Fixed termination date and reversionary clause makes an agreement to transfer patent rights a license rather than an assignment of "all substantial rights."
Plaintiff Inventor's suit for breach of contract and patent infringement was properly brought in United States District Court where Defendant University had waived its Eleventh Amendment immunity through a specific contract provision.
Patent owner was not entitled to change in court judgment after defendant went out of business.
Prospective patent licensee had a reasonable apprehension of suit sufficient to create an actual controversy under the Declaratory Judgment Act.