Common use of PS Unique Volvo Technology Clause in Contracts

PS Unique Volvo Technology. 3.2.1 In addition to what is set forth in Section 3.1 above, what is set forth in this Section 3.2 shall apply in relation to PS Unique Volvo Technology. 3.2.2 Any license granted in Section 3.1.2 above shall, in relation to PS Unique Volvo Technology be exclusive instead of non-exclusive. As a consequence thereof Volvo Cars shall have no right to make any Use whatsoever of, or to grant any further licenses to, any such PS Unique Volvo Technology. 3.2.3 In the event Volvo Cars (i) in its sole discretion, determines that the PS Unique Volvo Technology, or parts thereof, shall no longer be PS Unique Volvo Technology but instead be such ordinary Volvo Technology covered only by Section 3.1 above Volvo Cars should pay Polestar a compensation. The compensation should equal 50% of the amount included in the Fee for such PS Unique Volvo Technology. In this case the following shall apply. Such PS Unique Volvo Technology shall immediately, upon Volvo Cars’ payment of the compensation, no longer be considered PS Unique Volvo Technology but instead be considered ordinary Volvo Technology and what is set out in Section 3.1 above shall thus apply instead. For the avoidance of doubt, this inter cilia implies that such previous exclusive license granted by Volvo Cars to Polestar shall instead become non-exclusive. For avoidance of doubt, Volvo Cars’ right under this Section 3.2.3 may be exercised at any time also after the term of this Agreement.

PS Unique Volvo Technology. 3.2.1 In addition to Notwithstanding what is set forth in Section 3.1 above3.1, what is set forth in this Section 3.2 shall apply in relation to PS Unique Volvo Technology. 3.2.2 Any license granted in Section 3.1.2 above shall, in relation to PS Unique Volvo Technology Technology, and unless otherwise agreed in each executed Car Model Assignment and License Agreement, be exclusive instead of non-exclusive. As a consequence thereof Volvo Cars shall have no right to make any Use whatsoever of, or to grant any further licenses to, any such PS Unique Volvo Technology. With the exception of what is set out in this Section 3.2, Section 3.1 shall apply to PS Unique Volvo Technology. 3.2.3 In the event Volvo Cars (i) in its sole discretion, determines that the PS Unique Volvo Technology, or parts thereof, shall no longer be PS Unique Volvo Technology but instead be such ordinary Volvo Technology covered only by Section 3.1 above Volvo Cars should pay Polestar a compensation. The compensation should equal 50% of the amount included in and (ii) reduces the Fee for as regards such PS Unique Volvo Technology with fifty per cent (50 %) or repays fifty per cent (50 %) of the Fee, relating to such part of the PS Unique Volvo Technology. In this case , the following shall apply. Such PS Unique Volvo Technology shall immediately, upon Volvo Cars’ payment reduction or repayment of the compensationFee, no longer be considered PS Unique Volvo Technology but instead be considered ordinary Volvo Technology and what is set out in Section 3.1 above shall thus apply instead. For the avoidance of doubt, this inter cilia alia implies that such previous exclusive license granted by Volvo Cars to Polestar shall instead become non-exclusive. For avoidance of doubt, Volvo Cars’ right under this Section 3.2.3 may be exercised at any time also after the term of this Agreement.. Framework Assignment and License Agreement 9 (25)

PS Unique Volvo Technology. 3.2.1 In addition to 4.2.1 Notwithstanding what is set forth in Section 3.1 above4.1, what is set forth in this Section 3.2 4.2 shall apply in relation to PS Unique Volvo Technology. 3.2.2 4.2.2 Any license granted in Section 3.1.2 above 4.1.2 shall, in relation to PS Unique Volvo Technology Technology, and unless otherwise agreed in each executed Car Model Assignment and License Agreement, be exclusive instead of non-exclusive. As a consequence thereof Volvo Cars shall have no right to make any Use whatsoever of, or to grant any further licenses to, any such PS Unique Volvo Technology. With the exception of what is set out in this Section 4.2, Section 4.1 shall apply to PS Unique Volvo Technology. 3.2.3 4.2.3 In the event Volvo Cars (i) in its sole discretion, determines that the PS Unique Volvo Technology, or parts thereof, shall no longer be PS Unique Volvo Technology but instead be such ordinary Volvo Technology covered only by Section 3.1 4.1 above Volvo Cars should pay Polestar a compensation. The compensation should equal 50% of the amount included in and (ii) reduces the Fee for as regards such PS Unique Volvo Technology with fifty per cent (50 %) or repays fifty per cent (50 %) of the Fee, relating to such part of the PS Unique Volvo Technology. In this case , the following shall apply. Such PS Unique Volvo Technology shall immediately, upon Volvo Cars’ payment reduction or repayment of the compensationFee, no longer be considered PS Unique Volvo Technology but instead be considered ordinary Volvo Technology and what is set out in Section 3.1 4.1 above shall thus apply instead. For the avoidance of doubt, this inter cilia alia, implies that such previous exclusive license granted by Volvo Cars to Polestar shall instead become non-exclusive. For avoidance of doubt, Volvo CarsCars ’ right under this Section 3.2.3 may be 4.2.3 maybe exercised at any time also after the term of this Agreement.

PS Unique Volvo Technology. 3.2.1 In addition to what is set forth in Section 3.1 above3.1, what is set forth in this Section 3.2 shall apply in relation to PS Unique Volvo Technology. 3.2.2 Any license granted in Section 3.1.2 above shall, in relation to PS Unique Volvo Technology be exclusive instead of non-exclusive. As a consequence thereof Volvo Cars shall have no right to make any Use whatsoever of, or to grant any further licenses to, any such PS Unique Volvo Technology. With the exception of what is set out in this Section 3.2, Section 3.1 shall apply to PS Unique Volvo Technology. 3.2.3 In the event Volvo Cars (i) in its sole discretion, determines that the PS Unique Volvo Technology, or parts thereof, shall no longer be PS Unique Volvo Technology but instead be such ordinary Volvo Technology covered only by Section 3.1 above Volvo Cars should pay Polestar a compensation. The compensation should equal 50% [***] of the amount included in the Fee for such PS Unique Volvo Technology. In this case the following shall apply. Such PS Unique Volvo Technology shall immediately, upon Volvo Cars’ payment of the compensation, no longer be considered PS Unique Volvo Technology but instead be considered ordinary Volvo Technology and what is set out in Section 3.1 above shall thus apply instead. For the avoidance of doubt, this inter cilia alia implies that such previous exclusive license granted by Volvo Cars to Polestar shall instead become non-exclusive. For avoidance of doubt, Volvo Cars’ right under this Section 3.2.3 may be exercised at any time also after the term of this Agreement.

PS Unique Volvo Technology. 3.2.1 4.2.1 In addition to what is set forth in Section 3.1 4.1 above, what is set forth in this Section 3.2 4.2 shall apply in relation to PS Unique Volvo Technology. 3.2.2 4.2.2 Any license granted in Section 3.1.2 4.1.2 above shall, in relation to PS Unique Volvo Technology be exclusive instead of non-exclusive. As a consequence thereof Volvo Cars shall have no right to make any Use whatsoever of, or to grant any further licenses to, any such PS Unique Volvo Technology. 3.2.3 4.2.3 In the event Volvo Cars (i) in its sole discretion, determines that the PS Unique Volvo Technology, or parts thereof, shall no longer be PS Unique Volvo Technology but instead be such ordinary Volvo Technology covered only by Section 3.1 4.1 above Volvo Cars should pay Polestar a compensation. The compensation should equal 50% of the amount included in the Fee for such PS Unique Volvo Technology. In this case the following shall apply. Such PS Unique Volvo Technology shall immediately, upon Volvo Cars’ payment of the compensation, no longer be considered PS Unique Volvo Technology but instead be considered ordinary Volvo Technology and what is set out in Section 3.1 4.1 above shall thus apply instead. For the avoidance of doubt, this inter cilia alia implies that such previous exclusive license granted by Volvo Cars to Polestar shall instead become non-exclusive. For avoidance of doubt, Volvo Cars’ right under this Section 3.2.3 4.2.3 may be exercised at any time also after the term of this Agreement.