Patents and Trade Secrets. (i) To the best of Polycom's knowledge, Polycom owns all trade secrets, patents and copyrights necessary to manufacture, distribute, and sell Product, or possesses adequate licenses or other rights, if any, therefor (collectively, the "Polycom Proprietary Rights"). (ii) To the best of Polycom's knowledge at the time of incorporation into a Product, Polycom has the right to use the Polycom Proprietary Rights without infringing or violating the rights of any third parties. To the best of Polycom's knowledge at the time of incorporation into a Product, no claim has been asserted by any person to the ownership of, or right to use, any Polycom Proprietary Right or challenging or questioning the validity or effectiveness of any such license or agreement and Polycom knows of no valid basis for any such claim. To the best of Polycom's knowledge at the time of incorporation into a Product, each of the Polycom Proprietary Rights is valid and subsisting, has not been terminated and, if applicable, has been duly issued or filed. Polycom will maintain its interest in the Polycom Proprietary Rights throughout the term of this Agreement.
Appears in 1 contract
Sources: Joint Marketing and Development Agreement (Polycom Inc)
Patents and Trade Secrets. (i) To the best of Polycom's knowledge, Polycom owns all trade secrets, patents and copyrights necessary to manufacture, distribute, and sell Product[* * *], or possesses adequate licenses or other rights, if any, therefor (collectively, the "Polycom Proprietary Rights").
(ii) To the best of Polycom's knowledge at the time of incorporation into a Product[* * *], Polycom has the right to use the Polycom Proprietary Rights without infringing or violating the rights of any third parties. To the best of Polycom's knowledge at the time of incorporation into a Product[* * *], no claim has been asserted by any person to the ownership of, or right to use, any Polycom Proprietary Right or challenging or questioning the validity or effectiveness of any such license or agreement and Polycom knows of no valid basis for any such claim. To the best of Polycom's knowledge at the time of incorporation into a Product[* * *], each of the Polycom Proprietary Rights is valid and subsisting, has not been terminated and, if applicable, has been duly issued or filed. Polycom will maintain its interest in the Polycom Proprietary Rights throughout the term of this Agreement.
Appears in 1 contract
Sources: Joint Marketing and Development Agreement (Polycom Inc)