Common use of Project IP Clause in Contracts

Project IP. The underlying intellectual property of the Project, Project Social Media Accounts and any derivatives (collectively, the “Project IP”) shall be owned and managed by Licensor. Licensor’s Business and Legal Affairs team shall handle all legal aspects of the Project IP including copyright and trademark registrations.

Appears in 2 contracts

Sources: Services Agreement (Angel Studios 024, Inc.), Picture Services Agreement (Angel Studios 024, Inc.)