Common use of Foreground Intellectual Property Clause in Contracts

Foreground Intellectual Property. The Foreground Intellectual Property rights arising from the UKF project in accordance with the UKF Grant Agreement [please fill in Grant Agreement number] shall be owned as follows: 3.4.1 The Parties agree that to the extent that the Foreground Intellectual Property is generated or developed by the activities and/or intellectual contributions of the persons financed by the UKF it shall vest in and be exclusively owned by CSF, unless otherwise stipulated by the IPR transfer agreement concluded between CSF and the Croatian organization. Parties agree to do whatever is necessary on their part for the successful fulfillment of the before mentioned commitment; 3.4.2 To the extent that the Foreground Intellectual Property is generated or developed by the activities and/or intellectual contributions of the persons financed by the Partner Organization alone, then it shall vest in and be owned by the Partner organization alone; 3.4.3 To the extent that the Foreground Intellectual Property is generated or developed by the activities and/or intellectual contributions of the persons financed jointly by the Partner Organization and UKF, then it shall vest in and be owned jointly and proportionally to their financial contributions by the Partner Organization and CSF. During the Project’s term CSF and Croatian organization respectively, may on request, grant use of such Foreground Intellectual Property to the Partner organization on fair and reasonable terms. The financial terms of exploiting rights of any jointly owned Foreground Intellectual Property will be fair and reasonable in the circumstances and will be negotiated taking into account the financial contributions of the Parties as stipulated Annex I part - “Total project costs with contribution from other sources“ of the UKF Grant Agreement no. [please fill in Grant Agreement number]. 3.4.4 The Partner organization shall not disclose to any third person any part of Foreground Intellectual Property financed in whole or in part by UKF without previously obtaining a written permission of CSF.

Appears in 2 contracts

Samples: Collaboration Agreement, Collaboration Agreement

AutoNDA by SimpleDocs

Foreground Intellectual Property. The Foreground Intellectual Property rights arising from the UKF project in accordance with the UKF Grant Agreement [please fill in Grant Agreement number] shall be owned as follows: 3.4.1 The Parties agree that to the extent that the Foreground Intellectual Property is generated or developed by the activities and/or intellectual contributions of the persons financed by the UKF it shall vest in and be exclusively owned by CSFMZOS, unless otherwise stipulated by the IPR transfer agreement concluded between CSF MZOS and the Croatian organization. . Parties agree to do whatever is necessary on their part for the successful fulfillment of the before mentioned commitment; 3.4.2 To the extent that the Foreground Intellectual Property is generated or developed by the activities and/or intellectual contributions of the persons financed by the Partner Organization alone, then it shall vest in and be owned by the Partner organization alone; 3.4.3 To the extent that the Foreground Intellectual Property is generated or developed by the activities and/or intellectual contributions of the persons financed jointly by the Partner Organization and UKF, then it shall vest in and be owned jointly and proportionally to their financial contributions by the Partner Organization and CSFMZOS. During the Project’s term CSF MZOS and Croatian organization respectively, may on request, grant use of such Foreground Intellectual Property to the Partner organization on fair and reasonable terms. .The financial terms of exploiting rights of any jointly owned Foreground Intellectual Property will be fair and reasonable in the circumstances and will be negotiated taking into account the financial contributions of the Parties as stipulated Annex I part - part- “Total project costs with contribution from other sources“ of the UKF Grant Agreement no. [please fill in Grant Agreement number]. 3.4.4 The Partner organization shall not disclose to any third person any part of Foreground Intellectual Property financed in whole or in part by UKF without previously obtaining a written permission of CSFMZOS.

Appears in 1 contract

Samples: Collaboration Agreement

AutoNDA by SimpleDocs

Foreground Intellectual Property. The Foreground Intellectual Property rights arising from the UKF project in accordance with the UKF Grant Agreement [please fill in Grant Agreement number] shall be owned as follows: 3.4.1 3.3.1 The Parties agree that to the extent that the Foreground Intellectual Property is generated or developed by the activities and/or intellectual contributions of the persons financed by the UKF it shall vest in and be exclusively owned by CSF, unless otherwise stipulated by the IPR transfer agreement concluded between CSF and the Croatian organization. Parties agree to do whatever is necessary on their part for the successful fulfillment of the before mentioned commitment;. For the sake of clarity, this clause does not apply to the activities and/or intellectual contributions of the XXXXXX 3.4.2 3.3.2 To the extent that the Foreground Intellectual Property is generated or developed by the activities and/or intellectual contributions of the persons financed by the Partner Organization alone, then it shall vest solely in and be owned by the Partner organization alonethat generated or developed the Intellectual property; 3.4.3 3.3.3 To the extent that the Foreground Intellectual Property is generated or developed by the activities and/or intellectual contributions of the persons financed jointly by the Partner Organization and UKF, then it shall vest in and be owned jointly and proportionally to their financial contributions by the Partner Organization and CSF. During the Project’s term CSF and Croatian organization respectively, may on request, grant use of such Foreground Intellectual Property to the Partner organization on fair and reasonable termsjointly. The financial terms of exploiting rights of any jointly owned Foreground Intellectual Property will be fair negotiated using commercially reasonable terms between Administering and reasonable in Partner organization(s) which generated or developed the circumstances and will be negotiated taking into account Intellectual Property, after the financial contributions End date of the Parties as stipulated Annex I part - “Total project costs with contribution from other sources“ of the UKF Grant Agreement no. [please fill in Grant Agreement number]. 3.4.4 3.3.4 The Partner organization shall not disclose to any third person any part of Foreground Intellectual Property financed in whole or in part by UKF without previously obtaining a written permission of CSF.

Appears in 1 contract

Samples: Collaboration Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!