Proprietary Rights of Licensor Clause Samples

The Proprietary Rights of Licensor clause establishes that the licensor retains ownership of all intellectual property and proprietary rights in the licensed materials or technology. In practice, this means that while the licensee may use the licensor's software, trademarks, or other protected assets as permitted under the agreement, they do not gain any ownership interest in those assets. This clause ensures that the licensor's rights are clearly defined and protected, preventing unauthorized use or claims of ownership by the licensee.
Proprietary Rights of Licensor. Ownership of subsequent developments, improvements, or inventions which are patented shall be jointly owned by Licensor and Licensee when such developments, improvements, or inventions are derived by Licensee from claims allowed in the Patents and may be used without the requirement for the payment of any additional royalties by Licensee other than those specified in 4.2 (A) of this Agreement. Otherwise, Licensor shall have sole and exclusive ownership of all right, title and interest in and to the Patent and to all modifications and enhancements thereof made by Licensor subject only to the rights of Licensee under this License. Any foreign patents developed by Licensor during the term of this Agreement shall be licensed to Licensee on the terms and conditions of this Agreement without the requirement for the payment of any additional royalties by Licensee.
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Proprietary Rights of Licensor a. Acceptance of this Agreement would provide End User a non-exclusive, limited license to install the (Design Suite) System Software provided by Color-Logic on one computer terminal (single seat license). b. Acceptance of this Agreement would provide End User a non-exclusive, limited license to install the (Printers Design Suite & License) System Software provided by Color-Logic on all computer terminals at one end user physical location (site license).
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Proprietary Rights of Licensor. All rights, title and interest in and to any modification or other derivative work of the Software developed or otherwise created by or on behalf of Licensor, and all worldwide intellectual property rights therein, will be the exclusive property of Licensor. Licensor shall promptly grant Licensee a license non-exclusive and royalty free license to use such Improvements anywhere in the world .
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Proprietary Rights of Licensor. The Software is protected by copyright laws and international copyright treaties, as well as other intellectual property laws and treaties. End User agrees that Licensor retains exclusive ownership of the trademarks represented by its company name and logo and product names including but not limited to Providence/Oris, and all of the documentation and computer recorded data related thereto. End User also agrees that all techniques, algorithms, and processes contained in Licensor’s software, computer program products or any modification or extraction thereof constitute trade secrets of Licensor and will be safeguarded by End User, but in no event shall End User exercise less than due diligence and care in accordance with the laws of the country of purchase and International Law, whichever operates to best protect the interests of Licensor.
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Proprietary Rights of Licensor a. It is understood and agreed that, during the Term of this Agreement and thereafter, Licensor shall retain exclusive title to and ownership of the Licensed IP and that no title or ownership of the Licensed IP is hereby transferred to the Licensee. Except as otherwise expressly set forth herein, all goodwill associated with use of the Licensed IP shall inure to the benefit of Licensor. Notwithstanding the foregoing, at no time shall any Licensed Product belong to Licensor. Any recipe or formulas developed by Licensee, including any Licensee Modified Formulas, shall remain the property of Licensee. b. Licensee agrees that it shall not, during the Term or thereafter, directly or indirectly: i) take, omit to take, or permit any action that will or may be reasonably expected to (A) dilute the Licensed Marks or tarnish or bring into disrepute the reputation of or goodwill associated with the Licensed Marks or Licensor, or (B) invalidate or jeopardize any registration of any of the Licensed Marks; ii) use the Licensed Marks (or any mark confusingly similar thereto), individually or in combination, as part of (a) its corporate or trade name, or (b) any domain name; or iii) apply for, or obtain, or assist any other party in applying for or obtaining any registration of any of the Licensed Marks, or any trademark, service mark, trade name, or other indicia confusingly similar to the Licensed Marks.
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Proprietary Rights of Licensor 
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Related to Proprietary Rights of Licensor

  • Proprietary Rights The term “Proprietary Rights” shall mean all trade secret, patent, copyright, mask work and other intellectual property rights throughout the world.

  • Intellectual Property Rights Infringement HP will defend and/or settle any claims against Customer that allege that an HP-branded product or service as supplied under this Agreement infringes the intellectual property rights of a third party. HP will rely on Customer’s prompt notification of the claim and cooperation with our defense. HP may modify the product or service so as to be non-infringing and materially equivalent, or we may procure a license. If these options are not available, we will refund to Customer the amount paid for the affected product in the first year or the depreciated value thereafter or, for support services, the balance of any pre-paid amount or, for professional services, the amount paid. HP is not responsible for claims resulting from any unauthorized use of the products or services.