1Grant. 1.1 LICENSOR grants to LICENSEE an exclusive, royalty free license to make, have made, use, offer to sell, and sell throughout the world constructions embodying the invention disclosed and claimed in the [*] patent (“Exclusive License”). 1.2 LICENSEE shall not license any other third parties to make, have made, use, offer to sell, or sell licensed constructions embodying the invention disclosed and claimed in the [*] patent. 1.3 Product sold under the Exclusive License shall be referred to herein as Licensed Product. 1.4 This license shall remain in force until the [*] patent expires, unless sooner terminated under the provisions of Article III of this Agreement.
Appears in 3 contracts
Sources: Master Services Agreement and Exclusive Patent License (Realm Therapeutics PLC), Master Services Agreement and Exclusive Patent License (Realm Therapeutics PLC), Master Services Agreement and Exclusive Patent License (Realm Therapeutics PLC)