Common use of Option to Obtain a Commercial License Clause in Contracts

Option to Obtain a Commercial License. TAES grants to CERES a time-limited option to obtain an exclusive world-wide commercial license to TAES’ rights in Lines, with the right to grant sublicenses, as set forth in the IPRA.

Appears in 4 contracts

Samples: Sponsored Research Agreement (Ceres, Inc.), Ceres, Inc., Ceres, Inc.

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Option to Obtain a Commercial License. TAES grants to CERES a time-limited option to obtain an exclusive world-wide commercial license to in TAES’ rights in LinesSubject Inventions, with the right to grant sublicenses, as set forth in the IPRA.

Appears in 4 contracts

Samples: Sponsored Research Agreement (Ceres, Inc.), Ceres, Inc., Ceres, Inc.

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