24.1 Where a Party is the sole owner of Centre Intellectual Property that Party may propose a commercialisation strategy to the Board, and if the strategy is a reasonable one, it shall be adopted by the Board.

24.2 Where the Centre Intellectual Property is jointly owned by the Parties, the Board shall be responsible for the Commercialisation of Centre Intellectual Property, and in particular:

24.3 Where possible the commercialisation strategy will attempt to maximise returns by taking into account the putting together of technology packages made up of Centre Intellectual Property and Background Intellectual Property.

24.4 Subject to the terms of this Agreement, the Centre Agent shall pay into the Account any royalties and/or licence fees derived by the Centre from Commercialisation of the Centre Intellectual Property.