Common use of Foreground Technology Clause in Contracts

Foreground Technology. All Foreground Technology will be the sole and exclusive property of Honeywell and Honeywell will retain any and all rights to file any patent applications or other registrations thereon. To the extent required, Subcontractor hereby agrees to grant and grants to Honeywell any and all license rights in Subcontractor’s Background Technology required for Honeywell to use the assigned Foreground Technology in the normal course of Honeywell’s business operations.

Appears in 2 contracts

Sources: Subcontracting Agreement, Subcontract Agreement

Foreground Technology. All Foreground Technology will be the sole and exclusive property of Honeywell and Honeywell will retain any and all rights to file any patent applications or other registrations thereon. To the extent required, Subcontractor Supplier hereby agrees to grant and grants to Honeywell any and all license rights in SubcontractorSupplier’s Background Technology required for Honeywell to use the assigned Foreground Technology in the normal course of Honeywell’s business operations.

Appears in 1 contract

Sources: Master Supply Agreement