Common use of Licensor Inventions or Improvements Clause in Contracts

Licensor Inventions or Improvements. Licensor agrees to disclose promptly to Licensee all Inventions or Improvements invented, discovered, conceived or developed by Licensor and in a stage of development potentially suitable for evaluation, testing or commercial use.

Appears in 2 contracts

Sources: Technology License, Marketing & Collaboration Agreement (Cavitation Technologies, Inc.), Technology License, Marketing & Collaboration Agreement

Licensor Inventions or Improvements. Licensor agrees to promptly disclose promptly to Licensee Licensee, all Inventions or Improvements invented, discovered, conceived discovered or developed by Licensor and in a stage of development potentially suitable for evaluation, testing or commercial use.

Appears in 1 contract

Sources: License Agreement (Cavitation Technologies, Inc.)