STI Technology definition
Examples of STI Technology in a sentence
STI shall retain the sole right to prosecute and maintain any and all patents and patent applications relating to STI Technology and STI Developments in its sole and absolute discretion.
In the event that STI decides not to defend any patent or patent application, continuation, renewal, provisional, or extension relating to any STI Technology and/or any STI Developments from a Third Party's claim of infringement or misuse, then STI shall promptly (and in no case less more than thirty (30) after the filing of such claim) offer Scotts the right, but not the obligation, to assume the defense and cost of defense against such claim of infringement.
Scotts shall have no other rights under the STI Technology and the STI Developments except as set forth herein.
STI desires to grant to AG, and AG desires to obtain from STI, a commercial license under the STI Technology (as defined herein) on the terms and conditions set forth in this Agreement.