Common use of Grant Back to Licensor Clause in Contracts

Grant Back to Licensor. In the event that LICENSEE modifies the transcriptional regulating sequences described by the Patent Rights beyond “the use” expressly allowed and licensed herein to practice the Patent Rights within the Field, Licensee agrees to grant, and hereby does grant to ICOS, an exclusive, worldwide, fully paid up license to any and all intellectual property and know-how arising out of the LICENSEE’s use outside the permitted scope of the License granted in 2.1.1 above.

Grant Back to Licensor. In the event that LICENSEE modifies the transcriptional regulating sequences [*] described by the Patent Rights beyond “"the use” " expressly allowed and licensed herein to practice the Patent Rights within the Field, Licensee agrees to grant, and hereby does grant to ICOS, an exclusive, worldwide, fully paid up license to any and all intellectual property and know-how arising out of the LICENSEE’s 's use outside the permitted scope of the License granted in 2.1.1 above.