7. TRANSFER

7.1 If your Grant is tagged as “Transferable” and you lawfully transfer ownership of your Access Token, the Grant to you shall terminate upon the effective date of such transfer, and such Grant will be assigned to the new owner of the Access Token. For clarity, upon the transfer of your Access Token to a new owner, the Grant may only be exercised by the new owner, and you and your sublicensees (if applicable) will no longer have the right to access or use the Accessible IP or exercise any other rights under the Grant. Accessible IP Owner may restrict the transferee of your Access Token from exercising the Grant if your Grant is not tagged as “Transferable”. As a condition to the transfer of the Access Token, the transferee agrees upon the acquisition of the Access Token that (a) the transferee is not a Restricted Party and (b) the transferee accepts this Access Agreement. Because virtually all public blockchains are licensed under open source licenses, it is possible that the blockchain may fork, merge, transition from a testnet version into a mainnet version, or duplicate the original blockchain that initially recorded ownership of your Access Token. In such case, any rights granted under this Access Agreement to owners of any Access Token will only be granted to the lawful owners of such Access Token whose ownership is recorded on the mainnet version of the blockchain that is generally recognized and predominantly supported in the blockchain industry as the legitimate successor of the original blockchain (as determined in our sole discretion).

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