Common use of RAND License for Necessary Claims Clause in Contracts

RAND License for Necessary Claims. Each Member agrees to negotiate in good faith for the grant to each other Member a RAND License to any Necessary Claims upon such terms and conditions as may be agreed to between such Mem- bers. If a Member (“Licensor Member”) licenses to another Member (“Licensee Member”) any Necessary Claims on a fee-based or other royalty-based arrange- ment, Licensor Member agrees that any existing and future licenses granted to it in connection with any Necessary Claims in existing or future Adopted Specifications by Licensee Member, including, without limitation, any Royalty Free Licenses or other non-fee based arrangements, may be converted to a fee-based or other royal- ty-based license arrangement as determined by the Licensee Member.

Appears in 4 contracts

Samples: Member Agreement, Member Agreement, Member Agreement

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