Patents and Intellectual Property. Parent either by itself or in conjunction with others has filed patent applications in the field of biotechnology and chemistry, and possess intellectual property in such fields (“IP”). No IP is being transferred as a result of the merger and Parent shall be free to transfer and or return such IP as directed by the current owners and inventors of such IP.
Appears in 2 contracts
Sources: Plan and Agreement of Merger (Qrons Inc.), Plan and Agreement of Merger (Qrons Inc.)