Common use of New Inventions Clause in Contracts

New Inventions. The laws of inventorship in the U.S. shall control ownership of any inventions or discoveries arising hereunder. Each Party shall control any of its sole inventions; provided that any sole inventions of IGF and IGF’s rights in any joint inventions arising hereunder in the Field shall be included within the Licensed Patents.

Appears in 2 contracts

Sources: License Agreement (Lirum Therapeutics, Inc.), License Agreement (Lirum Therapeutics, Inc.)