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License Agreement
LICENSE AGREEMENT TEMPLATE
This License Agreement is made as of the License Effective Date,
BETWEEN:
[Name of Institution], having its administrative offices at
____________________________________________
(“Institution”)
AND:
AGGREGATE THERAPEUTICS, INC., a corporation
incorporated under the laws of Canada and having its
administrative offices at 451 Smyth Road, Room 3105, Ottawa,
Ontario K1H 8M5
(the Company” or “Licensee”)
BACKGROUND:
A. Institution has invented, developed and/or acquired the Licensed Technology;
B. Company wishes to obtain a licence to use the Licensed Technology to make, market and
sell products and services; and
C. Institution wishes to grant Company such licence, on the terms and conditions set out in
this License Agreement.
NOW THEREFORE, in consideration of the foregoing premises, the mutual covenants and
obligations contained in this License Agreement, and other good and valuable consideration,
Institution and Licensee agree as follows:
1.0 DEFINITIONS
1.1 In this License Agreement:
(a) Annual Report” means a report in the form referred to in section 12.2(b);
(b) Affiliate” means any individual, corporation, partnership, trust, entity or other
person that directly, or indirectly through one or more intermediates, controls, is
controlled by, or is under common control with a party hereto. The term
“control” means the possession, directly or indirectly, of at least 50% of the share
capital or voting rights or of the power to direct or cause the direction of the
management and policies of an entity, whether through the ownership of voting
securities, by contract or otherwise;
(c) Materials” means the materials (which may include biological materials), if
any, described in Schedule “F” attached to this License Agreement;
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