Common use of Collaboration Joint Intellectual Property Clause in Contracts

Collaboration Joint Intellectual Property. All rights and ----------------------------------------- title to Collaboration Joint Intellectual Property, whether patentable or copyrightable or not, will belong jointly to PEB and Illumina and will be subject to the terms and conditions of this Agreement. Each Party will have the right to independently practice the Collaboration Joint Intellectual Property, without accounting to the other Party, only to the extent that the practice of the Collaboration Joint Intellectual Property by PEB does not require rights under Pre-Collaboration Illumina Intellectual Property, Collaboration Illumina Intellectual Property, or any other Intellectual Property Rights owned by, either partially or wholly, or licensed to Illumina