Common use of Sublicensing Conditions Clause in Contracts

Sublicensing Conditions. In the event that Licensee desires to exercise its rights to sublicense its rights as granted herein, Licensee shall, unless otherwise agreed by Licensor and Licensee, negotiate an agreement on terms, which insofar as practical are substantially consistent with the terms of this Agreement, and shall also: a. Require royalty payment to Licensee of no less than the royalty payment due Licensor pursuant to Article 9 of this Agreement.

Appears in 4 contracts

Samples: License Agreement (Id Technologies Corp), License Agreement (Id Technologies Corp), License Agreement (Id Technologies Corp)

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Sublicensing Conditions. In the event that Licensee desires to exercise its rights to sublicense its rights as granted herein, Licensee shall, unless otherwise agreed by Licensor and Licensee, negotiate an agreement on terms, which insofar as practical are substantially consistent with the terms of this Agreement, and shall also: a. Require royalty payment to Licensee of no less than the royalty payment due by Licensor pursuant to Article 9 of this Agreementbe negotiated on a case-by-case basis, which Licensor s agreed share should be remitted to Licensor.

Appears in 1 contract

Samples: License Agreement (Id Technologies Corp)

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