b'REPRESENTING BUYERS/LICENSORS Formulate Strategies Clarify Client Goals Formulate and develop client and target-specific deal strategies:Workwiththeclienttoevaluategoal(s) foracquiringorlicensingpatents,which Based on analysis of deal and litigationwill serve as our core focus throughout thehistory, conduct an early evaluation oftransaction: validity challenges DigestclientneedsandinterestsinDevise offer and counteroffer strategiesengaging in a patent transaction andengagefinancingsourcesasappropriate Challengeinitialassumptionsandpressure-test pre-conceived notions of Close the Transaction(s)themarkettomostaccuratelytarget Incoordinationwithclientandpotential opportunities third-party partners, launch target-specific Identify Sellers/Licensees strategies:Determine which companies in the market Negotiatepurchase,licenses,andpossess portfolios of interest and are moststrategic partnerships, as appropriatelikely to engage in a good-faith transaction:Review deal and patent litigation history Patents as Part of M&A Transactionsof potential acquisition partners Assessthepotentialforbest We use this same mix of technical, legal, and opportunities from potential acquisition business insight in evaluating portfolios that are partners based on the clients needs part of a larger transactionor which may be Mine Portfolios part of a future deal. For clients that want to position themselves for future sale, we provide Assess the quality of IP assets of targetsinsightstostrengthentheirportfolios.For deemed of interest:clients seeking to acquire a technology-drivenDuringtheinitialsortstage,use company, we conduct diligence on the targets proprietaryautomatedtechniquesto assets to ensure our client knows exactly what hone in on pockets within the portfoliothataremostlikelytocontainthe they are acquiring. greatest number of value drivers During the deep dive stage, deploy ateam of internal and external experts toidentify potential litigation grade assetswith the broadest market coverageMINTZ // PATENT TRANSACTIONS // MINTZ.COM 11'