Common use of Direct License to Affiliates Clause in Contracts

Direct License to Affiliates. Pfizer may at any time request and authorize MacroGenics to grant licenses directly to Affiliates of Pfizer by giving written notice designating to which Affiliate a direct license is to be granted. Upon receipt of any such notice, MacroGenics shall enter into and sign a separate direct license agreement with such designated Affiliate of Pfizer. All such direct license agreements shall be consistent with the terms and conditions of this Agreement, except for such modifications as may be required by the laws and regulations in the country in which the direct license will be exercised. The Parties further agree to make any amendments to this Agreement that are necessary to conform the combined terms of such direct license agreements and this Agreement to the terms of this Agreement as set forth on the Effective Date. In countries where the validity of such direct license agreements requires prior governmental approval or registration, such direct license agreements shall not become binding between the parties thereto until such approval or registration is granted, which approval or registration shall be obtained by Pfizer. All costs of making such direct license agreement(s), including MacroGenics’s reasonable attorneys’ fees, under this Section 4.1.5 shall be borne by Pfizer. *** = Portions of this exhibit have been omitted pursuant to a request for confidential treatment. An unredacted version of this exhibit has been filed separately with the Commission.

Appears in 3 contracts

Samples: Research Collaboration and License Agreement (Macrogenics Inc), Research Collaboration and License Agreement (Macrogenics Inc), Research Collaboration and License Agreement (Macrogenics Inc)

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Direct License to Affiliates. Pfizer may at any time request and authorize MacroGenics Cellectis to grant licenses directly to Affiliates of Pfizer by giving written notice designating to which Affiliate a direct license is to be granted. Upon receipt of any such notice, MacroGenics shall Cellectis will enter into and sign a separate direct license agreement with such designated Affiliate of Pfizer. All such direct license agreements shall will be consistent with the terms and conditions of this Agreement, except for such modifications as may be required by the laws and regulations in the country in which the direct license will be exercised. The Parties further agree to make any amendments to this Agreement that are necessary to conform the combined terms of such direct license agreements and this Agreement to the terms of this Agreement as set forth on the Effective Date. In countries where the validity of such direct license agreements requires prior governmental approval or registration, such direct license agreements shall will not become binding between the parties thereto until such approval or registration is granted, which approval or registration shall will be obtained by Pfizer. All costs of making such direct license agreement(s), including MacroGenics’s Cellectis’ reasonable attorneys’ fees, under this Section 4.1.5 shall 4.1.4 will be borne by Pfizer. *** = Portions Cellectis may provide a copy of any such license or similar agreements (and this exhibit have been omitted pursuant Agreement) to a request for confidential treatment. An unredacted version any of this exhibit has been filed separately its direct or indirect licensors to the extent required to comply with the Commissionterms of any license agreement to which Cellectis is a party from time to time.

Appears in 1 contract

Samples: Cellectis S.A.

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Direct License to Affiliates. Pfizer may at any time request and authorize MacroGenics Cellectis to grant licenses directly to Affiliates of Pfizer by giving written notice designating to which Affiliate a direct license is to be granted. Upon receipt of any such notice, MacroGenics shall Cellectis will enter into and sign a separate direct license agreement with such designated Affiliate of Pfizer. All such direct license agreements shall will be consistent with the terms and conditions of this Agreement, except for such modifications as may be required by the laws and regulations in the country in which the direct license will be exercised. The Parties further agree to make any amendments to this Agreement that are necessary to conform the combined terms of such direct license agreements and this Agreement to the terms of this Agreement as set forth on the Effective Date. In countries where the validity of such direct license agreements requires prior governmental approval or registration, such direct license agreements shall will not become binding between the parties thereto until such approval or registration is granted, which approval or registration shall will be obtained by Pfizer. All costs of making such direct license agreement(s), including MacroGenics’s Cellectis’ reasonable attorneys’ fees, under this Section 4.1.5 shall 4.1.4 will be borne by Pfizer. [*** = Portions of this exhibit have been omitted pursuant to a request for confidential treatment. An unredacted version of this exhibit has been filed separately with the Commission.*] CONFIDENTIAL MATERIAL REDACTED AND SEPARATELY FILED WITH THE COMMISSION

Appears in 1 contract

Samples: Research Collaboration and License Agreement (Cellectis S.A.)

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