Common use of Stock on Hand Clause in Contracts

Stock on Hand. In the event this Agreement is terminated for any reason, Fuso and its Affiliates and Sublicensees shall have the right to sell or otherwise dispose of the stock of any Collaboration Products then on hand subject to Articles 3 and 4 and the other applicable terms of this Agreement.

Appears in 4 contracts

Samples: Commercialization Agreement (Genvec Inc), New Commercialization Agreement (Genvec Inc), New Commercialization Agreement (Genvec Inc)

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Stock on Hand. In the event this Agreement is terminated for ------------- any reason, Fuso and its Affiliates and Sublicensees shall have the right to sell or otherwise dispose of the stock of any Collaboration Products then on hand subject to Articles 3 and 4 and the other applicable terms of this Agreement.

Appears in 2 contracts

Samples: Commercialization Agreement (Genvec Inc), Commercialization Agreement (Genvec Inc)

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