Re: Letters of intent....
in response to
by
posted on
Mar 21, 2014 09:23PM
Thanks FJ
Very interesting reading, seems they split almost everything 50/50, if you believe military and commercial sides are of equal value...
I still don't get what this new radar does...I understand that it works on different wavelengths, which is good, runs cool, good, and that somehow, it is a weapon too?
That would be really good for someone, and very bad for everyone else.
This answers my question...
ARTICLE III. LICENSES; NON-ASSERTIONS.
3.1 Non-Exclusive Licensed Production Grant to BAE SYSTEMS.
a. ODIS hereby grants to BAE SYSTEMS and its affiliates a royalty—bearing, paid up, non-exclusive, worldwide license under ODIS Background Technology and ODIS Development Technology to make, have made, use, sell, lease, offer for sale, offer for lease, import, and Otherwise Dispose of Licensed Products and Licensed Processes in the Field, limited to the Military Field of Use. ODIS also grants to BAE SYSTEMS the right to grant sublicenses, of the same scope (and for no longer than the term of) as the license for Licensed Products and Licensed Processes granted herein to BAE SYSTEMS, to third parties, with the
prior written consent of ODIS, which consent shall not be unreasonably withheld or delayed. BAE Systems shall promptly furnish ODIS with a fully executed photocopy of any such sublicense agreement.
b. ODIS agrees that it shall not grant to any third party rights equivalent to those granted to BAE Systems under section 3.1 specifically covering the Military Field of Use. ODIS shall include a clause in all third party license agreements relating to ODIS Background Technology or ODIS Development Technology which states that no rights are granted thereunder to make, use or sell products for sale in the Military Field of Use.