Common use of License of Pre-Existing Intellectual Property Clause in Contracts

License of Pre-Existing Intellectual Property. Contractor grants to the Purchasing Entity a nonexclusive, perpetual, royalty-free, irrevocable, license to use, publish, translate, reproduce for Purchasing Entity’s own and governmental use, perform, display, and dispose of the Intellectual Property, and its derivatives, used or delivered under this Master Agreement, but not created under it (“Pre-existing Intellectual Property”). The license shall be subject to owner and third-party rights in the Pre-existing Intellectual Property and applies to non-Contractor manufactured or branded Products only to the extent Contractor is able to grant such license. This section does not apply to software. The transfer or sale of any software is governed by the applicable license agreement.