Common use of Grant of Ultra Intellectual Property and Ultra-Owned Products to Delta Clause in Contracts

Grant of Ultra Intellectual Property and Ultra-Owned Products to Delta. (a) Ultra hereby grants to Delta a perpetual, transferrable, assignable, royalty-free, fully paid-up license to access, use, copy, make Improvements to and sublicense to end users the Ultra-Owned Products and Ultra Intellectual Property in accordance with and as permitted by this Agreement (the “Ultra-Owned Products and Intellectual Property License”). During the Term, the Ultra-Owned Products and Intellectual Property License shall be limited solely to outside clause (i) of the definition of Ultra Field on a non-exclusive basis and be exclusive in the Delta Field even as against Ultra and the Ultra Subsidiaries (other than and subject to any rights in respect of the Ultra Owned Products or the Ultra Intellectual Property granted by Ultra or any Ultra Subsidiaries to any Third Party prior to the date of this Agreement). For the avoidance of doubt, following termination of this Agreement or expiration of the Term, the Ultra-Owned Products and Intellectual Property License shall remain in effect in the Delta Field and the Shared Field on a non-exclusive basis. (b) Each Party shall retain all right to its own derivative works, inventions, modifications, improvements, fixes, enhancements and/or updates made to or derived from the Ultra-Owned Products and Ultra Intellectual Property, and the other Party shall not have any rights to the foregoing.

Grant of Ultra Intellectual Property and Ultra-Owned Products to Delta. (a) Ultra hereby grants to Delta a perpetual, transferrable, assignable, royalty-free, fully paid-up license to access, use, copy, make Improvements to and sublicense to end users the Ultra-Owned Products and Ultra Intellectual Property in accordance with and as permitted by this Agreement (the “Ultra-Owned Products and Intellectual Property License”). During the Term, the Ultra-Owned Products and Intellectual Property License shall be limited solely to outside clause (i) of the definition of Ultra Field on a non-exclusive basis and be exclusive in the Delta Field even as against Ultra and the Ultra Subsidiaries its Affiliates (other than and subject to any rights in respect of the Ultra Ultra-Owned Products or the Ultra Intellectual Property granted by Ultra or any Ultra Subsidiaries to any Third Party prior to the date of this Agreement). For the avoidance of doubt, following termination of this Agreement or expiration of the Term, the Ultra-Owned Products and Intellectual Property License shall remain in effect in the Delta Field and the Shared Field on a non-exclusive basis. (b) Each Party shall retain all right to its own derivative works, inventions, modifications, improvements, fixes, enhancements and/or updates made to or derived from the Ultra-Owned Products and Ultra Intellectual Property, and the other Party shall not have any rights to the foregoing.