Common use of Compensation to Inventors Clause in Contracts

Compensation to Inventors. As between the Parties, only MorphoSys shall be responsible for any compensation and any other payments due to the inventors of any Patents owned or co-owned by MorphoSys and only COMPANY shall be responsible for any compensation and any other payments due to the inventors of any Patents owned or co-owned by COMPANY. With respect to Joint Patents, each Party shall be responsible for compensating its own inventors.

Appears in 2 contracts

Sources: Collaboration and License Agreement (Incyte Corp), Collaboration and License Agreement (MorphoSys AG)