Common use of PFPC System Clause in Contracts

PFPC System. PFPC Trust shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

PFPC System. PFPC Trust shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

PFPC System. PFPC Trust shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, collectivelly "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

PFPC System. PFPC Trust shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights owned or licensed and utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "“PFPC System Elements"”). To the extent that PFPC System Elements are incorporated in into any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

PFPC System. PFPC Trust shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights owned or licensed and utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "“PFPC System Elements"”). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

PFPC System. PFPC Trust shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights owned or licensed and utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

PFPC System. PFPC Trust shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.

PFPC System. PFPC Trust shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights utilized by PFPC Trust in connection with the services provided by PFPC Trust to the Fund (collectively, "PFPC System Elements"). To the extent that PFPC System Elements are incorporated in any work product produced for the Fund, PFPC Trust hereby grants a non-exclusive, royalty-free and non-transferable license to use for its internal purposes the PFPC System Elements in the form provided to the Fund.