Future Improvements Clause Samples
The Future Improvements clause outlines how enhancements, upgrades, or modifications made to a product, service, or intellectual property after the agreement's execution will be handled between the parties. Typically, this clause specifies whether such improvements are included under the original agreement, who owns the rights to these improvements, and if additional compensation or licensing is required. Its core practical function is to prevent disputes by clearly allocating rights and obligations regarding any future developments, ensuring both parties understand their entitlements and responsibilities as the subject matter evolves.
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Future Improvements. Tenant shall have the right to build on the Premises, at its cost, a dry storage building, a boat repair area, a staging area for boats on both land and water, and a delivery system to move the boats from land to water.
Future Improvements. Services relative to future systems, facilities or equipment not included within the scope of an Assigned Project.
Future Improvements. Second Party acknowledges and agrees that the provisions of Paragraph 2 above shall govern and apply to any new Products or later developed Products and to all Rights and Information related thereto, and to any improvements, modifications or alterations to the Products and to all Rights and Information related thereto as fully and completely it as applies to the Products and to all Rights and Information related thereto in existence on the date hereof.
Future Improvements. The scope of this Agreement is limited to the performance of the Work set out in the Contract Documents and does not pertain to the development, design, construction, financing, operation or maintenance of any Future Improvement. Developer acknowledges that any Future Improvement shall be undertaken by TxDOT in its discretion and that contracts for the design, construction, financing, operation, maintenance or rehabilitation of any such Future Improvement may be awarded to Persons other than Developer pursuant to such process as TxDOT may determine. Notwithstanding the foregoing, Developer shall perform its obligations under this Agreement and work cooperatively with TxDOT with a view to minimizing the cost to TxDOT of integrating and coordinating such work with the Work.
Future Improvements. If the County improves Vacation Leave accruals, and/or increases the cap on Vacation accruals, for non-represented hourly employees, bargaining unit employees will receive the same improvements.
Future Improvements. (a) The Parties agree that, as between the Parties, any Invention conceived or developed during the term of this Agreement and related specifically to processes for coating Stents with Occam's Drug/Polymer Composite Formulation, Occam's Polymer Coating or Biolimus A9, whether conceived or developed jointly by the Parties or solely by either Party ("Process Improvements"), and the intellectual property rights therein and thereto, shall be the sole property of Occam. To the extent Xtent becomes the owner of such Process Improvements, Xtent agrees to.assign and hereby assigns to Occam all of its right, title and interest in and to such Process Improvements and the intellectual property rights therein and thereto. As to Process Improvements invented solely or jointly by Xtent, Occam agrees to grant Xtent, and hereby grants Xtent, for consideration herein acknowledged, a non-exclusive, paid up, perpetual and irrevocable right and license, under all of the intellectual property rights in such Process Improvements, to make, use, sell and offer to sell any product, other than the Occam Items, and to practice any method or process. The foregoing license shall survive the expiration or termination of this Agreement. It is understood that nothing in this Section creates any additional license or right with respect to Occam Items beyond that set forth in Article II hereof.
(b) The Parties agree that except as otherwise set forth in subsection (c) below, all Inventions that are improvements of the Occam Items (including Biolimus A9, Occam's Drug/Polymer Composite Formulation, Occam's Lubricious Coating or the processes used in performing the Coating Services), which Inventions are determined to be such because they are derived from the Confidential Information of Occam ("Occam-Related Improvements"), and the intellectual property rights therein and thereto, shall be the sole property of Occam (or such Affiliate of Occam, as applicable). To the extent Xtent becomes the owner of any Occam-Related Improvements, Xtent agrees to assign and hereby assigns to Occam all of its right, title and, interest in and to such Occam-Related Improvements and the intellectual property rights therein and thereto.
(c) The Parties agree that, all Inventions that are improvements of the Xtent Stent or Xtent Stent System, which Inventions are determined to be such because they are derived from the Confidential Information of Xtent ("Xtent-Related Improvements") and the intellectual property r...
Future Improvements. The Lessee shall have the right at any time and from time to time during the lease term and any extension thereof to make such alterations, changes and improvements to the Modular or grounds located on the Leased Premises as the Lessee shall deem desirable for the operation of a childcare facility. Such non-structural alterations, changes and improvements to the Modular or grounds shall not require the prior written approval of the Lessor. Any structural alteration, change and/or construction to the Modular or grounds located on the Leased Premises shall require the prior written approval of the Lessor, which approval shall not be unreasonably withheld.
Future Improvements. The City will plan and develop water supply facilities that may become necessary in the future to replace existing facilities or to expand the capacity of its Water Supply System to meet growing demands. The City may require appropriate commitments from its customers prior to proceeding with system improvements.
Future Improvements. The parties anticipate using the process contained in this Section 10 for future work required for Tenant to occupy the balance of the Premises as provided on the Take-Down Schedule. The parties agree to cooperate in this regard including developing a schedule for the completion of the applicable build-out by the date Rent commences for such space and Tenant shall have the right to access portions of the Building it is not then occupying in connection with each such build-out. Notwithstanding the foregoing, in the event that Tenant is not reasonably satisfied with the process contained in Section 10 for the initial improvements to the Premises, Tenant is not bound to use the process contained in Section 10(A) for the future work required for Tenant to occupy the balance of the Premises.
Future Improvements. LCZ shall have the right to construct additional improvements to the Premises (all of which shall be considered to be the property of LCZ during the term of this Lease Agreement and shall be property of CITY as of the date of termination of this Lease Agreement, unless the Lease Agreement is renewed, without any requirement of compensation to LCZ) and to make all alterations or additions thereto and to remove, remodel, demolish, and rebuild the same provided CITY approves the same in writing. The cost of all alterations or additions shall be paid by LCZ.