Common use of Disclosure to Licensor Clause in Contracts

Disclosure to Licensor. During the License Period and subject to the terms and conditions of this Agreement, Licensee agrees to disclose to Licensor all Licensee Improvements. For the purpose of imparting technical information to Licensor regarding the Licensee Improvements, Licensee agrees at a frequency no less than once per calendar quarter year: 7.1.1 to advise Licensor within sixty (60) days of the development of any Licensee Improvements; 7.1.2 to permit Licensor’s employees and/or any technical consultants who have signed a confidentiality agreement substantially in the form of Schedule 8.2 or other confidentiality agreement reasonably acceptable to Licensee and such third party, to make such inspections of the Licensee Improvements as are acceptable to Licensee, in Licensee’s sole discretion, at reasonable times and at Licensor’s expense; 7.1.3 to furnish Licensor with copies of drawings and other available technical data relative to all raw materials and all equipment developed for or found particularly suitable for use in such Licensee Improvements; and 7.1.4 to furnish Licensor with copies of papers, documents and correspondence filed in the United States Patent and Trademark Office and foreign patent offices pertaining to those Licensee Patents which cover any aspect of such Licensee Improvements.

Appears in 1 contract

Sources: License Agreement (VIASPACE Inc.)

Disclosure to Licensor. During the License Period and subject to the terms and conditions of this Agreement, Licensee agrees to disclose to Licensor all Licensee Improvements. For the purpose of imparting technical information to Licensor regarding the Licensee Improvements, Licensee agrees at a frequency no less than once per calendar quarter yearquarter: 7.1.1 to advise Licensor within sixty (60) days of the development of any Licensee Improvements; 7.1.2 to permit Licensor’s employees and/or any technical consultants who have signed a confidentiality agreement substantially in the form of Schedule 8.2 or other confidentiality agreement reasonably acceptable to Licensee and such third party, to make such inspections of the Licensee Improvements as are acceptable to Licensee, in Licensee’s sole discretion, at reasonable times and at Licensor’s expense; 7.1.3 to furnish Licensor with copies of drawings and other available technical data relative to all raw materials and all equipment developed for or found particularly suitable for use in such Licensee Improvements; and 7.1.4 to furnish Licensor with copies of papers, documents and correspondence filed in the United States Patent and Trademark Office and foreign patent offices pertaining to those Licensee Patents which cover any aspect of such Licensee Improvements.

Appears in 1 contract

Sources: Non Exclusive License Agreement (VIASPACE Inc.)