Common use of Confidentiality and Ownership of Intellectual Property Clause in Contracts

Confidentiality and Ownership of Intellectual Property. 20.1. All Goods, including without limitation inventions, discoveries, specifications, samples, drawings, materials, know- how, designs, processes, and other information whether technical, business, financial or other, that: (a) has been or will be provided to Supplier by or on behalf of KLS or which Supplier otherwise acquires under this Agreement; (b) Supplier will design, develop or otherwise create only for embodying in KLS’s products in connection with a purchase order whether or not completed and (c) the existence, negotiations, terms and performance of this Agreement shall be regarded by Supplier as confidential and deemed to be “Confidential Information” of KLS. Supplier shall promptly and fully disclose to KLS all Confidential Information under 20.1(b) above in sufficient detail to enable KLS to practice and protect same and will assist KLS in every proper way (at KLS’s expense) to obtain for KLS’s own benefit patents, copyrights and/or other rights of protection on any such Confidential Information in any and all countries. All Confidential Information under 20.1(b) shall be a “work for hire” under the United States Copyright Act of 1976 and the ownership and copyright therein vests in KLS and shall be the exclusive property of KLS. To the extent that exclusive title or ownership rights in such Confidential Information may not originally vest in KLS, Supplier hereby irrevocably assigns, transfers, and conveys to KLS all right, title and interest therein. This Section 20 does not affect Supplier’s intellectual property rights, rights to apply intellectual property rights or confidential information which were made before each purchase order and independent of KLS’s Confidential Information.

Appears in 2 contracts

Samples: kinovate.com, kinovate.com

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Confidentiality and Ownership of Intellectual Property. 20.1. All Goods, including without limitation inventions, discoveries, specifications, samples, drawings, materials, know- how, designs, processes, and other information whether technical, business, financial or other, that: (a) has been or will be provided to Supplier by or on behalf of KLS Nitto or which Supplier otherwise acquires under this Agreement; (b) Supplier will design, develop or otherwise create only for embodying in KLSNitto’s products in connection with a purchase order whether or not completed and (c) the existence, negotiations, terms and performance of this Agreement shall be regarded by Supplier as confidential and deemed to be “Confidential Information” of KLSNitto. Supplier shall promptly and fully disclose to KLS Nitto all Confidential Information under 20.1(b) above in sufficient detail to enable KLS Nitto to practice and protect same and will assist KLS Nitto in every proper way (at KLSNitto’s expense) to obtain for KLSXxxxx’s own benefit patents, copyrights and/or other rights of protection on any such Confidential Information in any and all countries. All Confidential Information under 20.1(b) shall be a “work for hire” under the United States Copyright Act of 1976 and the ownership and copyright therein vests in KLS Nitto and shall be the exclusive property of KLSNitto. To the extent that exclusive title or ownership rights in such Confidential Information may not originally vest in KLSNitto, Supplier hereby irrevocably assigns, transfers, transfers and conveys to KLS Nitto all right, title and interest therein. This Section 20 does not affect Supplier’s intellectual property rights, rights to apply intellectual property rights or confidential information which were made before each purchase order and independent of KLSNitto’s Confidential Information.

Appears in 2 contracts

Samples: Nitto Terms and Conditions for Purchase of Goods and Services, www.nitto.com

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Confidentiality and Ownership of Intellectual Property. 20.1. All Goods, including without limitation inventions, discoveries, specifications, samples, drawings, materials, know- how, designs, processes, and other information whether technical, business, financial or other, that: (a) has been or will be provided to Supplier by or on behalf of KLS Nitto or which Supplier otherwise acquires under this Agreement; (b) Supplier will design, develop or otherwise create only for embodying in KLSNitto’s products in connection with a purchase order whether or not completed and (c) the existence, negotiations, terms and performance of this Agreement shall be regarded by Supplier as confidential and deemed to be “Confidential Information” of KLSNitto. Supplier shall promptly and fully disclose to KLS Nitto all Confidential Information under 20.1(b) above in sufficient detail to enable KLS Nitto to practice and protect same and will assist KLS Nitto in every proper way (at KLSNitto’s expense) to obtain for KLSNitto’s own benefit patents, copyrights and/or other rights of protection on any such Confidential Information in any and all countries. All Confidential Information under 20.1(b) shall be a “work for hire” under the United States Copyright Act of 1976 and the ownership and copyright therein vests in KLS Nitto and shall be the exclusive property of KLSNitto. To the extent that exclusive title or ownership rights in such Confidential Information may not originally vest in KLSNitto, Supplier hereby irrevocably assigns, transfers, transfers and conveys to KLS Nitto all right, title and interest therein. This Section 20 does not affect Supplier’s intellectual property rights, rights to apply intellectual property rights or confidential information which were made before each purchase order and independent of KLSNitto’s Confidential Information.

Appears in 1 contract

Samples: Nitto Terms and Conditions for Purchase of Goods and Services

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