Ownership and rights to Improvements Clause Samples

The "Ownership and rights to Improvements" clause defines who holds the legal rights to any enhancements, modifications, or developments made to existing intellectual property during the course of a project or agreement. Typically, this clause specifies whether improvements created by one or both parties automatically become the property of a particular party, or if rights are shared, and may outline procedures for disclosing and documenting such improvements. Its core function is to prevent disputes by clearly allocating ownership and usage rights for any new developments, ensuring both parties understand their entitlements and obligations regarding future innovations.
Ownership and rights to Improvements. ‌ (a) Unless otherwise specified in item 6 of the Details Schedule: (i) IPR in any Improvements created by the Licensee are owned by the Licensee; (ii) the Licensee must notify the Licensor of any Improvement created by the Licensee as soon as practicable after the Improvement has been created; and (iii) where the Licensee is the owner of IPR in Improvements, the Licensee grants to the Licensor a licence to the IPR in Improvements created by the Licensee on the terms detailed in item 6 of the Details Schedule. (b) Where and to the extent that the Licensor is specified in item 6 of the Details Schedule as the owner of IPR in such Improvements created by the Licensee: (i) the Licensee assigns to the Licensor all rights, title and interest in and to the IPR in such Improvements immediately on creation; and (ii) the Licensor grants the Licensee a Licence to the IPR in the Improvements created by the Licensee on the same terms as the Licensed IPR. (c) The parties must do all things (including executing any document) necessary or desirable to give full effect to this clause 7.1. (d) This Agreement does not assign or grant any rights to the Licensee in respect of any IPR in Improvements created by the Licensor after the Commencement Date. Where the parties intend for the Licensee to have rights to such IPR, they will amend the Agreement in accordance with clause 19.4 to incorporate the Improvements within the Licensed IPR. (e) Where not granted under this Agreement, the parties each agree to negotiate in good faith a further licence to the IPR in any Improvements in connection with the Licensed IPR for the purpose of Commercialisation.
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Ownership and rights to Improvements. (a) Unless otherwise specified in item 6 of the Details Schedule: (i) IPR in any Improvements created by the Licensee are owned by the Licensee; (ii) the Licensee must notify the Licensor of any Improvement created by the Licensee as soon as practicable after the Improvement has been created; and
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Ownership and rights to Improvements. Unless otherwise specified in item 6 of the Details Schedule:
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Ownership and rights to Improvements. ‌ (a) Unless otherwise specified in item 6 of the Details Schedule: (i) IPR in any Improvements created by the Licensee are owned by the Licensee; (ii) the Licensee must notify the Licensor of any Improvement created by the Licensee as soon as practicable after the Improvement has been created; and (iii) where the Licensee is the owner of IPR in Improvements, the Licensee grants to the Licensor a licence to the IPR in Improvements created by the Licensee on the terms detailed in item 6 of the Details Schedule. (b) Where and to the extent that the Licensor is specified in item 6 of the Details Schedule as the owner of IPR in such Improvements created by the Licensee: (i) the Licensee assigns to the Licensor all rights, title and interest in and to the IPR in such Improvements immediately on creation; and (ii) the Licensor grants the Licensee a Licence to the IPR in the Improvements created by the Licensee on the same terms as the Licensed IPR. (c) The parties must do all things (including executing any document) necessary or desirable to give full effect to this clause 7.
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Related to Ownership and rights to Improvements

  • Ownership and Rights a. Electronic Access, including any database, any software (including for the avoidance of doubt, Proprietary Software) and any proprietary data, processes, scripts, information, training materials, manuals or documentation made available as part of the Electronic Access (collectively, the “Information”), are the exclusive and confidential property of ▇▇▇ ▇▇▇▇▇▇ ▇▇▇/▇▇ ▇▇▇ ▇▇▇▇▇▇’s suppliers. You may not use or disclose the Information except as expressly authorized by these Terms and Conditions. You will, and will cause Users and Your third parties and their users, to keep the Information confidential by using the same care and discretion that You use with respect to Your own confidential information, but in no event less than reasonable care. b. The provisions of this paragraph will not affect the copyright status of any of the Information which may be copyrighted and will apply to all Information whether or not copyrighted. c. Nothing in these Terms and Conditions will be construed as giving You or Users any license or right to use the trade marks, logos and/or service marks of BNY Mellon, its affiliates, its Information Providers or BNY Mellon’s Suppliers. d. Any Intellectual Property Rights and any other rights or title not expressly granted to You or Users under these Terms and Conditions are reserved to BNY Mellon, its Information Providers and BNY Mellon’s Suppliers. “Intellectual Property Rights” includes all copyright, patents, trademarks and service marks, rights in designs, moral rights, rights in computer software, rights in databases and other protectable lists of information, rights in confidential information, trade secrets, inventions and know-how, trade and business names, domain names (including all extensions, revivals and renewals, where relevant) in each case whether registered or unregistered and applications for any of them and the goodwill attaching to any of them and any rights or forms of protection of a similar nature and having equivalent or similar effect to any of them which may subsist anywhere in the world.

  • Ownership and Intellectual Property (a) The GLO shall own, and Developer hereby irrevocably assigns to the GLO, all ownership rights, titles, and interests in and to all Intellectual Property acquired or developed by Developer pursuant to this Contract (including, without limitation, all Intellectual Property in and to reports, drafts of reports, data, drawings, computer programs and codes, and/or any other information or materials acquired or developed by Developer under this Contract). The GLO shall have the right to obtain and hold in its name any and all patents, copyrights, trademarks, service marks, registrations, or such other protections, including extensions and renewals thereof, as may be appropriate to the subject matter. (b) Developer must give the GLO, the State of Texas, and any person designated by the GLO or the State of Texas all assistance and execute such documents as required to perfect the rights granted to the GLO herein, without any charge or expense beyond the stated amount payable to Developer for the services authorized under this Contract.

  • Ownership and Proprietary Rights Title, ownership rights and intellectual property rights to Software or to the Software and all patents, copyright, design rights, trade secrets and other proprietary rights in or related to the Software are and remain the exclusive property of Licensor and its suppliers. Licensee acknowledges such rights and will not take any action that jeopardizes such rights or acquire any rights except the limited use rights specified in this Agreement. The Software is protected by copyright and other intellectual property laws and international treaty provisions. The Licensee further acknowledges that in the course of its use of the Software, pursuant to the terms of this Agreement, that it may suggest modifications or improvements to the Software (“Modification(s)”). The Licensee expressly acknowledges the Licensor shall have the right to use these modifications and hereby grants the Licensor a non-exclusive, royalty-free, perpetual worldwide license to use or incorporate said Modification(s), in whole or in part, into the future development of any technology, including the Software. The Licensee expressly acknowledges that the Licensor is not obligated to provide the licensee with any form of compensation with respect to the use of the Modification(s).

  • Ownership and Licenses 54 Section 16.01 Property damage. ....................................................................................................................55 Section 16.02 Risk of Loss.............................................................................................................................55 Section 16.03 Limitation of HHSC's Liability. .................................................................................................55 Section 17.01 Insurance Coverage. ...............................................................................................................56 Section 17.02 Performance Bond. .................................................................................................................57 Section 17.03 TDI Fidelity Bond .....................................................................................................................57

  • Ownership and Use The System will be and remain the sole personal property of Vyve and will not be deemed to be affixed to the Premises. Customer will not, and will not authorize any other party to, tamper with, attach to or use any portion of the System without the prior written approval of Vyve. If any of the System is not removed from the Premises prior to the expiration of this Section 4 (as set forth in subsection (d) below), then Vyve will be deemed to have abandoned such personal property in place, and title to such property automatically will vest in Customer.