Common use of Excluded IP Clause in Contracts

Excluded IP. Except for those rights expressly granted under this Agreement, nothing herein shall be construed as creating, granting or conveying to one Party any licence, right, title or other interest in or to any Intellectual Property Rights and Know How owned or controlled by the other Party or its Affiliates: 12.1.1. existing prior to the Effective Date; or 12.1.2. independently discovered and developed during the Term of this Agreement by such other Party or its Affiliates other than in performance of its obligations under this Agreement and without use of such other Party’s Intellectual Property Rights, Know How or other Confidential Information.

Excluded IP. Except for those rights expressly granted under this Agreement, nothing herein shall be construed as creating, granting or conveying to one Party any licence, right, title or other interest in or to any Intellectual Property Rights and Know or Know-How owned or controlled by the other Party or its Affiliates: 12.1.1. : (i) existing prior to the Effective Date; or 12.1.2. or (ii) independently discovered and developed during the Term term of this Agreement by such other Party or its Affiliates other than in performance of its obligations under this Agreement and without use of such other Party’s Intellectual Property Rights, Know or Know-How rights or other Confidential Information.. CONFIDENTIAL

Excluded IP. Except for those rights expressly granted under this Agreement, nothing herein shall be construed as creating, granting or conveying to one Party any licencelicense, rightrights, title or other interest in or to any Intellectual Property Rights intellectual property rights and Know How owned or controlled by the other Party or its Affiliates: 12.1.1. : (i) existing prior to the Effective Date; or 12.1.2. or (ii) independently discovered and developed during the Term term of this Agreement by such other Party or its Affiliates other than in performance of its obligations under this Agreement and without use of such other Party’s Intellectual Property Rightsintellectual property rights, Research Materials, Know How or other Confidential Information.