |
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Facebook, Inc |
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12/09/15 |
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TLI GMBH |
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Twitter, Inc |
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12/09/15 |
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TLI GMBH |
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12/09/15 |
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TLI GMBH |
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Dropbox |
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12/09/15 |
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TLI GMBH |
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Samsung |
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12/09/15 |
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TLI GMBH |
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Google, Inc |
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12/04/15 |
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IP Liquidity |
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Schrader-Bridgeport International Inc. |
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11/15/15 |
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Selene |
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Trend Micro Incorporated |
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11/09/15 |
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Selene |
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Fluke Electronics/Netscout Systems |
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11/04/15 |
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OrthoPhoenix |
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Globus Medical, Inc |
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09/30/15 |
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OrthoPhoenix |
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Neurotherm, Inc |
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09/30/15 |
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IP Liquidity |
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TRW Automotive |
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09/23/15 |
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OrthoPhoenix |
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J&J/Deputy Synths Products, Inc |
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09/22/15 |
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OrthoPhoenix |
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Osseon LLC |
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09/17/15 |
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Sampo |
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Twitter, Inc |
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09/10/15 |
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OrthoPhoenix |
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J&J/Deputy Synths Products, Inc |
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09/01/15 |
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Clouding |
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ATT Corp |
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08/24/15 |
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TLI GMBH |
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Apple, Inc |
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08/17/15 |
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TLIF |
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Biomet, Inc. |
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08/12/15 |
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Signal/Loopback |
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Porsche Cars North America |
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08/03/15 |
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Cyberfone |
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Ricoh Company |
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07/14/15 |
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Signal/Loopback |
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Mitsubishi Motors North America |
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07/10/15 |
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Medtech |
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Maxxspine Limited |
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07/01/15 |
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OrthoPhoenix |
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Maxxspine Limited |
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07/01/15 |
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Selene |
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Thomson Reuters |
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05/26/15 |
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E2E |
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Nordstrom Inc |
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05/19/15 |
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Medtech |
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Direct Flow Medical |
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05/18/15 |
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E2E |
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Crocs, Inc |
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05/05/15 |
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E2E |
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Hallmark.com, LLC |
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05/04/15 |
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Medtech |
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Joimax GmbH |
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04/28/15 |
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OrthoPhoenix |
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Joimax GmbH |
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04/28/15 |
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Vantage |
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MediaTek USA Inc |
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04/09/15 |
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Vantage |
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Qualcomm Incorporated |
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04/03/15 |
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Sarif |
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Varian Medical Systems Inc |
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04/02/15 |
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Selene |
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EMC Corporaiton |
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04/01/15 |
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Signal/Loopback |
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Jaguar Land Rover North America LLC |
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04/01/15 |
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Vantage |
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Texas Instruments Inc |
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03/30/15 |
|
Vantage |
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Kyocera Communications Inc |
|
03/24/15 |
|
Clouding |
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Dropbox, Inc |
|
03/19/15 |
|
Vantage |
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Dropbox, Inc |
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03/18/15 |
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OrthoPhoenix |
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Ascendx Spine Inc |
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03/09/15 |
|
Selene |
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Reed Elsevier |
|
03/09/15 |
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Signal/Loopback |
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Volvo Cars of North |
|
02/27/15 |
|
Vantage |
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Amazon.com, Inc |
|
02/23/15 |
|
Vantage |
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Broadcom Corp |
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02/23/15 |
|
Vantage |
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HTC Corp |
|
02/23/15 |
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Vantage |
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Huawei Technologies |
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02/23/15 |
|
Vantage |
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Microsoft Corp. |
|
02/23/15 |
|
Vantage |
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NEC Corp |
|
02/23/15 |
|
Vantage |
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Samsung Electronics Co |
|
02/23/15 |
|
Vantage |
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Apple Inc |
|
02/23/15 |
|
Vantage |
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Panasonic Corp |
|
02/23/15 |
|
Vantage |
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Sharp Corp |
|
02/23/15 |
|
Vantage |
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Box, Inc |
|
02/23/15 |
|
Vantage |
|
Google Inc |
|
02/23/15 |
|
Vantage |
|
SugarSync, Inc |
|
02/10/15 |
|
Selene |
|
Alert Logic Inc |
|
01/29/15 |
|
Medtech |
|
Optimed Medizinische GmBH |
|
01/28/15 |
|
OrthoPhoenix |
|
Optimed Medizinische GmBH |
|
01/28/15 |
|
TLI Communications |
|
Smugmug, Inc |
|
01/14/15 |
|
Medtech |
|
Argomedical GmBH |
|
01/13/15 |
|
OrthoPhoenix |
|
Argomedical GmBH |
|
01/13/15 |
|
TLI Communications |
|
Photobucket.com, Inc |
|
01/13/15 |
|
Sarif |
|
Accuray Inc |
|
01/06/15 |
|
TLIF |
|
Alphatec Holdings, Inc |
|
01/02/15 |
|
TLI Communications |
|
WHI, Inc |
|
12/31/14 |
|
CRFD |
|
Akamai |
|
11/16/14 |
|
TLIF |
|
LDR Holding Corp |
|
11/14/14 |
|
Vantage |
|
Viewsonic |
|
11/14/14 |
|
Clouding |
|
CA Inc |
|
10/30/14 |
|
Selene |
|
Monster Worldwide |
|
10/29/14 |
|
Relay |
|
Adtran |
|
10/02/14 |
|
Clouding |
|
Amazon |
|
09/30/14 |
|
Clouding |
|
Citrix |
|
09/30/14 |
|
Clouding |
|
|
|
09/30/14 |
|
Clouding |
|
HP |
|
09/30/14 |
|
Clouding |
|
Rackspace |
|
09/30/14 |
|
Clouding |
|
SAP |
|
09/30/14 |
|
Clouding |
|
Verizon |
|
09/30/14 |
|
Selene |
|
Barracuda Networks, Inc. |
|
09/30/14 |
|
Selene |
|
Google Inc. |
|
09/30/14 |
|
Selene |
|
Hewlett-Packard Company |
|
09/30/14 |
|
Selene |
|
Juniper Networks, Inc. |
|
09/30/14 |
|
Selene |
|
LinkedIn Corporation |
|
09/30/14 |
|
Selene |
|
Extreme Networks, Inc. - Enterasys Networks, Inc. |
|
09/30/14 |
|
Selene |
|
McAfee Inc. |
|
09/30/14 |
|
Selene |
|
Oracle Corporation |
|
09/30/14 |
|
Selene |
|
Verizon Communications, Inc. |
|
09/30/14 |
|
Selene |
|
Dell Inc. |
|
09/30/14 |
|
Selene |
|
Rackspace US Inc. |
|
09/30/14 |
|
Selene |
|
Cisco Systems, Inc. |
|
09/30/14 |
|
Selene |
|
Riverbed Technology |
|
07/28/14 |
|
Cyberfone |
|
Toshiba |
|
07/15/14 |
|
Cyberfone |
|
Mitsubishi |
|
07/11/14 |
|
CRFD |
|
Limelight |
|
07/08/14 |
|
Sampo |
|
Tibco |
|
07/02/14 |
|
Sampo |
|
Intuit |
|
07/02/14 |
|
Selene |
|
Fortinet |
|
06/30/14 |
|
IP Liquidity |
|
Microsoft |
|
06/16/14 |
|
Cyberfone |
|
Konica Minolta |
|
06/09/14 |
|
CRFD |
|
Amazon |
|
05/06/14 |
|
CRFD |
|
Cox |
|
05/06/14 |
|
CRFD |
|
CSC/Cablevision |
|
05/06/14 |
|
CRFD |
|
DirecTV |
|
05/06/14 |
|
CRFD |
|
F5 Networks |
|
05/06/14 |
|
CRFD |
|
Time Warner |
|
05/06/14 |
|
CRFD |
|
Verizon |
|
05/06/14 |
|
Cyberfone |
|
Vizio |
|
04/21/14 |
|
Vantage |
|
WaCom |
|
04/10/14 |
|
Cyberfone |
|
UPS/Ingenico |
|
03/31/14 |
|
Relay |
|
Allied Telesis Holdings |
|
03/13/14 |
|
Relay |
|
Avaya, Inc |
|
03/13/14 |
|
Relay |
|
Bloomberg LP |
|
03/13/14 |
|
Relay |
|
Brocade |
|
03/13/14 |
|
Relay |
|
BT Group PLC |
|
03/13/14 |
|
Relay |
|
Cablevision/CSC Holdings |
|
03/13/14 |
|
Relay |
|
Cisco Systems, Inc |
|
03/13/14 |
|
Relay |
|
Enterasys Networks, Inc |
|
03/13/14 |
|
Relay |
|
Extreme Networks, Inc |
|
03/13/14 |
|
Relay |
|
Hewlett-Packard Company |
|
03/13/14 |
|
Relay |
|
Juniper Networks, Inc |
|
03/13/14 |
|
Relay |
|
Savvis Inc |
|
03/13/14 |
|
Relay |
|
Securities Industry Automation |
|
03/13/14 |
|
Relay |
|
Sprint Nextel Corporation |
|
03/13/14 |
|
Relay |
|
Thomsons Reuters Finance Company |
|
03/13/14 |
|
Relay |
|
BATS Trading, Inc |
|
03/13/14 |
|
Relay |
|
CBOE Holdings Inc |
|
03/13/14 |
|
Relay |
|
Direct Edge ECN LLC |
|
03/13/14 |
|
Relay |
|
Factset Research Systems, Inc |
|
03/13/14 |
|
Relay |
|
LEK Securities Corp |
|
03/13/14 |
|
Relay |
|
The Nasdaq OMX Group Inc |
|
03/13/14 |
|
Relay |
|
Trading Technologies International Inc |
|
03/13/14 |
|
Relay |
|
Transaction Network Services, Inc |
|
03/13/14 |
|
Sampo |
|
Blackboard |
|
03/13/14 |
|
Sampo |
|
Salesforce |
|
03/13/14 |
|
Sampo |
|
|
|
03/13/14 |
|
Sampo |
|
Ebay |
|
03/13/14 |
|
Sampo |
|
Amazon |
|
03/13/14 |
|
Sampo |
|
|
|
03/13/14 |
|
Relay |
|
Zhone |
|
12/22/13 |
|
Cyberfone |
|
Alcatel-Lucent |
|
12/11/13 |
|
Cyberfone |
|
Audiocodes |
|
12/10/13 |
|
Cyberfone |
|
Memorex |
|
10/30/13 |
|
Cyberfone |
|
Verifone |
|
10/29/13 |
|
Relay |
|
Huawei |
|
09/30/13 |
|
Cyberfone |
|
Nintendo |
|
09/11/13 |
|
Sampo |
|
Rally Dev |
|
08/08/13 |
|
Cyberfone |
|
ZTE |
|
07/23/13 |
|
Relay |
|
D-Link Corporation |
|
07/23/13 |
|
Sampo |
|
Hyperoffice |
|
07/17/13 |
|
Sampo |
|
Jive |
|
07/01/13 |
|
Cyberfone |
|
Equinox |
|
06/19/13 |
|
Cyberfone |
|
Denon |
|
05/20/13 |
|
Cyberfone |
|
Siemens |
|
05/06/13 |
SUPPLEMENTAL SCHEDULE 4.5
TO SECURITY AGREEMENT
COMMERCIAL TORT CLAIMS
Set forth below is a list of all current outstanding patent litigations:
|
Marathon Subsidiary |
|
Primary |
|
Defendant |
|
District |
|
Date of Complaint |
|
Clouding |
|
1-14-cv-01178 |
|
EMC Corp/VMware |
|
DED |
|
9/10/2014 |
|
CRFD Research |
|
14-cv-00315 |
|
Spotify |
|
DED |
|
3/7/2014 |
|
CRFD Research |
|
14-cv-00314 |
|
Netflix |
|
DED |
|
3/7/2014 |
|
CRFD Research |
|
14-cv-00313 |
|
Hulu |
|
DED |
|
3/7/2014 |
|
CRFD Research |
|
1-14-cv-00064 |
|
Dish |
|
DED |
|
1/17/2014 |
|
Medtech |
|
21 O 12841/14 |
|
ulrich GmbH & Co. KG |
|
Munich District Court |
|
7/4/2014 |
|
Medtech |
|
21 O 12838/14 |
|
SAM, G-21 s.r.l. |
|
Munich District Court |
|
7/4/2014 |
|
Medtech |
|
21 O 16081/14 |
|
SAM, G-21 s.r.l. |
|
Munich District Court |
|
7/4/2014 |
|
Signal |
|
2-15-cv-05162 |
|
Toyota North America, Inc. / Toyota Motor Sales, USA, Inc. |
|
CDCAL |
|
7/8/2015 |
|
Signal |
|
2-14-cv-13864 |
|
Fiat / Chrysler |
|
EDMI |
|
4/23/2014 |
|
TLI Communications GMBH |
|
7 O 20976/15 |
|
Box.com (UK) Ltd. |
|
Munich District Court |
|
11/12/2015 |
|
TLI Communications GMBH |
|
7 O 20528/15 |
|
Box, Inc |
|
Munich District Court |
|
11/12/2015 |