Common use of Patent Rights Generally Clause in Contracts

Patent Rights Generally. Control over, and associated expenses for, ----------------------- the filing, prosecution, and maintenance of patents and patent applications relating to inventions licensed hereunder will be allocated according to the Sponsored Research Agreement. In the event that UNIVERSITY obtains additional licensees under any invention licensed by LICENSEE, LICENSEE shall pay only its pro-rata share of patent-related expenses. LICENSEE shall have the right to cease paying for the filing, prosecution, or maintenance of any patent or patent application in any country upon thirty (30) days prior written notice to UNIVERSITY. In such event, LICENSEE will have no further rights under this Agreement with respect to such patent or patent application in such country, and LICENSEE agrees to assign to UNIVERSITY any rights LICENSEE may have in such patent or patent application in such country.

Appears in 2 contracts

Samples: License Agreement (Sequenom Inc), License Agreement (Sequenom Inc)

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Patent Rights Generally. Control over, and associated expenses for, ----------------------- the filing, prosecution, and maintenance of patents and patent applications relating to inventions licensed hereunder will be allocated according to Section 8.2 of the Sponsored Research Agreement. In the event that UNIVERSITY obtains additional licensees under any invention licensed by LICENSEE, LICENSEE shall pay only its pro-pro rata share of patent-related expenses. LICENSEE shall have the right to cease paying for the filing, prosecution, or maintenance of any patent or patent application in any country upon thirty (30) days prior written notice to UNIVERSITY. In such event, LICENSEE will have no further rights under this Agreement with respect to such patent or patent application in such country, and LICENSEE agrees to assign to UNIVERSITY any rights LICENSEE may have in such patent or patent application in such country.

Appears in 2 contracts

Samples: Patent and Know How License Agreement (Sequenom Inc), Patent and Know How License Agreement (Sequenom Inc)

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