Common use of Ownership of Technology and Intellectual Property Clause in Contracts

Ownership of Technology and Intellectual Property. ThinKom will remain the owner of any Technology previously developed by ThinKom. Gigabeam will remain the owner of any Technology previously developed by Gigabeam. Any enhancements or improvements to the Technology ("Improvements") reduced to practice or writing by one or more employees, consultants or sublicensees of Gigabeam will be owned by Gigabeam. Any Improvements reduced to practice or writing by one or more employees, consultants or sublicensees of ThinKom will be owned by ThinKom. Any Improvements reduced to practice or writing jointly by one or more employees, consultants or sublicensees of Gigabeam and ThinKom, will be owned jointly by Gigabeam and ThinKom.