License Agreement Non-Exclusive

2.6 HARVARD is the wish to grant such a licence to LICENSEE in accordance with the terms of this Agreement. Each company must decide whether an exclusive licensing agreement is worth paying a high-end price or whether it would be sufficient to obtain guarantees for limited competition in a particular geographic area or sector, often at a much lower price. An exclusive license gives the licensee a unique license for the use of the relevant intellectual property. No other entity, including the licensee party ( the licensee), has the right to use the intellectual property covered by the license, unless certain carve-outs are included in the agreement. 4.1 LICENSEE pays HARVARD a non-refundable licence fee of $[amount] dollar (amount)). A much less worn form of licence is an exclusive license. This is generally considered an exclusive license, with the exception of the fact that the licensee reserves the right to use intellectual property himself. The licensee does not have the right to issue other sub-licences. Although this is the generally understood meaning, it would be preferable for the parties to intend to explicitly state in the agreement the extent of the rights of each licensor and the licensee. Although in both cases the licensee authorizes the donor to use its intellectual property in exchange for negotiated compensation, the exclusive and non-exclusive licenses relate to the degree of exclusivity granted to the taker. (a) “Statement of Policy in Regard to Inventions, Patents and Copyrights,” August 10, 1998, Public Law 96-517, Public Law 98-620 and HARVARD`s obligations under agreements with other sponsors of research. Any law that is greater than the law authorized by public law 96-517 or by public law 98-620 is subject to an amendment to the extent necessary to comply with the provisions of these statutes. 5.1 Prior to the signing of this agreement, LICENSEE provided Harvard with a written research and development plan under which LICENSEE plans to commercially exploit the purpose of the licensing granted under this agreement after the implementation of this agreement.

This plan includes sales forecasts and proposed marketing efforts. 8.5 a) LICENSEE provides HARVARD and its current or former directors, Board members, directors, administrators, administrators, teachers, medical and professional staff, collaborators and agents, as well as their successors, heirs and beneficiaries of the assignment (together the “INDEMNITEES”) of and against any free claim, liability, cost, cost, damage, defect, loss or obligation of any kind (including , but not limited to legal and other litigation costs and costs) (collectively “claims”) that are based on this agreement, arising from or other means related to this agreement, including, but not limited to, liability measures as a result of products, processes or services manufactured, used or sold pursuant to legislation or licensing granted under this agreement. (c) Harvard may terminate this licence at any time after [the number] of years from the entry into force of this agreement, if the progress reports provided by LICENSEE do not prove, in THE reasonable judgment of HARVARD, that LICENSEE: Occasionally and particularly in cooperation with American companies, a license may be expressed as “alone and exclusive”. Since these two terms do not necessarily mean the same thing, it is best not to press a license in this way.

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