Michael J Penn

US Patent:

7971068, Jun 28, 2011

Filed:

Apr 29, 2004

Appl. No.:

10/834620

Inventors:

Aston G. Farquharson - Carmel NY, US
Robert T. Alexander - Dallas TX, US
Michael J. Cammarota - New Fairfield CT, US
Thao N. Nguyen - Katonah NY, US
Michael A. Penn - Grandview NY, US

Assignee:

International Business Machines Corporation - Armonk NY

International Classification:

G06F 12/14

US Classification:

713189

Abstract:

Under the present invention, contract information corresponding to a first contract between a first contract partner and a customer, and contract information corresponding to a second contract between a second contract partner and the customer is received within a secure computer infrastructure. Based on the contract information, the first and second contracts are created. To provide desired isolation and security, the second contract is secured to prevent access thereof by the first contract partner. Then, approval and execution for both contracts is requested from the appropriate parties.

US Patent:

7363509, Apr 22, 2008

Filed:

Jan 21, 2004

Appl. No.:

10/761551

Inventors:

Aston G. Farquharson - Carmel NY, US
Michael J. Cammarota - New Fairfield CT, US
John R. Harrison - Little Rock AK, US
Thomas Y. Kwok - Washington Township NJ, US
Linh Hue Lam - Yorktown Heights NY, US
Thao N. Nguyen - Katonah NY, US
Michael A. Penn - Upper Grandview NY, US
Kakan Roy - Larchmont NY, US
Michael B. Sandler - New York NY, US
Gary D. Wexler - Salt Point NY, US

Assignee:

International Business Machines Corporation - Armonk NY

International Classification:

H04L 9/32

US Classification:

713189, 713161, 713169

Abstract:

Under the present invention, a customized contract is created based on the needs of the parties and is then stored within a secure computer infrastructure. Security within the computer infrastructure is typically provided through encryption such as 128 bit encryption. Moreover, all actions taken with respect to the contract (e. g. , approval, execution, etc. ) occur within the infrastructure and are recorded so that a record can be provided. Any party taking action will first be authenticated before access to the infrastructure is granted. In order for the contract to be electronically executed, both the originating contract partner and the receiving contract partner must first deliberately approve the contract. Once approval has been obtained, the contract can be electronically executed by both parties. After execution is complete, a final image of the contract is generated that includes the electronic signatures and the date of execution.