The DisplayPort Patent Portfolio License provides coverage for the DisplayPort Standard to the extent posted here.
Each Licensor is under an obligation to grant to Via LA a worldwide, nonexclusive license under all DisplayPort Essential Patents that it and its Affiliates presently or in the future has the right to license or sublicense, enabling Via LA to grant worldwide, nonexclusive sublicenses under terms of the DisplayPort Patent Portfolio License.
The royalties payable under the License do not increase or decrease because of an increase or decrease in the number of DisplayPort Essential Patents or because of an increase or decrease in the prices of a Licensee's DisplayPort Royalty Products. Rather, they are the value of a license granted under the Patent Portfolio taking into consideration the commercial intention of the Licensors to facilitate adoption of the DisplayPort Standard and make available a pool license in which royalties are the same whether one or more patents is used. New Licensors and new patents are added at no additional cost during the current Term of the License.
While Licensors are under an obligation to grant to Via LA a worldwide, nonexclusive license under all DisplayPort Essential Patents that it and its Affiliates presently or in the future has the right to license or sublicense, enabling Via LA to grant worldwide, nonexclusive sublicenses under terms of the DisplayPort Patent Portfolio License, no assurance is or can be made that the License includes every essential patent. The purpose of the License is to offer a convenient licensing alternative to everyone on the same terms and to include as much essential intellectual property as possible for their convenience; however, participation in the License is voluntary on the part of essential patent holders.
Any party that believes it has patents which are essential to the DisplayPort Standard, and wishes to participate in the DisplayPort Patent Portfolio License upon successful evaluation, is invited to submit them for evaluation and inclusion. Please contact Via LA at firstname.lastname@example.org to request a copy of the submission procedures and the terms and conditions governing the submission of patents for essentiality determination in order to join the DisplayPort Licensing Program.
It is up to each user to determine its own licensing needs and how it wishes to meet them. The DisplayPort Patent Portfolio License is provided for a user's convenience in acquiring patent rights necessary for the DisplayPort Standard from multiple essential patent holders in a single transaction as an alternative to negotiating separate license agreements with individual Licensors. Users are free to negotiate directly with one or more Licensors for a separate license under one or more Essential Patents under independently negotiated terms, however. In addition, as discussed above, users who take Via LA's license may have to negotiate licenses for essential patents that are not included. A license also may be necessary for other important patents (that are not essential to the DisplayPort Standard).
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Royalties apply as defined in the License. Click here for information.