Common Contracts
1 similar Agreement Term Remarks contracts
AGREEMENT TERM REMARKS This PATENT SALE AGREEMENT (this “Agreement”) is entered into, as of (the “Effective Date”), by and between [Name of Seller Entity], with its principal offices at [Address of Seller] (“Seller”) and [Name of Purchaser Entity], a...Agreement Term Remarks • October 29th, 2017 • Delaware
option or the extension or renewal of a granted right. Such Obligations are disclosed on Exhibit B. “Patent(s)” means the patents and patent applications identified on Exhibit A. [8] “Person” means any individual or Entity. “Purchase Price” has the meaning set forth in subparagraph 2.2. [8] The purpose of this provision is to clearly define the “patent(s)” being transferred to those listed in Exhibit A. Please note that this also includes the rights defined in “Assigned Patent Rights” above. 2. ASSIGNMENT OF PATENT RIGHTS; PURCHASE PRICE; DELIVERABLES REMARKS 2.1 Assignment (a) Assignment of Assigned Patent Rights. Subject to the terms and conditions of this Agreement and Seller’s receipt of the Purchase Price under Section 2.2, effective as of Closing,[9] Seller hereby sells, assigns, transfers, andconveys to Purchaser all of Seller’s right, title, and interest in and to the Assigned Patent Rights subject to all Encumbrances and Obligations [10]. After Closing, at the reasonable re
