Product Transfers. If a Product is made in a country in which any of the Patent Rights exist, then Licensee shall be obligated to pay a royalty on the sale or transfer of such Product even if such sale or transfer occurs in a country in which no patent protection exists; and if a Product is sold in a country in which any of the Patent Rights exist, then Licensee shall be obligated to pay a royalty on the sale or transfer of such Product even if such Product was made in a country in which no patent protection exists.
Appears in 5 contracts
Samples: Sublicense Agreement (RespireRx Pharmaceuticals Inc.), Stock Transfer Agreement (RespireRx Pharmaceuticals Inc.), Exclusive License Agreement (Xg Sciences Inc)
Product Transfers. If a Product is made in a country in which any of the Patent Intellectual Property Rights exist, then Licensee shall be obligated to pay a royalty on the sale or transfer of such Product even if such sale or transfer occurs in a country in which no patent intellectual property protection exists; and if a Product is sold in a country in which any of the Patent Intellectual Property Rights exist, then Licensee shall be obligated to pay a royalty on the sale or transfer of such Product even if such Product was made in a country in which no patent intellectual property protection exists.
Appears in 1 contract
Samples: Exclusive Software and Intellectual Property License Agreement With Equity
