10.1 Harvard does not guarantee the validity of the licensed patent rights and gives no assurance as to the extent of the patent rights granted or that these patent rights or biological materials can be exploited by LICENSEE, an AFFILIATE or a sublicensed without infringing other patents. On the other hand, a non-exclusive license gives the licensee the right to use intellectual property rights, but not exclusively. This means that the licensee can still exploit the same intellectual property rights and can allow other takers to benefit from the same intellectual property. Under an exclusive licence, the parties agree that no other person/person with the force of doing things can exploit the relevant intellectual property rights than the licensee. Exclusive licensing classification is not restrictive and other types of licenses are available. There is an “exclusive” licensee that licenses multiple licenses unlike a single licensee, but accepts that it limits licenses to a limited group. Then there are individual licenses. These are exclusively in a way that there are no additional licensees, but the licensee reserves his right to use their own intellectual property. (i) the number of PRODUITS IN LICENCE SOLD IN EVERY COUNTRY BY LICENSEE, its AFFILIATES and sublicensings; When granting or granting a licence under intellectual property rights, parties must consider the degree of exclusivity granted as soon as possible. An exclusive licensing agreement includes a license limited to a particular field or subject, for example. B a market, a territory, a long period or a period of context. Read 3 min If a licence is declared “exclusive” but limited to a particular territory or area of use, the parties should carefully consider the extent to which the licensee is entitled to pursue, defend and enforce intellectual property rights.
Although the licence is declared “exclusive,” other licenses could be granted as part of equal intellectual property rights in other areas and/or areas. These other licensees may participate in the prosecution, defence and respect of intellectual property rights, as these activities may affect the value of their licence. In this sense, a limited licence for territories or territories does not mean a fully exclusive licence. A non-exclusive license gives the purchaser the right to use intellectual property, but means that the licensee is free to use the same intellectual property and allow any number of other takers to benefit from the same intellectual property. (a) LICENSEE pays HARVARD a licence fee of (number) of 10 per cent ([number]) for the duration of license and sublicensing NET SALES agreement. In the case of sublicensings, LICENSEE also pays HARVARD a fee of [number] of 1%([number]) – VON NON-ROYALTY SUBLICENSE INCOME.