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MMRF > SEC Filings for MMRF > Form 8-K on 6-Mar-2014All Recent SEC Filings

Show all filings for MMRGLOBAL, INC.

Form 8-K for MMRGLOBAL, INC.


6-Mar-2014

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01 Entry into a Material Definitive Agreement

On February 28, 2014, MMRGlobal, Inc., through its wholly owned subsidiary MyMedicalRecords, Inc. (collectively, the "Company"), and Walgreen Co. ("Walgreens") entered into a Settlement and Licensing Agreement (the "Agreement") to resolve two patent infringement lawsuits brought by the Company.

Pursuant to the terms of the Agreement, Walgreens purchased a Non-Exclusive License to the Company's family of patents. The settlement arises from litigation involving the Company's U.S. Patent No. 8,301,466 and U.S. Patent No. 8,498,883. Pursuant to the terms of the Agreement, Walgreens has also agreed to sell the Company's MyMedicalRecords Personal Health Record (the "MMR-PHR") on drugstore.com.

In addition to the above terms, the Agreement contains customary provisions, including the term of the Agreement, representations, warranties, indemnities and confidentiality by each of the Company and Walgreens. The Company and Walgreens have also agreed to dismiss the lawsuits and other proceedings filed against each other.

The above summary does not purport to be a complete description of the terms of the Agreement and is qualified in its entirety by reference to the Agreement, which the Company will file as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ending March 31, 2014. Portions of the Agreement may be omitted in accordance with a request for confidential treatment that the Company expects to submit to the U.S. Securities and Exchange Commission.

In addition, a copy of the press release announcing on March 6, 2014 the Agreement is attached hereto as Exhibit 99.1 and is hereby incorporated by this reference.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

Exhibit
Number    Description
 99.1     Press Release dated March 6, 2014.


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