Common use of Grant of Approval Clause in Contracts

Grant of Approval. 1.1 The LICENSEE has requested for a license to use the breeder seed of VL Gehun 967 (Hereinafter referred to as the ‘Seed/Seeds’) developed by the ICAR-VPKAS/LICENSOR and described in details in Appendix A for commercialisation. The LICENSOR hereby grants to the LICENSEE, and the LICENSEE hereby accepts at its free will, a non-exclusive and non-transferable license to make, have made, produce, have produced, multiply, have multiplied, sell, have sold and offer to sell the seed of VL Gehun 967 in the territory as specified in the MoA to use the Seed, subject to the terms and conditions contained in this MoA. 1.2 The LICENSOR shall provide 100 Kg breeder seed of VL Gehun 967 at the basic cost of breeder seed to the LICENSEE after receiving one-time License fee, royalty and taxes as applicable as per clause 4. 1.3 The LICENSEE shall provide the detailed information to the LICENSOR regarding the location of the fields where the LICENSEE is producing the foundation seed and/or certified seed of VL Gehun 967. Such information should be provided as soon as possible, latest within two weeks of planting. The LICENSOR at its discretion will have the right to inspect these fields to ensure the quality of production. 1.4 The LICENSEE shall submit to the LICENSOR a report indicating the production figures (Quantity of Foundation Seed multiplied/ Produced and/or Certified seed produced), immediately after the harvest of the crop, not later than 30 days of harvest. 1.5 The LICENSEE shall take the basic breeder seed transferred by the LICENSOR to only one stage of foundation seed to produce the certified or commercial seed. 1.6 For subsequent years, to maintain the purity of the variety, the LICENSEE will have to purchase 100 kg breeder seed or as per the available quantity of the breeder seed of the licensed Wheat variety VL Gehun 967 every year during the term of MoA from the LICENSOR at the basic cost of breeder seed and royalty of Rs. 10/Kg of Breeder seed and taxes as applicable along with the basic seed cost of breeder seed for VL Gehun 967. 1.7 In case, the LICENSEE does not procure the breeder seed every year from the LICENSOR as per clause 1.6, the Agreement will be terminated and the LICENSEE will forfeit the licensing fee and the royalty paid. The LICENSOR reserves the right to debar the LICENSEE from licensing any other technology during the term of this Agreement. 1.8 The territory of the LICENSEE shall be the territory of India. 1.9 The LICENSOR does not confer any right upon the LICENSEE to sub-license the license without written consent of the LICENSOR except as provided in this MoA.

Grant of Approval. 1.1 The LICENSEE has requested for a license to use the breeder seed of VL Gehun 967 3004 (Hereinafter referred to as the ‘Seed/Seeds’) developed by the ICAR-VPKAS/LICENSOR and described in details in Appendix A for commercialisation. The LICENSOR hereby grants to the LICENSEE, and the LICENSEE hereby accepts at its free will, a non-exclusive and non-transferable license to make, have made, produce, have produced, multiply, have multiplied, sell, have sold and offer to sell the seed of VL Gehun 967 3004 in the territory as specified in the MoA to use the Seed, subject to the terms and conditions contained in this MoA. 1.2 The LICENSOR shall provide 100 Kg breeder seed of VL Gehun 967 3004 at the basic cost of breeder seed to the LICENSEE after receiving one-time License fee, royalty and taxes as applicable as per clause 4. 1.3 The LICENSEE shall provide the detailed information to the LICENSOR regarding the location of the fields where the LICENSEE is producing the foundation seed and/or certified seed of VL Gehun 9673004. Such information should be provided as soon as possible, latest within two weeks of planting. The LICENSOR at its discretion will have the right to inspect these fields to ensure the quality of production. 1.4 The LICENSEE shall submit to the LICENSOR a report indicating the production figures (Quantity of Foundation Seed multiplied/ Produced and/or Certified seed produced), immediately after the harvest of the crop, not later than 30 days of harvest. 1.5 The LICENSEE shall take the basic breeder seed transferred by the LICENSOR to only one stage of foundation seed to produce the certified or commercial seed. 1.6 For subsequent years, to maintain the purity of the variety, the LICENSEE will have to purchase 100 kg breeder seed or as per the available quantity of the breeder seed of the licensed Wheat variety VL Gehun 967 3004 every year during the term of MoA from the LICENSOR at the basic cost of breeder seed and royalty of Rs. 10/Kg of Breeder seed and taxes as applicable along with the basic seed cost of breeder seed for VL Gehun 9673004. 1.7 In case, the LICENSEE does not procure the breeder seed every year from the LICENSOR as per clause 1.6, the Agreement will be terminated and the LICENSEE will forfeit the licensing fee and the royalty paid. The LICENSOR reserves the right to debar the LICENSEE from licensing any other technology during the term of this Agreement. 1.8 The territory of the LICENSEE shall be the territory of India. 1.9 The LICENSOR does not confer any right upon the LICENSEE to sub-license the license without written consent of the LICENSOR except as provided in this MoA.

Grant of Approval. 1.1 The LICENSEE has requested for a license to use the breeder seed of VL Gehun 967 953 (Hereinafter referred to as the ‘Seed/Seeds’) developed by the ICAR-VPKAS/LICENSOR and described in details in Appendix A for commercialisation. The LICENSOR hereby grants to the LICENSEE, and the LICENSEE hereby accepts at its free will, a non-exclusive and non-transferable license to make, have made, produce, have produced, multiply, have multiplied, sell, have sold and offer to sell the seed of VL Gehun 967 953 in the territory as specified in the MoA to use the Seed, subject to the terms and conditions contained in this MoA. 1.2 The LICENSOR shall provide 100 Kg breeder seed of VL Gehun 967 953 at the basic cost of breeder seed to the LICENSEE after receiving one-time License fee, royalty and taxes as applicable as per clause 4. 1.3 The LICENSEE shall provide the detailed information to the LICENSOR regarding the location of the fields where the LICENSEE is producing the foundation seed and/or certified seed of VL Gehun 967953. Such information should be provided as soon as possible, latest within two weeks of planting. The LICENSOR at its discretion will have the right to inspect these fields to ensure the quality of production. 1.4 The LICENSEE shall submit to the LICENSOR a report indicating the production figures (Quantity of Foundation Seed multiplied/ Produced and/or Certified seed produced), immediately after the harvest of the crop, not later than 30 days of harvest. 1.5 The LICENSEE shall take the basic breeder seed transferred by the LICENSOR to only one stage of foundation seed to produce the certified or commercial seed. 1.6 For subsequent years, to maintain the purity of the variety, the LICENSEE will have to purchase 100 kg breeder seed or as per the available quantity of the breeder seed of the licensed Wheat variety VL Gehun 967 953 every year during the term of MoA from the LICENSOR at the basic cost of breeder seed and royalty of Rs. 10/Kg of Breeder seed and taxes as applicable along with the basic seed cost of breeder seed for VL Gehun 967953. 1.7 In case, the LICENSEE does not procure the breeder seed every year from the LICENSOR as per clause 1.6, the Agreement will be terminated and the LICENSEE will forfeit the licensing fee and the royalty paid. The LICENSOR reserves the right to debar the LICENSEE from licensing any other technology during the term of this Agreement. 1.8 The territory of the LICENSEE shall be the territory of India. 1.9 The LICENSOR does not confer any right upon the LICENSEE to sub-license the license without written consent of the LICENSOR except as provided in this MoA.