Common use of License to Products and Patents in Products Clause in Contracts

License to Products and Patents in Products. During the term of this Agreement, Supplier hereby grants S&W a royalty-free, nontransferable, nonsublicenseable, worldwide, non-exclusive license to offer to sell and sell firearms that incorporate the Products. The grant of such license shall be effective upon the signing of this Agreement.

Appears in 10 contracts

Samples: Supply Agreement (Smith & Wesson Brands, Inc.), Supply Agreement (Smith & Wesson Brands, Inc.), Supply Agreement (Smith & Wesson Brands, Inc.)

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