Common use of Joint Invention Clause in Contracts

Joint Invention. If, in the course of carrying out work on the Project, a joint invention, design or work is made - and more than one Party is contributor to it - and if the features of such joint invention design or work are such that it is not possible to separate them for the purpose of applying for, obtaining and/or maintaining the relevant patent protection or any other Intellectual Property Right, the Parties concerned agree that they may jointly apply to obtain and/or maintain the relevant right together with any other parties. The Parties concerned shall seek to agree amongst themselves arrangements for applying for, obtaining and/or maintaining such right on a case-by-case basis. So long as any such right is in force, each Party concerned shall be entitled to use and to license such right without the, consent of the other Parties. In case of licensing to third parties, appropriate financial compensation shall be given to the other Party/Parties concerned.

Joint Invention. If, in the course of carrying out work on the Project, a joint invention, design or work is made - and more than one Party is contributor to it - and if the features of such joint invention design or work are such that it is not possible to separate them for the purpose of applying for, obtaining and/or maintaining the relevant patent protection or any other Intellectual Property RightRigh t, the Parties concerned agree that they may jointly apply to obtain and/or maintain the relevant right together with any other parties. The Parties concerned shall seek to agree amongst themselves arrangements for applying for, obtaining and/or maintaining such right on a case-by-case basis. So long as any such right is in force, each Party concerned shall be entitled to use and to license such right without the, consent of the other Parties. In case of licensing to third parties, appropriate financial compensation shall be given to the other Party/Parties concerned.