Licensing of Joint Working Results. In the event that this Agreement is terminated for any reason other than a material breach, each Party shall grant to the other Party a non-exclusive and sub-licensable right to use any Joint Working Results so as to allow for either Party to continue the research, development and marketing of any Joint Working Results; provided, however, that for each particular sublicense, the Steering Committee shall agree on the principal terms and conditions of each such sublicense, including the term and the royalty rate. If the Parties are unable to agree on such terms and conditions, then the matter may be referred to the intellectual rights mediator for resolution as provided for in Item D.9.
Appears in 2 contracts
Sources: Global Alliance Agreement (Myriant Corp), Alliance Agreement (Myriant Corp)