Common use of IMPROVEMENT INVENTIONS Clause in Contracts

IMPROVEMENT INVENTIONS. LICENSOR's inventions in the field of oral care which may be invented by LICENSOR during the term of this Agreement and which infringe or would have infringed (if the applicable Patent was valid, enforceable, and unexpired) one or more claims of the Patents ("Improvement Inventions") shall be incorporated into this Agreement and the right and license granted by LICENSOR to LICENSEE with respect to such Improvement Inventions shall automatically be valid, effective and binding upon LICENSEE and LICENSOR, without the necessity for any signatures or further action on the part of either of the parties hereto. LICENSOR shall promptly disclose to LICENSEE any Improvement Inventions in the field of oral care during the term of this Agreement either before or after filing a patent application on the invention. If LICENSOR discloses such Improvement Inventions to LICENSEE and LICENSEE fails to file a patent application within sixty (60) days of such disclosure, LICENSOR has the right, at LICENSOR's expense, to file such application in such Improvement Invention and LICENSOR will be the owner of such patent rights, subject to LICENSEE's right and license thereunder and the other terms of this Agreement.