Common use of Enforcement of MAS Technology against Third Parties Clause in Contracts

Enforcement of MAS Technology against Third Parties. IllumeSys shall have the right, but not the obligation, to enforce at its expense any patent contained in the MAS Technology against infringement by Third Parties within the IllumeSys Field of Use and shall be entitled to retain recovery from such enforcement. In the event that IllumeSys does not file suit against a substantial infringer of such patents within six (6) months of knowledge thereof, then MAS shall have the right, but not the obligation, to enforce at its expense any patent contained in the MAS Technology against infringement by Third Parties and shall be entitled to retain recovery from such enforcement.

Appears in 4 contracts

Samples: Technology Transfer Agreement (Ciphergen Biosystems Inc), Technology Transfer Agreement (Ciphergen Biosystems Inc), Technology Transfer Agreement (Ciphergen Biosystems Inc)

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