SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------
Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 28, 1998
3D SYSTEMS CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 0-22250 95-4431352
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
26081 Avenue Hall
Valencia, CA 91355
(Address of Principal Executive Offices)
(805) 295-5000
(Registrant's Telephone Number)
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ITEM 5. OTHER EVENTS
Reference is made to the press release of Registrant, issued on May 26,
1998, which contains information meeting the requirements of this Item 5, and
which is incorporated herein by this reference. A copy of this press release,
which references the Patent License Agreement (the "Agreement") dated
April 28, 1998 between Registrant and Sony Corporation, is attached to this
Form 8-K as Exhibit 99.1. A copy of the Agreement is attached to this
Form 8-K as Exhibit 10.1.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
June 5, 1998 3D SYSTEMS CORPORATION
By: /S/ A. Sidney Alpert
-------------------------------
A. Sidney Alpert
Vice President, General Counsel
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EXHIBIT INDEX
EXHIBITS PAGE NUMBER
- -------- -----------
10.1 Patent License Agreement dated April 28, 1998
between Registrant and Sony Corporation (PORTIONS
OF THIS EXHIBIT 10.1 HAVE BEEN OMITTED AND FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE
COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL
TREATMENT)
99.1 Press Release dated May 26, 1998
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EXHIBIT 99.1
3D SYSTEMS ANNOUNCES CROSS-LICENSE WITH SONY
VALENCIA, Calif., May 26, 1998 -- 3D Systems Corporation (Nasdaq-NMS:TDSC)
announced today that it has signed a patent cross-license agreement with Sony
Corporation.
Under the agreement, 3D Systems granted Sony a royalty-bearing license
under 3D Systems' patents to produce and sell stereolithography machines in the
Asia-Pacific area, while Sony granted to 3D Systems a royalty-free license
under Sony's patents to produce and sell both stereolithography machines and 3D
Systems' multi-jet modeling machine known as the "Actua[TM]" throughout the
world.
According to A. Sidney Alpert, 3D Systems' vice president and general
counsel, the cross-license agreement with Sony establishes the importance of 3D
Systems' patents to manufacturers of stereolithography machines in the Asia-
Pacific area. "Of the three principal manufacturers of stereolithography
machines utilizing 3D Systems' patents in Asia-Pacific," he said, "Sony has
been the first to recognize the value of our patents with the execution of this
cross-license agreement, by agreeing to a payment for past use of these patents
as well as an ongoing royalty, while granting royalty-free rights on a
worldwide basis to 3D Systems."
He noted that 3D Systems presently has a patent infringement action in
Japan against a principal infringer, Teijin Seiki Corporation. Mr. Alpert
added, "We intend to vigorously pursue infringers of our patents, not only in
the Asia-Pacific area, but on a worldwide basis. Our view is to limit the
granting of licenses to the Asia-Pacific area, while maintaining our right to
be the only practitioner of stereolithography in the rest of the world."
3D Systems Corporation manufactures rapid product development systems
that enable users to move from concept models to finished parts faster, at
lower cost, and at higher quality than traditional methods. 3D Systems'
equipment fabricates solid objects using digital input from CAD/CAM/CAE
computer systems, substantially reducing the time and costs of bringing new
products to market. Major applications include concept modeling, rapid
prototyping and rapid tooling for products in a wide range of industries
including automotive, aerospace, medical, electronic and consumer product
industries.
Except for the historical information contained in this news release,
the matters discussed include forward-looking statements that involve risks and
uncertainties, such as the timely development and acceptance of new products,
the impact of competitive products and pricing, and other risks detailed from
time to time in the company's SEC reports, including the Form 10-K.
###
For current investor information, please call 3D Systems' shareholder
communications service at 800.757.1799 or visit our Web site at
http://www.3dsystems.com.
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- ----------------------------------------------
Contact:
A. Sidney Alpert
Vice President, General Counsel
(805) 295-5600, Ext. 2215
Mary E. Woods
Investor Relations
(805) 295-5600, Ext. 2508
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EXHIBIT 10.1
PATENT LICENSE AGREEMENT
THIS PATENT LICENSE AGREEMENT ("Agreement") is made this 28th day of
April, 1998 (the "Effective Date") by and between 3D Systems, Inc., a
corporation organized and existing under the laws of the State of California,
U.S.A., and having an office at 26081 Avenue Hall, Valencia, California, U.S.A.
("3D"), and SONY CORPORATION, a corporation organized and existing under the
laws of Japan, and having an office at Tokyo International, P.O. Box 5100
Tokyo, 100-31 Japan ("SONY") (3D and SONY hereafter occasionally referred to as
"party" or "parties").
This Agreement is made with reference to the following:
A. The parties each own certain patent rights relating to
Stereolithography ("SL").
B. The parties, having examined the relative value to one another of
their respective relevant patent holdings and their respective levels of
technological effort, have found a present balance of value in favor of 3D. In
view of this finding, they have jointly concluded that their respective needs
and interests will be served by an exchange of licenses supplemented by payment
of certain royalties and a sum certain by SONY to 3D, all under the conditions
stated in the remainder of this Agreement.
THEREFORE, 3D and SONY agree as follows:
1. DEFINITIONS
-----------
1.1 The terms "Agreement" and "Effective Date" shall have the meanings
ascribed to them above.
1.2 "Affiliate" with respect to a party means any corporate or other
legal entity in which a party directly or indirectly owns or controls at least
forty percent (40%) of participating shares entitled to vote for the election
of directors, or forty percent (40%) of the equity interest having the power to
direct management policies.
1.3 "Cover" or "Covered" with respect to a patent and an apparatus or
method in question, shall mean that: (i) the act of making, using, offering to
sell or otherwise dispose of, selling or otherwise disposing of, or importing
the apparatus or method, if done without the authority of the patent owner,
would infringe at least one claim of the patent either literally or under the
doctrine of equivalents; or (ii) the apparatus or method falls within the scope
of at least one claim of the patent, either literally or under the doctrine of
equivalents; or (iii) the apparatus has no substantial non-infringing use in
that every substantial use falls within the scope of at least one claim of the
patent, either literally or under the doctrine of equivalents; or (iv) the
apparatus or method is made, used, offered for sale or for other disposition,
sold or otherwise disposed of, or imported, under such circumstances that, if
done without the authority of the patent owner,
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would induce one to infringe at least one claim of the patent either literally
or under the doctrine of equivalents.
1.4 "Patents" shall mean all patents owned or controlled by the parties
(including utility models and patents of addition) that contain a claim or
claims applicable to Stereolithography, and in the case of SONY's patents, also
applicable to Multi-Jet Modeling.
1.5 "Licensed Patents" of a granting party shall mean and include all
patents issued or issuing on patent applications filed prior to or during the
Term hereof (or any extension thereto), or filed subsequent thereto but
entitled to receive the benefit of a filing date prior to the end of the Term
(or extension).
1.6 "Licensed Products" shall mean any products of a party which are
covered by one or more Licensed Patents of the other party. Licensed Products
shall include spare parts and build materials provided with a product when
sold, and replacement parts sold thereafter. In the case of SONY, Licensed
Products shall not mean nor include products related to Multi-Jet Modeling.
1.7 "Net Sales Price" with respect to Licensed Products of SONY, shall
mean the cumulative amounts invoiced by SONY with respect to the sale or other
disposition of such Licensed Products, excluding: (i) any trade or cash
discounts actually taken; (ii) sales, excise or similar taxes, insurance and
shipping charges, to the extent such items are separately itemized on invoices;
and (iii) actual returns and refunds. Net Sales Price with respect to Licensed
Products sold to an Affiliate of SONY shall constitute such Affiliate's
cumulative amounts invoiced to subsequent purchasers of the Licensed Products.
Net Sales price shall include all charges made to a purchaser of a Licensed
Product invoiced by SONY, but shall not include charges for spare parts for
Licensed Products, up to revenues of $200,000 per year.
1.8 "Stereolithography" shall mean and include equipment, systems,
supplies and software utilized in the fabrication of three-dimensional objects,
layer-by-layer from photo-curable liquid materials.
1.9 "Multi-Jet Modeling" shall mean and include equipment, systems,
supplies and software utilized in the fabrication of three-dimensional objects,
layer-by-layer by deposition of jettable materials (currently being sold by 3D
under the trade name "Actua 2100").
2.0 "SONY Licensed Territory" shall mean and include Japan and the
countries of Oceania, Southeast Asia and Asia (excluding the countries
previously members of the U.S.S.R., India, Pakistan, and other countries
completely or primarily west of the Ural Mountains and main range of the
Caucasus Mountains).
2. GRANT OF LICENSE; RELEASE
-------------------------
2.1 3D hereby grants to SONY a personal, non-transferable, and
non-exclusive right and license under 3D's Licensed Patents to make, have made,
use, sell, lease or otherwise dispose of, Licensed Products in the SONY
Licensed Territory.
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2.2 The right and license granted to SONY in Section 2.1 shall not
include the right to directly or indirectly by implication, estoppel or
otherwise, sublicense another. The sale, lease or other disposition by SONY of
a Licensed Product shall not convey, by implication, estoppel or otherwise, to
the party to which the Licensed Product is sold, leased, or otherwise
transferred, any license or right under the Licensed Patents, except that:
2.2.1 Any such party may use, sell, lease or otherwise dispose of
the Licensed Product acquired alone provided that SONY is in compliance with
its payment and other obligations under this Agreement.
2.2.2 When a Licensed Product is incorporated by such party in
any product or system, such party may use, sell, lease or otherwise dispose of
such product or system to the same extent as may SONY.
2.2.3 Any end-user of a Licensed Product manufactured and sold in
accordance with this Agreement shall have the right to use such Licensed
Product for its intended use.
2.3 SONY hereby grants to 3D a personal, non-transferable, paid-up and
non-exclusive right and license and SONY's Licensed Patents to make, have made,
use, sell, lease, or otherwise dispose of, and import Licensed Products
throughout the world.
2.4 No right or license is granted herein, to SONY, 3D, or any third
party, by implication, estoppel or otherwise under any patent, patent
application or other patent right other than the Licensed Patents.
2.5 No right or license is granted, by implication, estoppel or
otherwise, other than those rights and licenses expressly granted in this
Agreement.
2.6 Each party hereby releases the other party and all purchasers and
users of Licensed Products acquired, mediately or immediately, from the
released party from any and all claims, demands, and rights of action which the
releasing party may have on account of any infringement of any Licensed Patent
by the manufacturer, use, sale or other disposition of Licensed Products which,
prior to the effective date of this Agreement, were manufactured, used, sold or
otherwise disposed of by the released party; provided, however, that 3D's grant
of release to SONY and purchasers therefrom is subject to the payment set forth
in Section 3.1.1 hereof.
3. LICENSE FEE AND ROYALTIES
-------------------------
3.1 In partial consideration for the rights and licenses granted to
SONY by 3D herein, SONY shall pay to 3D:
3.1.1 A non-refundable fee for the release granted in Section 2.6
hereof, to be paid within thirty (30) days after the Effective Date of this
Agreement, the amount of which shall be
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calculated by multiplying the Net Sales Price of Licensed Products manufactured,
used, sold or otherwise disposed of by SONY (or an Affiliate) between
October 5, 1990 and the Effective Date hereof, by ****.
3.1.2 A royalty on each and every Licensed Product that is sold,
leased or otherwise disposed of by SONY under license hereunder. The royalty
shall be **** of the Net Sales Price.
3.2 The obligation to pay a royalty with respect to a Licensed Product
shall arise at the time the Licensed Product is first sold, leased or otherwise
disposed of by SONY. A Licensed Product shall be deemed to have been sold,
leased or otherwise disposed of when it is first invoiced or shipped to a
customer, whichever comes first. It is understood by the parties that SONY
shall not receive any rights under Article 2 or otherwise as to a Licensed
Product, unless any royalty due therefor is paid by SONY as to such Licensed
Product.
3.3 If any Licensed Patent is held invalid or unenforceable by a court
or administrative agency of competent jurisdiction, then SONY shall have the
right to cease paying royalties on Licensed Products Covered only by such
patent and no others in the country of manufacture, use or sale. If such
Licensed Patent is subsequently held valid and/or enforceable, then SONY shall
pay any royalty that has not been paid and would have been paid, but for the
holding of such court or administrative agency plus interest at the rate of
five percent (5%) per annum compounded annually. With respect to any
unenforceable patent, SONY's right to cease paying royalties shall be operable
only to the extent that the unenforceability is applicable to SONY and only for
so long as the unenforceability is not cured. SONY agrees that if the validity
or enforceability of a Licensed Patent is not contested, whether by a third
party or by SONY, SONY will continue to pay any royalties that would otherwise
be due with respect to such patent pursuant to and in accordance with the terms
of this Agreement until such time as there is a determination of invalidity or
unenforceability with respect to such patent by a court or administrative
agency of competent jurisdiction, at which time SONY's obligation to pay
royalties shall be governed by this Section 3. If SONY ceases to pay any
royalties that would otherwise be due with respect to a Licensed Patent
pursuant to and in accordance with the terms of this Agreement prior to any
determination of invalidity or unenforceability, SONY shall be deemed to have
materially breached this Agreement and 3D shall be free to exercise the rights
provided in Section 6 below, including, but not limited to, the termination of
this Agreement.
4. REPORTS AND PAYMENTS
--------------------
4.1 During the Term of this Agreement, within thirty (30) days after
the end of each calendar quarter following the Effective Date of this
Agreement, SONY shall send to 3D a written statement identifying the Licensed
Products for which royalties are payable for such period and
- ---------------------
**** - CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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showing the total number of such Licensed Products sold, leased or
otherwise disposed of by SONY during such period and the amount of
royalties due and payable thereon, including the calculations used by SONY
to determine said amount. The written statements furnished to 3D by SONY
shall be maintained in confidence by 3D. Within fifteen (15) days after
the statement to be furnished to 3D, SONY shall pay to 3D the full amount
of royalties shown thereon to be due.
4.2 Royalty and other payments shall be paid in U.S. Dollars in the
United States at the rate of exchange of authorized foreign exchange bankers in
Japan for transfer to the United States on the date on which payments are made
pursuant to this Agreement, without deduction for taxes, assessments, or other
charges of any kind or description, except that income taxes imposed by the
Government of Japan on amounts payable to 3D hereunder may be deducted to the
extent that such taxes are allowable as a direct credit to 3D against United
States income taxes levied on such amounts.
4.3 Licensee shall keep full, clear and accurate records with respect
to all Licensed Products sold, leased or otherwise disposed of hereunder in
sufficient detail to enable 3D to determine the amounts of royalties that are
due and payable hereunder. 3D shall have the right, at its own expense, but
not more than once during each year of the Term of this Agreement, and through
its accredited independent representatives (who shall be certified public
accountants or the foreign equivalent thereof) to examine and audit the books
and records of SONY to the extent reasonably required to verify the statements
to be furnished to 3D pursuant to Section 4. If any audit uncovers an error in
an amount of an underpayment in excess of five percent (5%) for the period of
the audit, or that an error in underpayment was not inadvertent, then SONY
shall pay all costs and expenses of such audit and interest at the rate of ten
percent (10%) per annum compounded annually on any underpayment from the date
it was due; but in no event shall such rate exceed the lawful applicable rate.
In connection with any audit, all SONY confidential information shall be
retained in confidence and 3D's independent representatives shall not disclose
to 3D information regarding customer identities or other confidential
information of SONY not reasonably necessary to evaluate the results of the
audit.
5. FAVORED NATIONS
---------------
****
6. TERM AND TERMINATION
--------------------
6.1 This Agreement shall commence on the Effective Date and shall
extend for **** (the "Term"), unless terminated as provided herein. The Term
shall automatically extend for additional periods of ****, subject to the right
of either party to discontinue upon notice given to the other party at least
two (2) months prior to the expiration of the initial Term or any extension
thereof.
- -----------------------
**** - CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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6.2 Either party shall have the right to terminate this Agreement, or
the rights granted by its hereunder, as a result of the other party's material
breach. The party claiming breach of the Agreement shall give the other party
written notice of the breach, specifying the nature thereof, and the other
party shall have thirty (30) days after such notice to cure such breach. Upon
the failure of the party in breach to cure the breach within the thirty (30)
day period, the other party shall have the right to terminate this Agreement by
giving written notice of termination. This Agreement shall terminate effective
on the date set forth in the termination notice. The right of a party to
terminate this Agreement for material breach shall be in addition to and not in
lieu of any other right or remedy that the terminating party may have at law or
in equity, including without limitation, the right to sue a breaching party for
any prior breach of the Agreement, or for breach of the whole Agreement or any
unperformed balance thereof.
6.3 Unless impermissible under the applicable laws as of the date that
written notice of termination is given, either party shall have the right to
terminate this Agreement, or the rights granted by it hereunder, by giving
the other party written notice of a termination as a result of such other
party being for more than sixty (60) days the subject of any voluntary or
involuntary proceeding relating to bankruptcy, insolvency, liquidation,
receivership, or assignment for the benefit of creditors. This Agreement
shall terminate effective on the date set forth in the termination notice.
6.4 On the effective date of any termination, cancellation or
expiration of this Agreement, the rights and licenses granted herein shall
terminate.
6.5 SONY's obligation to make the royalty payments specified in Section
4 for Licensed Products sold, leased or otherwise disposed of prior to the
effective date of any termination, cancellation or expiration of this Agreement
shall survive any such termination, cancellation or expiration. After any
termination, cancellation or expiration of this Agreement, 3D shall have no
obligation to refund any money paid to 3D under this Agreement.
6.6 Neither party shall be liable for damages of any kind as a result
of properly exercising its respective right to terminate or cancel this
Agreement, or rights granted hereunder, according to the terms and conditions
of this Agreement, and termination or cancellation will not affect any other
right or remedy of either party.
6.7 Any confidentiality obligations imposed on the parties under this
Agreement shall survive any termination, cancellation or expiration of this
Agreement.
7. GENERAL PROVISIONS
------------------
7.1 CONFIDENTIALITY OF AGREEMENT. The parties agree that this
Agreement and the terms of this Agreement are to be strictly confidential, and
neither party shall disclose this Agreement or anything with respect to the
terms of this Agreement, to any third party except: (i) to legal counsel; (ii)
to auditors; (iii) to the extent, if any, required by law (e.g., a governmental
filing); (iv) in accordance with the terms of a protective or other order duly
entered in a legal proceeding; or (v) with the prior written consent of the
other party. If disclosure of this Agreement or the terms and conditions
thereof is required to be made in a governmental filing (e.g., a filing with
the Securities and Exchange Commission), the other party shall be notified of
that fact at least
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thirty (30) days prior to any such disclosure, and if requested by such
other party within twenty (20) days of receipt of such notice, the
disclosing party shall request confidential treatment of the terms and
conditions of this Agreement and use its best efforts to ensure that
confidential treatment is so afforded to such terms and conditions, as may
be permitted under the rules of the applicable governmental agency.
7.2 GOVERNING LAW AND DISPUTE RESOLUTION. This Agreement shall be
governed and interpreted in accordance with the substantive laws of the State
of California, U.S.A., irrespective of any choice of law rules in the State of
California, or in any other jurisdiction. The parties agree that any action
for relief based in whole or in part on this Agreement (or the breach thereof)
or otherwise relating in whole or in part to this Agreement shall be filed in,
and the parties consent to personal jurisdiction and venue in, the U.S. Federal
and State courts closest to the above-identified place of business of 3D in
Valencia, California, having subject matter jurisdiction over such action.
In any such action between the parties, the prevailing party shall be
entitled to recover (in addition to any other relief awarded or granted)
its reasonable costs and expenses (including attorneys' fees) incurred in
the proceeding.
7.3 ASSIGNABILITY. 3D may assign this Agreement and its rights and
obligations hereunder to any third party. This Agreement and the rights and
obligations of SONY hereunder may be assigned by SONY only to a purchaser of
the entire business or all the assets of Licensee to which this Agreement
pertains (regardless of the form of the sale of such businesses or assets).
Notwithstanding the foregoing, with respect to any assignment by SONY, the
assignee shall not be released or otherwise relieved of any liability for
infringements occurring prior to the date of the assignment. Except as
expressly provided herein, neither this Agreement nor the rights or obligations
of either party under this Agreement may be assigned to a third party without
the prior written approval of the other party hereto (and any such assignment
shall be null and void).
7.4 NOTICES. All notices provided for in this Agreement shall be
effective when they are received by personal delivery, telecopier or telex, or
one business day after they are received by courier or by registered or
certified airmail at the following address:
If to 3D:
Vice President, General Counsel
3D Systems, Inc.
26081 Avenue Hall
Valencia, CA 91355 U.S.A.
Telecopier: (805) 294-7966
If to SONY:
SONY CORPORATION
Tokyo International
P.O. Box 5100
Tokyo, 100-31 Japan
Telecopier: 011 81 3 5448 5706
or such other address as either party shall hereafter designate in writing to
the other.
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7.5 INVALIDITY OF PROVISION. If any of the provisions of this
Agreement shall be held by a court or administrative agency of competent
jurisdiction to contravene the laws of any country, it is agreed that such
invalidity or illegality should not invalidate the whole Agreement, but this
Agreement shall be construed as if it did not contain the provision or
provisions held to be invalid or illegal in the particular jurisdiction
concerned, and insofar as such construction does not affect the substance of
this Agreement and the rights and obligations of the parties hereto, it shall
be construed and enforced accordingly. In the event, however, that such
invalidity or illegality shall substantially alter the relationship between the
parties hereto, affecting adversely the interest of either party, then the
parties hereto shall negotiate a mutually acceptable alternative provision not
conflicting with such laws.
7.6 ENTIRE AGREEMENT, AMENDMENTS, WAIVERS. This Agreement represents
the entire understanding and agreement between the parties hereto with respect
to the subject matter hereof, and supersedes all prior and contemporaneous
negotiations, representations and agreements made by and between such parties.
The parties acknowledge that they have not relied upon any representation
whatsoever of the other which is not contained in this Agreement. There are no
understandings, obligations, representations or warranties except as herein
provided for and no rights are granted except as expressly set forth in this
Agreement. Any waiver by either party of the breach or default of any of the
terms or conditions of this Agreement by the other party will not be considered
as a continuing waiver or a waiver of any other prior, contemporaneous or
subsequent breach or default, whether the same as or similar to or different
from, the breach or default waived. No alteration, amendment, variation,
supplementation, modification or waiver of any of the terms or provisions of
this Agreement shall be binding or effective for any purpose unless made
pursuant to an instrument in writing signed by 3D and SONY.
7.7 REPRESENTATIONS AND WARRANTIES. Each of the parties represents and
warrants that: It has not accepted and will not accept any commitments or
restrictions in respect to its right to grant licenses which will materially
affect the value of the rights granted by it in this Agreement.
7.8 Nothing in this Agreement shall be construed as:
7.8.1 A warranty or representation by either party as to the
validity or scope of any Licensed Patent; or
7.8.2 A warranty or representation that anything made, used, sold
or otherwise disposed of under any license granted in this Agreement is or will
be free from infringement of patents of third persons; or
7.8.3 A requirement that either party shall file any patent
application, secure any patent, or maintain any patent in force; or
7.8.4 An obligation to bring or prosecute actions or suits
against third parties for infringement of any patent; or
7.8.5 An obligation to furnish any manufacturing or technical
information, or any information concerning pending patent applications; or
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7.8.6 Conferring a right to use in advertising, publicity, or
otherwise any trademark or tradename of the party from which a license is
received under the Agreement; or
7.9 Neither party makes any representations, extends any warranties of
any kind, either express or implied, or assumes any responsibilities whatever
with respect to use, sale, or other disposition by the other party or its
vendees or transferees of products incorporating or made by use of inventions
licensed under this Agreement.
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IN WITNESS WHEREOF, each of the parties has caused this Agreement to be
executed and duly sealed in duplicate originals by its duly authorized
representative.
3D SYSTEMS, INC.
By /S/ A. Sidney Alpert
-------------------------------------
A. Sidney Alpert
Vice President, General Counsel
Attest:
/S/ Brenda L. Webb
- -----------------------------
SONY CORPORATION
By /S/ Kenichiro Yonezawa
------------------------------------
Kenichiro Yonezawa
Senior General Manager
Legal & Intellectual Property Division
Attest:
- -----------------------------
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