Common use of In House EDA Tool License Clause in Contracts

In House EDA Tool License. (a) Subject to the terms and conditions of this Agreement, Samsung hereby grants to IXYS a non-exclusive, worldwide, royalty free, fully paid-up, non-transferable (except as set forth in Section 10.1) license (with the right to sublicense solely as set forth in Section 2.7(b)) to use the In House EDA Tool for a period of four (4) years after Effective Date solely for (i) maintenance of and customer support for the IXYS Business Product, (ii) porting the IXYS Business Product to a non-Samsung fabrication site, and (iii) redesign of the IXYS Business Product for manufacture non-Samsung fabrication sites.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Ixys Corp /De/), Product License Agreement (Ixys Corp /De/), Product License Agreement (Ixys Corp /De/)

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