Ownership and Assignment of Rights Clause Samples
The "Ownership and Assignment of Rights" clause defines who holds the legal rights to intellectual property or other assets created under an agreement and outlines how those rights may be transferred between parties. Typically, this clause specifies whether the creator retains ownership or if rights are automatically assigned to another party, such as an employer or client, upon creation. For example, in a software development contract, it may state that all code written by the developer becomes the property of the client. The core function of this clause is to prevent disputes by clearly establishing who owns the results of the work and how rights are transferred, ensuring both parties understand their entitlements and obligations.
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Ownership and Assignment of Rights. 10.1 Company acknowledges that except as otherwise provided herein, it shall have no right, title or interest in or to the Provider Technology.
10.2 The Works and all rights therein (including title to the physical objects), of whatever nature, including, without limitation, any patent, trade secret, trademark or service mark ▇▇▇hts (and any goodwill appurtenant thereto), any rights of publicity, and any right, title
10.3 Subject to paragraph 12.1.12 of this Agreement, Provider agrees to obtain and furnish to Company all appropriate assignments, licenses, waivers and releases from all persons who created or furnished the Licensed Materials or who otherwise might claim any rights in the Licensed Materials, which assignments, licenses, waivers and releases shall assign and transfer to Company all rights that such persons may have, of whatever nature (and in no event less than the equivalent rights granted by Provider to Company in paragraph 10.2 above), in and to such Licensed Materials, or Provider otherwise shall have secured from each person a paid up, royalty-free nonexclusive right and license granting to Company irrevocably and unconditionally and in perpetuity the right throughout the universe to copy, distribute, transmit, display, perform, create derivative works, and otherwise use and exploit the Licensed Materials in whole or in part, including, without limitation, the right to add to, subtract from, arrange, rearrange, revise, modify, change and adapt the Licensed Materials and any part or element thereof, and the right to permit others to do any of the foregoing, in connection with Company's Web Pages and TM Web Site and any modification, upgrade or version thereof, and their use on any server, and any promotion, advertising or marketing relating thereto.
10.4 Provider agrees that the Marks and any goodwill appurtenant thereto shall be owned exclusively by Company and shall inure solely to the benefit of Company. Nothing in this Agreement shall give Provider any right, title or interest in the Marks, and Provider will not at any time challenge or take any action inconsistent with Company's ownership of the Marks or any registration thereof anywhere in the world.
10.5 Company shall have the right, in its sole discretion, to prosecute and control any dispute or litigation involving any claims that a third party has infringed any of the Works or
10.6 Each party agrees that, upon the other party's request and expense, that it will promptly execute, ...
Ownership and Assignment of Rights. (A) All Inventions, Improvements, or Confidential Information that you have or will conceive or develop, either alone or with others, shall be the exclusive property of Blackboard. You hereby assign, and agree to assign, to Blackboard your entire right, title, and interest in and to (I) any and all such Improvements and Inventions, (II) any and all applications for patent, domestic and foreign that may be filed on said Improvements and Inventions, and (III) any and all patents that may issue or be granted on such applications, except those excluded under Section 8(d)(ii) of this Agreement. Both during and after your Termination Date you will on request immediately sign and deliver to Blackboard without further consideration any and all documents necessary to perfect the assignments granted in this Section.
(B) You understand and agree that all Copyrighted Works conceived, developed, created or contributed to by you shall be considered works made for hire under the copyright laws of the United States and shall be the exclusive property of Blackboard. Blackboard shall be considered the author of such Copyrighted Works. You further understand and agree that in the event any Copyrighted Work created by you within the scope of, or in connection with, your work with Blackboard, or at the request of Blackboard, fails to meet the legal requirements of a work made for hire owned by Blackboard, then this Agreement shall operate to assign to Blackboard all of your rights, title, and interest, including copyrights, in, to and under such Copyrighted Works. Blackboard shall have sole and absolute discretion to register, enforce, and/or assign Copyrights for such Copyrighted Works.
Ownership and Assignment of Rights. All Work Product created by Contractor on behalf of the Company during the term of this agreement shall belong exclusively to Company and shall, to the extent possible under law, be considered a “work-made-for-hire” for Company within the meaning of Title 17 of the United States Code. To the extent the Work Product is not a work-made-for-hire, Contractor hereby assigns to Company all rights to such Work Product, including, but not limited to, rights to all inventions, data, discoveries, designs, creations, technology, improvements, copyrights, trade secret rights, trademarks and other industrial and intellectual property rights and applications thereof, in the United States and elsewhere. Contractor authorizes Company as his duly authorized agent to execute, file, prosecute and protect the same before any government agency, court or authority. Contractor agrees to execute all documents reasonably requested by Company together with assignments thereof to confirm Company’s ownership thereof and to provide all reasonable assistance to Company in perfecting or protecting Company's rights in such Work Product.
Ownership and Assignment of Rights. 1. The Joint Undertaking shall own all resources, tangible and intangible, and financial assets created by it or acquired by it unless otherwise agreed between the Commission and the Joint Undertaking.
2. Members and their national fusion organisations shall offer free of charge to the Joint Undertaking any title, rights and obligations arising under contracts concluded and orders placed by or with the support of Euratom in relation to the activities of the Joint Undertaking prior to its establishment.
3. The Joint Undertaking may take over any contract and order referred to in paragraph 2.
Ownership and Assignment of Rights