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Exhibit 10.37
PATENT SETTLEMENT AGREEMENT
This PATENT SETTLEMENT AGREEMENT (this “Agreement”) is made and entered
into as of October 25, 2007 (the “Effective Date”) by and between Vonage Holdings Corp. having
offices at 23 Main Street, Holmdel, New Jersey (“Vonage”), and Verizon Services Corp., a corporation
organized and existing under the laws of Delaware having an office at One Verizon Way, Basking
Ridge, New Jersey, (“Verizon”). Vonage and Verizon are individually referred to herein as a “party,”
and collectively as the “parties.”
WITNESSETH
WHEREAS, Verizon and certain of its Affiliates (i.e., Verizon Laboratories Inc. and
Verizon Communications Inc.) have filed an action against Vonage and an Affiliate of Vonage for
patent infringement in actions styled Verizon Services Corp., et al v. Vonage Holdings Corp., et al,
pending in the United States District Court for the Eastern District of Virginia and the United States
Circuit Court of Appeals for the Federal Circuit (the “Verizon Litigation”);
WHEREAS, Vonage has succeeded to an action against Bell Atlantic Communications,
Inc., d/b/a Verizon Long Distance for patent infringement in actions styled Vonage Holdings Corp. v.
SBC Internet Services, Inc., et al, pending in the United States District Court for the Northern District
of Texas, Fort Worth Division (the “Vonage Litigation”);
WHEREAS, Vonage denies any liability in the Verizon Litigation, and Verizon denies any
liability in the Vonage Litigation;
WHEREAS, Vonage, on behalf of itself and its Affiliates (as defined below), desires to
settle the Verizon Litigation pursuant to the terms and conditions of this Agreement;
WHEREAS, Verizon, on behalf of itself and its Affiliates, desire
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