Consequences of Terminations Under Sections 10 Sample Clauses

Consequences of Terminations Under Sections 10. 2.2. In the event of the termination of this Agreement by either Party pursuant to Sections 10.2.2:
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Consequences of Terminations Under Sections 10. 2.2. In the event of the termination of this Agreement by either Party pursuant to Sections 10.2.2: (a) The licenses granted to WCCI and its Affiliates pursuant to Section 7.2.1 and 7.2.2 hereof and the restrictions on Paratek and its Affiliates pursuant to Sections 3.8 and 7.1.1 shall immediately terminate. (b) WCCI shall be deemed to have granted to Paratek, as of the date of termination, an exclusive (even as to WCCI), worldwide, royalty-free license, with the right to sublicense, in the Field under the WCCI Program Technology, the WCCI Patent Rights as they pertain to WCCI Program Technology, WCCI’s interest in Joint Technology and Joint Patent Rights, and the Product Trademarks to develop, have developed, commercialize, make, have made, use, sell, have sold, offer for sale, distribute for sale, import and have imported those Lead Candidates and Products being Developed or Commercialized by WCCI as of the date of termination. (c) Each Party shall within thirty (30) days of the termination date, destroy, or at the other Party’s request return, all of such other Party’s Confidential Information (other than with respect to maintaining one (1) archival copy of such Confidential Information related thereto for its legal files, for the sole purpose of determining its obligations under this Agreement) and shall provide such other Party with certification that all such Confidential Information have been destroyed or returned to such other Party as appropriate. (d) WCCI shall, within thirty (30) days of the termination date, at the request of Paratek, assign (if assignable under its terms) to Paratek for no additional consideration (other than Paratek’s assumption of WCCI’s obligations) all of WCCI’s rights and obligations under any then-existing agreement with any Third Party that contains any sublicense to such Third Party of any of the rights licensed by Paratek to WCCI pursuant to this Agreement. Paratek shall indemnify and hold harmless WCCI against any and all Third Party claims, damages, losses, liabilities, costs and expenses arising out of events occurring after the assignment incurred or suffered by WCCI in connection with any such agreement assigned to Paratek pursuant to this Section 10.2.6(d) or in connection with any dispute between such Third Party and Paratek as a result of any action taken or not taken by Xxxxxxx. (e) If WCCI is manufacturing, or having manufactured, Lead Candidates or Products on the date of termination, (1) WCCI shall supply,...

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