Technology Agreements. The Company shall have used commercially reasonable efforts to improve the terms of the draft Exclusive License Agreement between the Company and the University of California regarding Pending U.S. Patent Application Serial No. 08/351,803 (the "Patent"), which was attached to a letter from ▇▇▇▇ ▇▇▇▇▇▇▇ to the Company dated July 29, 1996 and a copy of which has been delivered to the Investor (the "Draft Agreement"), and the Company shall have entered (a) into an agreement with the University of California for license of the Patent on terms no less favorable to the Company than the Draft Agreement and (b) into an agreement with the University of California for the commercial use of certain intellectual property known as "Time-
Appears in 2 contracts
Sources: Securities Purchase Agreement (Scientific Learning Corp), Securities Purchase Agreement (Scientific Learning Corp)