Common use of Assignment of Ownership of Work Product and Proprietary Rights Clause in Contracts

Assignment of Ownership of Work Product and Proprietary Rights. The Provider hereby assigns, transfers and conveys to the Company all right. title and interest in and to all Work Product and all right, title and interest in all proprietary rights whatsoever in and of all such Work Product (the "Proprietary Rights") for the Company's exclusive ownership and use, together with all rights to xxx and recover for past and future infringement or misappropriation thereof. provided that if a Subsidiary or Affiliate of the Company is the owner thereof, such assignment, transfer and conveyance shall be made to such Subsidiary or Affiliate, which shall enjoy exclusive ownership and use, together with all rights to xxx and recover for past and future infringement or misappropriation thereof.

Appears in 2 contracts

Samples: Consulting Agreement (Dyadic International Inc), Consulting Agreement (Dyadic International Inc)

AutoNDA by SimpleDocs

Assignment of Ownership of Work Product and Proprietary Rights. The Provider Consultant hereby assigns, transfers and conveys to the Company all right. , title and interest in and to all Work Product and all right, title and interest in all proprietary rights whatsoever in and of all such Work Product (the "Proprietary Rights") for the Company's exclusive ownership and use, together with all rights to xxx and recover for past and future infringement or misappropriation thereof. , provided that if a Subsidiary or Affiliate of the Company is the owner thereof, such assignment, transfer and conveyance shall be made to such Subsidiary or Affiliate, which shall enjoy exclusive ownership and use, together with all rights to xxx and recover for past and future infringement or misappropriation thereof.

Appears in 2 contracts

Samples: Consultant Agreement (Dyadic International Inc), Consultant Agreement (Dyadic International Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!