“IP License” shall mean any Copyright License, Patent License, Trademark License or Domain Name License.

“License” means any Patent License, Trademark License, Copyright License or other license or sublicense agreement to which any Grantor is a party.

License of Future Wound Care Applications. Except as specifically set forth in this [Section IV, PBI] may continue and grow its Non Wound Care Business. PBI’s Non Wound Care Business may in the future yield therapies, products, or Intellectual Property Rights suitable for Wound Care applications (“Future Wound Care Applications”). If a Future Wound Care

Future Payment under the License Agreements. Zai Lab shall be solely responsible for any milestone payment due under the License Agreements for milestone events achieved after the Effective Date, including the milestone payment for ​.

Subject to the terms and conditions of this Agreement, Lundbeck hereby grants to Ovid an exclusive (even as to Lundbeck), royalty-bearing, perpetual, sub-licensable (through multiple tiers) licence under the Licensed IP to research, have researched, Develop, have Developed, use, have used, make and have made (subject to [Section 5.10]), Commercialise and have Commercialised Compound and/or Product in the Field in the Territory (the “License”).

Leases, Service Contracts and License Agreements. ​ will perform its obligations under the Leases, Service Contracts and License Agreements.

Disclosure and License of Prior Innovations. I have listed on [Exhibit A] (“Prior Innovations”) attached hereto all Innovations relating in any way to Company’s business or demonstrably anticipated research and development or business, which were conceived, reduced to practice, created, derived, developed, or made by me prior to my employment with Company (collectively, the “Prior Innovations”).

Option to Obtain a License Directly from Bellus Upon Termination of the Bellus License Agreement. In the event Bellus has the right to terminate the Bellus License Agreement for any reason, and the [[Organization B:Organization]] Sublicense Agreement is in force and effect as of the proposed date of termination of the Bellus License Agreement, Bellus shall promptly notify [[Organization B:Organization]], and [[Organization B:Organization]] shall have the right to obtain directly from Bellus, a license agreement on substantially the same terms and conditions set forth in the Bellus License Agreement (such right, the “License Option”). [[Organization B:Organization]] may exercise the License Option by providing a written notice to Bellus within [ * ] from the date that Bellus notifies [[Organization B:Organization]] that Bellus has the right to terminate the Bellus License Agreement. If [[Organization B:Organization]] exercises the License Option, Bellus shall enter into a license agreement directly with [[Organization B:Organization]] (the “New License Agreement”) on substantially the same terms and conditions as those set forth in the Bellus License Agreement; provided, however, # that Bellus shall agree in the New License Agreement to terms providing that in no event shall [[Organization B:Organization]] be liable to Bellus for any actual or alleged breach by FB Health of the Bellus License Agreement; # that the financial terms of the New License Agreement shall in no event be greater than the corresponding financial terms set forth in the Bellus License Agreement; and # that in no event shall Bellus be obligated to accept provisions in any New License Agreement unless such provisions correspond to rights granted, or covenants made, by Bellus to FB Health under the Bellus License Agreement. Bellus shall not terminate the Bellus License Agreement until the New License Agreement is fully executed and in full force and effect. FB Health acknowledges and agrees that all of [[Organization B:Organization]]’s payment obligations under the [[Organization B:Organization]] Sublicense Agreement shall automatically terminate upon execution of the New License Agreement to the extent that they are required payments under the New License Agreement.

Each patent license, including, without limitation, each patent license listed on [Schedule 2] annexed hereto, together with all goodwill associated therewith;

the lease, assignment, sub-lease, license or sub-license of any real or personal property in the ordinary course of business;