CADX » Topics » 2.1.1 License Grant by Cadence to Solvay

This excerpt taken from the CADX 8-K filed Dec 5, 2008.

2.1.1 License Grant by Cadence to Solvay

As from the Program Commencement Date, Cadence shall grant to Solvay a non-exclusive, worldwide and non-transferable (except as provided under Sub-Clause 15.3) license, without right to grant further sublicenses, under Cadence Technology, for the sole purpose of producing, having produced and using Bulk Drug Substance to supply Cadence and its Affiliates and Sublicensees during the term of, and pursuant to, this Agreement.

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