Common use of License and Ownership Clause in Contracts

License and Ownership. 3 ARTICLE III--THE PARTIES' DUTIES..............................................5 ARTICLE IV--ROYALTY AND LICENSE FEES..........................................5 ARTICLE V--STATEMENTS, REPORTS AND PAYMENTS...................................5 ARTICLE VI--NONDISCLOSURE.....................................................6 ARTICLE VII--DURATION AND TERMINATION.........................................8 ARTICLE VIII--WARRANTY, LIABILITY AND INDEMNIFICATION........................10 ARTICLE IX--GENERAL PROVISIONS...............................................11 ARTICLE X--ASSIGNMENT .......................................................12 ARTICLE XI--PREFERENCE FOR U.S. INDUSTRY.....................................13