Common use of Ownership of Project IP Clause in Contracts

Ownership of Project IP. All Project IP developed solely by a party will be solely owned by that party. All Project IP that is developed jointly by employees or contractors of both Parties (“Joint Project IP”) will be jointly owned by the parties.

Appears in 1 contract

Sources: Joint Development Agreement (Ascent Solar Technologies, Inc.)

Ownership of Project IP. All Project IP developed solely by a party will be solely owned by that party. All Project IP that is developed jointly by employees or contractors of both Parties ("Joint Project IP") will be jointly owned by the parties.

Appears in 1 contract

Sources: Long Term Supply and Joint Development Agreement (Ascent Solar Technologies, Inc.)