Common use of Company Patents Clause in Contracts

Company Patents. As between the Parties, Company shall have the sole right, but not the obligation, using counsel of its own choice, to prepare, file, prosecute and maintain (a) Patents included in the Company Background IP and (b) Company Foreground Patents worldwide, and to be responsible for any related interference, re-issuance, re-examination, review, opposition proceedings and patent term extensions, in each case, at its sole cost and expense.

Company Patents. As between the Parties, Company shall have the sole right, but not the obligation, using counsel to defend and control the defense of its own choice, to prepare, file, prosecute the validity and maintain enforceability of (a) Patents included in the Company Background IP and (b) Company Foreground Patents worldwide, and to be responsible for any related interference, re-issuance, re-examination, review, opposition proceedings and patent term extensionsPatents, in each casecase ((a) and (b)), at its sole cost and expenseexpense and using counsel of its own choice.

Company Patents. As between the Parties, Company shall have the sole right, but not the obligation, using to institute, prosecute and control any action or proceeding with respect to any infringement of any Company Background Patent and Company Agreement Patent (other than any Company Product-Specific Patent or any Patent that would constitute a Company Product-Specific Patent following the License Effective Date with respect to a Collaboration Target), by counsel of its own choice, to prepare, file, prosecute in Company’s own name and maintain (a) Patents included in the Company Background IP under Company’s direction and (b) Company Foreground Patents worldwide, and to be responsible for any related interference, re-issuance, re-examination, review, opposition proceedings and patent term extensions, in each case, at its sole cost and expensecontrol.

Company Patents. As between the Parties, Company shall will have the sole right, right (but not the obligation) to enforce and defend the Company Patents in the Territory, using counsel of its own choice, to prepare, file, prosecute in its own name and maintain (a) Patents included in the Company Background IP under Company’s sole direction and (b) Company Foreground Patents worldwide, and to be responsible for any related interference, re-issuance, re-examination, review, opposition proceedings and patent term extensions, in each case, at its sole cost and expensecontrol.