Common use of Foreground Clause in Contracts

Foreground. Regarding Foreground, EC-GA Article II.26. - Article II.29. shall apply with the following additions: 8.1 Joint ownership Where no joint ownership agreement has yet been concluded: - each of the joint owners shall be entitled to Use their jointly owned Foreground on a royalty-free basis, and without requiring the prior consent of the other joint owner(s), and - each of the joint owners shall be entitled to grant non-exclusive licenses to third parties, without any right to sub-license, subject to the following conditions: 1. at least 45 days prior notice must be given to the other joint owner(s); and 2. fair and reasonable compensation must be provided to the other joint owner(s).

Appears in 1 contract

Sources: Consortium Agreement

Foreground. Regarding Foreground, EC-GA Article II.26. - Article II.29. shall apply with the following additions: 8.1 Joint ownership : Where no joint ownership agreement has yet been concluded: - each of the joint owners shall be entitled to Use their jointly owned Foreground on a royalty-free basis, and without requiring the prior consent of the other joint owner(s), and - each of the joint owners shall be entitled to grant non-exclusive licenses to third parties, without any right to sub-license, subject to the following conditions: 1. i) at least 45 days prior notice must be given to the other joint owner(s); and 2. ii) fair and reasonable compensation must be provided to the other joint owner(s).

Appears in 1 contract

Sources: Consortium Agreement

Foreground. Regarding Foreground, EC-GA Article II.26II.25. - Article II.29. shall apply with the following additions: 8.1 Joint ownership Where no joint ownership agreement has yet been concluded: - each of the joint owners shall be entitled to Use their jointly owned Foreground on a royalty-free basis, and without requiring the prior consent of the other joint owner(s), and - each of the joint owners shall be entitled to grant non-exclusive licenses to third parties, without any right to sub-license, subject to the following conditions: 1. a) at least 45 days prior notice must be given to the other joint owner(s); and 2. fair b) Fair and reasonable Reasonable compensation must be provided to the other joint owner(s).

Appears in 1 contract

Sources: Consortium Agreement

Foreground. Regarding Foreground, EC-GA Article II.26. - Article II.29. shall apply with the following additions: 8.1 Joint ownership Where no joint ownership agreement has yet been concluded: - each of the joint owners shall be entitled to Use their jointly owned Foreground on a royalty-free basis, and without requiring the prior consent of the other joint owner(s), and - each of the joint owners shall be entitled to grant non-exclusive licenses to third parties, without any right to sub-license, subject to the following conditions: 1. : - at least 45 days prior notice must be given to the other joint owner(s); and 2. and - fair and reasonable compensation must be provided to the other joint owner(s). - The joint owners shall agree on all protection measures and the division of related cost in advance.

Appears in 1 contract

Sources: Consortium Agreement