Development Program Licenses Clause Samples
The Development Program Licenses clause defines the terms under which licenses are granted for the use of intellectual property or technology within a specific development program. Typically, this clause outlines the scope, duration, and limitations of the licenses, specifying which parties can use the licensed materials, for what purposes, and under what conditions. For example, it may allow a partner company to use proprietary software solely for research and development activities related to a joint project. The core function of this clause is to clearly delineate the rights and restrictions associated with the use of licensed assets during the development phase, thereby preventing misuse and ensuring both parties understand their obligations and entitlements.
Development Program Licenses. Notwithstanding anything contained herein to the contrary, either Party shall have the right to grant sublicenses under the license granted to it under Sections 6.1.1(a) and 6.1.2(a) solely to Third Party subcontractors engaged by such Party to perform designated functions related to the conduct of Development activities under the Development Program or to Affiliates; provided however, that (a) such Party shall obtain the prior approval of the JDC, as reflected in minutes of the JDC, to each sublicense grant; (b) such Party shall remain responsible for the satisfactory accomplishment of such work in accordance with the terms and conditions of this Agreement; and (c) each such subcontractor shall enter into a written agreement containing such provisions as are normal and customary for similar types of agreements.
Development Program Licenses. Subject to the terms and conditions of this Agreement, Alzheon hereby grants to Institute a non-exclusive, non-transferable, non- sublicensable, worldwide, royalty-free license, under the Alzheon Technology, to conduct the Development Program in accordance with the Development Plan. Subject to the terms and conditions of this Agreement, Institute hereby grants to Alzheon a non-exclusive, non-transferable, non-sublicensable, worldwide, royalty-free license, under the Institute Technology, to conduct the Development Program in accordance with the Development Plan.
Development Program Licenses. Notwithstanding anything contained herein to the contrary, MERCK shall have the right to grant sublicenses under the license granted to it under Sections 6.1.1(a) and 6.1.2(a) solely to Third Party subcontractors engaged by such Party to perform designated functions related to the conduct of Development activities under the Development Program or to Affiliates; provided however, that (a) MERCK shall remain responsible for the satisfactory accomplishment of such work in accordance with the terms and conditions of this Agreement; and (b) each such subcontractor shall enter into a written agreement containing such provisions as are normal and customary for similar types of agreements.
Development Program Licenses