Common use of Jointly Developed Intellectual Property Clause in Contracts

Jointly Developed Intellectual Property. In the event that the parties jointly develop Intellectual Property, the parties will engage in good faith negotiations to establish their respective rights. In the event the parties cannot reach an agreement with regard to such jointly developed property, each party will have equal ownership and rights in such intellectual property, without further obligation and without a duty to account to the other party.

Jointly Developed Intellectual Property. In the event that the parties Parties jointly develop Intellectual Property, the parties Parties will engage in good faith negotiations to establish their respective rights. In the event the parties Parties cannot reach an agreement with regard to such jointly developed property, each party Party will have equal ownership and rights in what such intellectual propertyIntellectual Property is concerned, without further obligation and without a duty to account to the other partyParty.

Jointly Developed Intellectual Property. In the event that the parties institutions jointly develop Intellectual Property, the parties institutions will engage in good faith negotiations to establish their respective rights. In the event the parties institutions cannot reach an agreement with regard to such jointly developed property, each party will have equal ownership and rights in such intellectual property, without further obligation and without a duty to account to the other party.

Jointly Developed Intellectual Property. In the event that the any parties jointly develop Intellectual Property, the parties will shall engage in good faith negotiations to establish their respective rights. In the event the parties cannot reach an agreement with regard to such jointly developed property, each party will have equal ownership and rights in such intellectual property, without further obligation and without a duty to account to the other party.

Jointly Developed Intellectual Property. In the event that the parties jointly develop Intellectual Property, the parties will engage in good faith negotiations to establish their respective rights. In the event the parties cannot reach an agreement with regard to such jointly developed property, each party will have equal ownership and rights in such intellectual property, without further obligation and without a duty to account to the other party.

Jointly Developed Intellectual Property. In the event that any Intellectual Property Rights are jointly developed by the parties jointly develop Intellectual PropertyParties pursuant to this Agreement, the parties will engage Parties shall jointly own such Intellectual Property Rights, and each Party shall have an undivided interest in good faith negotiations to establish their respective rights. In the event the parties cannot reach an agreement with regard and to such Intellectual Property Rights. The Parties shall jointly developed propertyand severally protect, each party will have equal ownership defend, and rights in enforce such intellectual propertyIntellectual Property Rights, and neither Party shall take any action that might prejudice or damage such Intellectual Property Rights without further obligation and without a duty to account to the prior written consent of the other partyParty.