Know-How definition
Examples of Know-How in a sentence
Licensee shall promptly cease all such activities and, within thirty (30) days of termination, return or destroy all Confidential Information, Know-How, and materials received from Licensor, and certify such return or destruction in writing.
Upon the expiry of the term of Licensor Patents, Licensee shall be obligated to pay 1.5% of its Net Sales of Licensed Products in consideration solely for its exclusive license to Licensor Know-How and Licensor Intellectual Property, which remains confidential.
In consideration for the exclusive license and rights granted to Licensee herein, including but not limited to access to Know-How, Licensed Patents and Licensor Intellectual Property, Licensee hereby agrees to pay 1.5% of Net Sales during the Royalty Term.