Common use of Litigation by Sublicensee Clause in Contracts

Litigation by Sublicensee. Any Sublicense must include the following clauses: (A) In the event sublicensee brings an action seeking to invalidate any Licensed Patent: (1) sublicensee will [***] during the pendency of such action. Moreover, should the outcome of such action determine that any claim of a patent challenged by the sublicensee is both valid and infringed by a Licensed Product, sublicensee will [***]; (2) sublicensee will [***] during the period challenge; (3) any dispute regarding the validity of any Licensed Patent shall be [***], and the parties agree [***]; and (4) sublicensee shall [***]. *** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request. (B) Sublicensee will provide written notice to Stanford at least [***] prior to bringing an action seeking to invalidate a Licensed Patent. Sublicensee will include with such written notice [***].

Appears in 2 contracts

Sources: Exclusive (Equity) Agreement (Alx Oncology Holdings Inc), Exclusive (Equity) Agreement (Alx Oncology Holdings Inc)