Common use of Continued Development Clause in Contracts

Continued Development. In order to facilitate continued development of, and integration with, each Service API and Web Service by You and others, (a) You hereby grant to Mastercard, licensees of Mastercard Developers Materials, and users of each Service API and Web Service a limited non-exclusive, royalty-free, irrevocable, worldwide license under any patent claims arising from Your development of or otherwise owned or licensable by You and covering Licensed Implementations to use, make, have made, sell, offer to sell, and import the products, services, and solutions that implement a Service API or that integrate with a Web Service; and (b) You hereby grant to Mastercard a perpetual, irrevocable, nonexclusive, transferable, royalty-free, fully paid-up, worldwide license with the right to grant sublicenses to use and exploit in any manner and without any restrictions, any suggestions that You provide to Mastercard regarding a Service API, a Web Service, or the Mastercard Developers Materials, including suggestions for improvements and corrections. In addition, Mastercard is not obligated to maintain the confidentiality of any information made available by You to Mastercard under this Agreement.