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Information Technology License Agreement

Posted by Josh On September - 24 - 2021

[Add appropriate materials that describe and detail the technology that is licensed by the licensor (Patent Technology Inventor) to the licensee (Intellectual Property Co.)].] Harvard offers certain materials (usually biological research materials) for non-exclusive commercial use. Some materials, such as mice, are usually offered on a flat-rate basis or with fixed annual payments. Others, such as Hybridom cell lines, also include royalty-based payments. The standard agreements for both types of hardware licenses are available below. B. The licensee (Intellectual Property Co.) may grant sublicenses to third parties under the agreement, with the agreement of the licensor (Patent Technology Inventor) whose authorization cannot be inappropriately refused. 1. ISSUANCE OF A LICENCE A. Licensor (Patent Technology Inventor) grants Licensee (Intellectual Property Co.) a non-exclusive, non-assignable right for the term of this Agreement and a license to use its technology associated with the operation of the Site. B. Upon expiration or termination of this Agreement, Patent Technology Inventor may require Licensee (Intellectual Property Co.) to transmit all technology-related materials to The Licensor (Patent Technology Inventor), provided, however, that Licensee (Intellectual Property Co.) may retain a complete copy of all materials subject to the confidentiality provisions of this Agreement.

A license for Harvard`s own patent rights is subject to conditions similar to those set forth in the form agreements in the following links. Some terms can be changed to address unique aspects of each situation. In particular, financial conditions shall be determined on the basis of the technology to be granted, the licensee`s business model and market standards in the sector in which the licensee operates. Access to innovation at Harvard should be as simple as possible. Our licensing agreements are fair and reasonable, and experienced OTD employees work with you to help you achieve your business goals. To give you an idea of how these licenses take shape, we are happy to provide you with a number of model agreements here. If you have any questions about these models, please contact us. B. The Licensee (Intellectual Property Co.) acknowledges that this technology is the proprietary and confidential property of the Licensor (Patent Technology Inventor). Accordingly, the Licensee (Intellectual Property Co.) may not disclose or use for its own benefit, without the prior written consent of the Licensor (Patent Technology Inventor), during the term of this Agreement and [number] of years thereafter, the technology provided by the Licensor (Patent Technology Inventor) in respect of the Products, provided that: that this information was not known to the licensee (Intellectual Property Co.) or the public. The Licensee (Intellectual Property Co.) also undertakes to take all appropriate measures to preserve the confidentiality of the Licensor`s technology and assumes responsibility for ensuring that its employees, subcontractors (Intellectual Property Co.), and the beneficiaries of the assignment keep this information in the same way with third parties. .

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