Common use of Grant and Reservation of Rights Clause in Contracts

Grant and Reservation of Rights. 3.1 The NIH hereby grants and the Institution accepts, subject to the terms and conditions of this Agreement, [***]. 3.2 The Government shall [***]. Any license granted by the Institution under the terms of this Agreement shall be subject to this right of the Government. 3.3 The NIH reserves the right to require the Institution, or its licensees, to grant sublicenses to responsible applicants, on terms that are reasonable under the circumstances when necessary to fulfill health or safety needs or when necessary to meet requirements for public use specified by Federal regulations. 3.4 In addition to the reserved right of Paragraph 3.3, the NIH reserves the right to require the Institution to grant Research Licenses on reasonable terms and conditions. The purpose of these Research Licenses is to encourage basic research, whether conducted at an academic or corporate facility. 3.5 The NIH acknowledges that Institution is required to, and that Institution may, include in any license for the Patent Rights granted by Institution provisions which comply with the HHMI licensing provisions set forth on Appendix B.