Common use of Licenses in the Event of a Merck Non-Participation Clause in Contracts

Licenses in the Event of a Merck Non-Participation. Subject to the terms of this Agreement, in the event a Merck Non-Participation for the PCV Program occurs, then, Moderna, on behalf of itself and its Affiliates, hereby grants to Merck [***].

Appears in 4 contracts

Samples: Vaccine Collaboration and License Agreement, Vaccine Collaboration and License Agreement, Vaccine Collaboration and License Agreement (Moderna, Inc.)

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Licenses in the Event of a Merck Non-Participation. Subject to the terms of this Agreement, in the event a Merck Non-Participation occurs for the PCV a given Program occurs, then, Moderna[***] then Merck, on behalf of itself and its Affiliates, hereby grants to Merck Moderna [***].

Appears in 4 contracts

Samples: Vaccine Collaboration and License Agreement, Vaccine Collaboration and License Agreement, Vaccine Collaboration and License Agreement (Moderna, Inc.)

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