非排他许可协议docWord格式.docx
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非排他许可协议docWord格式.docx
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NOW,THEREFORE,inconsiderationoftheexecutionanddeliverybyAAAoftheMergerAgreementandthemutualcovenants,conditionsandagreementshereincontained,thepartiesheretoherebyagreeasfollows,effectiveasoftheCommencementDate(asdefinedbelow):
1.DEFINITIONS.
1.1Affiliatemeansanycorporationorotherentitythatisdirectlyorindirectlycontrolling,controlledbyorunderthecommoncontrolwithapartyheretoforsolongassuchcontrolexists.ForthepurposeofthisAgreement,controlshallmeanthedirectorindirectownershipoffiftypercent(50%)ormoreoftheoutstandingsharesorothervotingrightsofthesubjectentitytoelectdirectors,orifnotmeetingthepreceding,anyentityownedorcontrolledbyorowningorcontrollingatthemaximumcontrolorownershiprightpermittedinthecountrywheresuchentityexists.
1.2LicenseemeansathirdpartytowhomAAAhasgrantedalicenseorsublicenseundertheBBBPatents,tomake,havemade,import,use,sell,offerforsaleorotherwiseexploitaProduct.LicenseeincludesathirdpartytowhomAAAhasgrantedtherighttodistributeaProduct.
1.3BBBPatentsmeans(i)allpatentsownedbyBBBorlicensedtoBBB(totheextentBBBmaygrantalicenseorsublicensetosuchpatent)asofthedatehereofwiththerighttograntsublicenses;
and(ii)allpatentsissuedtoBBBclaiminganinventionfirstreducedtopracticepriortotheexpirationoftheRDPeriod.
1.4BBBTechnologymeanstechnologicalmodels,algorithms,manufacturingprocesses,designdrawings(whethermanualorelectronic),designprocesses,prototypes,behavioralmodels,schematics,testvectors,know-how,computerandelectronicdataprocessingandotherapparatusprogramsandsoftware,databasesanddocumentationthereof,tradesecrets,technicalinformation,specifications,drawings,records,documentation,worksofauthorshiporothercreativeworks,ideas,knowledge,dataorthelikethatisownedbyorlicensedtoBBB(totheextentBBBmaygrantalicenseorsublicensetosuchintellectualproperty)asofthedatehereof,includingwithoutlimitationinformationusefultothepracticeoftheinventionsclaimedintheBBBPatents.
1.5NetSalesmeanstheamountsreceivedbyAAAoritsAffiliatesorLicenseesfortheuseorsaleofProductstobonafideindependentthirdparties,less(i)normalandcustomaryrebates,andcash,tradeandquantitydiscounts;
(ii)sales,useand/orotherexcisetaxesorduties;
(iii)theactualcostofanypackagingandshipping,includinginsurance;
and(iv)amountsactuallyallowedorcreditedduetodefects,returns,rejections,wholesalechargebacksorretroactivepricereductions.
1.6Productsmeansanyequipment,products,processesormethodscoveredbyorthatexploitormakeuseofoneormoreValidClaimsorthatexploitormakeuseoftheBBBTechnology.
1.7RDPeriodmeanstheperiodbeginningonthedatehereofandcontinuingforoneyearhereafter.
1.8ValidClaimmeansaclaimofanyBBBpatentthathasnotexpired,lapsed,orbeenheldinvalid,unpatentableorunenforceable.
2.LICENSEGRANTS.
2.1BBBTechnology.SubjecttotheprovisionsofSection6,BBBherebygrantsAAAanon-exclusive,worldwide,perpetual,irrevocablelicense,withtherighttograntnon-exclusivesublicenses,touse,reproduce,translate,distribute(byanymeansknownorhereafterdeveloped,includingelectronicdistribution),market,makederivativeworksofandotherwiseexploittheBBBTechnology.
2.2BBBPatents.SubjecttotheprovisionsofSection6,BBBherebygrantsAAAanon-exclusive,worldwide,perpetual,irrevocablelicense,withtherighttograntnon-exclusivesublicenses,undertheBBBPatents,tomake,sell,offerforsale,importanduseproducts,andtoperformprocessesandmethods,thatembodytheinventionsdescribedintheBBBPatents.
3.CONSIDERATION.
3.1RoyaltyonNetSales.AAAshallpaytoBBBaroyaltyoffive(5%)ofNetSalesofProducts.
3.2ComputationofRoyalties.AllsalesofProductsbetweenAAAandanyofitsAffiliates(otherthanforendusewithpatientsorcustomers)willbedisregardedforpurposesofcomputingNetSalesandroyaltiesdueBBBunderthisSection3,andinsuchinstancesroyaltieswillbepayableonlyuponsalesorlicensesto,orotheruseby,independentthirdparties.NothinghereinshallobligateAAAtopayBBBroyaltiesmorethanonceonanyunitofaProduct.
4.PAYMENTS;
REPORTSANDRECORDS.
4.1TimingofPayments.AllamountsdueBBBpursuanttoSection3shallbepaidevery3months(QuarterlyPeriod)within30daysafterthelastdayofeachQuarterlyPeriod.
4.2RoyaltyReports.AAAshalldelivertoBBBwitheachroyaltypaymentareportsettingforththetotalNetSalesoftheProductsfortheQuarterlyPeriodandthecomputationoftheroyaltyamount.SuchreportsshallbeconfidentialinformationofAAA.
4.3InspectionofBooksandRecords.Notmorethanonceinany12monthperiod,BBBmayhaveAAA’sanditsAffiliates’relevantbooksandrecordsfortheprior12-monthperiodaudited,byanindependentcertifiedpublicaccountingfirmofBBB’schoosingandreasonablyacceptabletoAAA,toverifytheaccuracyofAAA’sroyaltypayments.TheindependentcertifiedpublicaccountingfirmmustenterintoaconfidentialityagreementreasonablyacceptabletoAAAandmaynotdiscloseanyinformationlearnedinthecourseofsuchauditotherthantheexistenceandamountofunderpayment,ifany.SuchauditmustbeconductedduringAAA’snormalbusinesshoursinamannerthatdoesnotundulyinterferewithAAA’snormalbusinessactivities.Ifanyauditdisclosesunderpaymentofroyalties,AAAshallpromptlypayBBBtheroyaltiesdueplusinterestatanannualrateof6%.BBBisresponsibleforallexpensesitincursinconnectionwithanyauditunlesstheauditdisclosesanunderpaymentofroyaltiesinexcessof15%,inwhichcase,AAAshallpromptlyreimburseBBBforallofsuchauditexpenses.
4.4Taxes.AllroyaltyamountsrequiredtobepaidtoBBBpursuanttothisAgreementmaybepaidwithdeductionforwithholdingfororonaccountofanytaxes(otherthantaxesimposedonormeasuredbynetincome)orsimilargovernmentalcharge(WithholdingTaxes).AtBBB’srequest,AAAshallprovideBBBacertificateevidencingpaymentofanyWithholdingTaxeshereunderandshallreasonablyassistBBBtoobtainthebenefitofanyapplicabletaxtreaty.
5.TERM.ThisAgreementshallcommence(thedateofsuchcommencementbeinghereinreferredtoastheCommencementDate)uponterminationoftheMergerAgreementinaccordancewiththeapplicableprovisionsandcircumstancesdescribedinSection7.3(a)oftheMergerAgreement,andwillcontinueinfullforceandeffectuntiltheexpirationofthelasttoexpireoftheBBBPatents;
provided,however,thatAAA’slicensetotheBBBTechnologywillsurvivetheexpiration(butnottheearliertermination)ofthisAgreementifthisAgreementwereotherwiseineffectonthedateofthelastoftheBBBpatentstoexpire.
6.BREACH.IfAAAshallbreachanyofitsmaterialobligationshereunder,whichbreachshallcontinueuncuredformorethan30daysafterwrittennoticethereof,thelicensesgrantedunderSection2shallimmediatelyterminate.TerminationshallnotaffectAAA’sobligationstopayanyamountsdueorpayabletoBBBforNetSalesmadepriortothedateoftermination.
7.MISCELLANEOUSPROVISIONS.
7.1GoverningLaw.ThisAgreement,andanydisputearisingfromtheperformanceorbreachhereof,willbegovernedbyandconstruedandenforcedinaccordancewiththelawsoftheStateofCalifornia,withoutreferencetoconflictsoflawsprinciples.TheprevailingpartyinanylegalactiontoenforceorinterpretthisAgreementshallbeentitledtoreasonablecostsandattorneys’feesandexpensesinconnectiontherewith.
7.2IndependentContractors.Therelationshipofthepartiesheretoisthatofindependentcontractors.Thepartiesheretoarenotdeemedtobeagents,partnersorjointventurersoftheothersforanypurposeasaresultofthisAgreementorthetransactionscontemplatedhereby.
7.3Assignment.NeitherpartymayassignthisAgreementwithoutthepriorwrittenconsentoftheotherparty,exceptthateitherpartymayassignthisAgreementwithoutsuchconsenttoanentitythatacquiresallorsubstantiallyallofthebusinessorassetsofsuchpartypertainingtothesubjectmatterhereof,whetherbymerger,reorganization,acquisition,saleorotherwise.AnyotherattemptedassignmentofthisAgreementwillbevoid.Subjecttotheforegoing,thisAgreementwillbebindinguponandinuretothebenefitofthepartiesandtheirsuccessors,heirsandassigns.
7.4Notices.Allnotices,requestsandothercommunicationshereunderwillbeinwritingandwillbepersonallydeliveredorsentbytelecopyorotherelectronicfacsimiletransmissionorbyregisteredorcertifiedmail,returnreceiptrequested,postageprepaid,orovernightcourier,ineachcasetotherespectiveAddressappearingbeloweachparty’ssignature,orsuchotherAddressasmaybespecifiedinwritingtotheotherpartyhereto.
7.5PartialInvali
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