The No Sandbagging Rule
A patent owner sues for infringement of several of its patents. Ultimately, the parties to the action reach a settlement which grants, to the defendant, a license under the patents in suit. The license agreement includes a covenant not to sue which “shall not apply to any other patents issued as of the effective date of this Agreement or to be issued in the future.” It further includes a release which specifies that “[n]o express or implied license or future release whatsoever is granted to [licensee] or to any third party by this Release.”