Improvements and Modifications. Commodore also hereby licenses to MES, solely for the purposes stated in Section 2.1 hereof, all improvements or modifications to the Intellectual Property described on Schedule A hereto developed by Commodore (if any) and, for purposes of this Agreement, "Intellectual Property" shall include all improvements and modifications thereto developed by Commodore. Provided, that if any such improvements or modifications include Proprietary or non-proprietary equipment or hardware, MES shall exclusively bear the cost of same. Commodore shall sell such equipment or hardware to MES on terms no less favorable that it sells it to other third parties. Provided, that nothing in this Agreement shall be construed to obligate MES to license such improvements or modifications, to pay for the cost of same, if it does not desire to license such improvements or modifications.
Appears in 2 contracts
Sources: License Agreement (Commodore Separation Technologies Inc), License Agreement (Commodore Separation Technologies Inc)