definiens: means all Valid Claims of the patents and patent applications listed in Schedule 5, as well as any and all, reissues, reexaminations, renewals and extensions thereof, and any and all continuations, continuations - in - part and divisionals of the applications for such patents in the United States and all counterparts thereto in countries outside the United States but shall not include ( i ) Valid Claims in US Patent No . 5,233,409 to the extent they cover single chain antibodies, nor ( ii ) Valid Claims of any continuation, continuation - in - part or divisional applications of the US Patents or any counterparts of the US Patents in countries outside of the United States, that cover particular protein or peptide sequences, or nucleic acids thereof, that bind to a specific biological or molecular target . [COMPANY] Patent Rights include the [COMPANY] Base Phage Display Patent Rights ( the patents and patent applications listed in Schedule SA ) and the [COMPANY] Library - Related Patent Rights ( the patents and patent applications listed in Schedule 5B )