JOINTLY OWNED RESULTS Clause Samples

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JOINTLY OWNED RESULTS. 1. Results that were jointly generated by both Parties will be jointly owned by the Parties, hereinafter referred to as (“Jointly Owned Results”) and each of the Parties shall be free to use these Jointly Owned Results as it sees fit without owing the other Party any compensation or requiring the consent of the other Party. Each Party, therefore, for example and without limitation, has the transferable right to grant non-exclusive, further transferable licenses under such Jointly Owned Results to third parties. Each Party shall be entitled to disclose such Jointly Owned Results without restrictions unless such Jointly Owned Results contain a Joint Invention in which case no disclosure must be made prior to the filing of a priority application. 2. With respect to any joint invention resulting from this MoU (i.e. any invention jointly made by employees of both Parties), the features of which cannot be separately applied for as Intellectual Property Rights and which are eligible for statutory protection requiring an application or registration (herein referred to as “Joint Invention”), the Parties shall agree on which Party will carry out any filling as well as any further details with regard to persecuting and maintaining of relevant patent applications.
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JOINTLY OWNED RESULTS. 8.3.1. Should a Result be jointly owned, and should the co-owners not have executed an agreement pertain- ing to the ownership, or in writing have agreed otherwise, each of the co-owners shall, without any prior consent from and without compensation to the other co-own- er(s), have a right to use and to exploit the jointly owned Result. Such use and/or exploitations may not com- mence until the Result has been treated by the Project Board and, if relevant, a Declaration of Result Ownership process has been completed pursuant to Sections 8.2.2 and 8.2.3. 8.3.2. The right to use and to exploit the Result pur- suant to Section 8.3.1 shall at all times be subject to the confidentiality undertaking pursuant to Section 9.4, so as to not by the breaching of the confidentiality compromise the possibility to obtain patent protection for said Result. Should the usage of a co-owning Party or such Party’s li- censee pursuant to Section 8.3.3 by negligence cause a breach of the confidentiality of the Result attributable to the co-owning Party, such Party shall be fully liable to the other co-owners. 8.3.3. As of the end of the negotiation period of Sec- tion 8.3.6., the rights of the co-owners shall include the right to grant non-exclusive licenses to third parties. Such licenses shall be executed in writing, shall include an obligation for the licensee to protect the confidentiali- ty of the Result and may not contain a right for the licen- see to sub-license. 8.3.4. Each of the co-owners of a Result may, in the name of all co-owners, apply for patent protection for the said Result, which shall not be regarded as a breach of the confidentiality undertaking. Costs pertaining to the preparation and prosecution of a patent application as well as costs for maintenance shall, unless otherwise agreed, be borne by the co-owners in equal shares. A co-owner incurring such expenses shall, unless otherwise agreed, be reimbursed by invoice. No one of the co-own- ers shall however be liable for the reimbursement of costs until the end of the negotiation period of Section 8.3.6. 8.3.5. Each of the co-owners of said Result shall be entitled to defend the Result at its own expense. Any award which such defence may bring, through a settle- ment or a court verdict, shall be collected solely by such co-owner having defended the Result. 8.3.6. Following the consideration period of Section 8.2.2 and in good faith and loyalty, the co-owners shall initiate negotiations aiming at a contract ...
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Related to JOINTLY OWNED RESULTS

  • Test Results The employer, upon request from an employee or former employee, will provide the confidential written report issued pursuant to 4.9 of the Canadian Model in respect to that employee or former employee.

  • Positive Test Results In the event an employee tests positive for drug use, the employee will be provided, in writing, notice of their right to explain the test results. The employee may indicate any relevant circumstance, including over the counter or prescription medication taken within the last thirty (30) days, or any other information relevant to the reliability of, or explanation for, a positive test result.

  • BID TABULATION AND RESULTS Bid tabulations shall be available thirty (30) days after opening on the Orange County website at: ▇▇▇▇://▇▇▇▇.▇▇▇▇.▇▇▇/orangebids/bidresults/results.asp or upon notice of intended action, whichever is sooner.

  • Audit Results If an audit by a Party determines that an overpayment or an underpayment has occurred, a notice of such overpayment or underpayment shall be given to the other Party together with those records from the audit which support such determination.

  • ADVERTISING RESULTS The prior written approval of the Commissioner is required in order for results of the Bid to be used by the Contractor as part of any commercial advertising. The Contractor shall also obtain the prior written approval of the Commissioner relative to the Bid or Contract for press or other media releases.