- 11 - entitled “Memorandum Re: Unbundling of ERG”. Burton and Glendon executed a document entitled “Supplemental Memorandum Re: Unbundling of ERG (December 4, 1987)”. On December 5, 1987, Burton and Glendon executed a document entitled “Memorandum Re: Other Commitments made to WEM”.9 By letter dated March 18, 1988, ERG and NPI, through Burton, gave instructions to their patent counsel of the firm Townsend & Townsend to transfer certain patents, patent applications, and intellectual property to Glendon. The parties stipulated that on December 29, 1988, Glendon incorporated Aker Industries, Inc. (Aker).10 After July 1987, and during all periods relevant to these cases, Burton exercised almost sole control over the management and operations of ERG and NPI. On March 23, 1993, Glendon and his wife, Janet, filed a motion asking a California court to enforce the unbundling agreement as a settlement agreement. In response to a 1994 petition filed by Burton, the court ordered the parties to recommence arbitration. In 1994, arbitration proceedings recommenced. On June 7, 1995, a second interim arbitration 9Except as otherwise noted to the contrary, we refer to the documents executed by Burton and Glendon during mediation collectively as the “unbundling agreement”. 10On Feb. 29, 1988, Burton signed a City of Oakland Business Tax Declaration stating that ERG’s research and development division had been established as a new company, “Acker [sic] Industries”. However, Glendon testified that Aker was incorporated in July 1987.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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