Foreground Intellectual Property. 6.1 In the event that the Receiving Party makes or observes any new discovery, improvement or invention (“Invention”) relating to the Confidential Information of the Disclosing Party, then the Receiving Party shall as soon as reasonably practicable bring this to the attention of the Disclosing Party. 6.2 The Receiving Party shall not make, or seek to make, commercial gain from such an Invention, or make any patent application or secure any other proprietary rights to legally protect any such Invention, except with the prior written agreement of the Disclosing Party. 6.3 The Disclosing Party will, at all times, retain the right to use an Invention.
Appears in 5 contracts
Samples: Non Disclosure and Confidentiality Agreement, Non Disclosure and Confidentiality Agreement, Non Disclosure and Confidentiality Agreement
