definiens: ( /dictionary / improvements ) means all present and future supplements, changes, derivatives, revisions, updates, advancements, inventions, corrections and modifications that are applicable to themanufacture or use of the Licensed Product or use of the Licensed Patent or Licensed Processes, whether developed orcreated by Licensor or Licensee.1.5 means ( a ) any inventions, ideas, discoveries, developments, improvements, innovations, and know - how, whether or not subject to patent, copyright or trademarkprotection ; ( b ) trade secrets ; ( c ) compositions of matter, ( d ) proprietary procedures, prototypes, products or devices ; and(e ) experimental and regulatory results.1.6 means the license granted under Section 2.1 hereof.1.7 meansLicensee ’s RX stent delivery catheter with theSHS and Licensee ’s mesh covering.1.8 means any process or method that is covered inwhole or in part by an issued, unexpired claim or a pending claim contained in the Licensed Patents.1.9 ( /dictionary / licensed - patents ) shall mean all the patents and patent applicationslisted in E � � � � � � B attached hereto ; ( b ) any international counterparts thereof ; and ( c ) all patents issuing from any of theforegoing.1.10 ( /dictionary / net - sales ) shall mean the gross invoiced sales prices charged for all LicensedProducts sold by Licensee to third parties for which Licensee actually received payment from such third parties less : ( a)trade discounts ( including without limitation discounts given to distributors, agents and representatives ), prompt paymentand quantity discounts actually given ; ( b ) any tax imposed or other governmental charge ( other than income tax ) charged orlevied on the sale, use, transportation, or delivery of the products and borne or passed through to Licensee ; ( c ) credits orallowances actually given and arising from returned or rejected products or retrospective price adjustments to any suchproducts and recalls ; ( d ) governmental and managed care rebates, and hospital or other buying group charge backs.21.11 ( /dictionary / royalty - bearing - sale ) means any sale, lease or transfer of anyLicensed Product, by Licensee for which Licensee has received revenue.1.12 shall mean all of the countries and territories of the world . ARTICLE 2GRANT OF LICENSE ( # ) 2.1L � � � � � � G � � � � . ( / � � � � � � / � � � � � � � - � � � � � ) Licensor hereby grants to Licensee a non - exclusive, world - wide license under the Licensed Patents and the Licensed Processes and any Improvements thereon made by Licensor, withthe right to use, make, have made, ( including the right to have a third party to manufacture the Licensed Products)sell, offer, Firefox https://www.lawinsider.com/contracts/6dMoJWBxalEpbZtZMceMgs/ins ..