And individuals and companies that need some intellectual property to grow their businesses or make a living may not have access to it. 2. Licensor agrees that *** shall have sixty (60) days to confirm in writing to licensor «**` the exercise of its option to grant exclusively to *** any other formulation that has not yet been identified, once such other formulations have been identified or brought to the attention of ***. Licensor is free to license to other parties other formulations that are not permitted under this Agreement. If you have an idea or product that you think others want to exploit or copy, it`s worth consulting a lawyer.