VPR Brands settles patent lawsuit with NEPA for $275,000; grants license

VPR Brands, LP.

NEPA pays VPR $275,000 settlement within 14 days of effective date.
VPR grants NEPA and affiliates a non-exclusive, royalty-free, fully paid-up license to '622 patent.
Lawsuit dismissed with prejudice; each party bears its own attorneys' fees and costs.
No admission of liability or infringement by either party under the settlement.
License also covers NEPA Wholesale Inc. and Eshop NEPA Inc. as affiliates.

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