Deal Summary
- Consideration: $25,000,000,000 USD
- Instrument: Developer’s License & Royalty Settlement
- Patents: US 10,205,986 B2; US 10,958,961 B2
- Scope: Worldwide rights to use patented technology
- Covenant Not to Sue: Applies to Buyer upon escrow completion
- Enforcement Focus: Seller will pursue other infringing parties
- Escrow: Payment and paperwork handled via Escrow.com
- Close Window: Target 14 days (adjustable by mutual consent)
Item Name & Description
Item Name:
Developer’s License and Patent Settlement – Gabriel De La Vega Jr.
Item Description:
This transaction is made in the name of Gabriel De La Vega Jr. and covers the sale and issuance of a Developer’s License under U.S. Patents 10,205,986 B2 and 10,958,961 B2. In exchange for the agreed payment of $25 billion USD, Gabriel De La Vega Jr. agrees not to pursue any patent invalidation or litigation against the Buyer related to these patents.
By completing this transaction, the Buyer secures a license to use the patented technology and ensures that Gabriel De La Vega Jr. will focus his patent enforcement efforts on other parties who have infringed or hold conflicting patents. This effectively removes the Buyer from any future litigation related to these patents and allows Gabriel De La Vega Jr. to use the funds to pursue other infringing parties.
- Quantity: 1
- Unit Price: 25,000,000,000.00 USD
- Escrow Fee: Buyer (recommended)
- Shipping: Not applicable (intangible rights/license)
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FAQ
How is this transaction finalized?
Payment and identity verification occur on Escrow.com. The Developer’s License & Settlement Agreement is executed upon funds clearing. Rights transfer and the covenant not to sue the Buyer are effective at closing.
Is any physical delivery required?
No. This is an intangible license and legal agreement. Delivery is by execution of documents and confirmation of rights.
Will my private address be public?
No. Identity and address information are used within Escrow.com for verification and are not published on this page.
Legal Notes & Disclaimers
- All terms are subject to the final executed Developer’s License & Settlement Agreement attached or referenced in the escrow transaction.
- The covenant not to sue applies to the Buyer following escrow completion and execution of the agreement.
- Nothing herein constitutes legal advice. Parties should consult counsel.
- Patent expiration timelines and jurisdictional issues may apply.