Licensing Activities. The Company will license its Patent Rights on a royalty-free basis to any Person that enters into a Company Licensing Agreement. The Company CEO will, subject to the approval of the Company Board, be responsible for the negotiation and execution of each Company Licensing Agreement, provided that any license of the Company’s Patent Rights that is not substantially in the form of the Form Company Licensing Agreement (as the same may be amended or modified from time to time) shall (in accordance with Section 4.02(c)(i)) [**].
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Red Hat Inc), Limited Liability Company Agreement (Red Hat Inc)