Common use of Ownership of Intellectual Property Right Clause in Contracts

Ownership of Intellectual Property Right. (a) OpNext’s R&D Intellectual Property. OpNext will solely own all right, title and interest, throughout the world in and to OpNext R&D IP. OpNext shall have the right to apply, in its own name and at its own expense, for Intellectual Property protection in the OpNext R&D IP and, if requested, Hitachi shall cooperate with OpNext in any reasonable manner in obtaining such protection, including obtaining signatures of Hitachi Inventors and/or officials on official papers.