Joint IPR Clause Samples
The Joint IPR clause defines how intellectual property rights (IPR) created collaboratively by two or more parties during a project will be owned, managed, and used. Typically, this clause outlines whether the jointly developed intellectual property will be co-owned, how decisions regarding its use or licensing are made, and how costs and revenues are shared. For example, if two companies jointly develop a new technology, the clause will specify each party's rights to use, license, or commercialize the resulting patents or copyrights. The core function of this clause is to prevent disputes by clearly allocating rights and responsibilities over jointly created intellectual property, ensuring both parties understand their entitlements and obligations.
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Joint IPR. Any IPR developed jointly by the Alliance pursuant to, and within the scope of, a separate written agreement between the Alliance and either a Promoter Member and/or Participant or a contractor acting on behalf and as agent of such Promoter Member and/or Participant, which agreement defines the scope of the work to be performed by Promoter Member and/or Participant, shall be jointly owned by the Alliance and such applicable Promoter Member and/or Participant ("Joint IPR") and title to such Joint IPR shall jointly vest in the Alliance and such applicable Promoter Member and/or Participant. Each joint owner shall be entitled to exercise all rights of ownership as provided by applicable U.S. law without, however, an obligation of accounting from one to the other. Each such Promoter Member and/or Participant acknowledges and agrees that the Alliance may license the use of Joint IPR to other Promoter Members and Participants pursuant to terms and conditions determined by the Board of Directors in its reasonable discretion. For the purposes of the foregoing, the term "developed jointly" shall mean that at least one Promoter Member and/or Participant employee or contractor and one Alliance Employee or Alliance Contractor qualify as co-inventors as a matter of U.S. patent law, in the case of patentable subject matter, or qualify as co-authors as a matter of U.S. copyright law, in the case of copyrightable subject matter.
Joint IPR. IPR developed jointly by the Alliance and either: (a) a Member pursuant to a separate agreement with the Alliance defining the scope of the work to be performed by such Member; or (b) a contractor acting in their capacity as such, shall be jointly owned by the Alliance and the applicable Member (“Joint IPR”). Each joint owner shall be entitled to exercise all rights of ownership as pro- vided by law without, however, an obligation of accounting from one to the other. The Member acknowledges and agrees that the Alliance will make Joint IPR avail- able to all Members pursuant to terms and conditions determined by the Board of Directors. For the purposes of the foregoing, the term “jointly” shall mean that at least one Member employee and one Alliance employee or contractor assigned to the Alliance qualify as co-inventors as a matter of U.S. patent law, in the case of patentable subject matter, or qualify as co-authors as a matter of U.S. copyright law, in the case of copyrightable subject matter.
Joint IPR. Any IPR developed jointly by the Alliance pursuant to, and within the scope of, a separate written agreement between the Alliance and either a Promoter Member and/or Par- ticipant or a contractor acting on behalf and as agent of such Promoter Member and/or Partici- pant, which agreement defines the scope of the work to be performed by Promoter Member and/or Participant, shall be jointly owned by the Alliance and such applicable Promoter Member and/or Participant ("Joint IPR") and title to such Joint IPR shall jointly vest in the Alliance and such applicable Promoter Member and/or Participant. Each joint owner shall be entitled to exer- cise all rights of ownership as provided by applicable U.S. law without, however, an obligation of accounting from one to the other. Each such Promoter Member and/or Participant acknowl- edges and agrees that the Alliance may license the use of Joint IPR to other Promoter Members and Participants pursuant to terms and conditions determined by the Board of Directors in its reasonable discretion. For the purposes of the foregoing, the term "developed jointly" shall mean that at least one Promoter Member and/or Participant employee or contractor and one Alliance Employee or Alliance Contractor qualify as co-inventors as a matter of U.S. patent law, in the case of patentable subject matter, or qualify as co-authors as a matter of U.S. copyright law, in the case of copyrightable subject matter.
Joint IPR. In the event a Party hereto considers that a certain Intellectual Property Right other than Patent was conceived under a Project, by the joint effort and undivided material contribution of the personnel of both Parties, such Party shall so notify the other Party in writing, promptly and no later than sixty (60) days following the applicable milestone of the Project, in which such Intellectual Property Right was conceived. Such notice shall include a summary of the nature, scope and specifications of said Intellectual Property Right and the circumstances of its conception. In the event the Parties mutually agree that such Intellectual Property Right has been jointly conceived, and provided that they mutually agree upon the definition, specifications, scope and nature thereof, such Intellectual Property Right shall be deemed jointly owned by the Parties ("JOINT IPR"). For the avoidance of doubt, any disagreement in respect of this Section 7A.6 (2) shall be resolved under Section 18 of the Technology Agreement.