Adaptec RAID Code License Grant Clause Samples

Adaptec RAID Code License Grant. Subject to the terms and conditions of this Agreement, Adaptec grants to Chaparral a nonexclusive, nontransferable, perpetual, worldwide, royalty-bearing license: (i) to use, copy and modify (subject to Section 3.2(a) below) the Adaptec RAID Code in source and binary code forms solely for the purposes of designing, developing and manufacturing [***] Adaptec Bridge Products; and (ii) to distribute (subject to Section 3.2(c) below) the Adaptec RAID Code solely in binary code form in connection with the distribution and sale of [***] Adaptec Bridge Products. At such time as [***] currently known as "[***]" is more precisely defined by Chaparral, Adaptec and Chaparral will negotiate in good faith an extension of the license rights granted in this Section 3.1 to such product. Chaparral's rights in the Adaptec RAID Code will be limited to those expressly granted in this Section 3.1. Adaptec reserves all rights and licenses in and to the Adaptec RAID Code not expressly granted to Chaparral under this Agreement.