SETTLEMENT AND PATENT LICENSE AGREEMENT, DATED AS OF JULY 10, 2026, BY AND BETWEEN THE REGISTRANT AND R.J. REYNOLDS VAPOR COMPANY
VPR Brands, LP.
SETTLEMENT AND PATENT LICENSE AGREEMENT
VPR Brands, LP | R.J. Reynolds Vapor Company
U.S. Patent No. 8,205,622 B2
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This SETTLEMENT AND PATENT LICENSE AGREEMENT (the “Agreement”) is made and entered into and is effective as of July 10, 2026, (the “Effective Date”) by and between VPR Brands, LP, a limited partnership organized under the laws of the State of Delaware, having a place of business at 1141 Sawgrass Corporate Parkway, Sunrise, Florida 33323 (“Licensor” or “VPR”), and R.J. Reynolds Vapor Company, a corporation organized under the laws of the State of North Carolina, having a place of business at 401 North Main Street, Winston-Salem, North Carolina 27101 (“Licensee” or “RJR”). Licensor and Licensee are each individually referred to as a “Party,” and collectively as the “Parties.”
RECITALS
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WHEREAS, Licensor is the owner of all right, title, and interest in and to, including the right to sue for past, present, and future infringement of, U.S. Patent No. 8,205,622 B2;
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