Common use of Intellectual Property Definitions Clause in Contracts

Intellectual Property Definitions. As used in this PO, “Intellectual Property” means any and all inventions, designs, original works of authorship, formulas, processes, compositions, programs, databases, data, technologies, discoveries, ideas, writings, improvements, procedures, techniques, know-how, and all patent, trademark, service mark, trade secret, copyright and other intellectual property rights (and goodwill) relating to the foregoing. As used in this Section 18, “Deliverables” means all products, prototypes, samples, hardware, equipment, or other tangible materials required to be delivered or actually delivered to The University under the PO. Intellectual Property Ownership. The University will own all Deliverables and all Intellectual Property that Supplier and Supplier Parties make, conceive, discover, develop or create, either solely or jointly with the University or any other person(s) under this PO (Foreground IP). To the extent any Foreground IP is not considered a work made for hire for University, Supplier and Supplier Parties hereby irrevocably assign to the University all right, title and interest in and to all Foreground IP. Supplier and Supplier Parties will make full and prompt disclosure of Foreground IP to University. Supplier and Supplier Parties agree to promptly execute any additional documents or forms that the University may reasonably require in order to effectuate assignment of Foreground IP to University.