Worldwide License Agreement

Access to Harvard`s innovations should be as simple as possible. Our licensing agreements are fair and reasonable, and experienced OTD employees will work with you to help you achieve your business goals. To give you an idea of how these licenses are taking shape, we are pleased to provide you with a series of illustrating examples. If you have any questions about these examples, please contact us. CONSIDERING that – and – (together “licensees”) have some knowledge and material regarding a specific formulation of `for the treatment of `licensing`. The licensee shares the interest of the licensee in bringing this formulation through further research and development and commercialization with the aim of using public health around the world. 2) Designs a synthetic form of formulation or part of the formula granted under this agreement (a wording “O”), a payment of the licence on the basis of the net sale of commercial products or services containing the formulation to be negotiated – and will be reduced to less than 5% compared to the contribution of the synthetic form , and royalties may be reduced to 0%. Matthew Kleiman is a lawyer at the Charles Stark Draper Laboratory in Cambridge, Mass. and a life-long enthusiast. Prior to joining Draper, he was a senior partner at the law firm WilmerHale, where he represented start-up technology and life sciences companies in venture capital financing, intellectual property licenses and other technology-related transactions. He looks forward to the day when he can negotiate licensing contracts from his office on Mars. Harvard also offers options agreements for companies considering licensing Harvard technology.

An option agreement allows a company to “keep” a technology for a short period of time during which the company can continue to assess its potential or find funds for product development without committing or harvard to comply with the obligations of a licensing agreement. Options are typically six months to a year and generally require both overcharging fees and a refund of patent tracking for the duration of the option. 9. The licensee agrees that licensees and – must cooperate to collaborate in the implementation of research and development projects under this agreement, so that these efforts can be successful. In particular, the licensee assists and consults, on request, on all subjects reasonably related to formulation, including formulation components, formulation methods, manufacturing methods, plant identification, plant health properties, plant material procurement, safety information, efficacy and adverse effects of patients, including anecdotal information , as well as any information useful to the conduct of a clinical trial.