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Meeting of the New Maryland Local Chapter

February 23, 2005
at
Johns Hopkins University, Montgomery County Campus
Academic and Research Building, Room 106
Rockville, MD 20850

5:30 - 8:30 pm

We are delighted to have Mr. Joseph Braido, III share his insight in regard to "Licensing Compliance-- Lessons from the Real World". Learn about the issues relating to such topics as the preparation the "Net Sales" Paragraph in a License Agreement for unequivocal calculation of royalty payments. In many cases the negotiator of License Agreements have moved on or simply cannot remember by the time the technology begins producing revenues the intent regarding some of the language finally agreed upon. Join us and learn how to decrease the age-old problem of business development rhetoric interpretation of by accountants.

This fifth meeting of the New LES Maryland Local Chapter will be held on the evening of February 23, 2005.

Topic:"Licensing Compliance -- Lessons from the Real World"

Speaker Introduction:
Joseph Braido - Director, Licensing Management Practice of PricewaterhouseCoopers LLP

Mr. Braido has been with PwC for over 13 years and is resident in the firm's Florham Park, NJ office. He is part of PwC's Licensing Management team that assists companies with developing a proactive approach to licensing management and has extensive experience assisting clients with licensing management matters, including: the development of licensing compliance programs; performing examinations on behalf of licensors to ensure compliance with financial terms and conditions; drafting appropriate royalty and financial provisions in agreements; and dispute resolution.

His experience also includes assisting law firms and corporate clients in financial analysis and damages calculations in various litigation matters, including forensic accounting, fraud investigations, contractual disputes, breach of contract and intellectual property.

Joe is a CPA and has an MBA in Finance. He is a member of the AICPA, PICPA and LES.

Date/Time:
Wednesday, February 23, 2005
5:30 pm - 8:30 pm

Location:
Johns Hopkins University, Montgomery County Campus
9601 Medical Center Drive
Academic and Research Building, Room 106
Rockville, MD 20850
Main Number 301-294-7000

Driving Directions:
http://www.jhu.edu/washingtonarea/mcc/aboutmcc/directions.htm

Meeting Format:
5.30 - 6:30 pm - Social Hour
6:30 - 7:30 pm - Presentation and Q&A session
7:30 - 8:30 pm - Coffee and Dessert

Registration Fee: $35 Per Person

To Reserve a Space:
Please complete the online registration form (one per person)

On the registration form, you have the option of paying by credit card or by check. If you select "Mailing in a check" as your payment option, please mail the check payable to:

Licensing Executives Society c/o Catherine E. Vorwald
Johns Hopkins University, Licensing and Technology Development
100 N. Charles St., Fifth Floor
Baltimore, MD 21201

Please put event date in the "For" line in the lower left corner of the check. Please complete a separate online registration for each attendee.

Policy on Registration Fees and Cancellations:
$35.00 in advance - received by close-of-business Friday, February 18
$45.00 after February 18 and at-the-door (No Credit Card payment available at the door)

Cancellations made after close-of-business February 18 cannot be reimbursed, but substitutions are welcome!

Dress Code:
Business Casual

For more information, please contact:
Catherine E. Vorwald
e-mail: cvorwal1@jhmi.edu
phone: (410) 516-4964