BIU Team definition
Examples of BIU Team in a sentence
For purposes of this Section 5.1, the term “exclusive” means that, subject to Section 6.5, Licensors shall not have any right to grant such licenses or rights to any third party or engage in any of the foregoing, subject, however, to Licensors’ rights to license TAU, BIU and members of the TAU Team and BIU Team to practice and utilize such rights and licenses to conduct the Ramot Research and BIRAD Research.
The Licensors, the TAU Team and the BIU Team shall be entitled to freely use and to grant others the right to use all such materials, documents and know-how delivered pursuant to this 13.4.3.
BIRAD shall cause all members of the BIU Team to execute a team agreement in the form attached hereto as Exhibit 9.1.2.2(b).
Without limiting the foregoing Sponsor solely owns all rights and title in and to the Sponsor’s Patents, and BIRAD and/or BIU solely own any underlying methodology or know how to be used by the Principle Investigator, BIU or BIU Team, if any, to perform the Research.
Upon termination or expiration of this Agreement, BIRAD shall retain title to all equipment or material purchased or fabricated by BIRAD, the Principal Investigator or the BIU Team with funds provided by Sponsor.