Common use of Guidance Note for clause 10 Clause in Contracts

Guidance Note for clause 10. 2: In the case of an 'exclusive' licence, it is important that the parties have agreed how to manage any Legal Proceedings in relation to the Licensed IPR. The IPR Management Plan should set out the agreed process for both initiating Legal Proceedings, and for defending or settling Legal Proceedings initiated by third parties. It will usually be agreed that the Licensee will be given control over these proceedings (in order to protect their exclusive interest). However, this is usually subject to the process and conditions. There may also need to be further agreement as to how this aspect is managed if there is cross-over with IPR licenced on a non-exclusive basis, or in other Fields/Territories. Proceedings or other action

Guidance Note for clause 10. 2: In the case of an 'exclusive' licence, it is important that the parties have agreed how to manage any Legal Proceedings in relation to the Licensed IPR. The IPR Management Plan should set out the agreed process for both initiating Legal Proceedings, and for defending or settling Legal Proceedings initiated by third parties. It will usually be agreed that the Licensee will be given control over these proceedings (in order to protect their exclusive interest). However, this is usually subject to the process and conditions. There may also need to be further agreement as to how this aspect is managed if there is cross-over with IPR licenced on a non-exclusive basis, or in other FieldsApplications/Territories. Proceedings or other action.

Guidance Note for clause 10. 2: In the case of an 'exclusive' licence, it is important that the parties have agreed how to manage any Legal Proceedings in relation to the Licensed IPR. The IPR Management Plan should set out the agreed process for both initiating Legal Proceedings, and for defending or settling Legal Proceedings initiated by third parties. It will usually be agreed that the Licensee will be given control over these proceedings (in order to protect their exclusive interest). However, this is usually subject to the process and conditions. There may also need to be further agreement as to how this aspect is managed if there is cross-over with IPR licenced on a non-exclusive basis, or in other Fields/Territories. Proceedings or other action.

Guidance Note for clause 10. 2: In the case of an 'exclusive' licence, it is important that the parties have agreed how to manage any Legal Proceedings in relation to the Licensed IPR. The IPR Management Plan should set out the agreed process for both initiating Legal Proceedings, and for defending or settling Legal Proceedings initiated by third parties. It will usually be agreed that the Licensee will be given control over these proceedings (in order to protect their exclusive interest). However, this is usually subject to the process and conditions. There may also need to be further agreement as to how this aspect is managed if there is cross-over with IPR licenced on a non-exclusive basis, or in other FieldsApplications/Territories. Proceedings or other action