Dual Improvements. In the event Licensee and NCT jointly discover, develop or create any intellectual property whether patentable or non-patentable that is or could be an Improvement under both Sections 6.1 and 6.2 above, all rights and interest in and to such intellectual property shall be owned equally by Licensee and NCT and each party hereby grants to the other a royalty free, perpetual, irrevocable license to use and exploit any such intellectual property.
Appears in 4 contracts
Samples: License Agreement (NCT Group Inc), License Agreement (Noise Cancellation Technologies Inc), Exhibit 10 License Agreement (NCT Group Inc)
