Common use of Ownership and Intellectual Property Clause in Contracts

Ownership and Intellectual Property. The Materials are the property of the Depositor. Michigan will not, by virtue of this Agreement, acquire any intellectual property rights in the Materials. Depositor acknowledges and agrees that it does not by virtue of this agreement acquire any intellectual property rights in the future inventions or discoveries made by Michigan or Researchers using Materials provided by the Depositor.

Ownership and Intellectual Property. The Materials are the property of the Depositor. Michigan will not, by virtue of this Agreement, acquire any intellectual property rights in the Materials. Depositor acknowledges and agrees that it does not by virtue of this agreement acquire any intellectual property rights in the future inventions or discoveries made by Michigan or Researchers Users using Materials provided by the Depositor.