Joint Development. Buyer and Seller agree that during the term of this Agreement they may exchange technical information pertaining to the Product(s) and technical information pertaining to Buyer's products and processes in an effort to produce a higher quality of Product(s) or process. To the extent Buyer and Seller engage in the joint development of a Product(s) or process utilizing each other's technology, the parties will enter into a separate joint development agreement before commencing any such joint development activities that establishes the relative rights and obligations of the parties, including the ownership of proprietary rights of jointly developed property.
Appears in 2 contracts
Sources: General Commercial Terms and Conditions, Sales Contract
Joint Development. Buyer and Seller agree that during the term of this Agreement Term they may exchange technical information pertaining to the Product(s) and technical information pertaining to Products, Services and/or Buyer's ’s products and processes in an effort to produce a higher quality of Product(s) product or process. To the extent Buyer and Seller engage in the joint development of a Product(s) product or process utilizing each other's ’s technology, the parties Parties will enter into a separate joint development agreement before commencing any such joint development activities that establishes the relative rights and obligations of the partiesParties, including the ownership of proprietary rights of jointly developed property.
Appears in 1 contract
Sources: Sales Contracts
Joint Development. Buyer and Seller agree that during the term of this Agreement they may exchange technical information pertaining to the Product(s) and technical information pertaining to Buyer's products and processes in an effort to produce a higher quality of Product(s) or process. To the extent Buyer and Seller engage in the joint development of a Product(s) or process utilizing each other's technology, the parties will enter into a separate joint development agreement before commencing any such joint development activities that establishes the relative rights and obligations of the parties, including the ownership of proprietary rights of jointly developed property.that
Appears in 1 contract