Stradling, Yocca, Carlson & Rauth Newport Beach, CA 949 / 725-4000 San Francisco, CA 415 / 283-2240 Santa Barbara, CA 805 / 564-0065 Web site:  sycr.com Select a Question: We employ over 25 engineers. As their employer, do I own the intellectual property they develop? I hold stock options in a public company, but the exercise price of my options is well above the current trading price of the company's stock. Is it possible for the company to lower the exercise price of my options? How will the new SEC rules regarding selective disclosure affect a public company's ability to conduct conference calls with analysts? If I come up with a new way of doing business, may I obtain patent protection? As an officer of a public company, am I protected from insider trading liability if I limit my trades in my company's stock to trading windows designated by my company? If I purchase customer information from a bankrupt dot-com, are there limits on the ways that I can use that information? Are click wrap software license agreements enforceable against purchasers who download the software from the Internet?

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