Common use of Third-Party Inventions Clause in Contracts

Third-Party Inventions. With Mice- [***]. The terms of this Section 8.4 shall apply when (A) an Antigen (i) has not yet been selected by either Grantee (or has been selected and later abandoned so that it is again available for selection) or (ii) has been selected by the transferring Grantee or (iii) has been selected by both Grantees and both Grantees have an option to enter into (and/or have entered into) a Co-Exclusive Worldwide Product License, and (B) a Grantee executes a material transfer agreement in connection with transferring to a third party Transferred Materials for such Antigen. It is understood that if an Antigen has been selected by both Grantees and both Grantees have the option to enter into a Co-Exclusive Worldwide Product License with respect to such Antigen, then the Grantees shall [***].