Common use of Client Property Clause in Contracts

Client Property. Hollister-Stier acknowledges that Client possesses ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ions, processes, know-how, trade secrets, improvements, other intellectual properties and other assets, including but not limited to procedures and techniques, computer technical expertise, software, and certain technical expertise and conceptual expertise relating to the Intermediate(s) and Product(s), which have been independently developed by Client or its Affiliates without the benefit of any information provided by Hollister-Stier (collectively "Client Property"). ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ister-Stier agree that any Client Property or ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇ereto which are used, improved, modified or developed by Client under or during the term of this Agreement are the product of Client's technical expertise possessed and developed by Client or its Affiliates prior to or during the performance of this Agreement and are the sole and exclusive property of Client or its Affiliates, as the case may be.

Appears in 2 contracts

Sources: Development and Supply Agreement (Acusphere Inc), Development and Supply Agreement (Acusphere Inc)