Common use of Excluded Applications Clause in Contracts

Excluded Applications. In the event that Kidde does not agree to market and/or manufacture the new Product or new Application, then Kidde shall in good faith endeavor to license such research and development products, information and results to USGN upon such terms and conditions, including but not limited to terms and conditions of use, and subject to a reasonable royalty rate to be mutually agreed upon by the parties in a separate written agreement.