General Grants to Ono Sample Clauses

General Grants to Ono. Subject to the terms and conditions of this Agreement, Onyx hereby grants to Ono during the Term: (a) The exclusive, payment-bearing right and license under the Licensed Technology to Commercialize Products in the Field in the Territory, without the right to sublicense; (b) The exclusive payment-bearing right and license under the Licensed Technology to perform Territory Development Activities, including the rights to use, store, import, export and distribute, all for research and clinical purposes, Compound and/or Product and to conduct further research and to further develop the Licensed Technology in the Territory for the purposes of exercising the rights granted to it in Section 2.1.1(a), with the right to sublicense solely in accordance with Section 2.5; and (c) Subject to Section 7.2.2(a), the non-exclusive, right and license under the Onyx Manufacturing Technology to Manufacture Product anywhere in the world for the purposes of exercising the rights granted to it in Section 2.1.1, with the right to sublicense solely in accordance with Section 2.5.
Sample 1
AutoNDA by SimpleDocs
General Grants to Ono. Subject to the terms and conditions of this Agreement, Onyx hereby grants to Ono during the Term: (a) The exclusive, payment-bearing right and license under the Licensed Technology to Commercialize Products in the Field in the Territory, without the right to sublicense; (b) The exclusive payment-bearing right and license under the Licensed Technology to perform Territory Development Activities, including the rights to use, store, import, export and distribute, all for research and clinical purposes, Compound and/or Product and to conduct further research and to further develop the Licensed Technology in the Territory for the purposes of exercising the rights granted to it in Section 2.1.1(a), with the right to sublicense solely in accordance with Section 2.5.2; and (c) Subject to Section 7.5.3(a), the non-exclusive, right and license under the Onyx Manufacturing Technology and the New Licensed Technology to Manufacture Product, but in each instance solely for [*] Configurations, Ono-Requested Configurations and Additional Onyx Configurations agreed, in each instance in writing, by the Parties pursuant to the terms of this Agreement, anywhere in the world for the purposes of exercising the rights granted to it in Section 2.1.1, with the right to sublicense solely in accordance with Section 2.5.2. The right and license granted under this Section 2.1.1(c) includes the right for Ono to engage Third Parties to have Manufactured [*] Configurations, Ono-Requested Configurations and Additional Onyx Configurations solely for Ono’s benefit and in accordance with the terms of this Agreement, the Quality Agreement and the Carfilzomib Commercial Supply Agreement. Each such Third Party shall be subject to Onyx’s prior written, and continuing approval in each instance, which approval shall not be unreasonably withheld or delayed. Ono shall ensure that each of the Third Parties that it is having Manufacture accepts and complies with all applicable terms and conditions of this Agreement, including the obligation for such Third Parties to comply with Laws, and Ono shall remain responsible for the performance of such Third Parties hereunder. Any such have Manufactured contract shall contain a provision prohibiting such [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. Third Party from...
Sample 1

Related to General Grants to Ono

  • PAYMENTS TO PURCHASER 52 ARTICLE VI....................................................................54

  • No Other Agreements to Purchase No person other than the Buyer has any written or oral agreement or option or any right or privilege (whether by law, preemptive or contractual) capable of becoming an agreement or option for the purchase or acquisition from Seller of the Painting.

  • Statements to Purchaser Not later than the tenth calendar day of the month, the Company shall furnish in an agreed upon electronic format to the Purchaser or its designee, a monthly, loan level, scheduled remittance advice, trial balance report and payment and payoff activity detail, as to the preceding remittance and the period ending on the last day of the preceding month.

  • Warrants to Rank Pari Passu All Warrants shall rank equally and without preference over each other, whatever may be the actual date of issue thereof.

  • Stock Option Grants EMPLOYEE shall receive options to purchase Class A common stock of XM Satellite Radio Holdings Inc. (“XM Stock”) on the following terms. (a) On the Effective Date of the Amendment, XM will grant EMPLOYEE an option to purchase Three Hundred Fifty Thousand (350,000) shares of XM Stock. Additional stock options shall be awarded at the discretion of the Compensation Committee and the Board of Directors. (b) The options granted pursuant to Article 3.7(a) hereof will be non-qualified. The exercise price for such options shall be, with respect to each grant, the closing price of XM Stock on the date of grant. (c) Subject to the provisions of Article 4 hereof, the options granted pursuant to Article 3.7(a) hereof will vest and become exercisable on the following schedule: with respect to each grant, one third of the shares covered by the option shall become exercisable on the first anniversary of the grant, one third of the shares covered by the option shall become exercisable on the second anniversary of the grant, and one third of the shares covered by the option shall become exercisable on the third anniversary of the grant. In addition to the annual vesting requirement, the initial options granted upon the amendment of the contract shall also require that EMPLOYEE will not sell, pledge or otherwise dispose of shares issued upon the exercise of such initial options until the first to occur of the following: (i) the average closing price of XM Stock on the Nasdaq National Market system, or principal stock exchange on which shares of XM Stock are then listed, over any 20 consecutive trading days following the date of grant equals or exceeds $10, or (ii) seven years have elapsed since the date of grant. In the event that EMPLOYEE holds non-vested options at the time his employment by XM terminates, such non-vested options shall vest or shall be forfeited, as the case may be, in accordance with the provisions of Article 4 hereof. (d) Vested options may be exercised within ten (10) years of the date on which they were granted. In the event that EMPLOYEE holds unexercised vested options at the time his employment by XM terminates, such vested options may be exercised within the time periods set forth in Article 4 hereof. (e) XM agrees that the XM Stock to be issued to EMPLOYEE upon his exercise of the options granted pursuant to Article 3.7(a) hereof will be registered for sale to the public on XM’s Form S-8 Registration Statement.

  • Amendments to Purchase Agreement The parties agree that the Purchase Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:

  • Stock Grants You may receive stock awards under an equity incentive compensation plan of Tyson then in effect (if any), on terms and in amounts consistent with those provided to other employees in your Band, subject to the discretion of the senior management of Tyson.

  • Grant of Stock Options This non-qualified Stock Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.

  • Grant of Stock Units Pursuant to the terms and conditions set forth in this Stock Award Agreement (including Section 1 above) and the Plan, the Administrator hereby grants to the Awardee named in Section 1, on the Grant Date set forth in Section 1, the number of Stock Units set forth in Section 1.

  • Option Grants During the Employment Period, Executive shall be eligible to participate in the Instinet 2000 Stock Option Plan (as the same may be amended and in effect from time to time, the "2000 Option Plan") and any subsequent stock option plan maintained by the Company for its senior executives, subject to the review and approval of the Compensation Committee. The terms and conditions of all options to purchase shares of common stock granted to Executive under the 2000 Option Plan or under any prior or subsequent stock option plan maintained by the Company or its Affiliates (including any options granted to Executive prior to the Commencement Date) (collectively, the "Options"), including the grant, vesting, exercise, payment and all other terms of such Options, shall be governed by the terms of the stock option plan under which such Options were granted, as such plan or plans may be amended and in effect from time to time.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!