Common use of Patent and Trademark Enforcement Clause in Contracts

Patent and Trademark Enforcement. With respect to any alleged infringement involving the Technology or any claim of any Patent or Trademark, ICB shall have the exclusive right, but not the duty, to institute patent, trademark or other infringement actions against Third Parties.

Appears in 3 contracts

Samples: Laboratory Services and License Agreement (Intellicell Biosciences, Inc.), Laboratory Services License Agreement (Intellicell Biosciences, Inc.), Laboratory Services License Agreement (PAWS Pet Company, Inc.)

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Patent and Trademark Enforcement. With respect to any alleged infringement involving the licensed Technology or any claim of any Patent or Trademark, ICB shall have the exclusive right, but not the duty, to institute patent, trademark or other infringement actions against Third Parties.

Appears in 1 contract

Samples: Laboratory Services License Agreement (Intellicell Biosciences, Inc.)

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Patent and Trademark Enforcement. With respect to any alleged infringement involving the Technology or any claim of any Patent or Trademark, ICB shall have the exclusive right, but not the duty, to institute patent, trademark or other infringement actions against Third Parties. In the event that ICB does not initiate infringement actions against Third Parties, the Licensee may initiate said actions on their own and as consideration for defending same ICB shall grant full ownership of the Technology within the Territory to the Licensee.

Appears in 1 contract

Samples: Agreement (Intellicell Biosciences, Inc.)

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