Common use of Patent Transfer to Clearwire Clause in Contracts

Patent Transfer to Clearwire. Sprint hereby assigns and will cause each Sprint Group member to assign to the Clearwire Group member designated by Clearwire, subject to any rights of Third Parties existing on the Effective Date, all the Sprint Group’s right, title and interest in the Assigned Patents. To the best of Sprint’s knowledge, there are no Third Party rights or claims in the Assigned Patents. In the event there is a material Third Party right in any Assigned Patent, Sprint will give Clearwire reasonable notice of such right. Following execution of the assignment, Clearwire shall assume all responsibility and expenses associated with processing and pursuing the Assigned Patents.