Common use of Background Patents Clause in Contracts

Background Patents. Ventana shall have the right, but no obligation, to prosecute and maintain, and to control, enforce, and defend worldwide, at its own expense, Ventana Background Intellectual Property. Blueprint shall have the right, but no obligation, to prosecute and maintain, and to control, enforce, and defend worldwide, at its own expense, Blueprint Background Intellectual Property.

Appears in 2 contracts

Sources: Master Collaboration Agreement (Blueprint Medicines Corp), Master Collaboration Agreement (Blueprint Medicines Corp)