Ownership of Project Intellectual Property Clause Samples

Ownership of Project Intellectual Property. (a) Foreground Patent IP shall be owned by the Party or Parties whose Representatives are inventors of the underlying Project Invention as a matter of US Patent Law. The owning Party or Parties shall retain the entire right, title, and interest throughout the world to such Foreground Patent IP including, without limitation, the right to file (or not to file) for patents for such Project Invention(s). Any Foreground Patent IP on Project Inventions invented jointly by the Parties’ Representatives as a matter of U.S. Patent Law shall be jointly owned by the Parties and shall be licensable by each Party without accounting to or permission from the other Party. (b) Foreground Non-Patent IP shall be owned by the Party or Parties whose Representatives developed such Foreground Non-Patent IP. The owning Party or Parties shall retain the entire right, title, and interest throughout the world to such Foreground Non-Patent IP including, without limitation, the right to register (or not to register) such Foreground Non-Patent IP. Any Foreground Non-Patent IP developed jointly by the Parties’ Representatives shall be jointly owned by the Parties and shall be licensable by each Party without accounting to or permission from the other such Party.

Ownership of Project Intellectual Property. The Company and the Foundation shall own as tenants-in-common in equal undivided shares all Project Intellectual Property. The ownership of the Project Intellectual Property shall vest in the Parties in that manner immediately upon creation. Each Party hereby assigns to the other Party sufficient right, title and interest in the Project Intellectual Property to accomplish such ownership. Neither the Company nor the Foundation will sell or otherwise transfer its title to any Project Intellectual Property to any Third Party or Affiliate unless such Third Party or Affiliate takes title to such Project Intellectual Property (i) subject to the rights of the non-transferring Party in such Project Intellectual Property under this Agreement and (ii) assumes in writing the obligations of the transferring Party with respect to such Project Intellectual Property under this Agreement, including the limitations under this Agreement relating to the transferring Party's use of such Project Intellectual Property; provided, however, that the transferring Party shall (A) notify the non- transferring Party in writing within 10 days after any such transfer and (B) provide the non-transferring Party with a copy of the written assignment and assumption or similar agreement between the transferring Party and the Third Party or Affiliate transferee. [The Parties acknowledge and agree that each Party shall, subject to Section 9 and Section 13 of this Agreement, have the right to practice and sublicense the Project Intellectual Property (other than any Project Intellectual Property that a Party has disclaimed pursuant to Section 8(e) of this Agreement) without the consent of, or accounting to, the other Party.] [CONSIDER AND MODIFY AS APPLICABLE – DELETE IF THE COMMERCIAL SECTION IS INCLUDED.]

Ownership of Project Intellectual Property. Subject to any rights granted to the United States Government, Project Intellectual Property shall be owned by the Party whose employees make or generate the Project Intellectual Property. Jointly made or generated Project Intellectual Property shall be jointly owned by the Parties.

Ownership of Project Intellectual Property. “Project Intellectual Property” means all patentable inventions first made and reduced to practice in performance of the Project, and all patent, intellectual property, and other legal rights therein under the laws of any state or country.

Ownership of Project Intellectual Property. Awardee shall own any Intellectual Property invented by either Party and arising under the Project, subject to the rights of CEPI to use Project Intellectual Property expressly set out in this Agreement. Awardee shall have the right, but not the obligation, to seek IP protection in respect of any Project Intellectual Property at its own cost. Upon request, but no less than annually, Awardee shall provide a written update to CEPI regarding the status of Project Intellectual Property rights sought and obtained.

Ownership of Project Intellectual Property. 6.1.1 The Contractor acknowledges and agrees that the ownership of all Project Intellectual Property vests in the State upon creation. 6.1.2 The Contractor assigns ownership of all Project Intellectual Property to the State and will ensure all its Personnel, execute all documents and do all things necessary to assign to the State all such rights. 6.1.3 The Contractor agrees to document all Project Intellectual Property at the conclusion of the Project and provide copies of all such material to the Bushfire and Natural Hazards CRC. 6.1.4 Clause 6.1 does not affect the ownership of the Contractor Intellectual Property or the Third Party Intellectual Property. 6.1.5 All ethics applications must be submitted such that they would enable the Contractor to comply with the requirements of this Agreement. The Contractor must advise the Bushfire and Natural Hazards CRC within three (3) working days of any conditions imposed by a Human Ethics Committee which would prevent them complying with the terms and conditions of this Agreement.

Ownership of Project Intellectual Property. Subject to clause 10.3 and 10.4 and in support of the creative community, Council acknowledges and agrees: 10.2.1. it does not obtain any ownership rights in the Project Intellectual Property other than any IP For Council specified in Item 9 of Schedule 1, if any; and 10.2.2. the Service Provider is to own all Intellectual Property Rights subsisting in the Project Intellectual Property other than any IP For Council specified in Item 9 of Schedule 1, if any and shall have the exclusive right to seek, obtain and/or maintain intellectual property protection in respect of Project Intellectual Property other than IP For Council specified in Item 9 of Schedule 1, if any.

Ownership of Project Intellectual Property.   The Company will retain ownership rights to all Project Intellectual Property. All Project Intellectual Property developed solely by a Party will be solely owned by that Party. Project Intellectual Property created jointly by University and/or University Contributors and Company personnel shall be jointly owned by the University and the Company. Following the coming into existence of jointly-owned Project Intellectual Property, the Parties undertake to conclude a separate agreement to govern the terms and conditions pertaining to rights, duties and obligations of the Parties concerning the jointly-owned Project Intellectual Property. Each Party shall promptly disclose all Project Intellectual Property to the other Party in writing.

Ownership of Project Intellectual Property. (a) Any Project Intellectual Property developed solely by Nuvectra shall be owned by Nuvectra, except as provided for in this Section 5.2, including the Software. (b) Any Project Intellectual Property developed solely by Aleva shall be owned by Aleva, except as provided for in this Section 5.2, including the User Interface Software. Aleva agrees that at no time will it attempt to reverse engineer the Software developed or provided by Nuvectra in connection with the Aleva DBS Product. (c) Notwithstanding any other provision of this Agreement: (i) Nuvectra will own any Improvement directed to the Background Intellectual Property or the Software of Nuvectra; and (ii) Aleva will own any Improvement directed to the Background Intellectual Property or the User Interface Software of Aleva. (d) All Joint Intellectual Property shall be owned jointly by the Parties and shall be licensed by the Parties as follows: (i) Nuvectra shall grant an irrevocable, exclusive royalty-free license (with the right to sublicense) to Aleva under its interest in the Joint Intellectual Property to use, make, have made, sell, offer to sell, distribute, and import products in the Territory and in the Field of Use. (ii) Aleva shall grant an irrevocable, exclusive royalty-free license to Nuvectra under its interest in the Joint Intellectual Property to use, make, have made, sell, offer to sell, distribute, and import products in the Territory and in any field that is not within the Field of Use. (iii) At the request of Nuvectra, the Parties shall negotiate in good faith a license to Nuvectra under Aleva’s interest in the Joint Intellectual Property for any field which is within the Field of Use.