option agreement - wright state university:期权协议-莱特州立大学

option agreement - wright state university:期权协议-莱特州立大学

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时间:2018-07-08

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1、OPTION[ANDRESEARCHLICENSE]AGREEMENTThisAgreementisenteredintoasof___________,20__(the“EffectiveDate”),between[NAMEOFFOUNDATION],anOhiononprofitcorporation,havingaprincipalplaceofbusinessat[ADDRESS](“Foundation”)and[NAMEOFENTITY],a[STATEOFORGANIZATION][TYPEOFENTITY]withapri

2、ncipalplaceofbusinessat[ADDRESS](“Optionee”).BACKGROUNDA.Foundationistheownerofallrightstoandinterestsinthediscoveries,inventionsandpatentsconstitutingtheOptionedTechnology(definedbelow).B.Foundationdesirestohavesuchdiscoveries,inventionsandpatentscommerciallydevelopedtose

3、rvethepublicgood.C.OptioneemaybeinterestedinobtainingalicenseundertheOptionedTechnology[,anddesiresaperiodoftimeinwhichtoevaluatewhethertonegotiatealicensethereto].Thepartiesthereforeagreeasfollows:ARTICLEI-DEFINITIONSForpurposesofthisAgreement,thefollowingwordsandphrasesh

4、avethefollowingmeanings:1.1“OptionField”meansthefieldofusesetforthinAppendixA.1.2“OptionPeriod”meanstheperiodsetforthinAppendixA.1.3.“OptionTerritory”meanstheterritorysetforthinAppendixA.1.4“OptionedPatents”meansthepatentsandpatentapplicationssetforthinAppendixA.1.5“Option

5、edTechnology”meansthetechnologysetforthinAppendixA.1.6“FoundationIndemnitees”meansFoundation,[NameofUniversity],andtheirrespectiveemployees,students,trustees,agentsandconsultants.1.7“Products”meansaproduct,orpartofaproduct,oraprocessintheOptionedFieldofUse:(a)themaking,hav

6、ingmade,using,importing,practicing,sellingorleasingofwhich,absentthislicense,infringes,inducesinfringement,orcontributestoinfringementofanyValidClaimofanOptionedPatent;or7(b)whichismadewith,uses,incorporatesorpracticesanyOptionedTechnology.1.8“ValidClaim”meansanyissuedclai

7、moftheOptionedPatentsthathasnotexpired,orbeenfinallyheldasinvalidorunenforceablebyacourtoradministrativebodyofcompetentjurisdictionfromwhichnoappealcanbeoristaken,aswellasanypendingclaimoftheOptionedPatentsthatisbeingprosecutedingoodfaith,andthathasnotbeenfinallyandconclus

8、ivelyrejected.ARTICLEII-GRANT2.1OptiontoaLicense.(a)SubjecttothetermsandconditionsofthisA

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