Common use of Zymeworks Patent Rights Clause in Contracts

Zymeworks Patent Rights. Zymeworks, at Zymeworks’ expense, shall have the sole right to control the preparation, filing, prosecution and maintenance of Zymeworks Patent Rights using patent counsel of Zymeworks’ choice. Zymeworks shall keep DS reasonably informed with respect to the status of the filing, prosecution and maintenance of the Zymeworks Patent Rights and, upon DS’ request, shall provide DS with copies of material submission documents to any patent office related to the filing, prosecution and maintenance of the Zymeworks Patent Rights. Zymeworks shall promptly give notice to DS of the grant, lapse, revocation, surrender, invalidation or abandonment of any Zymeworks Patent Rights licensed to DS under this Agreement.

Appears in 2 contracts

Samples: Collaboration and Cross License Agreement (Zymeworks Inc.), Collaboration and Cross License Agreement (Zymeworks Inc.)

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Zymeworks Patent Rights. Zymeworks, at Zymeworks’ expense, shall have the sole right to control the preparation, filing, prosecution and maintenance of Zymeworks Patent Rights using patent counsel of Zymeworks’ choice. Zymeworks shall keep DS Celgene reasonably informed with respect to the status of the filing, prosecution and maintenance of the Zymeworks Patent Rights and, upon DS’ Celgene’s request, shall provide DS with copies of material submission documents submissions to any patent office related to the filing, prosecution and maintenance of the Zymeworks Patent Rights. Zymeworks shall promptly give notice to DS Celgene of the grant, lapse, revocation, surrender, invalidation or abandonment of any Zymeworks Patent Rights licensed to DS Celgene under this Agreement.

Appears in 2 contracts

Samples: Subscription Agreement (Zymeworks Inc.), Subscription Agreement (Zymeworks Inc.)

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Zymeworks Patent Rights. Zymeworks, at Zymeworks’ expense, shall have the sole right to control the preparation, filing, prosecution and maintenance of Zymeworks Patent Rights using patent counsel of Zymeworks’ choice. Zymeworks shall keep DS XXX reasonably informed with respect to the status of the filing, prosecution and maintenance of the Zymeworks Patent Rights and, upon DS’ requestrequest of XXX, shall provide DS with copies of material submission documents submissions to any patent office related to the filing, prosecution and maintenance of the Zymeworks Patent Rights, in each case to the extent included in the Zymeworks Intellectual Property. Zymeworks shall promptly give notice to DS XXX of the grant, lapse, revocation, surrender, invalidation or abandonment of any Zymeworks Patent Rights licensed to DS XXX under this Agreement.

Appears in 1 contract

Samples: Research and License Agreement (Zymeworks Inc.)

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