Right to Independently Develop Clause Samples

The Right to Independently Develop clause allows a party, typically a company, to continue developing products, services, or technologies that may be similar to those disclosed or discussed under an agreement, such as during a partnership or while reviewing confidential information. This clause clarifies that as long as the development is based on the party’s own knowledge or resources and not on the other party’s confidential information, such activities are permitted. Its core function is to protect a party from claims of infringement or misuse when pursuing independent innovation, thereby encouraging open collaboration without unduly restricting future business activities.
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Right to Independently Develop. Nothing in this Agreement will impair Licensee’s right to independently acquire, license, develop for itself, or have others develop for it, intellectual property and technology performing similar functions as the Licensed Know-How or Licensed Patents or to market and distribute products based on such other intellectual property and technology, provided that the Licensee is in compliance with the obligations set forth in Article 5.
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Right to Independently Develop. Nothing in this Assignment will ------------------------------ impair Assignee's right to independently acquire, license, develop for itself, or have others develop for it, technology or intellectual property performing the same or similar functions as the Know-How or the Patent Rights, or the Other Intellectual Property, or to market and distribute licensed products based on such other intellectual property and technology.
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Right to Independently Develop. Nothing in this Agreement will impair Genecraft's right to independently acquire, license, develop for itself, or have others develop for it, technology or intellectual property performing the same or similar functions as the Patent Applications or to market and distribute Products based on such other intellectual property and technology.
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Right to Independently Develop. Subject to its obligations of confidentiality and to each party’s rights to intellectual property as described in this Agreement and the limitations set forth in Section 3.3 hereof, in no other event shall either party be precluded from developing or providing for itself, or for others, materials that are competitive with the services of other party, irrespective of their similarity to any services offered by the other party in connection with the Alliance. In addition, each party shall be free to use its general knowledge, skills and experience, and any ideas, concepts, know-how, and techniques within the scope of its business that are used or developed in the course of undertaking this Agreement by such party, and each party shall remain free to provide services to any client or prospective client so long as the terms of this Agreement are not violated.
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Related to Right to Independently Develop

  • Independently Developed The party independently developed such information.

  • Inherently Religious Activities Grantee may not use grant funding to engage in inherently religious activities, such as proselytizing, scripture study, or worship. Grantees may engage in inherently religious activities; however, these activities must be separate in time or location from the grant- funded program. Moreover, grantees must not compel program beneficiaries to participate in inherently religious activities. These requirements apply to all grantees, not just faith-based organizations.

  • No Obligation to Continue Business Relationship Neither the Plan, this agreement, nor the grant of this option imposes any obligation on the Company to continue the Optionee in employment or other Business Relationship.

  • Expertise Such Member alone, or together with its representatives, possesses such expertise, knowledge and sophistication in financial and business matters generally, and in the type of transactions in which the Company proposes to engage in particular, that such Member is capable of evaluating the merits and economic risks of acquiring and holding the Units, and that such Member is able to bear all such economic risks now and in the future;

  • No General Solicitation or Advertising in Regard to this Transaction Neither the Company nor any of its affiliates nor any person acting on its or their behalf (a) has conducted or will conduct any general solicitation (as that term is used in Rule 502(c) of Regulation D) or general advertising with respect to any of the Shares, or (b) made any offers or sales of any security or solicited any offers to buy any security under any circumstances that would require registration of the Common Stock under the Securities Act.