Common use of Acknowledgement of Intellectual Property Rights Clause in Contracts

Acknowledgement of Intellectual Property Rights. I will, upon the request of the Corporation, do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered all such further acts, deeds, assignments, transfers, conveyances and assurances as may be required for the better carrying out and performance of all the terms of this Agreement. I will not dispute or contest, nor cause, assist or aid others in disputing or contesting the Corporation’s rights in and to the Work Products. I will fully cooperate with and assist the Corporation with the prevention or prosecution of any infringement of the Corporation’s rights in and to the Work Products. I will not commence an action or proceeding against any person or enter into a settlement relating to the Corporation’s rights in and to the Work Products without the Corporation’s prior written consent. I will have no rights against the Corporation, for damages or otherwise, for any failure by the Corporation to act in, or settle, any action or proceeding relating to alleged infringements or violations of the Corporation’s rights in and to the Work Products nor shall any such act or failure to act by the Corporation affect the validity or enforceability of this Agreement or the rights of the Corporation in and to the Work Products.