Common use of Idea Submission Clause in Contracts

Idea Submission. If Customer chooses to submit to NIKE or share with NIKE any business plans, product or marketing ideas, copyrightable works, or other materials, Customer agrees that (i) NIKE is not subject to any restrictions in using such materials; Customer hereby grants to NIKE an irrevocable license to use such materials, without compensation to Customer; and (ii) NIKE is under no obligation to use such plans, ideas, or other materials, or to commercially exploit them in any territory.

Appears in 2 contracts

Sources: Account Agreement, Account Agreement

Idea Submission. If Customer chooses to submit to NIKE the Company or share with NIKE COMPANY any business plans, product or marketing ideas, copyrightable works, or other materials, Customer agrees that (i) NIKE Company is not subject to any restrictions in using such materials; Customer hereby grants to NIKE Ccompany an irrevocable license to use such materials, without compensation to Customer; and (ii) NIKE Company is under no obligation to use such plans, ideas, or other materials, or to commercially exploit them in any territory.

Appears in 1 contract

Sources: Account Agreement

Idea Submission. If Customer chooses to submit to NIKE the Company or share with NIKE COMPANY any business plans, product or marketing ideas, copyrightable works, or other materials, Customer agrees that (i) NIKE Company is not subject to any restrictions in using such materials; Customer hereby grants to NIKE Company an irrevocable license to use such materials, without compensation to Customer; and (ii) NIKE Company is under no obligation to use such plans, ideas, or other materials, or to commercially exploit them in any territory.

Appears in 1 contract

Sources: Account Agreement