Common use of Rights Retained by Licensor Clause in Contracts

Rights Retained by Licensor. Licensor retains all rights not expressly conferred to Licensee and its affiliates and subsidiaries in this License Agreement including, but not limited to, the right to grant non-exclusive licenses to third parties. Without limiting the foregoing, all rights granted to Licensee under this License Agreement are subject to Licensor’s and its Affiliates’ reserved right to use Said Patents in their respective businesses, including to make, have made, use, import, sell or offer for sale products similar or competitive to those of Licensee and its Affiliates, anywhere in the world.

Rights Retained by Licensor. Licensor retains all rights not expressly conferred to Licensee and its affiliates and subsidiaries Affiliates in this License Agreement including, but not limited to, the right to grant non-exclusive licenses to third parties. Without limiting the foregoing, all rights granted to Licensee under this License Agreement are subject to Licensor’s and its Affiliates’ reserved right to use Said Patents Marks in their respective businesses, including in connection with the manufacture, promotion, advertising, distribution, and sale of products or services similar to make, have made, use, import, sell or offer for sale products similar or competitive to those with the industrial materials and services of Licensee and its Affiliates, anywhere in the world.