Effect of Expiration of the Term. (a) Following the expiration of the Term with respect to a Licensed Product in a country pursuant to Section 12.1.1, subject to the terms and conditions of this Agreement, GSK shall have an exclusive, fully-paid and royalty-free, right and license, with the right to grant sublicenses, under all of ChemoCentryx’s rights in and to the ChemoCentryx Technology solely to continue to make, have made, use, sell, offer to sell and import Licensed Products in the Field in such country, for so long as it continues to do so.
Appears in 4 contracts
Samples: Commercialization Agreement, Product Development And (ChemoCentryx, Inc.), Product Development And (ChemoCentryx, Inc.)
