License to Existing Intellectual Property. HXXX hereby grants, and agrees to cause its Affiliates and Subsidiaries to grant, to HBIO an exclusive (for use by HBIO, and its Affiliates and Subsidiaries, only with respect the Harvard Apparatus Research Business, and such term “exclusive” shall expressly not exclude or limit HXXX and its subsidiaries from their continued use of the related Transferred Intellectual Property in accordance herewith), worldwide, royalty free, sublicensable and transferable right and license to use the Transferred Intellectual Property solely in the Harvard Apparatus Research Business. Except for the license granted to HBIO in this Section 4.1, HXXX shall retain any and all rights with respect to such Transferred Intellectual Property. The license granted by HXXX to HBIO under this Section 4.1 shall remain in effect with respect to each patent included in the license under this Section 4.1, until the date on which such patent shall expire. The license granted by HXXX to HBIO under this Section 4.1 shall also be subject to Section 1.4 of the Product Distribution Agreement executed by HXXX and HBIO in connection herewith.
Appears in 4 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.)
License to Existing Intellectual Property. HXXX hereby grants, and agrees to cause its Affiliates and Subsidiaries to grant, to HBIO an exclusive (for use by HBIO, and its Affiliates and Subsidiaries, only with respect the Harvard Apparatus Research Business, and such term “exclusive” shall expressly not exclude or limit HXXX and its subsidiaries from their continued use of the related Transferred Intellectual Property in accordance herewith), worldwide, royalty free, sublicensable and transferable right and license to use the Transferred Intellectual Property solely in the Harvard Apparatus Research Business. Except for the license granted to HBIO in this Section 4.1, HXXX shall retain any and all rights with respect to such Transferred Intellectual Property. The license granted by HXXX to HBIO under this Section 4.1 shall remain in effect with respect to each patent included in the license under this Section 4.1, until the date on which such patent shall expire. The license granted by HXXX to HBIO under this Section 4.1 shall also be subject to Section 1.4 of the Product Distribution Agreement executed by HXXX and HBIO in connection herewith.
Appears in 1 contract
Samples: Intellectual Property Matters Agreement (Harvard Apparatus Regenerative Technology, Inc.)
