Common use of License to Purchaser Clause in Contracts

License to Purchaser. Seller hereby grants to Purchaser a perpetual, non-exclusive, worldwide, fully paid, royalty-free license under the Retained IP to make, have made, use, import, offer for sale, sell, lease, export, copy, modify, adapt, distribute (directly or indirectly), display and perform the Acquired Products, including all Improvements thereto, within the Purchaser Field of Use. Solely in conjunction with any license, directly or indirectly, by Purchaser of any Intellectual Property Assets to a licensee for its manufacture, use, importation, offer for sale, sale, reproduction, distribution, modification, adaptation, display or performance of an Acquired Product(s) or Improvement thereto, Purchaser may sublicense some or all of its rights under the Retained IP or this License Agreement to such licensee, without accounting to or the payment of any royalties or other consideration to Seller. Any such sublicense must be limited to licensee’s manufacture, use, importation, offer for sale, sale, reproduction, distribution, modification, adaptation, display or performance of an Acquired Product(s) or Improvement thereto, and such licensee shall not be granted a right to further sublicense the rights under the Retained IP or this License Agreement.