Common use of Joint Enforcement Clause in Contracts

Joint Enforcement. The Parties may mutually agree in writing to jointly take action to control enforcement of or defend against any Third-Party Infringement of the Licensed IP. If the Parties agree to take such action jointly, the Parties shall equally share the costs and expenses associated with such action and any and all amounts recovered in connection with such action, except to the extent otherwise agreed upon in writing by the Parties.

Appears in 3 contracts

Sources: Intellectual Property Matters Agreement (ChampionX Corp), Intellectual Property Matters Agreement (ChampionX Holding Inc.), Intellectual Property Matters Agreement (Apergy Corp)