Extract to table

1 of the WASI Agreement provides that any intellectual property developed jointly by the parties in the course of work performed under the agreement shall be jointly owned by Cascadia and WASI

4 of the WASI Agreement provides that neither party may assign its rights or obligations under the agreement, or transfer its rights in the jointly developed IP, without the prior written consent of the other party, which consent shall not be unreasonably withheld

The provision further states that a "change of control" of either party — defined as a transfer, directly or indirectly, of more than 50% of the voting securities or equity interests of such party, or a merger, consolidation, or similar transaction in which such party is not the surviving entity or in which such party's equity holders immediately prior to the transaction hold less than 50% of the voting securities of the surviving entity — shall be deemed an assignment requiring consent