definiens: shall mean owner of Shares of stock in LICENSE E, 2 . License Grant 2.1 . License Grant . CMU hereby grants to LICENSEE, and LICENSEE hereby accepts fur the Term of this Agreement an exclusive, world - wide right to use the Licensed Tec1mology to develop, have developed, make, have made, use, market, have marketed and Dispose and have Disposed of Licensed Products and to create or have created Derivativ es, within the Field of Use, tor the purposes of ( i ) the development and engineerin g of commercial Licensed Products ; ( ii ) the manufacturing, marketing, sale and Disposition of Licensed Products, directly and through sublicensees, distributors and value - added resellers ( V ARs ), both in the United States and in international markets, and ( iii ) the sublicensing of Licensed Technology to others within the provisions of Section 2.3 herein