VI. Licensees of Intellectual Property
| Jurisdiction | North Carolina |
VI. LICENSEES OF INTELLECTUAL PROPERTY
Pursuant to Section 365(n), if the trustee or debtor in possession rejects an executory contract under which the debtor is a licensor of a right to intellectual property, the licensee under such contract may elect to treat the contract as terminated or to retain all its rights under the license, including a right to enforce any exclusivity provisions for the duration of the license and any extensions to which the licensee had a right. See Mission Product Holdings,...
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