Common use of Jointly Developed Intellectual Property Clause in Contracts

Jointly Developed Intellectual Property. For the purposes of this Agreement and unless otherwise designated under this Section 2.4 or any applicable Annex A, any Intellectual Property first discovered, conceived or created jointly by one or more of GEM employees and one or more of AATI employees (including the Key Employee’s related contributions) in the course of performing development under this Agreement, shall be considered jointly-developed Intellectual Property (collectively, “Joint Intellectual Property”).