OFFER TO PURCHASE INTELLECTUAL PROPERTY

OFFER TO PURCHASE

Offer to purchase Listing Medical Patent(s), US Exceptional Patent(s) or Eclectic Intellectual Property on Medical Patents Broker Inc.’s Website

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Before an offer to purchase or license is forwarded to the seller, the buyer shall execute a formal offer to the seller to purchase or license the desired Intellectual Property. Before the consummation of any sale or executed license agreement, MPB will temporarily hold the assignment(s) or license(s) of the Patent(s), Exceptional US Patent Applications or Eclectic Intellectual Property to be sold or licensed. The buyer’s funds to purchase the Patent or any initial Licensee payment to Licensor and MPB fees will be temporarily placed in the buyer’s sub-escrow account of a well-established large US bank. At the consummation of the sale or license agreement, the bill of sale, assignment(s) or license(s) will be transferred to the buyer and the escrowed funds, less MPB’s commission, will be transferred to the seller and/or licensor.

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