Common use of Background Intellectual Property Clause in Contracts

Background Intellectual Property. Both parties shall retain all rights to their respective Background Intellectual Property. "Background Intellectual Property" means property and the legal right therein of either or both parties developed before or independent of this Agreement including inventions, patent applications, patents, and copyright.

Background Intellectual Property. Both parties shall retain all rights to their respective Background Intellectual Property. "Background Intellectual Property" means property Intellectual Property and the legal right therein of either or both parties developed before or independent of this Agreement including inventions, patent applications, patents, copyrights, trademarks, mask works, trade secrets and copyrightany information embodying proprietary data such as technical data and computer software. This Agreement shall not be construed as implying that either party hereto shall have the right to use Background Intellectual Property of the other in connection with this research except as otherwise provided by mutual agreement.