LICENSING OPTION. LICENSOR hereby grants to LICENSEE a one (1) year option, commencing on the Effective Date of this Agreement, to acquire a worldwide, perpetual right and license to all of the rights, title, interest, and ownership properties in and to the technologies referred to in this Agreement for use, improvement, and exploitation by LICENSEE without reserve.
Appears in 2 contracts
Sources: Licensing Option Agreement (Nuclear Solutions Inc), Licensing Agreement (Nuclear Solutions Inc)