Inventory. Clearside may purchase from Bausch Health any or all of the inventory of Products held by Bausch Health or its Affiliates as of the date of termination at a price equal to the cost of goods for such inventory, provided that # such inventory complies with

specifications and # the obligation to sell such inventory of Other Products shall be subject to any Third Party rights in such inventory. Clearside shall notify Bausch Health within ​ after the date of termination whether Clearside elects to exercise such right; provided, that, in the event Clearside exercises such right to purchase such inventory, Bausch Health shall grant, and hereby does grant, a royalty-free right and license to any trademarks, names, and logos of Bausch Health contained therein for a period of ​ from the date of such exercise solely to permit the orderly sale of such inventory.