Common use of Technology Exchange Clause in Contracts

Technology Exchange. For so long as Licensee or a Sublicensee is obligated to pay the Royalty to Interline, Licensee and Sublicensees shall keep Interline informed of "Licensee Improvements", and Interline shall inform Licensee or Sublicensees of "Interline Improvements."

Appears in 2 contracts

Sources: Unit Purchase Agreement (Interline Resources Corp), Unit Purchase Agreement (Interline Resources Corp)