COPA as the Party Receiving Rights to the Transferred Patent Sample Clauses

COPA as the Party Receiving Rights to the Transferred Patent. It is acknowledged and agreed by the Members that COPA is a neutral party and may, in certain circumstances, be in the best position to act on behalf of the Members’ collective interests. As set forth in Section 3 of Exhibit C (Shared Patent Library procedures), and as may be negotiated by an Owner Member, Other Member and COPA, COPA may receive rights to a Transferred Patent from an Owner Member either as a co-owner, owner, or an exclusive licensee. It is COPA’s and the Members’ intention that if COPA receives the rights to assert the Transferred Patent, COPA will (i) assert the Transferred Patent against the Asserting Entity, and (ii) pursue the assertion for the benefit of the Defending Member with respect to the Defending Member’s Offensive Patent Assertion.
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Related to COPA as the Party Receiving Rights to the Transferred Patent

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