Common use of Past and Future Patent Expenses Clause in Contracts

Past and Future Patent Expenses. Licensor will pay past patent expenses incurred by Licensor, before the Effective Date, which are related to filing and prosecuting the patent application included in the Patents Rights in Exhibit A, up to a maximum of twenty thousand dollars ($20,000). In the event past patent expenses exceed $20,000, Licensee shall reimburse Licensor the amount in excess of $20,000. As of the Effective Date, Licensee shall reimburse Licensor for all future patent expenses as set forth in Article 11 hereof.

Past and Future Patent Expenses. Licensor will pay past patent expenses incurred by Licensor, before the Effective Date, which are related to Licensor in filing and prosecuting the patent application included in the Patents Rights in Exhibit AA that are due and payable as of the Effective Date of this Agreement, up to a maximum total of twenty thousand dollars ($20,000). As of , 20 , these expenses are estimated at ($ ). In the event past patent expenses exceed $20,000, Licensee shall reimburse Licensor the amount in excess of $20,000. As In addition, as of the Effective Date, Date of this Agreement Licensee shall reimburse Licensor for pay all future patent expenses as set forth in Article 11 hereof.