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of any patent application filed at SPONSOR's expense and will give SPONSOR reasonable opportunity to <br /> comment. If SPONSOR elects not to have UNIVERSITY file patent applications,then UNIVERSITY may,at <br /> its discretion and at its expense,file patent applications in the United States and in foreign countries for <br /> any UNIVERSITY or Joint Invention. <br /> 6.3.2. FOREIGN FILING ELECTION. SPONSOR will notify UNIVERSITY of any foreign countries in which <br /> SPONSOR desires a license at least 60 days prior to the respective foreign filing due date. <br /> 6.3.3. COSTS. If SPONSOR requests UNIVERSITY to file a patent application or if SPONSOR elects to <br /> license UNIVERSITY Inventions, SPONSOR will pay UNIVERSITY, within 30 days of invoice date, all <br /> documented costs to secure and maintain the patents. <br /> 6.4 LICENSING. In consideration of SPONSOR's support of the Research, UNIVERSITY grants to <br /> SPONSOR the following: <br /> 6.4.1 NON-COMMERcIAL USE LICENSE. A non-exclusive,non-transferable,royalty-free license to <br /> practice each UNIVERSITY Invention for non-commercial purposes. <br /> 6.4.2 COMMERCIAL USE LICENSE. <br /> A. UNIVERSITY INVENTIONS: The option to negotiate a royalty-bearing commercial license <br /> in a designated field of use and territory,for either non-exclusive or exclusive rights in each <br /> UNIVERSITY Invention,which SPONSOR may elect by written notice to UNIVERSITY no later than <br /> six months after UNIVERSITY's notice of Invention disclosure.The negotiation period for the <br /> license shall be three months from the date of notice of election.If the parties have not entered <br /> into a license before the end of the negotiation period,then UNIVERSITY may license the <br /> Invention to third parties without further obligation to SPONSOR. <br /> B. JOINT INVENTIONS: The option to negotiate an exclusive,royalty-bearing commercial <br /> license in a designated field of use and territory which SPONSOR may elect by written notice to <br /> UNIVERSITY no later than six months after UNIVERSITY's notice of Invention disclosure.The <br /> negotiation period for the license shall be three months from the date of notice of election.If <br /> the parties have not entered into a license before the end of the negotiation period,then <br /> UNIVERSITY may non-exclusively license its interest in the Joint Invention to third parties <br /> without further obligation to SPONSOR. <br /> 6.S. BACKGROUND INTELLECTUAL PROPERTY. Nothing in this Agreement grants to either Party any rights <br /> or interest in the other Party's y s Background Intellectual Property. "Background Intellectual <br /> Y kgProperty" <br /> means a all works of authorship I created outside the <br /> p scope of this Agreement and (b) potentially <br /> patentable discoveries, including pending patent applications and issued patents, conceived or first <br /> reduced to practice outside the scope of this Agreement. Any Background Intellectual Property that is <br /> reasonably anticipated by the Principal Investigator to be required to perform the Research or to <br /> practice the results thereof will be specified in an exhibit to this Agreement. <br /> 6.6. CREATE ACT. The Parties agree by marking this box Q that this Agreement constitutes a "joint <br /> research agreement"as that term is defined by the Cooperative Research and Technology Enhancement <br /> Act of 2004,pre-America Invents Act("AIA")35 U.S.C. § 103(c)and/or AIA USC 102(c)and 100(h). In the <br /> event of any Inventions, the Parties will reasonably cooperate in invoking the CREATE Act and its <br /> companion regulations to overcome an obviousness or novelty rejection of a patent application. <br /> SPA Form <br /> Updated 06012018 <br /> Page 5 of 9 <br />