Common use of FIRST RIGHT OF NEGOTIATION Clause in Contracts

FIRST RIGHT OF NEGOTIATION. Licensee shall have the first right to negotiate with Licensor to obtain a license to practice any patent Licensor may acquire after the date of this Agreement that is dominated by one or more patents included in the Licensed Patents on such terms and conditions that Licensor and Licensee may agree through negotiations in good faith. If Licensee declines to exercise its right to negotiate or the parties have not entered into a License within six (6) months after Licensor notifies Licensee of the existence of a patent subject to this paragraph, Licensor may negotiate with and grant a License or other rights in such patent to others on terms substantially no more favorable to such other party than were last offered by Licensor to Licensee.

FIRST RIGHT OF NEGOTIATION. Licensee shall have the first right to negotiate with Licensor Licensors to obtain a license to practice any patent Licensor Licensors may acquire after the date of this Agreement that is dominated by one or more patents included in the Licensed Patents on such terms and conditions that Licensor Licensors and Licensee may agree through negotiations in good faith. If Licensee declines to exercise its right to negotiate or the parties have not entered into a License within six (6) months after Licensor notifies Licensors notify Licensee of the existence of a patent subject to this paragraph, Licensor Licensors may negotiate with and grant a License or other rights in such patent to others on terms substantially no more favorable to such other party than were last offered by Licensor Licensors to Licensee.

FIRST RIGHT OF NEGOTIATION. Licensee shall have the first right to -------------------------- negotiate with Licensor to obtain a license to practice any patent Licensor may acquire after the date of this Agreement that is dominated by one or more patents included in the Licensed Patents on such terms and conditions that Licensor and Licensee may agree through negotiations in good faith. If Licensee declines to exercise its right to negotiate or the parties have not entered into a License within six (6) months after Licensor notifies Licensee of the existence of a patent subject to this paragraph, Licensor may negotiate with and grant a License or other rights in such patent to others on terms substantially no more favorable to such other party than were last offered by Licensor to Licensee.

FIRST RIGHT OF NEGOTIATION. Licensee shall have the first right to -------------------------- negotiate with Licensor Licensors to obtain a license to practice any patent Licensor Licensors may acquire after the date of this Agreement that is dominated by one or more patents included in the Licensed Patents on such terms and conditions that Licensor Licensors and Licensee may agree through negotiations in good faith. If Licensee declines to exercise its right to negotiate or the parties have not entered into a License within six (6) months after Licensor notifies Licensors notify Licensee of the existence of a patent subject to this paragraph, Licensor Licensors may negotiate with and grant a License or other rights in such patent to others on terms substantially no more favorable to such other party than were last offered by Licensor Licensors to Licensee.