Wick Development Election Clause Samples

Wick Development Election. During the Blackout Period, Marathon may elect, on written notice to Syntroleum, to have Wick participate in the development of cobalt-based ▇▇▇▇▇▇▇-Tropsch catalysts for use in ▇▇▇▇▇▇▇ Tropsch gas-to-liquids processes. Following such election, Wick shall have the right to participate in the development of ▇▇▇▇▇▇▇-Tropsch catalysts for use in ▇▇▇▇▇▇▇ Tropsch gas-to-liquids processes, whether air- or oxygen-based, land- or marine-based, or based on cobalt catalysts, and shall have the right to use the Red-Hat Information in connection therewith. Subject to Section 6.1, to the extent applicable, Marathon shall have the right to manufacture, have manufactured, and use in Licensed Plants any catalysts in which Wick participated in the development in accordance with this Section 5.2.