Common use of Object Code License Clause in Contracts

Object Code License. Purchaser hereby grants to Seller a non-exclusive, worldwide, royalty free, fully paid up, non-terminable, irrevocable, perpetual, assignable (but solely in connection with a sale of all or substantially all of Seller’s assets), sublicenseable license to all Object Code set forth on Exhibit C (the “Licensed-Back Object Code”) for purposes of reproducing, having reproduced, performing, modifying, displaying and distributing all such Licensed-Back Object Code. Seller agrees that, at such time as such Licensed-Back Object Code is distributed with Seller’s products and services, Seller agrees to include in the applicable license agreement a notice that certain portions of such products and services may include intellectual property from Purchaser.

Object Code License. Purchaser Seller hereby grants to Seller Purchaser a non-exclusive, worldwide, royalty free, fully paid up, non-terminable, irrevocable, perpetual, assignable (but solely in connection with a sale of all or substantially all of SellerPurchaser’s assetsassets that relate to the Transferred Intellectual Property), sublicenseable license to all Object Code compiled from the Licensed Source Code set forth on Exhibit C B (the “Licensed-Back Licensed Object Code”) for purposes of reproducing, having reproduced, performing, modifying, displaying and distributing all such Licensed-Back Object Code. Seller Purchaser agrees that, at such time as such Licensed-Back Object Code is distributed with SellerPurchaser’s products and services, Seller Purchaser agrees to include in the applicable license agreement a notice that certain portions of such products and services may include intellectual property from PurchaserSeller.