Collaboration Inventions. All Know-how and Collaboration Inventions arising hereunder which constitute joint inventions by employees of Elan and Biogen will be owned jointly by Elan and Biogen, and each Party shall retain an undivided one-half interest in and to such Know-how and Collaboration Inventions, including, without limitation, any patents resulting therefrom, with full ownership rights in and to any field and including the right to license and sublicense, subject to the provisions of Sections 8.1 and 8.2 above. The laws of the U.S. with respect to joint ownership of inventions shall apply in all jurisdictions giving force and effect to this Agreement. Each Party shall solely own all Collaboration Inventions arising under, in furtherance of, and as a direct result of, that Party's activities under this Agreement which are made (meaning that they are conceived prior to or during the Term and experimentation has been initiated in the course of the activities contemplated hereunder) solely by its employees or jointly with a Third Party, subject to Sections 8.1, 8.2 and 8.3 above and, with respect to inventions for which patent applications are filed, subject to the provisions of Section 11.4(c) below.
Appears in 2 contracts
Sources: Development and Marketing Collaboration Agreement (Elan Corp PLC), Development and Marketing Collaboration Agreement (Biogen Inc)