Common use of Back-Up Rights Clause in Contracts

Back-Up Rights. of the KH Agreement is hereby amended to provide that should either Geron or Kyowa Hakko determine not to file, prosecute, maintain or issue a Geron Patent, Kyowa Hakko Patent, or Joint Patent, then the rights of the party not making such determination shall be subject to P&U's rights, as provided in the Three-Way Agreement.

Appears in 2 contracts

Sources: License and Research Collaboration Agreement (Geron Corporation), License and Research Collaboration Agreement (Geron Corporation)