Necessary Claims Patent Clause Samples

Necessary Claims Patent. Licensee is obligated subject to reasonable and non- discriminatory terms and conditions, to grant a non-exclusive, worldwide non- transferable license under all Necessary Claims that are owned or licensable by Licensee without payment of royalties or other compensations to a third party other than its employees to Fellow Licensees, whether such entity becomes a Fellow Licensee before or after the Effective Date, solely in respect of such Fellow Licensee’s authorized activities under the CI Plus Device Interim License Agreement. Reasonable and non- discriminatory terms and conditions as used in this Section shall include, but are not limited to, any per patent royalty for Necessary Claims that is established in the marketplace.

Necessary Claims Patent. Licensee is obligated subject to reasonable and