Common use of United States Government Interests Clause in Contracts

United States Government Interests. It is understood that if the United States Government (through any of its agencies or otherwise) has funded research, during the course of or under which any of the inventions include in the Option Technology were conceived or made, the United States Government is entitled, as a right, under the provisions of 35 U.S.C. § 200-212 and applicable regulations of Chapter 37 of the Code of Federal Regulations, to a nonexclusive, nontransferable, irrevocable, paid-up license to practice or have practiced such inventions for governmental purposes. Any license granted to Company pursuant to this Agreement shall be subject to such right.

United States Government Interests. It is understood that if the United States Government (through any of its agencies or otherwise) has may have funded research, during the course of or under which any of the inventions include in the Option Technology Inventions were conceived or made, the United States Government is entitled, as a right, under the provisions of 35 U.S.C. § 200-212 and applicable regulations of Chapter 37 of the Code of Federal Regulations, to a nonexclusive, nontransferable, irrevocable, paid-up license to practice or have practiced such inventions the Inventions for governmental purposes. Any license granted to Company pursuant to this Agreement a Licensee shall be subject to such right.