Common use of Technology Licensing Clause in Contracts

Technology Licensing. a. Subject to the terms and conditions of this Agreement, Paradyne hereby grants to and only to AGCS a non-exclusive, non-sublicensable (except as expressly provided herein), non-transferable license to use the Paradyne MVP Technology during the term of this Agreement solely (i) for the purpose of incorporating the Paradyne MVP Technology into the AGCS-developed Switch Product and to manufacture, or have manufactured, such Switch Product; and (ii) to distribute, sell and/or lease solely to Network Service Providers the Switch Product that incorporates the MVP Technology in accordance with the terms of this Agreement. AGCS may use distributors provided that each such distributor may not use other subdistributors and each distributor shall be bound by an enforceable writing to substantially the same limitations, conditions and restrictions as those set forth in this Agreement.

Appears in 4 contracts

Samples: Escrow Agreement (Paradyne Networks Inc), Escrow Agreement (Paradyne Networks Inc), Escrow Agreement (Paradyne Networks Inc)

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