Common use of Prosecution of Patent Rights Clause in Contracts

Prosecution of Patent Rights. NBL shall solely control the prosecution and maintenance of all Neotope Patent Rights, and shall pay all costs associated therewith incurred after the Effective Date and shall have no obligation to Elan in respect of such Neotope Patent Rights. EPI shall solely control the prosecution of Synuclein Patent Rights; provided, however, that EPI shall keep NBL reasonably apprised of the status of the Synuclein Patent Rights and reasonably consider the input of NBL with respect to the prosecution of any claims in the Synuclein Patent Rights solely related to the Projects.

Appears in 5 contracts

Samples: Contribution Agreement (Prothena Corp PLC), Intellectual Property License and Conveyance Agreement (Prothena Corp PLC), Intellectual Property License and Conveyance Agreement (Prothena Corp PLC)

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