Developments and Intellectual Property Sample Clauses
The 'Developments and Intellectual Property' clause defines the ownership and rights related to any inventions, works, or intellectual property created during the course of a contract or engagement. Typically, this clause specifies whether such developments belong to the employer, client, or the individual who created them, and may outline procedures for disclosure and assignment of rights. Its core function is to prevent disputes over intellectual property ownership by clearly allocating rights and responsibilities, ensuring that all parties understand who controls and benefits from any resulting intellectual property.
Developments and Intellectual Property. You acknowledge that all developments, including but not limited to trade secrets (including strategies, business plans and customer lists), discoveries, improvements, ideas and writings which either directly or indirectly relate to or may be useful in the business of the Company (the "Developments") which you, either alone or in conjunction with any other person or persons, shall conceive, make, develop, acquire or acquire knowledge of during the Term are the sole and exclusive property of the Company. You will cooperate with the Company's reasonable requests to obtain or maintain rights or protections under United States or foreign law with respect to all Developments. The Company will reimburse you for all reasonable expenses incurred by you in order to comply with this provision of this Agreement, regardless of when such expenses may be incurred.
Developments and Intellectual Property. Executive acknowledges that all developments, including but not limited to trade secrets (including strategies, business plans and customer lists), discoveries, improvements, ideas and writings which either directly or indirectly relate to or may be useful in the business of the Company (the "Developments") which Executive, either alone or in conjunction with any other person or persons, shall conceive, make, develop, acquire or acquire knowledge of during the Term are the sole and exclusive property of the Company. Executive will cooperate with the Company's reasonable requests to obtain or maintain rights or protections under United States or foreign law with respect to all Developments. The Company will reimburse Executive for all reasonable expenses incurred by Executive in order to comply with this provision of this Agreement, regardless of when such expenses may be incurred.
Developments and Intellectual Property. A. Supplier represents and warrants that Supplier has no outstanding agreement or obligation that is in conflict with any of the provisions of these Terms and Conditions, or that would adversely affect Supplier's performance hereunder or MEMC’s exclusive right to Developments (defined below), and Supplier agrees that Supplier shall not enter into any such conflicting agreement while supplying the Items.
B. Supplier agrees that all works of authorship, inventions, improvements, developments, and discoveries conceived, made, or discovered by Supplier, solely or in collaboration with others, in the course of development of Items for MEMC hereunder as well as all patents, copyrights, trade secrets, trademarks, and other intellectual property rights therein and thereto (collectively, "Developments"), are the sole property of MEMC. Supplier agrees to assign (or cause to be assigned) and does hereby assign fully to MEMC all such Developments.
C. Supplier agrees to assist MEMC, or its designee, at MEMC's expense, in every proper way to secure MEMC’s rights in the Developments, Including the disclosure to MEMC of all pertinent information and data with respect thereto and the execution of all applications, Specifications, oaths, assign- ments, and all other instruments which MEMC may deem necessary in order to apply for and obtain such rights and in order to assign and convey to MEMC, its successors, assigns, and nominees the sole and exclusive rights, title, and interest in and to such Devefopments. Supplier further agrees to assist MEMC in enforcing all patents, trademarks, copyrights, trade secrets or other ownership rights to protect MEMC's exclusive interest in Developments.
D. MEMC acknowledges and agrees that Supplier shall retain sole and exclusive ownership of, and/or unrestricted right to license, any invention, improvement, development, concept, discovery, or other proprietary information owned by Supplier. ("Supplier IP'). Notwithstanding the foregoing, Supplier agrees that if in the course of developing the Items, Supplier incorporates any Supplier IP into any Development developed hereunder, MEMC is hereby granted and shall have a nonexclusive, royalty free, perpetual, irrevocable, worldwide license, including the right to sublicense, under any such Supplier IP to make, have made, use, import, prepare derivative works of, reproduce, have reproduced, perform. display, offer to sell, sell, or otherwise distribute such invention, improvement, development...