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by jonas21 2415 days ago
At the very top of the PDF, it says this is a patent security agreement, which is a common way to use patents as collateral for a loan. JP Morgan will only own the patents if Magic Leap defaults on the loan.

You can read more about patent security agreements here:

https://www.ipwatchdog.com/2012/06/21/getting-a-loan-with-yo...