Common use of No Residual Rights Clause in Contracts

No Residual Rights. Upon expiration or termination of this Option, or upon Graphite’s decision not to enter into a License Agreement, whichever is earlier, Graphite will have no residual or other rights in Optioned Patent or Optioned Technology.

Appears in 2 contracts

Samples: Exclusive Option Agreement (Graphite Bio, Inc.), Exclusive Option Agreement (Graphite Bio, Inc.)

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No Residual Rights. Upon expiration or termination of this Option, or upon Graphite’s decision not to enter into a License Agreement, whichever is earlier, Graphite will have no residual or other rights in Optioned Patent Licensed Patents or Optioned Technology.

Appears in 2 contracts

Samples: Exclusive Option Agreement (Graphite Bio, Inc.), Exclusive Option Agreement (Graphite Bio, Inc.)

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