Common use of By IBM Clause in Contracts

By IBM. for Integration of Future Releases of WAS-AE with the Termination Level Code. IBM grants Vision a nonexclusive, worldwide license to use, execute, reproduce, transmit, display, and perform the IBM Code in Object Code form only for the purpose of integrating the selected level of the IBM Code (provided by IBM to Vision pursuant IBM's exercise of the option defined in Section 10.6.3 of this Agreement) with the latest version or release of the Vision Code distributed as part of the Integrated Code at the time of termination or expiration of this Agreement.

Appears in 2 contracts

Sources: Joint Product and Marketing Agreement (Versata Inc), Joint Product and Marketing Agreement (Versata Inc)