Common use of Ownership of IP Clause in Contracts

Ownership of IP. The parties acknowledge and agree that: (i) Service Provider and its suppliers or licensors shall retain all right, title, and interest in and to the Service Provider Offerings (including, without limitation, any releases, bug-fixes, workarounds, updates, upgrades, derivatives and/or modifications thereto and copies thereof) and related documentation, and that ownership of all patent, copyright, trade secret, and other intellectual property rights embodied therein or pertaining thereto shall be and remain the sole property of Service Provider; (ii) all Client Materials are and shall remain the property of Client, and (iii) all third parties (including but not limited to Manufacturers) assert their retention of all right, title, and interest in and to the Third Party Materials (including, without limitation, any releases, bug-fixes, workarounds, updates, upgrades, derivatives and/or modifications thereto and any copies thereof) and related documentation, and that ownership of all patent, copyright, trade secret, and other intellectual property rights therein shall be and remain the sole property of the relevant third party. Client hereby grants to Service Provider the right and license to reproduce, distribute, modify, perform, display and otherwise use the Client Materials in connection with providing the Service Provider Offerings, and for analytic, statistical, security, quality control, and similar purposes, including by using Client Materials in aggregate form (e.g., to analyze systems performance).

Ownership of IP. The parties acknowledge and agree that: (i) Service Provider TTEC and its suppliers or licensors shall retain all right, title, and interest in and to the Service Provider TTEC Offerings (including, without limitation, any releases, bug-fixes, workarounds, updates, upgrades, derivatives and/or modifications thereto and copies thereof) and related documentation, and that ownership of all patent, copyright, trade secret, moral rights, and other intellectual property rights Intellectual Property Rights embodied therein or pertaining thereto shall be and remain the sole property of Service ProviderTTEC; (ii) all Client Materials are and shall remain the property of Client, and (iii) all third parties (including but not limited to ManufacturersProviders) assert their retention of all right, title, and interest in and to the Third Party Materials (including, without limitation, any releases, bug-fixes, workarounds, updates, upgrades, derivatives and/or modifications thereto and any copies thereof) and related documentation, and that ownership of all patent, copyright, trade secret, and other intellectual property rights Intellectual Property Rights therein shall be and remain the sole property of the relevant third party. Client hereby grants to Service Provider TTEC the right and license to reproduce, distribute, modify, perform, display and otherwise use the Client Materials in connection with providing the Service Provider TTEC Offerings, and for analytic, statistical, security, quality control, and similar purposes, including by using Client Materials in aggregate form (e.g., to analyze systems performance). TTEC hereby grants to Client the right to reproduce, distribute, modify, perform, display and otherwise use any TTEC Materials incorporated into a deliverable by TTEC for the purpose of the applicable SOW.