Common use of Program IP Clause in Contracts

Program IP. For Program IP, the Parties agree that ownership will be determined in accordance with inventorship. Inventorship of Program IP will be determined in accordance with applicable laws and, if multiple inventors from both Parties collaborate in the development of any aspect of Program IP, such Program IP will be co-owned by the Parties. All personnel involved in the Program shall be contractually required to assign their ownership interest in any Program IP to the Party engaging their services. The Program Committee will advise the Parties on issues relating to protection and enforcement of Program IP.

Appears in 3 contracts

Sources: Collaborative Research & Development Agreement, Collaborative Research & Development Agreement (Arcadia Biosciences, Inc.), Collaborative Research & Development Agreement (Arcadia Biosciences, Inc.)