Common use of Sublicenses and Assignments Clause in Contracts

Sublicenses and Assignments. 16.1 Except as otherwise expressly permitted herein or by the Exclusive Licensing Agreement, neither Party shall sublicense, assign, or otherwise transfer any rights, duties or obligations, other than a right to receive payment of money, conferred by this Agreement and exhibits attached hereto without the prior, written consent of the other Party. Any such attempt to sublicense, assign, or transfer by a Party without such consent shall be null and void. Any sublicenses, assignments, or transfers shall be subject to the terms of this Agreement, including the duties of confidentiality herein.

Appears in 2 contracts

Sources: Sponsored Research Agreement (Lumera Corp), Sponsored Research Agreement (Microvision Inc)