Common use of Regular Updates Clause in Contracts

Regular Updates. The parties agree that they shall regularly meet, either in person or telephonically, on dates and at times to be mutually agreed upon but no less then at one time per calendar quarter to discuss the status of the Patents, and Buyer's licensing and enforcement efforts.

Appears in 2 contracts

Sources: Patents Purchase, Assignment and License Agreement (Network 1 Security Solutions Inc), Patents Purchase, Assignment and License Agreement (Network 1 Security Solutions Inc)