Common use of Trademarks for Products Clause in Contracts

Trademarks for Products. If Biogen Idec exercises its Option hereunder, to the extent that (i) Isis owns any trademark(s) specific to a Product which Isis used prior to the exercise of the Option, and (ii) Biogen Idec reasonably believes such trademark(s) would be necessary or useful for the marketing and sale of a Product, then upon Biogen Idec’s request and at Biogen Idec’s sole cost and expense relating to such assignment, Isis will assign its rights and title to such trademark(s) to Biogen Idec or one or more designated Affiliates sufficiently in advance of the First Commercial Sale of a Product to enable Biogen Idec or its Affiliates to offer such Product for sale under such trademark(s). Other than trademarks owned by Isis prior to the exercise of the Option, Biogen Idec or its designated Affiliate will be solely responsible for developing, selecting, searching, registering and maintaining, and, subject to Section 10.4, will be the exclusive owner of, all trademarks, trade dress, logos, slogans, designs, copyrights and domain names used on or in connection with Products.

Trademarks for Products. If Biogen Idec exercises its Option hereunderis granted a license under Section 4.1.1 for a particular Product, to the extent that (i) Isis Ionis owns any trademark(s) specific to a such Product which Isis Ionis used prior to the exercise of the Optiondate such license was granted, and (ii) Biogen Idec reasonably believes such trademark(s) would be necessary or useful for the marketing and sale of a the applicable Product, then upon Biogen IdecBiogen’s request and at Biogen IdecBiogen’s sole cost and expense relating to such assignment, Isis Ionis will assign its rights and title to such trademark(s) to Biogen Idec or one or more designated Affiliates sufficiently in advance of the First Commercial Sale of a the Product to enable Biogen Idec or its Affiliates to offer such Product for sale under such trademark(s). Other than trademarks owned by Isis Ionis prior to the exercise of date the Optionapplicable license under Section 4.1.1 is granted hereunder, Biogen Idec or its designated Affiliate will be solely responsible for developing, selecting, searching, registering and maintaining, and, subject to Section 10.4, will be the exclusive owner of, all trademarks, trade dress, logos, slogans, designs, copyrights and domain names used on or in connection with Products.

Trademarks for Products. If Biogen Idec exercises its an Option for a Collaboration Program hereunder, to the extent that (ia) Isis Ionis owns any trademark(s) specific to a Product under such Collaboration Program, which Isis trademark(s) Ionis used prior to the exercise of the OptionLicense Effective Date for such Collaboration Program, and (iib) Biogen Idec reasonably believes such trademark(s) would be necessary or useful for the marketing and sale of a the applicable Product, then upon Biogen IdecBiogen’s request and at Biogen IdecBiogen’s sole cost and expense relating to such assignment, Isis Ionis will assign its rights and title to such trademark(s) to Biogen Idec or one or more designated Affiliates sufficiently in advance of the First Commercial Sale of a the Product to enable Biogen Idec or its Affiliates to offer such Product for sale under such trademark(s). Other than trademarks owned by Isis Ionis prior to the exercise of the Optionsuch License Effective Date, Biogen Idec or its designated Affiliate will be solely responsible for developing, selecting, searching, registering and maintaining, and, subject to Section 10.4, will be the exclusive owner of, all trademarks, trade dress, logos, slogans, designs, copyrights and domain names used on or in connection with Products.