Common use of Work Product and Intellectual Property Clause in Contracts

Work Product and Intellectual Property. Strata acknowledges that it shall have no right, title or interest in or to the Micrologix Technology except as set forth in this Agreement. Nothing in this Agreement shall be construed to grant Strata any rights or license to any intellectual property of Micrologix other than as expressly set forth in this Agreement. Except as set forth in Section 5.2 and the termination Sections of this Agreement Micrologix acknowledges that it shall have no right, title or interest in or to any data, inventions, discoveries, improvements, derivative works, and/or any other work product, whether patentable or not, developed hereunder by Strata or on behalf of Strata by its Representatives ("Strata Work Product"). Nothing herein shall be construed to grant Micrologix any rights or license to the Strata Work Product or any other intellectual property of Strata (collectively, "Strata Intellectual Property"). Strata reserves all rights in and to any such Strata Work Product and the Strata Intellectual Property.

Work Product and Intellectual Property. (a) Strata acknowledges that it shall have no right, title or interest in or to the Micrologix Technology except as set forth in this Agreement. Nothing in this Agreement shall be construed to grant Strata any rights or license to any intellectual property of Micrologix other than as expressly set forth in this Agreement. . (b) Except as set forth in Section 5.2 and the termination Sections of this Agreement Agreement (i) Micrologix acknowledges that it shall have no right, title or interest in or to any data, inventions, discoveries, improvements, derivative works, and/or any other work product, whether patentable or not, developed hereunder by Strata or on behalf of Strata by its Representatives ("“Strata Work Product"”). . (ii) Nothing herein shall be construed to grant Micrologix any rights or license to the Strata Work Product or any other intellectual property of Strata (collectively, "“Strata Intellectual Property"”). Strata reserves all rights in and to any such Strata Work Product and the Strata Intellectual Property.