Common use of CERTAIN LICENSED TECHNOLOGY Clause in Contracts

CERTAIN LICENSED TECHNOLOGY. WATERS understands that US Patent Application 09/214,207 which is part of the VARIAGENICS Patent Rights, has been licensed from Harvard University by VARIAGENICS. The sublicense hereunder of such patent application and any resulting patent or patents is subordinate to the terms and conditions of the License Agreement between Harvard and VARIAGENICS. In the event of termination of such License Agreement, VARIAGENICS' interest in such sublicense will be assigned to Harvard; provided that Harvard shall have no obligation as a result of such assignment except to keep the sublicense in effect.

Appears in 3 contracts

Sources: Strategic Alliance Agreement (Variagenics Inc), Strategic Alliance Agreement (Variagenics Inc), Strategic Alliance Agreement (Variagenics Inc)