Common use of License Following Expiration Clause in Contracts

License Following Expiration. After expiration of the Royalty Term, Acusphere shall continue to sell the Product to Nycomed upon terms mutually agreeable to the Parties pursuant to a separate supply agreement to be negotiated in good faith between the Parties.

Appears in 2 contracts

Sources: Collaboration, License and Supply Agreement (Acusphere Inc), Collaboration, License and Supply Agreement (Acusphere Inc)