Common use of Additional Patents Clause in Contracts

Additional Patents. If, after the Closing Date, the Company determines that it requires a license for products developed by the Company after the Closing Date under a Patent owned by the Siemens Group (other than the SieStorage Dual Use Patents, the Licensed Siemens IP, if any, and the Third List for Dual Use IP) in order to conduct any Non-Exclusive Activities, the Company will identify that Patent and the Company’s intended use in writing to the Siemens SI DS FG Head. Upon such notification, the Parties will negotiate in good faith the terms and conditions of a separate license agreement governing the Company’s use of the identified Patent and any associated royalties and other consideration to be paid to Siemens by the Company in connection with that license agreement.

Additional Patents. If, after the Closing Date, the Company determines that it requires a license for products developed by the Company after the Closing Date under a Patent owned by the Siemens Group (other than the SieStorage Dual Use Patents, the Licensed Siemens IP, if anyListed Dual Use IP, and the Third List for Dual Use IP) in order to conduct any Non-activities within the Exclusive Activities, the Company will identify that Patent and the Company’s intended use in writing to the Siemens SI DS FG Head. Upon such notification, the Parties will negotiate in good faith the terms and conditions of a separate license agreement governing the Company’s use of the identified Patent and any associated royalties and other consideration to be paid to Siemens by the Company in connection with that license agreement.

Additional Patents. If, after the Closing Date, the Company determines that it requires a license for products developed by the Company after the Closing Date under a Patent owned by the Siemens Group Group, if any, (other than the SieStorage Dual Use Patents, the Licensed Siemens IP, if any, and the Third List for Dual Use IP, if any) in order to conduct any Non-Exclusive Activities, the Company will identify that Patent and the Company’s intended use in writing to the Siemens SI DS FG Head. Upon such notification, the Parties will negotiate in good faith the terms and conditions of a separate license agreement governing the Company’s use of the identified Patent and any associated royalties and other consideration to be paid to Siemens by the Company in connection with that license agreement.