Common use of Patent Term Extension and Supplementary Protection Certificate Clause in Contracts

Patent Term Extension and Supplementary Protection Certificate. Upon receiving Marketing Approval for a POZEN Product, the Parties agree to coordinate the application for any patent term extension or supplementary protection certificates that may be available. The primary responsibility of applying for any extension or supplementary protection certificate will be the Party having the right to make the application under the Applicable Law. The Party responsible for filing the application will keep the other Party fully informed of its efforts to obtain such extension or supplementary protection certificate. Each Party will provide prompt and reasonable assistance, without additional compensation, to obtain such patent extension or supplementary protection certificate. The Party filing such request will pay all expenses in regard to obtaining the extension or supplementary protection certificate.

Patent Term Extension and Supplementary Protection Certificate. Upon receiving Marketing Approval for a POZEN Licensed Product, the Parties agree to coordinate the application for any patent term extension or supplementary protection certificates that may be availableavailable in any country. The primary responsibility of applying for any extension or supplementary protection certificate will be the Party having the right to make the application under the Applicable Lawapplicable law. The Party responsible for filing the application will keep the other Party fully informed of its efforts to obtain such extension or supplementary protection certificate. Each Party will provide prompt and reasonable assistance, without additional compensation, to obtain such patent extension or supplementary protection certificate. The Party filing such request will pay all expenses in regard to obtaining the extension or supplementary protection certificate.