Common use of Other Related Matters Clause in Contracts

Other Related Matters. With respect to any Service, the Company agrees that (i) all software, hardware or data store, procedures and materials provided to the Company by or on behalf of Hxxxxx in connection with such Service are solely for the use of the Company solely for purposes of using such Services during the Term (provided that benefits received by third parties in the ordinary course of business conducted with the Company shall not be subject to this Section 5.05); (ii) title to any software, hardware or data store or any other intellectual property or proprietary right of any kind used in performing such Service shall, as between the Company and Hxxxxx, remain in Hxxxxx; (iii) the Company shall not copy, modify, reverse engineer, decompile, distribute or in any way alter or make derivative works of any software, hardware or data store used in performing such Service without Hxxxxx’ prior written consent; and (iv) the Company shall comply with any and all usage guidelines pertaining to any Service and provided by or on behalf of Hxxxxx, including without limitation, any and all usage guidelines pertaining to software, data, or other intellectual property or proprietary rights. Notwithstanding the foregoing, any assets acquired or purchased by the Company for its own account, shall not be subject to this Section 5.05. Except as expressly set forth in this Agreement, nothing in this Agreement or in the performance or use of the Services under this Agreement shall be deemed to transfer, assign or otherwise convey any rights, title or interests in or to any intellectual property or proprietary rights of one party to the other party. Nothing in this Article 5 shall be construed as obligating any party hereto to disclose its Confidential Information to any other party or person, or as granting to or conferring on any other party or person, expressly or by implication, any rights or license to the first party’s Confidential Information; provided that the parties acknowledge that, in order to perform the Services, Hxxxxx shall have custody of and usage of certain of the Company’s Confidential Information and the Company hereby grants to Hxxxxx the right to do so in accordance with this Agreement. Hxxxxx agrees that all right, title and interest in and to all records, data, files, input materials, reports, forms and other data received, computed, used and/or stored pursuant to this Agreement which relate to the MCD Business as conducted by the Company after the Effective Date are the exclusive property of the Company.

Appears in 3 contracts

Samples: Intellectual Property Agreement (Stratex Networks Inc), Intellectual Property Agreement (Harris Corp /De/), Transition Services Agreement (Harris Stratex Networks, Inc.)

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Other Related Matters. With respect to any Service, the Company agrees that (i) all software, hardware or data store, procedures and materials provided to the Company by or on behalf of Hxxxxx Xxxxxx in connection with such Service are solely for the use of the Company with respect to the Business and solely for purposes of using such Services for the Business during the Term (provided that benefits received by third parties in the ordinary course of business conducted with the Company shall not be subject to this Section 5.05)Term; (ii) title to any software, hardware or data store or any other intellectual property or proprietary right of any kind owned by Xxxxxx and used in performing such Service shall, as between the Company and HxxxxxXxxxxx, remain in HxxxxxXxxxxx; (iii) the Company shall not copy, modify, reverse engineer, decompile, distribute or in any way alter or make derivative works of any software, hardware or data store used in performing such Service without HxxxxxXxxxxx’ prior written consent; and (iv) the Company shall comply with any and all usage guidelines pertaining to any Service and provided by or on behalf of HxxxxxXxxxxx, including without limitation, any and all usage guidelines pertaining to software, data, or other intellectual property or proprietary rights. Notwithstanding the foregoing, any assets owned, acquired or purchased by the Company for its own account, shall not be subject to this Section 5.05. Except as expressly set forth in this Agreement, nothing Nothing in this Agreement or in the performance or use of the Services under this Agreement shall be deemed to transfer, assign or otherwise convey any rights, title or interests in or to any intellectual property or proprietary rights of one party to the other party. Nothing in this Article 5 shall be construed as obligating any party hereto to disclose its Confidential Information to any other party or person, or as granting to or conferring on any other party or person, expressly or by implication, any rights or license to the first partyDisclosing Party’s Confidential Information; provided that the parties acknowledge that, in order to perform the Services, Hxxxxx Xxxxxx shall have custody of and usage of certain of the Company’s Confidential Information and the Company hereby grants such rights to Hxxxxx the right to do so Xxxxxx in accordance with this Agreement. Hxxxxx agrees , provided that all right, title and interest in and to all records, data, files, input materials, reports, forms and other data received, computed, used and/or stored pursuant to this Agreement which relate to such rights shall terminate immediately upon the MCD Business as conducted by the Company after the Effective Date are the exclusive property termination of the Companyprovision of the Services.

Appears in 1 contract

Samples: Asset Sale Agreement (Nant Health, LLC)

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