Exclusive Property of Contractor Clause Samples
The 'Exclusive Property of Contractor' clause establishes that any materials, inventions, or intellectual property created by the contractor during the course of the project remain solely owned by the contractor. This means that reports, designs, software, or other deliverables produced are not transferred to the client unless otherwise specified in the agreement. The clause serves to protect the contractor's proprietary rights, ensuring they retain control over their work product and can use or license it in the future, thereby preventing unintended transfer of ownership to the client.
Exclusive Property of Contractor. Contractor retains the exclusive rights, title, and ownership to any and all pre-existing materials owned or licensed to Contractor including, but not limited to, all pre-existing software, licensed products, associated source code, machine code, text images, audio and/or video, and third-party materials, delivered by Contractor under the Contract, whether incorporated in a Deliverable or necessary to use a Deliverable (collectively, “Contractor Property”). Contractor Property shall be licensed to the State as set forth in this Contract or a State approved license agreement: (i) entered into as exhibits to this Contract; (ii) obtained by the State from the applicable third-party vendor; or (iii) in the case of open source software, the license terms set forth in the applicable open source license agreement.
Exclusive Property of Contractor. Contractor retains the exclusive rights, title, and ownership to any and all pre-existing materials owned or licensed to Contractor including, but not limited to, all pre-existing software, licensed products, associated source code, machine code, text images, audio and/or video, and third-party materials, delivered by Contractor under the Contract, whether incorporated in a Deliverable or Work or Work Product or necessary to use a Deliverable or Work or Work Product (collectively, “Contractor Property”). Contractor Property shall be licensed to the State to the extent necessary to effectuate the purposes of this Participating Addendum. Contractor Property shall be licensed to Purchasing Entity according to the terms of each respective Order.