Common use of Restricted License Clause in Contracts

Restricted License. Upon receipt from Company of US$200 per breeding line listed above (“License Fee”), NCSU will furnish 1 gram of seed of the Line to Company under bailment for breeding use and NCSU grants to Company a non-exclusive license to use the Line for breeding. The License Fee must be paid to: North Carolina Foundation Seed Producers, Inc. Attn: Director 0000 Xxxxx Xxxx Road Zebulon, North Carolina 27597 Company shall, at its discretion, cross the Line with other tomato lines of Company’s choosing for the purpose of developing, and evaluating the commercial potential of, experimental F1 Hybrids (“Hybrid(s)”). In addition, Company may develop further progeny resulting from selfing or additional crosses using the Hybrid as a parent. Company shall not distribute or make available plants, plant parts, seed, or pollen from the Line to any third party. At all times during this Agreement, Company shall assert sole and direct control over the Line and shall take reasonable precautions to protect the Line from misuse, theft, damage or abandonment. Company agrees to use the Line and any plants derived from Line in a manner and in compliance with all applicable laws and regulations, including those for import, transport, use, and disposition.

Restricted License. Upon receipt from Company of US$200 _ per breeding line listed above (“License Fee”), NCSU will furnish 1 gram of seed of the Line to Company under bailment for breeding use and NCSU grants to Company a non-exclusive license to use the Line for breeding. The License Fee must be paid to: North Carolina Foundation Seed Producers, Inc. Attn: Director 0000 Xxxxx Xxxx Road Zebulon, North Carolina 27597 Company shall, at its discretion, cross the Line with other tomato lines of Company’s choosing for the purpose of developing, and evaluating the commercial potential of, experimental F1 Hybrids (“Hybrid(s)”). In addition, Company may develop further progeny resulting from selfing or additional crosses using the Hybrid as a parent. Company shall not distribute or make available plants, plant parts, seed, or pollen from the Line to any third party. At all times during this Agreement, Company shall assert sole and direct control over the Line and shall take reasonable precautions to protect the Line from misuse, theft, damage or abandonment. Company agrees to use the Line and any plants derived from Line in a manner and in compliance with all applicable laws and regulations, including those for import, transport, use, and disposition.