Prosecution by STC Clause Samples
Prosecution by STC. If SRI or ▇▇▇▇▇▇▇ should decide ------------------ against or fail to file, prosecute or maintain a patent application or patent in respect of an Invention in any country, SRI or ▇▇▇▇▇▇▇ will notify STC in a timely manner. STC shall have the right, at its expense, to file, prosecute and/or maintain such application or patent in any such country. In any such case, SRI and ▇▇▇▇▇▇▇ agree, if requested by STC, to assist and cause its employees to assist STC in every reasonable way (with out of pocket expenses to be reimbursed by STC), including execution of documents, to enable STC to take such action. In the event that SRI or ▇▇▇▇▇▇▇ desires to assign a particular patent application or patent in any country to STC and STC agrees to accept such assignment, STC agrees to grant to SRI and ▇▇▇▇▇▇▇, in fields of use other than the Field, an exclusive license in the particular patent application or patent in that country, with right to sublicense. Each party agrees, upon request, to inform the other parties of the status of any application or patent in which such other parties has rights as provided in this Agreement. Notwithstanding anything to the contrary set forth in this Section, if SRI's or ▇▇▇▇▇▇▇'▇ decision against or failure to file, prosecute or maintain a patent application or patent is a breach of an obligation of such party under 12.3.1, 12.3.2 or another section of this Agreement, STC shall have the right to offset its expenses against any amount due and owing to SRI and/or ▇▇▇▇▇▇▇, as the case may be.
