Common use of OWNERSHIP OF ASTI PRODUCTS Clause in Contracts

OWNERSHIP OF ASTI PRODUCTS. Unless ASTI agrees otherwise, all ASTI Products will be owned by ASTI or, in the case of a product licensed from a third party (or a product incorporating a Therapeutic Agent licensed from a third party), exclusively licensed to ASTI on a worldwide basis, with the right to sublicense, and otherwise on terms granting rights substantially similar to those rights ASTI would have as an owner, in either case subject to the License Option.