Common use of MANAGEMENT AND REPRESENTATION Clause in Contracts

MANAGEMENT AND REPRESENTATION. In the event of any Joint Invention, each concerned Party will appoint a representative with patent and intellectual property expertise. Such representatives will meet (in person, by telephone or videoconference) upon request by any Party jointly owning such Joint Invention (with each Party responsible for the expenses of its representative) during the term provided for in Article 19.1(e) and the pendency of any patents or patent applications claiming any such Joint Invention, to coordinate, discuss, and review strategies, and allocate responsibilities and Patent Cost sharing, in good faith and according to the legitimate interest, rights, and Respective Territories of the Parties concerned, with respect to filing, prosecuting, maintaining, enforcing and defending patent applications and patents, in the names of the Parties jointly owning such Joint Invention, that claim such Joint Invention, subject to the provisions of Article 12.1(b) and (c).

Appears in 2 contracts

Sources: Collaboration Agreement, Collaboration Agreement (Coronado Biosciences Inc)