Licensee Technology. In the event Licensee obtains a patent or patents for inventions pertaining to the subject matter claimed in the Licensed Patents, Licensee agrees to grant to the Licensor a nonexclusive license to use the invention or such patent or patents for the full term or terms hereof. If Licensor desires to grant sublicenses to use the Licensee's inventions(s) it will submit written requests to Licensee for its consent and approval which will in Licensee's reasonable discretion be granted or denied. Such nonexclusive license shall be subject to a running royalty to be paid by Licensor to Licensee equal to 6.75% of all Net Sales made by Licensor or any sub-licensee from Licensor. It is understood and agreed that the nonexclusive license to Licensor under this Article 7.2.2 is intended to apply to only those improvements and enhancements to the fingerprint card itself that is the Licensed Product of this Agreement, and not to technology developed by Licensee that is not incorporated into the fingerprint card itself. As used in this Article 7.2.2, "Net Sales" shall have the meaning specified in Article 1.12 of this Agreement, except that: all references to "Licensor" in Article 1.12 shall be deemed to mean "Licensee"; all references to "Licensee" in Article 1.12 shall be deemed to mean "Licensor"; and all references to "Licensor Technology" in Article 1.12 shall be deemed to mean "Licensee Technology";
Licensee Technology. Licensee represents and warrants in recognition of mutual benefits to be derived by Licensee, that it shall grant to Licensor a nonexclusive, royalty free license, with the right to sublicense, to make, use, and sell any Licensee made improvement or enhancement or improvement or enhancement made on behalf of Licensee, to the Licensed Product (Licensee Technology). With regard to technology developed by Licensee, Licensee represents and warrants that it shall have the sole and exclusive right to grant the license to manufacture, use, sell, and otherwise transfer Licensee's Technology relating to the System to Licensor.
Licensee Technology. Licensee will be the sole owner of the Licensee Technology, subject to Section 7.3, above, and Section 10.2(a)(iii), below.
Licensee Technology. Licensee represents and warrants in recognition of mutual benefits to be derived by Licensee, Licensor and the TDPs that it shall grant to the Licensor a nonexclusive, royalty free license, with the right to sublicense, to make, use, and sell outside the Field of License any Licensee made improvement or enhancement to the fingerprint card that is the Licensed product of this Agreement. With regard to technology developed by Licensee, Licensee represents and warrants that it shall have the sole and exclusive right to grant the license to manufacture, use, sell, and otherwise transfer Licensee's Technology relating to the System to Licensor. It is understood and agreed that the nonexclusive, royalty free license to Licensor under this Article 7.2.2 is intended to apply to only those improvements and enhancements to the fingerprint card itself that is the Licensed Product of this Agreement, and not to technology developed by Licensee that is not incorporated into the fingerprint card itself.
Licensee Technology. The Licensee Technology and all Intellectual Property Rights therein are, and/or will remain, the sole and exclusive property of Licensee and its suppliers, if any.
Licensee Technology. Licensee grants to Licensor, a limited, non-exclusive right and license, under Licensor's Intellectual Property Rights, to use Licensee Technology solely to develop Joint Technology and in connection with the manufacture, distribution and sale of products that include Joint Technology.
Licensee Technology. All Licensee Technology shall, as between Licensor and Licensee, remain the sole property of Licensee, and nothing in this Agreement or its performance shall grant to Licensor any right in the Licensee Technology or restrict the ability of Licensee to use the Licensee Technology as Licensee elects in its sole discretion.
Licensee Technology. Licensee shall own all technology solely developed by Licensee. Furthermore, Licensee shall own all derivative works, enhancements, improvements and modifications to the technology that is proprietary to Licensee and is provided to ETC pursuant to this agreement (collectively "Advancements to Licensee Technology"). Advancements to Licensee Technology are intended to encompass all developments which either would not or could not have been made absent access to the technology that is proprietary to Licensee and is provided to ETC pursuant to this agreement. Such advancements to Licensee Technology are not intended to cover features which are completely independent and separable from the technology that is proprietary to Licensee and is provided to ETC pursuant to this agreement.
Licensee Technology. Licensor hereby covenants not to practice, and not to permit or cause any Affiliate, sublicensee or other Third Party to practice, any Licensee Technology for any purpose except as expressly authorized in this Agreement.
Licensee Technology. Licensee will have the exclusive right, but not the obligation, to initiate an infringement, misappropriation or other appropriate suit anywhere in the world against any Third Party with respect to the Licensee Technology at its sole cost and expense and to retain all recoveries obtained as a result thereof.
