Common use of Third Party Technology Clause in Contracts

Third Party Technology. (a) In the event that GenVec acquires any rights to intellectual property or technology for its general corporate research and development activities which are useful for the Research Program, GenVec shall pay any costs attributable to the general use of the same; provided, GenVec shall have no obligation to acquire with respect to any such intellectual property or technology (i) the right to sublicense to Fuso any such intellectual property or technology, or (ii) any rights relating to the commercialization of Collaboration Products or any other products.

Appears in 6 contracts

Samples: Collaboration Agreement (Genvec Inc), Collaboration Agreement (Genvec Inc), New Collaboration Agreement (Genvec Inc)

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