TPTX » Topics » 3.2 Sublicenses.

This excerpt taken from the TPTX 8-K filed Oct 10, 2006.
3.2          Sublicenses. In the event that Neurogenetics sublicenses any of its rights to the Licensed Technology or Research Technology to a Sublicensee pursuant to Section 3.1, such sublicense shall include terms and conditions consistent with the terms and conditions of the license granted under this Agreement. Sublicenses, if any, granted hereunder, will be to Third Parties in an arm’s length transaction under written agreements, copies of which will be provided to LSRI, and conditioned on (i) such Sublicensees’ agreement to accept and abide with the terms and obligations of this Agreement; and (ii) Neurogenetics being in compliance with its payment obligations hereunder at the time such sublicense is granted. In addition, if such sublicense is granted after the [***]of the [***] of [***] or [***], Neurogenetics shall provide to LSRI within [***] ([***]) days after execution of such sublicense information regarding the Sublicense Fee payable with respect to such sublicense in order to enable LSRI to make the decision required under Section 4.5.

 

"3.2 Sublicenses." elsewhere:

Myriad Genetics (MYGN)
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