Exclusive License Terms. The Cooperator shall elect or decline to exercise its right to acquire an exclusive license to any Subject Invention within six months of being informed by the Laboratory of the Subject Invention. The specific royalty rate and other terms of license shall be negotiated promptly in good faith and in conformance with the laws of the United States.
Appears in 5 contracts
Samples: Master Cooperative Research and Development Agreement (Crada) (Helius Medical Technologies, Inc.), Master Cooperative Research and Development Agreement (Crada), Master Cooperative Research and Development Agreement (Crada) (Helius Medical Technologies, Inc.)
Exclusive License Terms. The Cooperator shall elect or decline to exercise its right to acquire an a limited term exclusive license to any Subject Invention within six months of being informed by the Laboratory of the Subject Invention. The specific royalty rate and other terms of license shall be negotiated promptly in good faith and in conformance with the laws of the United Statesfaith.
Appears in 1 contract
Samples: Cooperative Research and Development Agreement (Above Average Investments LTD)
