Common use of Control of PEVION Materials Clause in Contracts

Control of PEVION Materials. MYMETICS shall not transfer the PEVION Materials to, or permit access to the PEVION Materials to, any Third Party without prior written approval of PEVION, except for purposes contemplated in this Agreement (commercial development, use, and sale of the Product). MYMETICS shall not use and/or exploit the PEVION Materials for any purpose other than as set forth in this Agreement. For the purposes of this paragraph, "Third Party" shall not include those Affiliates, corporate partners, employees and consultants of MYMETICS who will be involved in the handling, testing and/or evaluation of PEVION Materials under this Agreement. The property of the Product passes to MYMETICS as provided for under this Agreement but the PEVION Materials shall remain the property of PEVION. Upon termination of this Agreement, MYMETICS shall discontinue its use of all PEVION Materials, and shall, upon the written request of PEVION, either return any such unused or remaining PEVION Materials to PEVION or destroy such PEVION Materials, and deliver to PEVION within 14 days of such notice a written statement signed by an officer of MYMETICS certifying that all unused or remaining PEVION Materials have been returned to PEVION or destroyed.

Control of PEVION Materials. MYMETICS shall not transfer the PEVION Materials or PEVION Materials combined with MYMETICS Material to, or permit access to the PEVION Materials toor PEVION Materials combined with MYMETICS Material by, any Third Party third party without prior written approval of PEVION, except for purposes contemplated in this Agreement (commercial development, use, and sale of the Product). MYMETICS shall not use and/or exploit the PEVION Materials or PEVION Materials combined with MYMETICS Material for any purpose other than as set forth in this Agreementthe Workplan. For the purposes of this paragraphhereof, "Third Partythird parties" shall not include those AffiliatesAffiliate, corporate partners, employees and consultants of MYMETICS who will be involved in the handling, testing and/or evaluation of PEVION Materials under this Agreementor PEVION Materials combined with MYMETICS Material as part of the Project. The property of the Product passes to MYMETICS as provided for under this Agreement but the PEVION Materials shall remain the property of PEVION. Upon termination of this Agreement, MYMETICS shall discontinue its use of all PEVION Materials, with respect to which it has not exercised its option pursuant to Article 4, and shall, upon the written request of PEVION, either return any such unused or remaining PEVION Materials to PEVION or destroy such PEVION Materials, and deliver to PEVION within 14 days of such notice a written statement signed by an officer of MYMETICS certifying that all unused or remaining PEVION Materials have been returned to PEVION or destroyed.

Control of PEVION Materials. MYMETICS shall not transfer the PEVION Materials or Combined Material to, or permit access to the PEVION Materials to, or Combined Materials to any Third Party third party without prior written approval of PEVION, except for purposes contemplated in this Agreement (commercial development, use, and sale of the ProductVirosomes formulated HIV peptide and protein antigens vaccines). MYMETICS shall not use and/or exploit the PEVION Materials or Combined Material for any purpose other than as set forth in this Agreement. For the purposes of this paragraphhereof, "Third Partythird parties" shall not include those Affiliates, corporate partners, employees and consultants of MYMETICS who will be involved in the handling, testing and/or evaluation of PEVION Materials or Combined Material under this Agreement. The property of the Product passes to MYMETICS as provided for under this Agreement but the PEVION Materials shall remain the property of PEVION. Upon termination of this Agreement, MYMETICS shall discontinue its use of all PEVION Materials, and shall, upon the written request of PEVION, either return any such unused or remaining PEVION Materials to PEVION or destroy such PEVION Materials, and deliver to PEVION within 14 days of such notice a written statement signed by an officer of MYMETICS certifying that all unused or remaining PEVION Materials have been returned to PEVION or destroyed.