Common use of Identification Requirements Clause in Contracts

Identification Requirements. The parties shall identify Custom Software and Paid Work Product in each applicable Authorization Letter, which shall contain the following provisions to state the Parties’ intent as to the use of such Work Product: “OWNERSHIP OF WORK PRODUCT: For Custom Software, Paid Work Product or Verizon-Owned Improvements to Background Materials of Supplier: [LIST/DESCRIBE, IF ANY] CHOOSE 1: (a) Exclusive to Verizon.

Appears in 3 contracts

Sources: Application Service Provider Agreement (Synchronoss Technologies Inc), Application Service Provider Agreement (Synchronoss Technologies Inc), Application Service Provider Agreement (Synchronoss Technologies Inc)