Common use of Supplier Intellectual Property Clause in Contracts

Supplier Intellectual Property. Notwithstanding the foregoing, “Work Product” will not include (i) standard Goods manufactured by Supplier or a third party and sold to NTT without having been designed, customized or modified for NTT and (ii) any works conceived or reduced to practice by Supplier which were developed entirely on Supplier's own time without using equipment, supplies, facilities, trade secrets or Confidential Information of NTT (“Supplier Intellectual Property”), unless such works (A) relate to NTT’s business or NTT’s actual or demonstrably anticipated research or development, or (B) such works result from any Services performed by Supplier for NTT. Supplier grants to NTT and its Affiliates a nonexclusive, worldwide, royalty-free, irrevocable, perpetual, transferable, sub-licensable license to any Intellectual Property Rights in the Supplier Intellectual Property to the extent necessary for NTT and its Affiliates to exercise their rights in the Goods, Services or Work Product as reasonably contemplated by these T&Cs.

Appears in 3 contracts

Sources: Standard Terms and Conditions, Standard Terms and Conditions, Standard Terms and Conditions