Development License. Medistem hereby grants to Licensee, during the term of this Agreement, the exclusive (except as to Medistem as necessary for the purposes of this Agreement), paid-up license, with the right to grant sublicenses in accordance with the terms of this Agreement, under the Licensed Technology, to perform the activities described herein.
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Samples: License Agreement (Medistem Laboratories, Inc.), License Agreement (Medistem Laboratories, Inc.), License Agreement (Medistem Inc.)
Development License. Medistem hereby grants to Licensee, during the term of this Agreement, the exclusive (except as to Medistem as necessary for the purposes of this Agreement)a non-exclusive, paidnon-up transferable license, with the right to grant sublicenses in accordance with the terms of this Agreement, under the Licensed Technology, to perform the activities described herein.
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