Exclusive Option to Interactive Proteins and Genes Sample Clauses

Exclusive Option to Interactive Proteins and Genes. MONSANTO -------------------------------------------------- shall have the exclusive option (an "Option") at any time and from time to time ------ during the eighteen-month period following the expiration of the Research Term (the "Option Period") to obtain an Exclusive License with respect to any ------------- Interactive Protein(s) or Gene(s) included in any MONSANTO Database (as defined in Section 2.6(a) below) (other than Previously Licensed Proteins) by (i) delivering written notice to MYRIAD prior to the expiration of the Option Period specifying the Interactive Proteins and Genes which MONSANTO is proposing to be subject to an Exclusive License and (ii) paying [ ] per each Interactive Protein or Gene covered by each such Exclusive License (up to a maximum of [ ] for up to 10 different Interactive Proteins and Genes contained in any MONSANTO Databases). MYRIAD shall retain all rights to all Interactive Proteins and related Genes with respect to which MONSANTO has not exercised an Option for an Exclusive License prior to the expiration of the Option Period. Notwithstanding the foregoing, after the expiration of the Option Period, MONSANTO will have the right at any time and from time to time to seek an Exclusive License from MYRIAD with respect to any Interactive Protein or related Gene which was previously the subject of an Option, provided that MYRIAD, after the expiration of such Option Period, has not licensed the rights to such Interactive Protein or related Gene to a Third Party or has not commenced an internal program relating to such Interactive Protein or related Gene as documented by written records. Notwithstanding the foregoing, in no event shall any license fee be required with respect to any Interactive Protein, Gene or other specific composition of matter that (x) as of the date hereof, is already known as a product candidate to Monsanto or its Affiliates, as shown by written, electronic or other records, or their current and future licensors, or to any third party that acquires, is acquired by or merges with Monsanto or any successor entity (with the right to use), other than by receipt from MYRIAD, or that after the date hereof ceases to be proprietary and comes within the public domain or knowledge of MONSANTO or (y) at the time of disclosure to MONSANTO, or at the time of use by MONSANTO, as applicable, is part of the public domain or independently known to MONSANTO, provided, however, that any such Interactive Protein, Gene or othe...
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Related to Exclusive Option to Interactive Proteins and Genes

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