Common use of Disclosure of Enabling Technology; Maintenance of Records Regarding Research and Inventions Clause in Contracts

Disclosure of Enabling Technology; Maintenance of Records Regarding Research and Inventions. (a) During the Research Term, each Party shall disclose to the other the Know-How and Patent Rights of such Party for which letters patent have not yet been issued as the other Party reasonably needs to perform its obligations and assigned tasks under the Research and Development Plan; provided, however, that in no event shall Targacept be required to disclose the Pentad Technology and provided, further, that all such disclosed Know-How and Patent Rights shall be considered Confidential Information.

Disclosure of Enabling Technology; Maintenance of Records Regarding Research and Inventions. (a) During the Research R&D Term, each Party shall disclose to the other the Know-How and Patent Rights of such Party for which letters patent have not yet been issued as the other Party reasonably needs to perform its obligations and assigned tasks under the Research and Development Plan; provided, however, that in no event shall Targacept be required to disclose the Pentad Technology and provided, further, that all such disclosed Know-How and Patent Rights shall be considered Confidential Information.

Disclosure of Enabling Technology; Maintenance of Records Regarding Research and Inventions. (a) During the Research Term, each Party shall disclose to the other the Know-How and Patent Rights of such Party for which letters patent have not yet been issued as the other Party reasonably needs to perform its obligations and assigned tasks under the Research and Development Plan; provided, however, that (i) in no event shall Targacept be required to disclose the Pentad Technology and provided, further, that (ii) all such disclosed Know-How and Patent Rights shall be considered Confidential Information.