Common use of Device Agreement Clause in Contracts

Device Agreement. If the Executive Committee determines that a relationship or relationships with one or more device companies is appropriate for commercialization of one or more of the Collaboration Products, GenVec and Warner will jointly select such company or companies with expertise in the development and commercialization of devices for the delivery of therapeutic agents (each a "Device Company") and shall jointly negotiate with any such Device Company the terms of an agreement for use of the applicable Collaboration Products in the Field with a device or devices. During the term that Warner has rights hereunder with respect to a particular Collaboration Product, except in connection with an Asian Partner, neither Party may license any of its Patents or Know-How to, or otherwise collaborate in the Field in the Territory or Co- Promotion Countries with, any Third Party (other than a Sublicensee) for use of a Collaboration Product with a delivery device, except pursuant to an agreement mutually acceptable to GenVec and Warner (a "Device Company Agreement").

Appears in 2 contracts

Sources: Research and Development Agreement (Genvec Inc), Research and Development (Genvec Inc)

Device Agreement. If the Executive Committee determines that a ---------------- relationship or relationships with one or more device companies is appropriate for commercialization of one or more of the Collaboration Products, GenVec and Warner will jointly select such company or companies with expertise in the development and commercialization of devices for the delivery of therapeutic agents (each a "Device Company") and shall jointly negotiate with any such Device Company the terms of an agreement for use of the applicable Collaboration Products in the Field with a device or devices. During the term that Warner has rights hereunder with respect to a particular Collaboration Product, except in connection with an Asian Partner, neither Party may license any of its Patents or Know-How to, or otherwise collaborate in the Field in the Territory or Co- Promotion Countries with, any Third Party (other than a Sublicensee) for use of a Collaboration Product with a delivery device, except pursuant to an agreement mutually acceptable to GenVec and Warner (a "Device Company Agreement").

Appears in 1 contract

Sources: Research and Development Agreement (Genvec Inc)