252.227-7005 License Term.
Current normalized text
252.227-7005 License Term.
As prescribed at 227.7009-3 (b), insert one of the following clauses in patent releases, license agreements, and assignments:
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.
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