Common use of Rights Retained by Licensor Clause in Contracts

Rights Retained by Licensor. The rights for all software and processes that are developed by Licensor remain the property of Licensor. The rights to any adaptations that have been made for the Licensee remain the property of Licensor in every respect. Licensor owns the system and its source code, including any modifications which may be developed for the individual Licensee. When purchasing services and development work from Licensor, the Licensee acquires only a non-exclusive usage right to the systems, unless a separate agreement is concluded stating otherwise. Rights to software, including source codes etc. can only revert to the Licensee or a third party in the event that an express written agreement has been concluded to that effect. In all other cases, any and all rights are retained by Licensor. The rights to concepts that are developed by Licensor are the property of Licensor and cannot be used and/or concluded by the Licensee or by the Licensee’s other collaborative partners without the consent of Licensor. Licensor owns all rights relating to trademarks, characteristics and other features related to Licensor and Microbizz.

Appears in 2 contracts

Sources: Software License Agreement, Software License Agreement