YAHOO JOINT DEVELOPMENTS. The Company and Yahoo shall jointly own all Joint Developments developed by employees or contractors of the Company and employees or contractors of Yahoo, and, to the extent such Joint Developments are distinct from the Company Properties, on the one hand, and the Yahoo Properties on the other hand, each party shall be entitled to exercise all rights of ownership with respect to such Joint Developments, without any duty to account to the other party; provided that Yahoo's use of any such Joint Developments shall be subject to all of the competitive limitations and other restrictions upon Yahoo activities set forth in this Agreement (including, without limitation, that Yahoo will not use or permit the use of any such Joint Developments during the Term in connection with any Competitive Service.
Appears in 2 contracts
Sources: Operating Agreement (Yahoo Inc), Operating Agreement (Yahoo Inc)