Intellectual Property Developed Under This Agreement Sample Clauses

The "Intellectual Property Developed Under This Agreement" clause defines the ownership and rights to any intellectual property (IP) created as a result of work performed under the contract. Typically, this clause specifies whether the IP will belong to the client, the contractor, or be jointly owned, and may outline procedures for disclosing, protecting, and transferring such rights. By clearly allocating ownership and usage rights for newly developed IP, this clause prevents future disputes and ensures both parties understand their entitlements and obligations regarding the results of their collaboration.
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Intellectual Property Developed Under This Agreement. In the event in the course of performing this Agreement the Parties mutually develop any new Intellectual Property that is reduced to writing, the Parties shall negotiate in good faith concerning the ownership and licensing thereof. 18.3 Indemnity. 18.3.1 Indemnity of MIDWEST ISO. PJM will defend, indemnify and hold the MIDWEST ISO harmless from all actual losses, damages, liabilities, claims, expenses, causes of action, and judgments (collectively “Losses”), brought or obtained by third parties against the MIDWEST ISO, only to the extent such Losses arise directly from: (a) Gross negligence, recklessness, or willful misconduct of PJM or any of PJM’s agents or employees, in the performance of this Agreement, except to the extent the Losses arise (i) from gross negligence, recklessness, willful misconduct or breach of contract or law by the MIDWEST ISO or any of the MIDWEST ISO’s agents or employees, or (ii) as a consequence of strict liability imposed as a matter of law upon the MIDWEST ISO or the MIDWEST ISO’s agents or employees; (b) Any claim that PJM violated any copyright, patent, trademark, license, or other intellectual property right of a third party in the performance of this Agreement; (c) Any claim arising from the transfer of Intellectual Property in violation of Section 18.2.1; or (d) Any claim that PJM caused bodily injury to an employee of the MIDWEST ISO due to negligence, recklessness, or willful conduct of PJM.
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Intellectual Property Developed Under This Agreement. If during the term of this Agreement, the Parties mutually develop any new Intellectual Property that is reduced to writing or any tangible form, the Parties shall negotiate in good faith concerning the ownership and licensing of such Intellectual Property.
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Intellectual Property Developed Under This Agreement. Rights to intellectual property developed under this Agreement shall be allocated and owned in accordance with the following:
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Intellectual Property Developed Under This Agreement. A. All patentable and unpatentable inventions and other intellectual property conceived or reduced to practice solely by employees or consultants of Angeion as a result of the development work conducted under this Agreement in the Field of Use ("Angeion Inventions") shall be the property of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇. B. All patentable and unpatentable inventions and other intellectual property conceived or reduced to practice jointly by employees or consultants of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and Angeion as a result of the development work conducted under this Agreement in the Field of Use ("Joint Inventions") shall be the property of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇. C. Angeion agrees to assign to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ all rights in any such Angeion Inventions or Joint Inventions. Upon the request of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and at ▇▇▇▇▇▇ ▇▇▇▇▇▇▇'▇ expense, Angeion will assist ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, or its designee, in making application for Letters Patent in any country in the world. Angeion further agrees to have executed all papers and do all things which may be necessary or advisable to prosecute such applications and to transfer to and vest in ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ all the right, title and interest in and to such invention, discoveries or ideas and all applications for patents and Letters Patent issued hereon. D. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ shall be responsible for [THE COST OF FILING AND MAINTAINING ALL OF THE SPOT CATHETER PATENTS AND LINEAR CATHETER PATENTS DURING THE TERM, PROVIDED ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ SHALL NOT BE OBLIGATED TO SPEND MORE THAN A MAXIMUM COST OF [***CONFIDENTIAL TREATMENT REQUESTED; PORTION OMITTED FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION***] FOR A SINGLE U.S. PATENT APPLICATION AND A TOTAL OF [***CONFIDENTIAL TREATMENT REQUESTED; PORTION OMITTED FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION***] FOR FILING CORRESPONDING FOREIGN PATENT APPLICATIONS CORRESPONDING TO A SINGLE U.S. PATENT APPLICATION.] E. In the event ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ elects not to file or maintain a patent application in a given country, Angeion shall be free to file or maintain such patent applications in that country.
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Related to Intellectual Property Developed Under This Agreement

  • Intellectual Property Agreements Borrower shall not permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts.

  • Intellectual Property, etc Each of Holdings and each of its Subsidiaries owns or has the right to use all domestic and foreign patents, trademarks, permits, domain names, service marks, trade names, copyrights, licenses, franchises, inventions, trade secrets, proprietary information and know-how of any type, whether or not written (including, but not limited to, rights in computer programs and databases) and formulas, or other rights with respect to the foregoing, and has obtained assignments of all leases, licenses and other rights of whatever nature, in each case necessary for the conduct of its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, individually or in the aggregate, has had, or could reasonably be expected to have, a Material Adverse Effect.

  • Assignment of Intellectual Property The Executive hereby assigns to the Company or its designees, without further consideration and free and clear of any lien or encumbrance, the Executive’s entire right, title and interest (within the United States and all foreign jurisdictions) to any and all inventions, discoveries, improvements, developments, works of authorship, concepts, ideas, plans, specifications, software, formulas, databases, designees, processes and contributions to Confidential Information created, conceived, developed or reduced to practice by the Executive (alone or with others) during the Term which (i) are related to the Company’s current or anticipated business, activities, products, or services, (ii) result from any work performed by Executive for the Company, or (iii) are created, conceived, developed or reduced to practice with the use of Company property, including any and all Intellectual Property Rights (as defined below) therein (“Work Product”). Any Work Product which falls within the definition of “work made for hire”, as such term is defined in the U.S. Copyright Act, shall be considered a “work made for hire”, the copyright in which vests initially and exclusively in the Company. The Executive waives any rights to be attributed as the author of any Work Product and any “droit morale” (moral rights) in Work Product. The Executive agrees to immediately disclose to the Company all Work Product. For purposes of this Agreement, “Intellectual Property” shall mean any patent, copyright, trademark or service ▇▇▇▇, trade secret, or any other proprietary rights protection legally available.

  • INTELLECTUAL PROPERTY RIGHTS - INVENTION AND PATENT RIGHTS A. General 1. NASA has determined that 51 U.S.C. § 20135(b) does not apply to this Agreement. Therefore, title to inventions made (conceived or first actually reduced to practice) under this Agreement remain with the respective inventing party(ies). No invention or patent rights are exchanged or granted under this Agreement, except as provided herein.

  • Intellectual Property/Work Product Ownership All data, technical information, materials first gathered, originated, developed, prepared, or obtained as a condition of this agreement and used in the performance of this agreement -- including, but not limited to all reports, surveys, plans, charts, literature, brochures, mailings, recordings (video or audio), pictures, drawings, analyses, graphic representations, software computer programs and accompanying documentation and printouts, notes and memoranda, written procedures and documents, which are prepared for or obtained specifically for this agreement, or are a result of the services required under this grant -- shall be considered "work for hire" and remain the property of the State of Vermont, regardless of the state of completion unless otherwise specified in this agreement. Such items shall be delivered to the State of Vermont upon 30- days notice by the State. With respect to software computer programs and / or source codes first developed for the State, all the work shall be considered "work for hire,” i.e., the State, not the Party (or subcontractor or sub-grantee), shall have full and complete ownership of all software computer programs, documentation and/or source codes developed. Party shall not sell or copyright a work product or item produced under this agreement without explicit permission from the State of Vermont. If Party is operating a system or application on behalf of the State of Vermont, Party shall not make information entered into the system or application available for uses by any other party than the State of Vermont, without prior authorization by the State. Nothing herein shall entitle the State to pre-existing Party’s materials. Party acknowledges and agrees that should this agreement be in support of the State's implementation of the Patient Protection and Affordable Care Act of 2010, Party is subject to the certain property rights provisions of the Code of Federal Regulations and a Grant from the Department of Health and Human Services, Centers for Medicare & Medicaid Services. Such agreement will be subject to, and incorporates here by reference, 45 CFR 74.36, 45 CFR 92.34 and 45 CFR 95.617 governing rights to intangible property.