Global Patent Licensing Agreement

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(3) In the case of a sublicensing of a formulation, the sublicensing fee is 20% (20%) Charges paid - based on sales made by the sublicensing. 7.2 HARVARD and LICENSEE cooperate fully in the preparation, filing, prosecution and maintenance of PATENT RIGHTS and all patents and patent applications authorized by LICENSEE under this agreement, and execute all documents and instruments or require HARVARD members to execute these documents and instruments to enable HARVARD to apply for, pursue and maintain patents and patents on behalf of HARVARD in any country. Each party immediately informs the other party of any issues brought to its attention that may affect the preparation, filing, prosecution or maintenance of these patent applications or patents. In particular, LICENSEE must immediately notify HARVARD whether LICENSEE or an AFFILIATE or licensee (or option holder) is not classified as a "small entity" as provided by the U.S. Patent and Trademark Office. 2.1 HARVARD is the owner by the transfer of its entire right, title and interest in the United States patent application [serial number] entitled [invention] (Harvard case [number]), in corresponding foreign patent applications and on the inventions described and claimed there. Gustav Brismark, Ericsson`s Chief Intellectual Property Officer, said: "We are very pleased with this new agreement with LG. It will allow us to focus on developing new technologies for the global market and expand our already leading patent portfolio in the sector. The agreement confirms the value of our patent portfolio and confirms our ability to license it on french terms. (g) a licence in another area or area of use, in addition to the territory and/or FIELD, is subject to a separate agreement and requires the presentation of satisfactory supporting documents for Harvard University and LICENSEE`s willingness and ability to develop and market in that other area and/or area of use the types of products or processes likely to be covered in that other area and/or field. 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.


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