Common use of Patent and Patent Cross License Clause in Contracts

Patent and Patent Cross License. The Parties shall engage in good faith discussions regarding the terms on which (a) RingCentral may purchase certain patents and patent families from Avaya or its Subsidiaries, together with selected licensing rights (subject to diligence and third-party evaluation), and (b) RingCentral and its Affiliates, on the one hand, and Avaya and its Subsidiaries, on the other hand, would cross-license their respective patent portfolios.

Appears in 2 contracts

Sources: Framework Agreement (RingCentral, Inc.), Framework Agreement (Avaya Holdings Corp.)