Common use of Additional Technology Clause in Contracts

Additional Technology. It is anticipated that Licensors may from time to time develop additional technology. In the event Licensor desire to market, distribute, or otherwise exploit any additional technology relating to the remediation of toxic flue gases that is not included within the above defined Technology (the "Additional Technology") in the World-wide Territory of Licensee, Licensors shall provide Licensee with a written notice (the "Initial Notice") setting forth full details concerning the Additional Technology, and Licensee shall have the exclusive right and option to have the Additional Technology made subject to this Agreement at any time during a period of 90 days following the date such Initial Notice is given. Licensee can exercise such option by delivery of a notice of its intent to do so within the option period. If Licensee does not exercise its option within the prescribed period, Licensor shall be entitled to enter into any agreement respecting the Additional Technology within the World-wide Territory of Licensee with any other entity. If Licensee is granted rights to Additional Technology, such rights shall be subject to all the terms and provisions of this Agreement and the Additional Technology shall be treated as Technology under this Agreement.

Additional Technology. It is anticipated that Licensors Licensor may from time to time develop additional technology. In the event Licensor desire desires to market, distribute, or otherwise exploit any additional technology relating to the remediation manufacture of toxic flue gases a wheel-tire assembly that is not included within the above defined Technology (the "Additional Technology") in the World-wide Territory of Licensee, Licensors Licensor shall provide Licensee with a written notice (the "Initial Notice") setting forth full details concerning the Additional Technology, and Licensee shall have the exclusive right and option to have the Additional Technology made subject to this Agreement at any time during a period of 90 days following the date such Initial Notice is given. Licensee can exercise such option by delivery of a notice of its intent to do so within the option period. If Licensee does not exercise its option within the prescribed period, Licensor shall be entitled to enter into any agreement respecting the Additional Technology within the World-wide Territory of Licensee with any other entity. If Licensee is granted rights to Additional Technology, such rights shall be subject to all the terms and provisions of this Agreement and the Additional Technology shall be treated as Technology under this Agreement.

Additional Technology. It is anticipated that Licensors may from time to time develop additional technology. In the event Licensor desire Licensors desires to market, distribute, or otherwise exploit any additional technology relating to the remediation manufacture of toxic flue gases a non-pneumatic tire that is not included within the above defined Technology (the "Additional Technology") in the World-wide Territory of Licensee, Licensors shall provide Licensee with a written notice (the "Initial Notice") setting forth full details concerning the Additional Technology, and Licensee shall have the exclusive right and option to have the Additional Technology made subject to this Agreement at any time during a period of 90 days following the date such Initial Notice is given. Licensee can exercise such option by delivery of a notice of its intent to do so within the option period. If Licensee does not exercise its option within the prescribed period, Licensor shall be entitled to enter into any agreement respecting the Additional Technology within the World-wide Territory of Licensee with any other entity. If Licensee is granted rights to Additional Technology, such rights shall be subject to all the terms and provisions of this Agreement and the Additional Technology shall be treated as Technology under this Agreement.