Effect of Termination on Data and Licensed Products. (a) Upon the termination of this Agreement, Licensee may notify DUKE within [**] days of the amount of Licensed Products (and Know-How Licensed Products) that Licensee has on hand, and Licensee may then Sell that amount of Licensed Products (and Know-How Licensed Products), but no more and the licenses granted hereunder to Licensee shall remain in effect solely for such purpose; provided, however, that Licensee pay DUKE any fees, royalties, or other financial consideration as provided for in this Agreement.
Appears in 3 contracts
Samples: Editas Medicine, Inc., License Agreement (Editas Medicine, Inc.), License Agreement (Editas Medicine, Inc.)
Effect of Termination on Data and Licensed Products. (a) Upon the termination of this Agreement, Licensee may notify DUKE within [**] thirty (30) days of the amount of Licensed Products (and Know-How Licensed Products) that Licensee has on hand, and Licensee may then Sell that amount of Licensed Products (and Know-How Licensed Products), but no more and the licenses granted hereunder to Licensee shall remain in effect solely for such purposemore; provided, however, that Licensee pay DUKE any fees, royalties, or other financial consideration as provided for in this Agreement.
Appears in 1 contract
Samples: License Agreement (Medifocus Inc.)
