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DFARS 252.227-7005 License Term. Basic (Oct 2001)

As prescribed at 227.7009-3(b), the following clauses are examples for use in patent release and settlement agreements, and license agreements not providing for payment by the Government of a running royalty.
(a) License Grant. Insert the clause at 252.227-7004.
(b) License Term. Insert one of the clauses at 252.227-7005 Alternate I or Alternate II, as appropriate.

LICENSE TERM (OCT 2001)

ALTERNATE I (AUG 1984)

The license hereby granted shall remain in full force and effect for the full term of each of the patents referred to in the “License Grant” clause of this contract and any and all patents hereafter issued on applications for patent referred to in such “License Grant” clause.

ALTERNATE II (OCT 2001)

The license hereby granted shall terminate on the ______ day of _______________, ____; Provided, however, that said termination shall be without prejudice to the completion of any contract entered into by the Government prior to said date of termination or to the use or disposition thereafter of any articles or materials manufactured by or for the Government under this license.

NONE

Subcontractor ✖ (Applies to contracts not providing for the payment of a running royalty.);

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