Improvements and New Developments Clause Samples
The "Improvements and New Developments" clause defines how any enhancements, modifications, or entirely new creations related to the subject matter of the agreement are handled between the parties. Typically, this clause specifies ownership rights, obligations to disclose new developments, and whether such improvements are automatically included under the agreement’s terms. For example, if one party invents a new feature or process during the contract period, the clause will clarify who owns the rights to that invention and how it should be reported. Its core function is to prevent disputes over intellectual property by clearly allocating rights and responsibilities for any advancements made during the relationship.
Improvements and New Developments. Nastech shall inform Pohl Boskamp of all improvements and new development of the Nasal Mo▇▇▇▇ne Technology. Nastech shall license such improvements and new developments owned by Nastech or sub-license such improvements and new developments in relation to which Nastech has a license and the ability to grant a sub-license to Pohl Boskamp on the same terms as the licenses granted in Articles 2.▇ ▇ave that no additional royalties shall be paid by Pohl Boskamp for such licenses or sub-licences (as the case may be).
Improvements and New Developments. 2.1 The Company shall not be obligated to inform SEG and STI of any improvements and new developments in respect of or otherwise connected to the Class 1 Know-how and shall not be obligated to assign or license such improvements to SEG or STI.
2.2 The Company shall be the sole owner of such improvements to Class 1 Know-how and shall be entitled to solely apply for patent protection in its discretion.
2.3 SEG and STI shall inform the Company of all improvements achieved in connection with the Class 2-Know-how listed in Appendix B in the Technical Area during the 18 month period following the Signing Date and shall license such improvements to the Company subject to the terms and conditions of this Agreement applicable to Class 2-Know-how.
2.4 The Company shall inform SEG and STI of all improvements which are achieved by the Company (i) during the 18 month period following the Signing Date; and (ii) which are in respect of the Class 2-Know-How transferred to the Company under this Agreement; and (iii) which are related to STI and SEG's on-going businesses (other than improvements exclusively related or connected to Solar Module Products) (the "Class 2-Improvements") The Company shall license Class 2-Improvements to STI and SEG royalty-free and on a non-exclusive basis for use in STI's and SEG's on-going businesses (other than business related or connected to Solar Module Products). The Company, SEG and STI shall be jointly entitled to apply for patent protection regarding Class 2-Improvements, provided patent protection is not related exclusively to Solar Module Products and the Parties will take all actions and execute all documents necessary or appropriate to enable such application. In all other cases of improvements to Class 2-Know-how, the Company shall be the sole owner of such improvements and shall be entitled to solely apply for patent protection in its discretion.
2.5 For the avoidance of doubt, nothing in Sections 2.3 or 2.4 shall require STI, SEG or Sunfilm to disclose or grant rights in respect of any know how or information in respect of which the respective party is under an obligation of confidentiality to a third party.
2.6 If it turns out that SEG and/or STI possess know-how on the Signing Date, including patents or patent applications on or relating to Thin Film Technology which are not subject to this Agreement, but which the Company considers useful for the establishment of the Photovoltaic Facilities or the development and manufacturing...
Improvements and New Developments