Common use of Pre-Existing Intellectual Property Rights Clause in Contracts

Pre-Existing Intellectual Property Rights. ‌ (a) All Pre-Existing Intellectual Property Rights vested in the Contractor remain vested in and the property of the Contractor, however the Contractor grants to the Principal a non-exclusive, royalty-free and irrevocable licence to exercise for any purpose all and any such Pre- Existing Intellectual Property Rights which are used by the Contractor in connection with the performance of the Services of the Contractor’s Obligations. This licence will terminate 12 months after the expiry of termination of this Contract. In the event that the Principal requires support and maintenance from the Contractor to use any IT systems which are comprised in Pre-Existing Intellectual Property Rights during that 12 month period the Principal will pay the Contractor for that support and maintenance at reasonable commercial rates. (b) All Pre-Existing Intellectual Property Rights vested in the Principal remain vested in and the Property of the Principal, however the Principal grants to the Contractor a non-exclusive, royalty-free licence to use such Pre- Existing Intellectual Property Rights for the purposes of performing the Services during the Operating Period only.

Pre-Existing Intellectual Property Rights. ‌ (a) All Pre-Existing Intellectual Property Rights vested in the Contractor remain vested in and the property of the Contractor, however the Contractor grants to the Principal a non-exclusive, royalty-free and irrevocable licence to exercise for any purpose all and any such Pre- Existing Intellectual Property Rights which are used by the Contractor in connection with the performance of the Services of the Contractor’s Obligations. This licence will terminate 12 months after the expiry of termination of this Contract. In the event that the Principal requires support and maintenance from the Contractor to use any IT systems which are comprised in Pre-Existing Intellectual Property Rights during that 12 month period the Principal will pay the Contractor for that support and maintenance at reasonable commercial rates. (b) All Pre-Existing Intellectual Property Rights vested in the Principal remain vested in and the Property of the Principal, however the Principal grants to the Contractor a non-exclusive, royalty-free licence to use such Pre- Existing Intellectual Property Rights for the purposes of performing the Services during the Operating Period only.

Pre-Existing Intellectual Property Rights. ‌ (a) 28.2.1 All Pre-Existing Intellectual Property Rights vested in the Contractor remain vested in and the property of the Contractor, however the Contractor grants to the Principal a non-exclusive, royalty-free and irrevocable licence to exercise for any purpose all and any such Pre- Pre-Existing Intellectual Property Rights which are used by the Contractor in connection with the performance of the Services of the Contractor’s Obligations. This licence will terminate 12 months after the expiry of termination of this Contract. In the event that the Principal requires support and maintenance from the Contractor to use any IT systems which are comprised in Pre-Existing Intellectual Property Rights during that 12 month period the Principal will pay the Contractor for that support and maintenance at reasonable commercial rates. (b) 28.2.2 All Pre-Existing Intellectual Property Rights vested in the Principal remain vested in and the Property of the Principal, however the Principal grants to the Contractor a non-exclusive, royalty-free licence to use such Pre- Pre-Existing Intellectual Property Rights for the purposes of performing the Services during the Operating Period Term only.