Exclusivity and Licenses Clause Samples

Exclusivity and Licenses. 3.5.1 Parlex agrees not to sell to customers selling products in the automobile industry the New Flexible Circuit Construction developed hereunder for Motorola, or substantially identical derivative flexible circuit, for one year following the initial sale to Motorola of production Flexible Substrate Assemblies incorporating the New Flexible Circuit Construction, without first obtaining Motorola's written permission. 3.5.2 Parlex grants Motorola a paid up, royalty free, perpetual, non-exclusive, sublicensable license to make, have made, use and sell under any patents or other intellectual property rights for any new inventions conceived or reduced to practice by Parlex jointly with Motorola during and pursuant to new development work performed under this Agreement for the New Flexible Circuit Construction to be developed and delivered to Motorola under this Agreement, and Parlex also grants to Motorola an equivalent license under any new Parlex copyright rights for new works of authorship which arise during and pursuant to the development work performed, by Parlex, jointly with Motorola, for the New Flexible Circuit Construction to be developed and delivered to Motorola under this agreement. With respect to any new inventions conceived or reduced to practice solely by Parlex during and pursuant to new development work performed under this agreement for the New Flexible Circuit Construction to be developed and delivered to Motorola under this agreement, Parlex agrees to grant to Motorola a royalty-bearing, non-exclusive license on terms and conditions to be reasonably negotiated by the parties. The above licenses do not include rights for inventions or works of authorship developed prior to or separately with respect to development work performed under this Agreement for the New Flexible Circuit Construction to be developed and delivered to Motorola under this Agreement.