Common use of Patent Enforcement Clause in Contracts

Patent Enforcement. The Company shall have the sole discretion whether to obtain, maintain, modify or enforce any domestic or foreign patent for said Inventions assigned to the Company pursuant to this Agreement. The Company is free to enter into any licensing or assignment agreement with any third party or to use whatever means it deems best to develop, promote or market said Inventions assigned to the Company pursuant to this Agreement or any domestic or foreign patent thereof.

Appears in 11 contracts

Samples: Employment Agreement (Molecular Biosystems Inc), Employment Agreement (Palatin Technologies Inc), Employment Agreement (Molecular Biosystems Inc)

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