Royalty Report: Energy & Environment, Energy Resources & Svcs, Alternative and Renewable Energy – Collection: 2372

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Curated Royalty Rate Report
Category: Technology Licenses, Created On: 2022-04-28, Record Count: 20

Description

This collection of transactions and supporting information was developed using our AI algorithm to curate similar royalty reports into a cohesive collection to support your licensing, transfer pricing or other transaction scenarios where documented royalty rates and/or deal terms are important.
Category: Technology Licenses
Created On: 2022-04-28
Record Count: 20

Primary Industries

  • Energy & Environment
  • Energy Resources & Svcs
  • Alternative and Renewable Energy
  • Solar
  • Environmental Control
  • Fuel Cell
  • Power Generation
  • Hydrogen Gas
  • Chemicals
  • Recycling
  • Technical Know How
  • Waste Treatment
  • Machinery
  • Battery
  • Engines

IPSCIO Report Record List

Below you will find the records curated into this collection.  This summary includes the complete licensed property description so that you can review and determine if this collection covers the topics, technology or transaction type that is relevant for your needs.  The full report will include all relevant deal data such as the royalty base, agreement date, term description, royalty rates and other deal terms.  For reference, here is a sample of a full IPSCIO curated royalty rate report: Sample Report

IPSCIO Record ID: 2372

License Grant
The Company announced it signed a non-exclusive worldwide license for the marketing and manufacturing of the ECHFR System–ElectroChem Hydrogen Fuel Reactor (ECHFR), a prototype-stage technology that produces clean burning hydrogen gas at low pressure from any water source.
License Property
The Company was formed to design, build and manage inexpensive and environmentally friendly fuel and power producing systems for remote areas of the world that are without electricity and other sources of power.  The ECHFR is designed to be used where there is no energy readily available.  All that is required for the ECHFR to work is water and a proprietary mixture of dry chemicals that are readily available, light in weight, and easily transported.
Field of Use
The ECHFR is a sophisticated mechanical reactor that creates an electrical current that splits the water molecule, separating the two hydrogen atoms from the oxygen atom.  The ECHFR activates a formula that removes hydrogen from the formula on a stand-by or as needed basis using equipment that can be portable or stationary.  The result is clean burning hydrogen gas that can be used for cooking, heating or refrigeration.

IPSCIO Record ID: 26156

License Grant
The Licensor inventor, owns 47.92% of the outstanding common stock Company, assigned the rights to the ElectroChem Hydrogen Fuel Reactor(ECHFR) to the Company. The Licensor inventor built the prototype and will continue to be involved in its development and commercialization.
License Property
ElectroChem Hydrogen Fuel Reactor(ECHFR) is a prototype-stage technology that produces clean burning hydrogen gas at low pressure from any water source.

IPSCIO Record ID: 5125

License Grant
The Company hereby grants a non-exclusive world wide license to make, have made, use, and sell the UOB-TM- and to practice the Invention for use with fuel cells and fuel cell systems Only.
License Property
Invention shall mean the invention of a UOB-TM- for producing hydrogen from virtually any hydrocarbon fuel without the use of catalysts and addition of steam although steam may have some uses down-stream and any and all improvements thereto which may hereafter be owned or controlled by Licensor, (hereafter called the UOB-TM- or Invention).

Our products provide an efficient and cost-effective way to generate hydrogen.  Our UOB-TM- technology allows for hydrogen gas generation using readily available inputs such as electricity, natural gas, and water.

We design and develop hydrogen fuel processors for fuel cell systems and industrial hydrogen generators.  Because fuel cells require hydrogen to produce electricity, the efficient and cost effective production of hydrogen for fuel cells is critical to the commercial introduction of fuel cell systems into the mass transportation and stationary markets.  We have developed and patented the Under-Oxidized Burner (UOB-TM-), an innovative technology for hydrogen production. In comparison to other means of producing hydrogen, we believe our products provide more efficiency, lower emissions, lower capital costs and greater fuel-flexibility.  Our proprietary UOB-TM- system produces hydrogen from hydrocarbon feedstocks, such as natural gas, propane, diesel and gasoline, and can be utilized as an on-site source of hydrogen in a variety of applications.

Field of Use
The rights granted apply to the fuel cell systems.

IPSCIO Record ID: 25967

License Grant
The Licensor granted the exclusive, worldwide license to exploit the patents for the process.
License Property
The patents are  U.S. Patent 5516742 Issued May 14, 1996 Catalytic conversion of water and carbon dioxide to low cost energy, hydrogen, carbon monoxide, oxygen and hydrocarbons
U.S. Patent 5710087 Issued January 20, 1998 Process for catalytic conversion of water and carbon dioxide to low cost energy, hydrogen, carbon monoxide, oxygen and hydrocarbons.  The License terminates as the last to expire patent, and is sublicensable.

IPSCIO Record ID: 27173

License Grant
The Company acquired an Exclusive License from Licensor, an individual, the inventor and owned of the Company for the Technology; pelletized hydride, hydrogen generating system, includes both a hydrogen generation system and a hydrogen generation pelletized fuel.  The fuel pellet is used in the hydrogen generation system and is comprised of an alkali metal and a coating of water impervious material rendering the core impervious to water.
License Property
The Technology relates to the production of hydrogen gas in a Hydrogen Generation System.  The Hydrogen Generation System is designed to produce hydrogen gas as needed to be used for whatever purpose it was intended.  The hydrogen is produced in the Hydrogen Generation System through a chemical reaction of sodium hydride with water. Key components of the Hydrogen Generation System include a tank called a Hydrogen on Demand Generator (the Tank) and fuel pellets which are made of sodium hydride.
Field of Use
Currently hydrogen is mainly utilized as a chemical component for industrial uses.  In addition, the market for hydrogen gas as a fuel source has increased as a result of many factors, including environmental concerns related to cost and environmental concerns surrounding the use of fossil fuels, increased research and development of alternative fuel sources in general, and the development of hydrogen fuel cells.

IPSCIO Record ID: 3658

License Grant
The Assignor hereby grants to the Assignee, for the Assignment Term only, an indivisible, right and assignment to make, use, lease, sell, and otherwisepractice commercially the defined Assigned subject matter.  Assigned subject matter relates to scientific information disclosed to Assignee by the Assignor, and useful in identifying and optimizing the basic physical and chemical effects underlying the Assigned Products or performing Assigned Services.
License Property
'Assigned Trademark' Santilli's Magnetiona, Santilli's MagneGasa, Santilli's PlasmaArcFlowa Technology, Santilli's Magneculesa, Santilli's Magneliquidsa, or other word and/or design, used with or without any other word and/or design,in or as a brand name for Assigned Products or Assigned Services or Assigned Systems.  The Assignee shall form three companies to exploit the technology in Europe, Asia and United States.

The MagneGas(TM) technology permits fuel production with a sufficient energy density to be used as a combustible fuel in a compressed form. The Company believes that MagneGas(TM) can be cost competitive to other liquid fuels when produced in large quantities.

The Company expects that revenues can also be generated from both the elimination and processing of liquid waste. It is intended that MagneGas(TM) be sold for any fuel application including metal cutting, automotive, electric generators, cooking and heating. MagneGas(TM) is produced by processing liquid wastes of fossil or biomass origin utilizing PlasmaArcFlow(TM) reactors. These reactors flow liquids through a submerged electric arc. The arc essentially decomposes the liquid molecules into a plasma at 7,000 to 10,000 degrees Farenheit ('F') composed of ionized hydrogen (H), oxygen (O) and carbon (C) atoms, plus solid precipitates. The technology then controls the recombination of H, O and C into clusters of molecules under new internal bonds.

Patent Application #1 NEW CHEMICAL SPECIES FOR GASES AND THEIR NEW TECHNOLOGIES Serial Number 09/133,348 dealing with the new chemical structure of all gases produced under an electric arc, known as 'Santilli's Magnecules', which is inclusive of, but not limited to 'Santilli's Magnegas'.

Patent Application #2 DURABLE AND EFFICIENT EQUIPMENT FOR THE PRODUCTION OF A COMBUSTIBLE AND NON-POLLUTANT GAS FROM UNDERWATER ARCS AND METHODS THEREOF by R. M. Santilli Serial number 09/372.277

Patent Application #3 MAGNEGAS, A novel, HIGHLY EFFICIENT, NONPOLLUTANT, OXYGEN RICH AND COST COMPETITIVE, COMBUSTIBLE GAS, AND ASSOCIATED METHOD Serial Number 09/372,278

Patent Application #4 ELECROMAGNETION Serial Number 09/106.170 Filed on 06/29/98 which deals with the new chemical species of 'Santilli's Magnecules' for liquids used in the production of 'Santilli's Magnegas'.

IPSCIO Record ID: 291126

License Grant
The University grants to the Licensee, a nonexclusive license to make, have made, use, import, sell and offer to sell Licensed Invention under the Patent rights, limited to the field of use.
License Property
Technology means technical information, know-how, data and patent rights owned or controlled by the University and relating to Annular Feed Air Breathing Fuel Cell Stacks.

The PEM fuel cell technology relating to annular feed air breathing fuel cell stacks, was invented and patented (under U.S. patent numbers 5,514,486 and 5,595,834). The fuel cell is designed to provide clean, economic low power.

A fuel cell is a device that uses a fuel (usually hydrogen) to create electricity. The method it uses to create the electricity is fairly simple Hydrogen is introduced to one side of the fuel cell (known as the anode). The hydrogen atom is stripped of its electron as it progresses through the cell. The electron goes through a conductor to create an electrical current. At the other end, the hydrogen joins up with oxygen and forms water. When a fuel cell is used it creates clean power (electricity) with pure water as the only byproduct.

Proton-Exchange-Membrane ('PEM') fuel cell is a small, stackable device (each unit is approximately the same size as a soda can) that will deliver low power (less than 50 to 500 watts) reliably and cleanly. The current configuration of the PEM fuel cell is not powerful enough to operate an automobile, but it can provide enough power for people in third world countries or in an emergency situation or other venue where no power is present to operate such items as small medical equipment, communication devices and camping equipment.

Field of Use
All fields of use except for the following Power generation for marine, aerospace, military, portable, and remote-area applications.

IPSCIO Record ID: 26942

License Grant
The Company's patent technology and rights were assigned to License, a subsidiary.
License Property
Patent technology right is to Hydrogen Generation System–pellets that store and produce hydrogen on demand.  Each powerball is a sodium hydride sphere which is approximately 1.2 inches in diameter, covered by a polyethylene cover.   A gallon of powerball fuel pellets produces hundreds of gallons of hydrogen upon contact with water on an as-needed basis.  The hydride pellets can be produced using energy from diverse energy sources all over the world such as biomass, natural gas, wind energy, hydroelectric power, and solar energy.

IPSCIO Record ID: 291125

License Grant
The University grants to the Licensee, an exclusive license to make, have made, use, import, sell and offer to sell Licensed Invention under the Patent rights, limited to the field of use.
License Property
Technology means technical information, know-how, data and patent rights owned or controlled by the University and relating to Annular Feed Air Breathing Fuel Cell Stacks.

The invention and patents are for Annular feed air breathing cell stack.

The PEM fuel cell technology relating to annular feed air breathing fuel cell stacks, was invented and patented (under U.S. patent numbers 5,514,486 and 5,595,834). The fuel cell is designed to provide clean, economic low power.

A fuel cell is a device that uses a fuel (usually hydrogen) to create electricity. The method it uses to create the electricity is fairly simple Hydrogen is introduced to one side of the fuel cell (known as the anode). The hydrogen atom is stripped of its electron as it progresses through the cell. The electron goes through a conductor to create an electrical current. At the other end, the hydrogen joins up with oxygen and forms water. When a fuel cell is used it creates clean power (electricity) with pure water as the only byproduct.

Proton-Exchange-Membrane ('PEM') fuel cell is a small, stackable device (each unit is approximately the same size as a soda can) that will deliver low power (less than 50 to 500 watts) reliably and cleanly. The current configuration of the PEM fuel cell is not powerful enough to operate an automobile, but it can provide enough power for people in third world countries or in an emergency situation or other venue where no power is present to operate such items as small medical equipment, communication devices and camping equipment.

Field of Use
The field of use is Power generation for marine, aerospace, military, portable, and remote-area applications.

IPSCIO Record ID: 141740

License Grant
Licensor grants a world-wide exclusive sub-license to make, use, market and sell and otherwise exploit, in perpetuity, the UOB-TM-Technology, and the Tradenames and Trademarks, provided, however, that this Sub-License is limited to the Field of Use.

Pursuant to a license agreement between a third party and the Licensee, the Original License, on March 28, 1996 Licensee was granted a world-wide exclusive license to make, use and sell the UOB-TM- Technology with respect to a specific field of use.

That same third party entered into an agreement with this Licensor pursuant to which Licensor was granted, in perpetuity, an exclusive irrevocable worldwide license to make, use, offer for sale, sell, sub-license and otherwise exploit the Licensed UOB-TM- Patents, the UOB-TM- Technology, the Trade Names and Trademarks for all uses.  The third party has assigned the Original License to the Licensor. The parties here are restating and amending the terms and conditions of the original License in this Sub-license Agreement.

License Property
UOB-TM- Technology shall mean all inventions, technology and information presently known or hereafter developed or acquired by or licensed to HBT relating to the UOB-TM-, including, but not limited to, the UOB-TM- Reactor, Water Vaporization System, Water and/or Gas Shift Reactor, Air and Fuel Injectors, Control System Software, all technology where hydrogen is used as a fuel for fuel cell systems and combustion systems, or where hydrogen is used as a feed stock, and any other fields of use (whether known or unknown) for the UOB-TM- Technology, Licensed UOB-TM- Patents, UOB-TM- System.
Field of Use
The Sub-License granted pursuant to this Agreement shall be limited and confined to a Field of Use identified as all conventional hydrogen markets, including but not limited to chemical, refinery, metals, food, hydrogen peroxide, glass, electronics, and all other uses where Hydrogen is not used as a fuel but instead as a feed stock to industrial products and processes.

IPSCIO Record ID: 5578

License Grant
The founder of the HARPS technology has granted an exclusive license to develop, manufacture and market the same.
License Property
Intellectual property involved in the transaction involves generation of electrical power using the energy generated by the heat of evaporation of water.

The intellectual property rights are called  Hydro-Air Renewable Power System (HARPS ) which includes two U.S.  Patents,  one  granted on September 3, 1996 (number 5,551,238) and a second granted on July 28, 1998 (number 5,784,886), as well as Air Conditioner Energy  System  (ACES')  which  includes a U.S. Patent (and International filings)  granted  December 28, 1999 (number  6,006,538).  The licensee acquired the intellectual property as part of corporate buyouts.  Licensor is a Director on the Board of Licensee.  At present the technology is dormant and no effort is being made to commercialize because of unfavorable economics.

IPSCIO Record ID: 2553

License Grant
Licensor hereby grants a non-exclusive worldwide License to do the following, upon the terms and conditions herein specified.
License Property
Licensor owns all the rights, titles and interests in and to those certain hydrogen generating technologies and processes, together with all improvements, modifications, and changes heretofore and hereafter made by Licensor while this Agreement remains in effect and any and all other intellectual property rights therein, together with any and all patents, patent applications and patent rights.
Field of Use
The rights granted apply to hydrogen generating technologies and processes.

IPSCIO Record ID: 27357

License Grant
The Licensor hereby Licenses, assigns, conveys and transfers to Licensee all of Licensor’s right, title and interest in and to the Technology for the Licensee’s exclusive use within the Waste Industry; related patent(s), to the manufacturing of Hydrogen Selective Membranes (as more fully described in US Patent Number 5,414,891) and the use of such membranes for certain hydrogen gas related separation process (the Technology).
License Property
Waste will be put into the Startech Plasma Converter where it will be irreversibly destroyed and converted into Plasma Converter Gas (PCG)(TM).  PCG is a clean synthesis gas mixture rich in hydrogen.  The PCG will then be fed into the Company's StarCell system to separate the hydrogen from the PCG to produce StarCell Hydrogen(TM) for energy and power. The balance of the PCG, comprised principally of carbon-based molecules, can also be used for energy and power.

IPSCIO Record ID: 28037

License Grant
The Licensee entered into a Diesel Fuel Combustion Technology License with the Licensor, a founder & inventor. The Licensor is a Founder of the Licensee. The Licensor granted the Licensee an exclusive worldwide License to design, engineer, manufacture, market, distribute, lease and sell burner products using the diesel fuel combustion technology, and to sub-License and otherwise commercially exploit the diesel fuel combustion technology.
License Property
The Licensee invented the patented high-frequency valveless 'pulse combustion technology' and the 'diesel fuel combustion technology. A burner unit is a furnace or other combustion chamber which uses the combustion process to convert the chemical energy contained in various fuel sources, such as natural gas, propane, gasoline, diesel fuel, oil, or coal, into heat energy.
Field of Use
The Licensee was developed to market burner units based upon two innovative burner designs acquired under license.

The use of a burner unit to create heat energy is typically the first of a number of steps in which the heat energy is generated for use in a multiplicity of residential, commercial or industrial settings, ranging from simple one-step residential and light commercial applications where the heat energy is used merely to heat air or water, such as the case of space or water heaters, to complicated industrial multi-step applications where the heat energy is subsequently converted into one or more other forms of energy. An illustration of a multi-step industrial application would be electricity generation, where a public utility company first burns oil, natural gas or coal to create heat energy, then uses this form of energy to heat water in a boiler system to create steam energy, then uses this form of energy to run a turbine to create mechanical energy, and ultimately uses this form of energy to create a magnetic field to generate electrical energy.

IPSCIO Record ID: 26018

License Grant
The Cell Technology Transfer and License Agreement provides the Korean Licensee the rights to manufacture carbonate fuel cell components in South Korea based on DFC technology and grants commercial rights to Asian markets.

The Agreement harmonizes two prior License Agreements so that the Licensee has rights to manufacture the entire carbonate DFC power plant.

License Property
The Licensor will collaborate with the Licensee under the License Agreement to provide design and procurement assistance for the facility.

A production facility will be built to produce up to 140 megawatts of fuel cell components annually, with equipment initially procured for an expected annual production volume of 70 megawatts.

Construction will begin in early 2013 and fuel cell component production is expected to start in late 2014 or early 2015.

Field of Use
The Licensee is Korea’s largest independent power producer.

DFC power plants provide ultra clean, efficient and reliable distributed power generation solutions. Direct FuelCells combine a fuel such as natural gas or renewable biogas with oxygen from the ambient air to efficiently produce ultra-clean electricity and usable high quality heat through an electrochemical process. DFC power plants emit virtually no pollutants due to the absence of combustion. Avoiding the emission of nitrogen oxide (NOx), sulfur dioxide (SOx) and particulate matter supports clean air regulations and benefits public health. The high efficiency of the fuel cell power generation process reduces fuel costs and carbon emissions, and producing both electricity and heat from the same unit of fuel further supports favorable economics while also promoting sustainability.

IPSCIO Record ID: 275215

License Grant
Company grants to Distributor, a subsidiary, an exclusive license to use the Trademarks in conjunction with the Product within the Trademark Territory.

Company grants to Distributor an exclusive license under the Patents to make, use, sell, and offer for sale the Product within the Patent Territory.

License Property
Trademark or Trademarks means any registered trademark or trademark application listed
MAGNEGAS
MAGNEGAS 2
MAGNETOTE
VENTURI
VENTURI PLASMA ARC FLOW

Patent or Patents means any registered trademark or trademark application listed.
6,183,604 – Durable and efficient equipment for the production of a combustible and non-pollutant gas from underwater arcs and method therefor
6,663,752 – Clean burning liquid fuel produced via a self-sustaining processing of liquid feedstock
6,673,322 – Apparatus for making a novel, highly efficient, nonpollutant, oxygen rich and cost competitive combustible gas and associated method

Product is defined as any gas produced using the equipment and methods claimed within any Patent, but excluding water treatment or treated water.

MagneGas is a patented industrial gas used for metal cutting purposes. The gas was previously produced from vegetable oil and a combination of fossil fuel waste streams.

Field of Use
The rights relates to the Company’s trademarks, patents and other intellectual property, including the ability to commercially manufacture and sell the Company’s Venturi® Gasification Systems for the creation of gases.  â€œProduct” is defined as any gas produced using the equipment and methods claimed within any Patent, but excluding water treatment or treated water.

IPSCIO Record ID: 29768

License Grant
The company grants to the Licensee, a joint venture, a world-wide, exclusive and irrevocable license to make, use, offer for sale, sell, sublicense and otherwise exploit, in perpetuity (but in the event such term is not permitted, then for the longest period permitted by law), the Licensed UOB-TM- Patents, the UOB-TM- Technology and the Tradenames and Trademarks (collectively, the Licensed Property). The license includes all uses, and is subject only to the license as such license is amended as of the date hereof and converted into a sublicense.
License Property
U.S. Patent No. 5,207,185 – dated May 4, 1993

U.S. Patent No. 5,299,536 – dated April 5, 1994

U.S. Patent No. 5,441,546 – dated August 15, 1995

U.S. Patent No. 5,437,123 – dated August 1, 1995

U.S. Patent No. 5,529,484 – dated June 25, 1996

U.S. Patent No. 5,546,701 – dated August 20, 1996

Tradenames and Trademarks shall mean the name and mark UOB-TM-, and any other names or marks now or later adopted, used or acquired by HBT that refer or relate to the UOB-TM- Technology.

Field of Use
This agreement pertains to the technology where hydrogen is used as a fuel for fuel cell systems and combustion systems, or where hydrogen is used as a feed stock, and any other fields of use (whether known or unknown) in the energy industry.

IPSCIO Record ID: 25863

License Grant
The Licensee entered into an Agreement with the Licensee's president, in which the Licensee acquired from Licensor patents, patents pending, designs and contracts related to the bladeless turbine, solar and chemical thermal technologies, and electronic shelf tag technology.
License Property
I. Bladeless Propulsion Turbine technologies including present patents, designs, contracts, hardware and software as related to, but not limited to the following
1) Large-scale electric power generation for public utility,
2) Small-scale on-site electric and thermal power generation for businesses,
3) Miniature-scale on-site electric and thermal power generation for homes,
4) Medium-scale electric and thermal power generation for co-generation cycling on existing power plants
5) Motor transportation

II. Solar Thermal technologies including present patents pending, designs, contracts, hardware, and software as related to but not limited to the following
1) Large-scale, on-site, renewable energy electric power generation for public utility,
2) Small-scale, on-site, renewable energy electric and thermal power generation for businesses,
3) Miniature-scale, on-site, renewable energy electric and thermal power generation for homes,
4) Economical renewable energy production for processing chemicals including alternatives to fossil fuels such as methanol and hydrogen.

III. Chemical Thermal technologies including present patents pending, designs, contracts, hardware, and software as related to but not limited to the following
1) Large-scale, on-site, renewable energy electric power generation for public utility,
2) Small-scale, on-site, renewable energy electric and thermal power generation for businesses,
3) Miniature-scale, on-site, renewable energy electric and thermal power generation for homes,
4) Economical renewable energy production for processing chemicals including alternatives to fossil fuels such as methanol and hydrogen.

IV. Electronic Shelf Tag Display technologies including present patents and patents pending, designs, contracts, hardware, and software as related to but not limited to the following

1) Electronic Shelf Tag Display for retail stores for the purpose of replacing printed shelf tags that facilitate automated inventory control, automatic price changes, automatic item placement for stocking shelves, and automatic display for specials.

IPSCIO Record ID: 7377

License Grant
The Licensor, an individual, is an officer of the Licensee company.

Licensor grants to Licensee, during the Term the exclusive right and license throughout the world, to use the Licensed Technology and to manufacture, have manufactured, use, market, have marketed, sell and have sold Licensed Products.  The rights in the Licensed Technology granted by Licensor to Licensee include the right to grant sublicenses, subject to the prior written consent of Licensor, such consent not to be unreasonably withheld.

License Property
Licensor is the owner of certain technology, including

(a) a concept to produce commercial fuel, electricity and O2 (herein referred to as the Solarec Technology), as further particularized in U.S. Patent No. 6,066,187;

(b) a concept to produce H2 from coal (herein referred to as the HTWO Technology),

(c) other solar processes for H2 production (herein referred to as the Solar Process Technology).

Licensed Technology means the following  the Solarec Technology, the Solar Process Technology, and the HTWO Technology.

Solarec is capable of producing clean carbon dioxide free hydrogen fuel utilizing high temperature solar energy. There are two stages to the process the first stage is unique and uses highly concentrated solar energy to convert carbon dioxide into carbon monoxide and oxygen, while the second stage uses common refining technology called the 'water gas shift reaction' to convert the carbon monoxide into hydrogen and carbon dioxide. The hydrogen will be converted to methanol for ease of transportation using standard industry technology, which will then be reformed back to hydrogen at the point of use. Oxygen and electricity are two by-products of the process that may also be sold.

Field of Use
Licensor and Licensee desire to enter into a license for the Licensed Technology. Licensee also desires to further develop the Licensed Technology, to maintain the intellectual property rights in the Licensed Technology, and to be kept informed of all new developments available or known to Licensor hereafter that may be potentially relevant to the Licensed Technology.

IPSCIO Record ID: 5436

License Grant
The Licensee agrees to purchase and Licensor agrees to sell under the terms and conditions of this agreement an exclusive, world wide license of Licensor's patented technology of a pelletized hydride, hydrogen generating system integrated and in conjunction with electric generated fuel cell system, except as limited herein.
Field of Use
The rights granted apply to the Electric Generating Fuel Cells market.
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