Common use of Types of Intellectual Property Clause in Contracts

Types of Intellectual Property. Several types of IP are relevant to the relationship between the Parties. There will be copyright material, in the form of written and other creative work product, including the MIDP itself, as well as other planning-related material, such as design documents, studies, and the like (broadly speaking, the MIDP and related materials will comprise (i) urban planning-related materials (“Planning Materials”), and (ii) high level specifications for certain products and services that could be used at the MIDP Site (“Products and Services”)). A variety of Products and Services can be envisaged, including those directed to end users and consumers, and those that are more like “enabler” technologies, which then facilitate other services – different types of IP might therefore direct different principles on ownership, use and compensation. Other types of Intellectual Property may arise in the course of the MIDP, including data. There may be some inventions originated by either Party, or by the Parties acting jointly, that could be subject to patent protection. Also, certain new brands may be designed by the Parties, again either by one or other Party, or both Parties acting jointly, that may be subject to trademark protection.

Appears in 2 contracts

Sources: Plan Development Agreement, Plan Development Agreement