Common use of Results and Proceeds Clause in Contracts

Results and Proceeds. The Parties agree that to the extent Licensor provides services in connection with this Agreement, all such services are being performed at Company’s special request, that the creation of Products and Materials shall be within the scope of Company’s engagement of Licensor, and that all results and proceeds of Licensor’s services, including, without limitation, all contributions to Products and Materials (collectively, “Results and Proceeds”), except for the Licensor Materials which shall remain proprietary to Licensor, shall be considered a “work made for hire” under the Copyright Act. Licensor agrees that for any results and proceeds or part thereof that do not qualify as a “work made for hire” under the Copyright Act, Licensor, for good and valuable consideration, the receipt and sufficiency of which Licensor hereby acknowledges, does hereby: (i) transfer and assign to Company all right, title and interest therein, including copyright; and (ii) waive all moral rights (whether now existing or later acquired) in the Results and Proceeds.