License to Existing Intellectual Property. HBIO hereby grants, and agrees to cause its Affiliates and Subsidiaries to grant, to HXXX an exclusive, worldwide, royalty free, sublicensable and transferable right and license to use, solely in the HXXX Business, all Intellectual Property, Technology and related Know-How that exists on the date hereof and was developed by HBIO in the Harvard Apparatus Research Business, including without limitation the Intellectual Property, Technology and related Know-How pertaining to Hxxx-Xxxxx that are remaining with the HBIO Group following the Separation. The license granted by HBIO to HXXX under this Section 3.1 shall remain in effect with respect to each Patent included in the license under this Section 3.1, until the date on which such Patent shall expire. The foregoing exclusive license grant shall not exclude or limit any member of the HBIO Group from their continued use of such all Intellectual Property, Technology and related Know-How, subject to Article IX hereof.
Appears in 5 contracts
Samples: Intellectual Property Matters Agreement (Harvard Apparatus Regenerative Technology, Inc.), Intellectual Property Matters Agreement (Harvard Bioscience Inc), Intellectual Property Matters Agreement (Harvard Apparatus Regenerative Technology, Inc.)
