Common use of Pre-existing IP Clause in Contracts

Pre-existing IP. Each Party (or its licensors, as applicable) shall retain ownership of its IP which existed prior to the Effective Date and IP developed, licensed or acquired by or on behalf of a Party or its licensors during the Term (as defined in Section 10) which is not a Deliverable, in each case including any modifications thereto or derivatives thereof (collectively “Pre- Existing IP”). Client does not obtain any rights in Avanade Pre-Existing IP other than what is provided for the Deliverables in Section 4.1.

Pre-existing IP. Each Party party (or its licensors, as applicable) shall retain ownership of its IP which existed prior to the Effective Date Agreement effective date and IP developed, licensed or acquired by or on behalf of a Party party or its licensors during the Term (as defined in Section 10) term of this Agreement which is not a Deliverable, in each case including any modifications thereto or derivatives thereof (collectively “Pre- Pre-Existing IP”). Client does not obtain any rights in Avanade Pre-Existing IP other than what is provided for the Deliverables in Section 4.1.

Pre-existing IP. Each Party (or its licensors, as applicable) shall retain ownership of its IP which existed prior to the Effective Date and IP developed, licensed or acquired by or on behalf of a Party or its licensors during the Term (as defined in Section 10) which is not a Deliverable, in each case including any modifications thereto or derivatives thereof (collectively “Pre- Pre-Existing IP”). Client does not obtain any rights in Avanade Pre-Pre- Existing IP other than what is provided for the Deliverables in Section 4.1.