Common use of License to Microsoft Clause in Contracts

License to Microsoft. Effective upon the Closing, Rational grants to Microsoft a [ * ] non-exclusive, perpetual, irrevocable right and license to: (a) use, reproduce and modify the Visual Test Product in source code form for the purpose of creating Derivative Works; and (b) reproduce and use an unlimited number of copies of the Visual Test Product and Rational Updated Visual Test Products in object code form for internal use at Microsoft.

Appears in 2 contracts

Sources: Agreement for Purchase and Sale of Assets (Rational Software Corp), Agreement for Purchase and Sale of Assets (Rational Software Corp)