DEVELOPMENT AND EMBEDDED BACKGROUND TECHNOLOGY LICENSES Clause Samples

The 'Development and Embedded Background Technology Licenses' clause defines the permissions granted for using pre-existing technologies or intellectual property that are incorporated into new developments under the agreement. This clause typically specifies the scope of the license, such as whether it is limited to certain fields, products, or timeframes, and may clarify whether sublicensing or modification is permitted. Its core function is to ensure that both parties have clear rights to use necessary background technology, thereby preventing future disputes over intellectual property ownership and usage during and after the development process.
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DEVELOPMENT AND EMBEDDED BACKGROUND TECHNOLOGY LICENSES. SGI hereby grants to Company, and Company hereby accepts, (i) a nontransferable, royalty- free temporary license to use the Licensed Background Technology only to the extent necessary to permit Company to participate in the Development Plan and only for so long as the parties are developing the Developed Technology pursuant to the Development Plan, and (ii) a worldwide, royalty-bearing license to use the Licensed Background Technology only to the extent specifically implemented in the Developed Technology for purposes of the design, manufacture, use, sale and distribution of Company Products. Except as specifically provided in this Agreement, nothing in this Agreement shall authorize or entitle Company to manufacture any products using the Background Technology, and no implied licenses to use or to sublicense the Background Technology are granted under this Agreement by implication, estoppel or otherwise. Subject to the written agreement of Company and SGI on the compensation payable by Company to SGI, Company shall also have the right to acquire from SGI a nonexclusive license to use the Licensed Background Technology in connection with the design, manufacture, use and sale of Theme Park Application Systems.
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Related to DEVELOPMENT AND EMBEDDED BACKGROUND TECHNOLOGY LICENSES

  • Background Technology List here prior contracts to assign Inventions that are now in existence between any other person or entity and you.

  • Background IP As between the Parties, each Party will retain all right, title and interest in and to all of its Background IP.

  • Background Intellectual Property “Background Intellectual Property” means property and the legal right therein of either or both parties developed before or independent of this Agreement including inventions, patent applications, patents, copyrights, trademarks, mask works, trade secrets and any information embodying proprietary data such as technical data and computer software. Both parties agree to provide the Background Intellectual Property necessary to complete the objectives of the project. Both parties shall retain all rights to their respective Background Intellectual Property provided for this purpose. Neither party shall assume any rights in the other party’s Background Intellectual Property provided for this project other than the right to use said Background Intellectual Property to achieve the objectives of this project.

  • INTELLECTUAL PROPERTY RIGHTS - INVENTION AND PATENT RIGHTS A. General 1. NASA has determined that 51 U.S.C. § 20135(b) does not apply to this Agreement. Therefore, title to inventions made (conceived or first actually reduced to practice) under this Agreement remain with the respective inventing party(ies). No invention or patent rights are exchanged or granted under this Agreement, except as provided herein.

  • Technology Discoveries, innovations, Know-How and inventions, whether patentable or not, including computer software, recognized under U.S. law as intellectual creations to which rights of ownership accrue, including, but not limited to, patents, trade secrets, maskworks and copyrights developed under this Agreement.