Common use of Idea Submission Clause in Contracts

Idea Submission. If Customer chooses to submit to FLIPBELT or share with FLIPBELT any business plans, product or marketing ideas, or other materials, Customer agrees that (i) FLIPBELT is not subject to any restrictions in using such materials; Customer hereby grants to FLIPBELT an irrevocable license to use such materials, without compensation to Customer; and

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