Common use of Conversion to Non-Exclusive License Clause in Contracts

Conversion to Non-Exclusive License. (a) Burcon shall be entitled, at its option, to convert the Exclusive License to a Non-Exclusive License (the "Non-Exclusive License") if: [commercially sensitive information redacted] and Burcon shall be entitled to make, have made, use, market and sell Products on a non-exclusive basis, and to grant any such rights to any other Person.

Appears in 3 contracts

Samples: Burcon NutraScience Corp, Burcon NutraScience Corp, Burcon Nutrascience Corp

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Conversion to Non-Exclusive License. (a1) Burcon shall be entitled, at its option, to convert the Exclusive License to a Non-Exclusive License non- exclusive license, on the terms set forth in Section 3.6 (the "Non-Exclusive License") if: [commercially sensitive information redacted] and Burcon shall be entitled to make, have made, use, market and sell Products on a non-exclusive basis, and to grant any such rights to any other Person.]

Appears in 1 contract

Samples: sec.report

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