Common use of New Inventions Clause in Contracts

New Inventions. As between the Parties, Codiak shall own all rights, title and interest in or to any new discoveries, improvements, or inventions conceived, discovered, developed or otherwise made by or on behalf of Codiak, its Affiliates or its Sublicensees after the Effective Date and in connection with the Exploitation of Licensed Products, whether or not patented or patentable, and any and all patents and other intellectual property rights with respect thereof.

Appears in 3 contracts

Sources: License Agreement (Codiak BioSciences, Inc.), License Agreement (Codiak BioSciences, Inc.), License Agreement (Codiak BioSciences, Inc.)