"Appendix" [2017] ELECD 542; in Contreras, L. Jorge; Jacob, Meredith (eds), "Patent Pledges" (Edward Elgar Publishing, 2017) 323

Book Title: Patent Pledges

Editor(s): Contreras, L. Jorge; Jacob, Meredith

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781785362484

Section Title: Appendix

Number of pages: 14

Extract:

Appendix
TEXT OF SELECTED PATENT PLEDGES
1. Tesla Motors
2. IBM
3. Google
4. Myriad Genetics
5. Monsanto
6. Red Hat
7. Microsoft




323
324 Patent pledges

1. TESLA MOTORS
"All Our Patents Are Belong to You"
Elon Musk, CEO, Tesla Motors
June 12, 2014

Patent Pledge

On June 12, 2014, Tesla announced that it will not initiate patent lawsuits
against anyone who, in good faith, wants to use its technology. Tesla was
created to accelerate the advent of sustainable transport, and this policy is
intended to encourage the advancement of a common, rapidly-evolving
platform for electric vehicles, thereby benefiting Tesla, other companies
making electric vehicles, and the world. These guidelines provide further
detail as to how we are implementing this policy.

Tesla's Pledge

Tesla irrevocably pledges that it will not initiate a lawsuit against any
party for infringing a Tesla Patent through activity relating to electric
vehicles or related equipment for so long as such party is acting in good
faith. Key terms of the Pledge are explained below.

Definition of Key Terms

"Tesla Patents" means all patents owned now or in the future by Tesla
(other than a patent owned jointly with a third party or any patent that
Tesla later acquires that comes with an encumbrance that prevents it from
being subject to this Pledge). A list of Tesla Patents subject to the Pledge
will be maintained at the following URL: https://www.teslamotors.com/
about/legal#patent-list.

A party is "acting in good ...