Ownership of Intellectual Property; License. Title to and ownership of all of the technology, trade secrets, trademarks, know-how, and information regarding the Products, and the manufacture of the Products, supplied by Buyer to Manufacturer hereunder shall remain in Buyer. Buyer hereby grants Manufacturer a limited, non-transferable, non-exclusive, revocable license to use Buyer's software, technology, trade secrets, know-how, and other proprietary information ("Buyer's Proprietary Information") for the purposes of this Agreement, free of any claim or allegation by Buyer of misappropriation of Buyer's Proprietary Information or infringement by Manufacturer of any Buyer intellectual property rights covering Buyer's Proprietary Information; provided, however, that Manufacturer's rights and freedom of use in connection with the manufacture of Products for Buyer hereunder shall endure only for the term of this Agreement. After the termination or expiration of this Agreement, (i) such license shall expire and Manufacturer shall have no further rights to use Buyer's Proprietary Information, and (ii) Manufacturer shall return to Buyer all written documents and other materials relating to Buyer's Proprietary Information. Notwithstanding the foregoing, title to and ownership of any software, technology, trade secrets, know-how, and information of Manufacturer ("Manufacturer's Proprietary Information") used by Manufacturer hereunder shall remain the property of Manufacturer.
Appears in 1 contract
Sources: Manufacturing Agreement (Clearone Communications Inc)
Ownership of Intellectual Property; License. Title to and ownership of all of the technology, trade secrets, trademarks, know-how, Buyer Technology and other proprietary information regarding the Products, Products and the manufacture of the Products, Products supplied by Buyer to Manufacturer hereunder shall remain in Buyer. Buyer hereby grants Manufacturer a limited, non-transferable, non-exclusive, revocable license to use Buyer's ’s software, technology, trade secrets, know-how, and other proprietary information ("“Buyer's ’s Proprietary Information"”) for the purposes of this Agreement, free of any claim or allegation by Buyer of misappropriation of Buyer's ’s Proprietary Information or infringement by Manufacturer of any Buyer intellectual property rights covering Buyer's ’s Proprietary Information; provided, however, that Manufacturer's ’s rights and freedom of use in connection with the manufacture of Products for Buyer hereunder shall endure only for the term of this Agreement. After the termination or expiration of this Agreement, (i) such license shall expire and Manufacturer shall have no further rights to use Buyer's ’s Proprietary Information, Information and (ii) Manufacturer shall return to Buyer all written documents and other materials relating to Buyer's ’s Proprietary Information. Notwithstanding the foregoing, title to and ownership of any software, technology, trade secrets, know-how, and all Manufacturer Technology and other proprietary information of Manufacturer ("“Manufacturer's ’s Proprietary Information"”) used by Manufacturer hereunder shall remain the property of Manufacturer.
Appears in 1 contract
Sources: Business Agreement (Xata Corp /Mn/)