ArQULE TECHNOLOGY

ArQULE TECHNOLOGY. Means Technology that is either (i) assigned solely to ArQule (including ArQule Core Technology), (ii) assigned jointly to ArQule and a party other than APB, or (iii) licensed to or otherwise controlled by ArQule, in each case to the extent that ArQule has the ability to license or sublicense the rights required under this Agreement without payment to a third party.

ArQULE TECHNOLOGY. Means Technology that is either (i) assigned solely to ArQule, (ii) assigned jointly to ArQule and an Affiliate of ArQule or a Third Party other than GTC, or (iii) licensed to ArQule, in each case to the extent that ArQule has the ability to license or sublicense all rights reasonably required in connection therewith in order to engage in any activities contemplated under this Agreement without payment of valuable consideration to any Third Party.

ArQULE TECHNOLOGY. All information and data which is owned by or licensed by third parties to ArQule prior to the Effective Date and during the Research Period and is necessary or useful to conduct the screening to discover Active Compounds or to develop, make, use, sell or seek regulatory approval in any country to market a product containing a Royalty-Bearing Product; all to the extent and only to the extent that ArQule now has or hereafter will have the right to grant licenses, immunities or other rights... thereunder. View More

ArQULE TECHNOLOGY. Means all Related Technology (including but not limited to ArQule's AMAP-TM- Parallel Synthesis System and ArQule Design Tools), which is or was developed by employees of or consultants to ArQule alone or jointly with third parties prior to the Effective Date, or acquired by purchase, license, assignment or other means from third parties by ArQule prior to the Effective Date; and improvements related solely to the foregoing.... [*]=CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. OMITTED TEXT IS INDICATED BY A "*". 2 Notwithstanding the foregoing, ArQule Technology shall not include any Related Technology that ArQule does not have the right to license, sublicense, or practice without the consent of or payment to a third party. View More