Common use of The License Clause in Contracts

The License. 1.1. DDS shall remain Proprietor of all the DDS IONTOPHORETIC PATENT RIGHTS but hereby grants to IOMED for the term of the Agreement an exclusive (including as to DDS) license in the TERRITORY, with the right to grant sublicenses pursuant to and in accordance with the provisions of Article II Paragraph 2, to research, develop, manufacture, have manufactured for IOMED (or its permitted sublicensees), use, sell and otherwise commercialize the DDS IONTOPHORETIC PATENT RIGHTS and the PRODUCTS in the FIELD under the terms and conditions set out herein.