SR Technology definition
SR Technology means (a) short-read DNA sequencing technology and related sample preparation, sample deposition, sequencing preparation, sequencing reagent and detection technologies; (b) [***]; (c) [***]; (d) technologies in and related to the Products, and (e) all Intellectual Property owned and controlled by Seller or any of its Subsidiaries as of the Closing Date resulting from its acquisitions of [***] and [***], respectively.
Examples of SR Technology in a sentence
Seller and its Subsidiaries have taken all commercially reasonable steps that are required to maintain and protect the confidentiality of the Trade Secrets included in the Transferred IP, in each case to the extent used in connection with the SR Technology.
For six (6) months following the Closing, Seller will make available its Representatives with knowledge of and expertise in the SR Technology for consultation with Buyer regarding the Purchased Assets for up to eighty (80) hours upon Buyer’s reasonable request, provided that Buyer shall pay Seller at a rate of $[***] per hour after the first forty (40) hours.