Common use of Customer’s Intellectual Property Clause in Contracts

Customer’s Intellectual Property. OutSystems acknowledges and agrees that all Intellectual Property Rights in and to the Customer’s developed Application are owned by Customer and shall, notwithstanding the terms of this Agreement, remain vested in Customer. Unless otherwise expressly provided in this Agreement, OutSystems shall not acquire any proprietary right, title or interest in or to any Intellectual Property Rights in Customer’s developed Application. Subject to the terms and conditions of this Agreement (including the payment of all agreed fees and Expenses) Customer shall also own all Intellectual Property Rights in the Deliverables.

Customer’s Intellectual Property. OutSystems acknowledges and agrees that all Intellectual Property Rights in and to the Customer’s developed Application are owned by Customer and shall, notwithstanding the terms of this Agreement, remain vested in Customer. Unless otherwise expressly provided in this Agreement, OutSystems shall not acquire any proprietary right, title or interest in or to any Intellectual Property Rights in Customer’s developed Application. Subject to the terms and conditions of this Agreement (including the payment of all agreed fees Fees and Expenses) Customer shall also own all Intellectual Property Rights in the Deliverables.