Common use of Ownership by Licensor Clause in Contracts

Ownership by Licensor. As between Licensor and Suntech, Licensor will own all right, title, and interest in and to Specifications, Ancillary Technology and the Licensor Technology and all Intellectual Property Rights therein. Licensor represents and warrants that it has full and exclusive right and ownership in the Licensor Technology, Licensor Trademarks, Specifications, Ancillary Technology and Licensor Intellectual Property Rights. During and after the term of this Agreement, Suntech shall, and shall cause its respective personnel to, from time to time as and when requested by Licensor in accordance with this Section 7 and at the Licensor’s expense, but without further consideration, execute any or all papers and documents and perform any or all other acts necessary or appropriate, in the reasonable discretion of the Licensor, to evidence or further document the Licensor’s ownership of such Intellectual Property Rights and Derivatives.

Appears in 2 contracts

Sources: Manufacturing and License Agreement (Open Energy Corp), Manufacturing and License Agreement (Open Energy Corp)