OPEN RIGHT. definition
OPEN RIGHT.. Open Right" means a right granted by ParkerVision to Licensee, which ParkerVision may also grant to one or more third parties.
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Related to OPEN RIGHT.
Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.
Step-in Rights means the right of one party to assume an intervening position to satisfy all terms of an agreement in the event the other party fails to perform its obligations under the agreement.
termination right have the respective meanings given in the PRA Contractual Stay Rules.
Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.
Put Right has the meaning set forth in Section 8.05(a).