Common use of Custom Development Clause in Contracts

Custom Development. All right, title and interest in software developed by MMMC exclusively for BPL under this Agreement or related applicable SOW (the “Custom Software Code”) shall be deemed to be a “work made for hire” and shall be the sole and exclusive property of BPL, including without limitation, all applicable Intellectual Property Rights thereto and therein. MMMC hereby irrevocably assigns to all right, title and interest in and to the clearly identified Custom Software Code and related documentation produced pursuant to this Agreement or any applicable SOW under this Agreement, including without limitation, all Intellectual Property Rights thereto and therein. MMMC specifically intends the foregoing assignment of rights to BPL to include all such now known or unknown uses, media and forms of exploitation.