Common use of INTELLECTUAL PROPERTY RIGHTS POLICY Clause in Contracts

INTELLECTUAL PROPERTY RIGHTS POLICY. The undersigned acknowledges and confirms that it has reviewed Appendix I of the Company Agreement setting forth the Intellectual Property Rights Policy of the Company and that it will comply, and cause its Affiliates to comply, with all of the standards, procedures, guidelines and terms set forth therein. In connection with joining the Company, the undersigned acknowledges that all Members and their Affiliates will be required to grant Copyright licenses to their respective Contribution to Draft Specifications and assign Copyrights to their respective Contribution in Final Specification to the Company and that all Members and their Affiliates will be granted licenses in certain Copyrights to Final Specification owned by the Company, in accordance with Intellectual Property Rights Policy.

INTELLECTUAL PROPERTY RIGHTS POLICY. The undersigned acknowledges and confirms that it has reviewed Appendix I of the Company Agreement setting forth the Intellectual Property Rights Policy of the Company and that it will comply, and cause its Affiliates to comply, with all of the standards, procedures, guidelines and terms set forth therein. In connection with joining the Company, the undersigned acknowledges that all Members and their Affiliates will be required to grant Copyright licenses to their respective Contribution to Draft Specifications and assign Copyrights to their respective Contribution in Final Specification to the Company and that all Members and their Affiliates will be granted licenses in certain Copyrights to Final Specification owned by the Company, in accordance with Intellectual Property Rights Policy.