Post-Termination Rights. Upon expiration or termination of this Agreement, LICENSEE shall thereafter immediately, except for reason of termination because of expiration or a declaration of patent invalidity, cease all further use of the Patents and all rights granted to LICENSEE or its sublicensees under this Agreement shall forthwith terminate and immediately revert to LICENSOR.
Appears in 3 contracts
Sources: Patent License Agreement, Patent and Technology License Agreement (VerifyMe, Inc.), Patent and Technology License Agreement (Laserlock Technologies Inc)
Post-Termination Rights. Upon expiration or termination of this Agreement, LICENSEE shall thereafter immediately, except for reason of termination because of expiration or a declaration of patent invalidity, cease all further use of the Patents Licensor IP and all rights granted to LICENSEE or its sublicensees under this Agreement shall forthwith terminate and immediately revert to LICENSOR.
Appears in 1 contract
Sources: Intellectual Property Nonexclusive License Agreement (Tru Shrimp Companies, Inc.)
Post-Termination Rights. Upon expiration or termination of this Agreement, LICENSEE shall thereafter immediately, except for reason of termination because of expiration or a declaration of patent invalidity, cease all further use of the Patents and all rights granted to LICENSEE or its sublicensees under this Agreement shall forthwith terminate and immediately revert to LICENSOR.
Appears in 1 contract
Post-Termination Rights. Upon expiration or termination of this Agreement, LICENSEE shall thereafter immediately, except for reason of termination because of expiration or a declaration of patent invalidity, LICENSEE shall thereafter immediately cease all further use of the Patents and all rights granted to LICENSEE or its sublicensees under this Agreement shall forthwith terminate and immediately revert to LICENSOR.
Appears in 1 contract
Sources: Asset Purchase Agreement (Powerwave Technologies Inc)