Joint Suit. If Stanford and either or both Licensees are jointly prosecuting an action against a third party infringer, they will share the out-of-pocket costs and any recovery or settlement equally; and agree how they will exercise control over the action.
Appears in 4 contracts
Samples: License and Collaboration Agreement (Regulus Therapeutics Inc.), License and Collaboration Agreement (Regulus Therapeutics Inc.), License and Collaboration Agreement (Isis Pharmaceuticals Inc)
Joint Suit. If Stanford and either or both Licensees are jointly prosecuting an action against a third party infringer, they will share will:
(A) Prosecute the suit in both/all of their-names;
(B) Share the out-of-pocket costs and equally;
(C) Share any recovery or settlement equally; and agree and
(D) Agree how they will exercise control over the action.
Appears in 2 contracts
Samples: Co Exclusive License Agreement, Co Exclusive License Agreement (Regulus Therapeutics Inc.)