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EXCLUSIVE LICENSE AGREEMENT

License Agreement

EXCLUSIVE LICENSE AGREEMENT | Document Parties: VIKING SYSTEMS INC | INTUITIVE SURGICAL, INC You are currently viewing:
This License Agreement involves

VIKING SYSTEMS INC | INTUITIVE SURGICAL, INC

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Title: EXCLUSIVE LICENSE AGREEMENT
Governing Law: California     Date: 8/11/2008

EXCLUSIVE LICENSE AGREEMENT, Parties: viking systems inc , intuitive surgical  inc
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Exhibit 99.1

 

 

EXCLUSIVE LICENSE AGREEMENT

 

This EXCLUSIVE LICENSE AGREEMENT (“Agreement”) is entered into and made effective as of August 5, 2008 (“Effective Date”) by INTUITIVE SURGICAL, INC. , a Delaware corporation with principal offices located at 1266 Kifer Road, Sunnyvale, CA 94086 (“ISI”), and VIKING SYSTEMS, INC. , a Delaware corporation having a place of business at 134 Flanders Rd, Westborough, MA 01581 (“VIKING”).  ISI and VIKING may be referred to herein individually as a “Party” and collectively as the “Parties”.

 

RECITALS

 

A. Whereas, ISI has developed and markets proprietary computer-enhanced, minimally invasive surgical/interventional and diagnostic robotic devices;

 

B. Whereas, VIKING possesses rights to patents relating to devices used in surgery, including laparoscopic/endoscopic vision systems for minimally invasive surgeries;

 

C. Whereas, ISI desires to obtain from VIKING and VIKING wishes to grant to ISI an exclusive license under all of VIKING’s Licensed Patents and Applications limited to the Medical Robotics Field; and

 

D. Whereas, VIKING desires to obtain from ISI and ISI wishes to grant back to VIKING a nonexclusive license under the Licensed Patents and Applications for certain products in the Medical Robotics Field;

 

NOW, THEREFORE, the Parties hereby agree as follows:

 

 

TERMS AND CONDITIONS

 

1. DEFINITIONS.

 

1.1 “Affiliate” shall mean any entity, whether incorporated or not, which is controlled by, under common control with, or controls a Party, where “control” means the ability, whether directly or indirectly, to direct the affairs of another by means of ownership, contract, or otherwise.

 

1.2 “Computer” shall mean digital computers, analog computers, and/or electronic logic arrays that are used to translate an input into corresponding powered manipulator movements.

 

1.3 “Licensed Patents and Applications” shall mean:

 

(a) all worldwide patents owned (in whole or in part), acquired, and licensed (to the extent VIKING is empowered to sublicense) by VIKING at the Effective Date of this Agreement; and

 

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(b) all worldwide patent applications owned (in whole or in part), acquired, and licensed (to the extent VIKING is empowered to sublicense) by VIKING at the Effective Date of this Agreement, all patent applications based on such applications, including all continuations, continuations in part filed within three (3) years of the Effective Date of this Agreement, divisionals, renewals, reissues, reexaminations, extensions, and international and foreign counterparts, and all patents that issue from all such applications.

 

1.4 “Medical Robotics Field” shall mean the use of Robotic Systems for any medical purpose, including medical diagnosis and/or treatment of a human or animal body or part thereof and/or simulation and/or modeling.

 

1.5 “Robotic System” shall mean a system which includes manipulator(s) and/or steerable device(s) that are computer aided or computer controlled.

 

1.6 “Vision Video Systems” shall mean endoscope and video camera products and/or systems or devices for use with endoscopes and video camera products for generating and/or displaying video images and includes head-mounted systems or devices.

 

2. GRANTED RIGHTS.

 

2.1 License Grant by Viking.

 

(a) VIKING hereby grants, and ISI hereby accepts, a fully-paid, royalty-free, perpetual, worldwide, non-revocable, sublicensable, transferrable, assignable, exclusive license under the Licensed Patents and Applications to make, have made, use, offer for sale, sell, import, and distribute products and services in the Medical Robotics Field as if ISI is the sole owner of such rights and released from any past or future claim arising from or related to the practice of the Licensed Patents and Applications.

 

(b) To be clear, the license granted in Section 2.1(a) is limited to the Medical Robotics Field as herein defined and does not limit VIKING’s right to make, have made, use, sell, offer to sell, or distribute (1) stereoscopic or non-stereoscopic vision video systems outside of the Medical Robotics Field or (2) endoscopes, video camera products, endoscope and video camera components, and related control, recording, and telecommunication systems and software in the Medical Robotics Field which do not practice any of the patents which are the subject of this Agreement.

 

(c) This Agreement is solely a patent license agreement and shall not be understood or construed to grant to ISI a license or other right to obtain, copy, use, sell, offer to sell, distribute, or disclose VIKING’s current know-how, trade-secrets, technology, software, or trademarks.

 

(d) Other than the license granted in Section 2.1(a), this Agreement shall not be understood or construed to grant to ISI a license or other right with respect to (1) any inventions, product, or technology, conceived, developed, or acquired by or licensed to VIKING after the Effective Date of this Agreement or (2) any patent applications or patents covering any of said inventions, products, or technology applied for or acquired by or licensed to VIKING after the Effective Date of this Agreement.

 

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2.2 License Grant by ISI.

 

(a) ISI hereby grants back to VIKING, and VIKING hereby accepts, a fully-paid, royalty-free, perpetual, worldwide, non-revocable, non-sublicensable, non-transferrable, non-exclusive license under the Licensed Patents and Applications to make, use, and sell non-stereoscopic (i.e., monoscopic) Vision Video Systems in the Medical Robotics Field.

 

(b) ISI hereby grants back to VIKING, and VIKING hereby accepts, a fully-paid, royalty-free, perpetual, worldwide, non-revocable, nonsublicensable, non-transferrable, non-exclusive license under the Licensed Patents and Applications to make, use, and sell the unmodified current version, which has been marketed on or before the Effective Date of this Agreement, of its stereoscopic Vision Video Systems in the Medical Robotics Field, except that VIKING may modify its current version of the head mounted display (which uses U.S. Design Patent D415,146) solely to replace components no longer commercially available or to resolve compatibility issues with other components no longer commercially available.

 

(c) ISI hereby grants to any buyer of a Vision Video System sold by VIKING under Section 2.2(a) or 2.2(b), a license under the Licensed Patents and Applications to use the purchased system.

 

2.3 Enforcement. ISI shall have the right to enforce the Licensed Patents and Applications with respect to infringement occurring within the Medical Robotics Field.

 

(a) To the extent that VIKING is deemed an indispensable party in ISI patent infringement litigation involving the Licensed Patents and Applications, VIKING agrees to join ISI in such action.  ISI shall reimburse all of VIKING’s reasonable expenses, including attorney fees, in connection with patent infringement litigation involving the Licensed Patents and Applications that VIKING is required to join as an indispensable party.

 

(b) VIKING agrees to cooperate with ISI in any lawsuit that ISI brings against an infringer of the Licensed Patents and Applications and to join ISI as a party to such lawsuit if (i) requested by ISI and (ii) if ISI agrees to reimburse all of VIKING’s reasonable litigation expenses, including attorney fees, in such lawsuit.

 

(c) To the extent permissible under the Federal Rules of Civil Procedure, VIKING shall have the right to join in any ISI litigation involving the Licensed Patents and Applications.

 

(d) ISI and VIKING agree that the primary goal in litigating validity and enforceability issues associated with the Licensed Patents and Applications shall be the preservation of maximum claim breadth and enforcement rights, and the Parties shall cooperate with each other in good faith to achieve this mutual goal.  ISI agrees that it shall not consent to any judgment of any court or other tribunal or make any agreement with any third party regarding patent claim breadth or patent enforcement rights detrimental to VIKING without VIKING’s prior written consent, which shall not be unreasonably withheld.  VIKING agrees that it shall not consent to any judgment of any court or other tribunal or make any agreement with any third party regarding patent claim breadth or patent enforcement rights detrimental to ISI without ISI’s prior written consent, which shall not be unreasonably withheld.

 

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(e) To the extent that ISI is deemed an indispensable party in VIKING patent infringement litigation involving the Licensed Patents and Applications, ISI agrees to join VIKING in such action.  VIKING shall reimburse all of ISI’s reasonable expenses, including attorney fees, in connection with patent infringement litigation involving the Licensed Patents and Applications that ISI is required to join as an indispensable party.

 

(f) ISI agrees to cooperate with VIKING in any lawsuit that VIKING brings against an infringer of the Licensed Patents and Applications and to join VIKING as a party to such lawsuit if (i) requested by VIKING and (ii) if VIKING agrees to reimburse all of ISI’s reasonable litigation expenses, including attorney fees, in such lawsuit.

 

(g) To the extent permissible under the Federal Rules of Civil Procedure, ISI shall have the right to join in any VIKING litigation involving the Licensed Patents and Applications.

 

2.4 Patent Filing, Prosecution, and Maintenance.   VIKING shall retain control over filing, prosecuting, and maintaining all Licensed Patents and Applications.  VIKING agrees to exe


 
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