Common use of Seller's Ongoing Clause in Contracts

Seller's Ongoing. Rights The Seller may continue to enhance, modify, commercialize, and operate the Platform and related IP independently. The Seller retains the right to use all aspects of the Platform and Seller Intellectual Property Rights and may compete in the marketplace using its own enhancements. The Seller shall not incorporate the Buyer's proprietary modifications into its own platform without the Buyer's consent.

Appears in 2 contracts

Sources: Development and Transfer Agreement (GenEmbryomics LTD), Sale and Purchase Agreement of License Rights (GenEmbryomics LTD)