Common use of Licenses to Technology Clause in Contracts

Licenses to Technology. (a) Upon payment of the applicable fees as set forth in Appendix B and subject to the provisions of this Agreement, Lucent hereby grants to Company a personal nontransferable (except as permitted in Section 5.08) and nonexclusive, worldwide rights to use and/or copy (a) Lucent Information and (b) any part of any Deliverable that is a general purpose element having one or more uses that are independent of use in connection with a Licensed Product (i) for the purpose of conducting the Development Project, (ii) for the manufacture of Licensed Products by Company and/or Contract Manufacturers in the factories of Company and/or Contract Manufacturers, and (iii) for the sale of Licensed Products by Company. (b) Subject to the provisions of this Agreement, Company hereby grants to Lucent a non-exclusive, personal, royalty-free and non-transferable license under any and all intellectual property rights owned by Company which are necessary for performing the Development Project or furnishing Deliverables pursuant to this Agreement.

Appears in 4 contracts

Samples: Development Agreement (Mphase Technologies Inc), Development Agreement (Mphase Technologies Inc), Development Agreement (Mphase Technologies Inc)

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