Master Alliance Provisions Guide (MAPGuide)

Boston University Startup Exclusive License Template

  • Term & termination | Term of agreement

9. Termination

9.01 License. Unless earlier terminated as provided for in this Agreement, the license granted pursuant to: i) Section 2.01(a) for Patent–Based Products and Patent–Based Processes will continue in each country until the occurrence in the applicable country of the following: the expiration, invalidation (where invalidation requires the final decision rendered by a court of competent jurisdiction from which no further appeal has or may be taken) or termination of the last to expire, invalidate or terminate of the Patent Rights upon which the Patent–Based Products and/or Patent–Based Processes are based (if any); and ii) Section 2.01(b) for Software–Based Products and Software–Based Processes will continue for a thirty (30) year period from the Effective Date, or if earlier, in each country until the occurrence in the applicable country of the following: the expiration, invalidation (where invalidation requires the final decision rendered by a court of competent jurisdiction from which no further appeal has or may be taken) or termination of the copyright or other intellectual property based right upon which the Software–Based Products and/or Software–Based Processes (if any) is/are based. Nothing herein shall limit Licensee’s obligation to pay the Minimum Royalty Amounts set forth in Section 4.01(C).