Filing at University’s Expense. If XYZ elects not to have a Patent application filed in any country with respect to a University Invention or Joint Invention within _____ (__) days from written disclosure of any University Invention or Joint Invention pursuant to Section 5.05, University may, at its own expense, file and prosecute such Patent application, and such Patent application and any Patents issuing therefrom shall not be included within the license option granted to XYZ pursuant to Section 6.01, and University will be free to license its rights in such Patent to any third party or assign such Patent to any third party.
Appears in 3 contracts
Sources: Collaborative Research Agreement, Collaborative Research Agreement, Collaborative Research Agreement