Examples of Commercialization Agreement in a sentence
Following the 3rd anniversary of the Effective Date of the Exclusive Commercialization Agreement.
To set expectations consistently among participants, and to ensure that value and contribution is recognized multilaterally, ALCMI wishes to enter into a Master Collaboration Agreement with each Collaborating Institution, substantially similar to this Agreement, and a Memorandum of Understanding for the execution of an Innovation and Commercialization Agreement (“MOU”).
In the event that the Parties fail to negotiate an Innovation and Commercialization Agreement pursuant to Section 2 and the Master Collaboration Agreement terminates, any Research Study Agreement executed during the prior 180 day period shall also terminate in accordance with the termination provisions set forth in the Master Collaboration Agreement.
Innovation and Commercialization Agreement Means the agreement entered into by the Parties, pursuant to the MOU, to set forth the rights and responsibilities of the Parties with respect to Intellectual Property, Collaborative Intellectual Property (as is or will be defined in the Innovation and Commercialization Agreement), Background Intellectual Property, and commercialization of the same.
Neither Party shall use the name, logo or other symbols of the other Party or of another Collaborating Institution, or any of their personnel, officers, directors, employees, or students, for any marketing or promotional purposes without prior written consent of the other party(ies) whose name, logo or symbol is to be used, except as set forth in this Agreement, the applicable Research Study Agreement, or the Innovation and Commercialization Agreement.