Common use of Required Sublicensing Clause in Contracts

Required Sublicensing. 3.3.1 If LICENSEE is unable or unwilling to develop a potential LICENSED PRODUCT or to serve a market territory for which there is an organization willing to be a sublicensee, LICENSEE will, at JHU's request, negotiate in good faith a sublicense with any such potential sublicensee.

Appears in 3 contracts

Sources: Exclusive License Agreement, Exclusive License Agreement (SignPath Pharma, Inc.), Exclusive License Agreement