Licensor’s Reserved Rights. Licensor reserves the right to continue research and development of the Invention, including assigning research rights and engaging in other funded research regarding the Invention and the subject matter of the Invention. Licensor shall not commercialize, sell, assign or otherwise transfer any right or information regarding the Invention for the purpose of commercial practice of the Invention without the prior written consent of Licensee, which consent may be withheld for any reason whatsoever. Licensor shall prevent the disclosure of trade secrets and other proprietary information regarding the Invention and it shall require any person, firm or corporation to whom it shall make an authorized disclosure to enter into a confidentiality agreement in form satisfactory to Licensee.
Appears in 5 contracts
Samples: License Agreement (Xenogen Corp), License Agreement (Xenogen Corp), Agreement and Plan of Reorganization (Xenogen Corp)
