Common use of Infringement Mitigation Clause in Contracts

Infringement Mitigation. If any of the Products become, or in Cyberbit’s reasonable judgment are likely to become, the subject of a claim of patent or copyright infringement or violation of a third party’s Intellectual Property Rights or if Cyberbit settles a claim of infringement or violation, it may at its sole option and discretion: (a) replace or modify the Product to make it non-infringing; or (b) terminate this Agreement and return the consideration actually paid for the Product on a pro-rata basis. Cyberbit shall notify You, in writing, whether or not it is exercising any of the foregoing options.

Appears in 1 contract

Sources: End User License Agreement

Infringement Mitigation. If any of the Products Product, Software or Services become, or in Cyberbit’s reasonable judgment are likely to become, the subject of a claim of patent or copyright infringement or violation of a third party’s Intellectual Property Rights intellectual property rights or if Cyberbit settles a claim of infringement or violation, it Cyberbit may at its sole option and discretion: (ai) replace or modify the Product and/or Services to make it non-infringing; or (bii) terminate this Agreement and return the any consideration actually pre-paid for to Cyberbit on account of the Product on a pro-rata basisterminated License Term. Cyberbit shall notify You, You in writing, whether or not it is exercising any of the foregoing options.

Appears in 1 contract

Sources: Terms of Use Agreement

Infringement Mitigation. If any of the Products Product, Software or Services become, or in Cyberbit’s reasonable judgment are likely to become, the subject of a claim of patent or copyright infringement or violation of a third party’s Intellectual Property Rights intellectual property rights or if Cyberbit settles a claim of infringement or violation, it Cyberbit may at its sole option and discretion: (ai) replace or modify the Product and/or Services to make it non-infringing; or (bii) terminate this Agreement and return the any consideration actually paid for the Product to Cyberbit on a pro-rata basis. Cyberbit shall notify You, You in writing, whether or not it is exercising any of the foregoing options.

Appears in 1 contract

Sources: Terms of Use Agreement