Common Contracts

Contract

October 29th, 2017

• Filed
  October 29th, 2017

License Remarks This License Agreement, [1] effective as of the day of , 201_ (the "Effective Date"), is between ("Company"), a , with a principal place of business at , and ("Licensee"), a , with a principal place of business at . Company and Licensee may each hereafter referred to individually as a "Party" and together as the "Parties." R E C I T A L S WHEREAS, Company is the owner of certain Patent Rights (as later defined herein) and has the right to grant licenses under said Patent Rights; and WHEREAS, Licensee desires to obtain a license under the Patent Rights and Company is willing to grant such license under the terms and conditions hereinafter set forth. NOW, THEREFORE, for and in consideration of the mutual covenants contained herein, the Parties agree as follows: 1. DEFINITIONS 1.1 "Affiliate" shall mean, with respect to a Party, an entity that directly or indirectly controls, is controlled by, or is under common control with such Party. 1.2 "Field" shall mean . 1.3 "Issue