Common use of Joint Inventions Not Exclusively Licensed Clause in Contracts

Joint Inventions Not Exclusively Licensed. In the event that the Collaborator does not acquire an exclusive commercialization license to IP rights in all fields in joint Subject Inventions then each Party shall have the right to use the joint Subject Invention and to license its use to others in all fields not exclusively licensed to Collaborator. The Parties may agree to a joint licensing approach for such IP rights.

Appears in 4 contracts

Samples: Research and Development Agreement, Development Agreement (Newlink Genetics Corp), Cooperative Research and Development Agreement (Accentia Biopharmaceuticals Inc)

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Joint Inventions Not Exclusively Licensed. In the event that the Collaborator does not acquire an exclusive commercialization license to IP EP rights in all fields in joint Subject Inventions described in Article 6.4, then each Party shall have the right to use the joint Subject Invention and to license its use to others in all fields not exclusively licensed to Collaborator. The Parties may agree to a joint licensing approach for such IP EP rights.

Appears in 2 contracts

Samples: And Development Agreement (Sequenom Inc), And Development Agreement (Sequenom Inc)

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Joint Inventions Not Exclusively Licensed. In the event that the Collaborator does not acquire an exclusive commercialization license to IP rights in all fields in joint Subject Inventions then each Party shall have the right to use the joint Subject Invention and to license its use to others in all fields not exclusively licensed to Collaborator. The Parties may agree to a joint licensing approach for such IP rights. Comments: No exclusive commercialization license was acquired for the subject patent families. Accordingly, Profound has the right use the Subject Invention and to license its use to others in all fields.

Appears in 1 contract

Samples: Asset and Share Purchase Agreement (Profound Medical Corp.)

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