Geely’s Technologies License to Lotus - PMA1 Architecture and Other Technologies Sample Clauses

Geely’s Technologies License to Lotus - PMA1 Architecture and Other Technologies. 2.1 Geely, on behalf of itself and its affiliates, hereby grants to Lotus a perpetual (the “License Term”), fully paid-up (Payments and Fees for Lotus are determined by Appendix B), non-exclusive, non-transferable, non-sublicensable (other than to Lotus’s affiliates), irrevocable, worldwide license: (a) for Lotus to use the PMA1 architecture and other technologies (as described in Appendix A) in whole or in part, and upgrade and develop Lotus’s EPA architecture technologies, based on this license; (b) to use PMA1 architecture and other technologies and its components in whole or in part on Lotus related products; (c) to design, process, manufacture, market and sell Lotus related products and components in whole or in part according to or using the technologies licensed in this Paragraph 2.1; (d) as an exception to the aforementioned “non-sublicensable”, after mutual agreement, Lotus may independently license the relevant technologies within the scope of license under the Agreement as part of the EPA architecture technologies (including mechanical architecture and electrical architecture) to third parties and obtain proceeds therefrom (such independent license does not include projects jointed participated in by Liankong and its affiliates and Lotus), and the Parties will agree on the distribution of the proceeds in a separate agreement drafted otherwise; and (e) for other purposes agreed upon by the Parties. 2.2 Lotus shall pay royalty in the amount and manner required in Appendix B. 2.3 The Parties agree that Lotus has the right to sub-license the license in Paragraph 2.1 to its affiliates. Except for the circumstances in Subparagraph 2.1(d) of the Agreement, Geely’s prior written consent is required for Lotus to sub-license the PMA1 architecture and other technologies to any third party other than to its affiliates. Lotus shall ensure that the use of the PMA1 architecture and other technologies by its affiliates or other third parties which are granted a sub-license in accordance with this Paragraph 2.3 does not exceed the scope of the license agreed in the Agreement. 2.4 Lotus understands that the PMA1 architecture and other technologies related information provided by Geely to Lotus in Paragraph 2.1 may involve third-party intellectual property rights, including intellectual property rights owned by suppliers of Geely and its affiliates; Geely shall ensure that Lotus obtains the license to use the corresponding technologies or similar alternative techn...
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Related to Geely’s Technologies License to Lotus - PMA1 Architecture and Other Technologies

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