Common use of Deadline for Execution by Licensee Clause in Contracts

Deadline for Execution by Licensee. If University executes this Agreement first and Licensee fails to execute and return it to University within 30 days of the date of University’s signature below, then the Agreement is null and void. THE PARTIES HEREBY EXECUTE THIS AGREEMENT Regents of the University of Minnesota Insert name of Licensee here By: By: Insert name of signatory Its: Insert title of signatory Technology Commercialization Insert name of signatory Its: Insert title of signatory Date: Date: The signatory warrants that they are authorized to execute this agreement on behalf of the Regents of the University of Minnesota. The signatory warrants that they are authorized to execute this agreement on behalf of Licensee GENERAL TERMS DEFINITIONS AND INTERPRETATION Definitions In this Agreement:

Deadline for Execution by Licensee. If University executes this Agreement first and Licensee fails to execute and return it to University within 30 days of the date of University’s signature below, then the Agreement is null and void. THE PARTIES HEREBY EXECUTE THIS AGREEMENT Regents of the University of Minnesota Insert Insert name of Licensee here here By: By: Insert Insert name of signatory signatory Its: Insert Insert title of signatory signatory Technology Commercialization Insert Insert name of signatory signatory Its: Insert Insert title of signatory signatory Date: Date: The signatory warrants that they are authorized to execute this agreement on behalf of the Regents of the University of Minnesota. The signatory warrants that they are authorized to execute this agreement on behalf of Licensee GENERAL TERMS DEFINITIONS AND INTERPRETATION Definitions In this Agreement:

Deadline for Execution by Licensee. If University executes this Agreement first and Licensee fails to execute and return it to the University within 30 days of the date of University’s signature below, then the Agreement is null and void. THE PARTIES HEREBY EXECUTE THIS AGREEMENT Regents of the University of Minnesota Insert Insert name of Licensee here here By: By: Insert Insert name of signatory signatory Its: Insert Insert title of signatory signatory Office for Technology Commercialization Insert Insert name of signatory signatory Its: Insert Insert title of signatory signatory Date: Date: The signatory warrants that they are authorized to execute this agreement on behalf of the Regents of the University of Minnesota. The signatory warrants that they are authorized to execute this agreement on behalf of Licensee GENERAL TERMS DEFINITIONS AND INTERPRETATION Definitions In this Agreement:

Deadline for Execution by Licensee. If University executes this Agreement first and Licensee fails to execute and return it to the University within 30 days of the date of University’s signature below, then the Agreement is null and void. THE PARTIES HEREBY EXECUTE THIS AGREEMENT Regents of the University of Minnesota Insert Insert name of Licensee here here By: By: Insert Insert name of signatory signatory Its: Insert Insert title of signatory signatory Office for Technology Commercialization Insert Insert name of signatory signatory Its: Insert Insert title of signatory signatory Date: Date: The signatory warrants that they are authorized to execute this agreement on behalf of the Regents of the University of Minnesota. The signatory warrants that they are authorized to execute this agreement on behalf of Licensee GENERAL TERMS DEFINITIONS AND INTERPRETATION Definitions In this Agreement:TERMS