Common use of Collaboration Patent Estate Maintenance Clause in Contracts

Collaboration Patent Estate Maintenance. TSD shall have the sole right and responsibility in its commercially reasonable discretion at TSD’s sole expense, for preparing, filing, prosecuting and maintaining Patents in the Collaboration Patent Estate. TSD shall keep PPD reasonably informed with respect to the status of such Patents and their prosecution. TSD shall provide to PPD, at least on an annual basis, with a list accurately identifying the status of all Patents in the Collaboration Patent Estate.

Appears in 4 contracts

Samples: Buy Back Agreement, Confidentiality Agreement (Furiex Pharmaceuticals, Inc.), Confidentiality Agreement (Furiex Pharmaceuticals, Inc.)

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