Exploitation Proceeds

Example Definitions of "Exploitation Proceeds"
Exploitation Proceeds. Any and all proceeds generated from the Exploitation of the Individual's Background IPR, the Foreground IPR and/or any Patent by way of licensing to a third party other than a Spin-out Company, which are received by the Company, whether in money or money's worth, including, for the avoidance of doubt, cash, or shares in a company other than a Spin-out Company
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