Common use of Patent Strategy Clause in Contracts

Patent Strategy. The Advisory Committee shall be responsible for managing and reviewing the patent strategy in the Territory for use of the Drug Delivery System in the Field (the "Patent Strategy"). The Patent Strategy shall include, but not be limited to, deciding on the question of inventorship of any inventions arising under this Agreement, agreeing on the desired scope of patent protection to be secured by Genetronics, agreeing on the desired scope of patent protection to be secured for Joint Inventions, and recording and advising the parties on all patents secured in furtherance of hereunder. Genetronics shall develop and propose to the Advisory Committee annual budgets for the Patent Strategy for its review and consent.