ASSIGNMENT OF THE TECHNOLOGY Clause Samples

The "Assignment of the Technology" clause transfers ownership or rights to specific technology from one party to another, typically within the context of a contract or agreement. This clause outlines which technologies, inventions, or intellectual property are being assigned, and may specify the timing, scope, and any conditions of the transfer. Its core practical function is to ensure that the recipient gains clear legal rights to use, develop, or commercialize the technology, thereby preventing future disputes over ownership or usage rights.
ASSIGNMENT OF THE TECHNOLOGY. 9.1 The University and the Authors acknowledge and agree that should the University determine that the most effective manner in which to commercialize the COPYRIGHT MATERIAL, and any associated other COPYRIGHT MATERIAL, is by way of sale or assignment to one or more third parties, whether persons or incorporated companies, the University, following reasonable consultation with the Authors’ designate, noted in Article 11 - Notice, shall be free to enter into such sale or assignment and the Authors shall co-operate in full to effect such sale or assignment or waiver of moral rights, and the University may negotiate such compensation that it may determine to be appropriate in the circumstances including one or more or all of the following: (i) Repayment of all outstanding Direct Costs. (ii) A sum of money, equity securities or other real or personal property which shall be shared between the Authors and the University as described in Article 7 of this Agreement.
ASSIGNMENT OF THE TECHNOLOGY. 9.1 The University and the Researchers acknowledge and agree that should the University determine that the most effective manner in which to commercialize the IP and any associated Intellectual Property Rights is by way of sale or assignment to one or more third parties, whether persons or incorporated companies, the University, following reasonable consultation with the Researchers’ designate, noted in Article 11 – Notice, shall be free to enter into such sale or assignment and the Researchers shall co-operate in full to effect such sale or assignment, and the University may negotiate such compensation that it may determine to be appropriate in the circumstances including one or more or all of the following: (i) Repayment of all outstanding Direct Costs. (ii) A sum of money, equity securities or other real or personal property which shall be shared between the Researchers and the University as described in Article 7 of this Agreement.
ASSIGNMENT OF THE TECHNOLOGY. 9.1 The University and the Authors acknowledge and agree that should the University determine that the most effective manner in which to commercialize the SOFTWARE, and any associated OTHER SOFTWARE, is by way of sale or assignment to one or more third parties, whether persons or incorporated companies, the University, following reasonable consultation with the Authors’ designate, noted in Article 11 - Notice, shall be free to enter into such sale or assignment and the Authors shall co-operate in full to effect such sale or assignment or waiver of moral rights, and the University may negotiate such compensation that it may determine to be appropriate in the circumstances including one or more or all of the following: (i) Repayment of all outstanding Direct Costs. (ii) A sum of money, equity securities or other real or personal property which shall be shared between the Authors and the University as described in Article 7 of this Agreement.
ASSIGNMENT OF THE TECHNOLOGY. Upon the execution of this Agreement by the Parties, ▇▇▇▇▇▇▇▇ does hereby assign, transfer and convey unto EPC all of ▇▇▇▇▇▇▇▇’▇ right, title and interest in and to that certain technology, invention, design, improvement, or any related intellectual property known as the Gas Assisted Downhole Pump, which is more fully described on Exhibit A, which is attached hereto and incorporated herein by reference (hereinafter referred to as the “Technology”).
ASSIGNMENT OF THE TECHNOLOGY. Upon the earlier of (i) completion of Influence's payment of all of the minimum royalties set forth in Section 5.4.b., through the year 2003, or (ii) payment by Influence to TTI of the total amount of $1,000,000 at any time prior to 2003, TTI will, subject to Sections 5.3, 5.6 and 10.1, irrevocably assign to Influence all of TTI's rights, title and interest in and to (i) the Technology and (ii) any updates to or enhancements, modifications or revisions thereto. This assignment shall not affect the royalty payment requirements required under this Agreement, which shall be an ongoing obligation of Influence notwithstanding such assignment.
ASSIGNMENT OF THE TECHNOLOGY. 2.1. Subject to the terms and conditions hereof, Polyvalor by these presents does hereby acknowledge that Polytechnique has sold assigned and transferred unto Canada its entire rights, title and interests in and to theTechnology, and in and to the related Intellectual Property and Technical Data (hereinafter the "Assignment"). 2.2. Without limiting the generality of the foregoing, for the duration of the Term, as defined hereinbelow, and for nominal consideration, Polyvalor agrees and undertakes to assign to Canada any and all of its rights, title and interests in and to the Intellectual Property which may be developed jointly in application of the present agreement and any other agreement to be executed by Canada with Polytechnique. Canada shall however have to grant equitable compensation to any researcher who may hold rights to the Intellectual Property so developed.
ASSIGNMENT OF THE TECHNOLOGY 

Related to ASSIGNMENT OF THE TECHNOLOGY

  • Assignment of Company Inventions Inventions assigned to the Company or to a third party as directed by the Company pursuant to the subsection titled Government or Third Party are referred to in this Agreement as “Company Inventions.” Subject to the subsection titled Government or Third Party and except for Inventions that I can prove qualify fully under the provisions of California Labor Code section 2870 and I have set forth in Exhibit A, I hereby assign and agree to assign in the future (when any such Inventions or Intellectual Property Rights are first reduced to practice or first fixed in a tangible medium, as applicable) to Company all my right, title, and interest in and to any and all Inventions (and all Intellectual Property Rights with respect thereto) made, conceived, reduced to practice, or learned by me, either alone or with others, during the period of my employment by Company. Any assignment of Inventions (and all Intellectual Property Rights with respect thereto) hereunder includes an assignment of all Moral Rights. To the extent such Moral Rights cannot be assigned to Company and to the extent the following is allowed by the laws in any country where Moral Rights exist, I hereby unconditionally and irrevocably waive the enforcement of such Moral Rights, and all claims and causes of action of any kind against Company or related to Company’s customers, with respect to such rights. I further acknowledge and agree that neither my successors-in-interest nor legal heirs retain any Moral Rights in any Inventions (and any Intellectual Property Rights with respect thereto).

  • Assignment of Patents Executive shall disclose fully to the Company any and all discoveries he shall make and any and all ideas, concepts or inventions he shall conceive or make that are related or applicable to the Business of the Company or of any of its Subsidiaries or to any other products, services, or technology in medicine or the health sciences in which the Company shall during the Employment Period undertake, or actively and in good faith consider, research or commercial involvement; provided, however, that either (a) such discovery(ies), idea(s), concept(s) and/or invention(s) are made by the Executive during the Employment Period or (b) such discovery(ies), idea(s), concept(s) and/or invention(s) are made by the Executive during the period of six (6) months after his employment terminates and are in whole or in part the result of his work with the Company. Such disclosure is to be made promptly after each such discovery or conception, and each such discovery, idea, concept or invention will become and remain the property of the Company, whether or not patent applications are filed thereon. Upon the request and at the expense of the Company, the Executive shall (i) make application through the patent solicitors of the Company for letters patent of the United States and any and all other countries at the discretion of the Company on such discoveries, ideas and inventions, and (ii) assign all such applications to the Company, or at its order, without additional payment by the Company except as otherwise agreed by the Company and the Executive. The Executive shall give the Company, its attorneys and solicitors, reasonable assistance in preparing and prosecuting such applications and, on request of the Company, execute such papers and do such things as shall be reasonably necessary to protect the rights of the Company and vest in it or its assigns the discoveries, ideas or inventions, applications and letters patent herein contemplated. Said cooperation shall also include such actions as are reasonably necessary to aid the Company in the defense of its rights in the event of litigation. This Section 18 shall not apply to any invention for which no equipment, supplies, facilities, or trade secret information of the Company or its Subsidiaries was used, and which was developed entirely on the Executive’s own time, unless (i) the invention relates directly to the Business of the Company or of any of its Subsidiaries or to the actual or demonstrably anticipated research or development of the Company or of any of its Subsidiaries, or (ii) the invention results from any work performed by the Executive for the Company.

  • Intellectual Property Assignment The Assignor assigns to the Company, its successors and assigns, for good and sufficient consideration in connection with execution of the Operating Agreement dated DATE , the entire right, title and interest in Intellectual Property and the associated rights and causes of action (as defined below) relating to the Company. Assignor’s continuing membership in the Company is also conditioned on the assignment to the Company of Assignor’s rights in respect of any Intellectual Property created by Assignor during his/her term of membership in the Company.

  • Assignment of Intellectual Property The Executive hereby assigns to the Company or its designees, without further consideration and free and clear of any lien or encumbrance, the Executive’s entire right, title and interest (within the United States and all foreign jurisdictions) to any and all inventions, discoveries, improvements, developments, works of authorship, concepts, ideas, plans, specifications, software, formulas, databases, designees, processes and contributions to Confidential Information created, conceived, developed or reduced to practice by the Executive (alone or with others) during the Term which (i) are related to the Company’s current or anticipated business, activities, products, or services, (ii) result from any work performed by Executive for the Company, or (iii) are created, conceived, developed or reduced to practice with the use of Company property, including any and all Intellectual Property Rights (as defined below) therein (“Work Product”). Any Work Product which falls within the definition of “work made for hire”, as such term is defined in the U.S. Copyright Act, shall be considered a “work made for hire”, the copyright in which vests initially and exclusively in the Company. The Executive waives any rights to be attributed as the author of any Work Product and any “droit morale” (moral rights) in Work Product. The Executive agrees to immediately disclose to the Company all Work Product. For purposes of this Agreement, “Intellectual Property” shall mean any patent, copyright, trademark or service ▇▇▇▇, trade secret, or any other proprietary rights protection legally available.

  • Assignment of Work Product (i) If at any time during the Term or thereafter, Employee has made or shall make (either alone or with others, and whether before or after the date of this Agreement), conceive, create, discover, invent or reduce to practice any invention, design, development, improvement, process, software program, work of authorship, or technique, in whole or in part, or which results from any work which Employee may do for or at the request of the Company, whether or not conceived by Employee while on holiday, on vacation, or off the premises of the Company, whether or not patentable or registrable under copyright or similar laws (herein called “Developments”) that (a) relate to the business of the Company or any of the products or services being developed, manufactured or sold by the Company, or (b) result directly or indirectly from tasks assigned to Employee by the Company or (c) result from the use of premises or property (whether tangible or intangible) owned, leased or contracted for by the Company, such Developments and all rights and interests therein and all records relating to such Developments shall be the sole and absolute property of the Company. Employee shall promptly disclose to the Company each such Development and Employee shall deliver to the Company all records relating to each such Development. Employee hereby assigns any rights (including, but not limited to, any rights under patent law and copyright law or other similar laws) that Employee may have or acquire in the Developments to the Company, without further compensation. Where applicable, all Developments which are copyrightable works shall be works made for hire. To the extent any such work of authorship may not be deemed to be a work made for hire, Employee agrees to, and does hereby, irrevocably, perpetually and unconditionally transfer and assign to the Company all right, title, and interest including copyright in and to such work without further compensation. (ii) Employee will, during the Term and at all times thereafter, at the request and cost of the Company, promptly sign all such assignments, applications and other documents, and take such other actions, as the Company and its duly authorized agents may reasonably require: (A) to evidence the Company’s ownership of any Development and to apply for, obtain, register and vest in the name of the Company, or renew, patents, copyrights, trademarks or other similar rights for any Development in any country throughout the world and (B) to initiate or defend any judicial, administrative or other proceedings in respect of such patents, copyrights, trademarks or other similar rights. (iii) In the event the Company is unable, after reasonable effort, to secure Employee’s signature for such purposes for any reason whatsoever, Employee hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Employee’s agents and attorneys-in-fact, to act for and in Employee’s name, behalf and stead, to execute and file any such assignments, applications or other documents and to do all other lawfully permitted acts to further the obtaining and protection of such patents, copyright or trademark registrations or other rights with the same legal force and effect as if executed by Employee. (iv) Employee represents and warrants that (A) Employee does not have any pre-existing inventions that relate to the business of the Company and all inventions that Employee has made and owns the intellectual property rights to as of the Effective Date that relate to the business of the Company shall be considered Developments and are subject to the terms of Section 8(b) and (B) all Developments that Employee has developed or with respect to which Employee has been associated while employed by the Company are the sole property of the Company and that there are no other claims or ownership rights in such property with respect to any other party.