Common use of Solazyme Clause in Contracts

Solazyme. As between the Parties, Solazyme shall have the sole right, but not the obligation, at its sole cost, to take legal action to enforce or defend any declaratory action or counterclaim with respect to any Patents contained in (i) the Solazyme Background Technology, (ii) the New Technology and (iii) the Operational Technology, and to settle any such action. Solazyme shall retain all recoveries or awards relating to such infringing activity or proceedings.

Appears in 2 contracts

Samples: Strategic Collaboration Agreement, Strategic Collaboration Agreement (Solazyme Inc)

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Solazyme. As between among the Parties, Solazyme Solazyme, Inc. shall have the sole right, but not the obligation, at its sole cost, to take legal action to enforce or defend any declaratory action or counterclaim with respect to any Patents contained in (i) the Solazyme Background Technology, (ii) the New Technology and (iii) the Operational Technology, and to settle any such action. Solazyme Solazyme, Inc. shall retain all recoveries or awards relating to such infringing activity or proceedings.

Appears in 1 contract

Samples: Solazyme Development Agreement (Solazyme Inc)

Solazyme. As between among the Parties, Solazyme Solazyme, Inc. shall have the sole right, but not the obligation, at its sole cost, to take legal action to enforce or defend any declaratory action or counterclaim with respect to any Patents contained in (i) the Solazyme Background Technology, (ii) the New Technology and (iii) the Operational Technology, and to settle any such action. Solazyme Solazyme, Inc. shall retain all recoveries or awards relating to such infringing activity or proceedings.. (b)

Appears in 1 contract

Samples: Solazyme Development Agreement

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Solazyme. As between among the Parties, Solazyme Solazyme, Inc. shall have the sole right, but not the obligation, at its sole cost, to take legal action to enforce or defend any declaratory action or counterclaim with respect to any Patents contained in (i) the Solazyme its Background Technology, (ii) the New Technology and (iii) the Operational Technology, and to settle any such action. Solazyme shall retain all recoveries or awards relating to such infringing activity or proceedings.,

Appears in 1 contract

Samples: Solazyme Development Agreement (Solazyme Inc)

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