Common use of Intellectual Property and Know-How Necessary for the Business Clause in Contracts

Intellectual Property and Know-How Necessary for the Business. Except as set forth in Schedule 7, Priveco is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, and other adverse claims, and has the right to use without payment to a third party of all the Intellectual Property Assets. Except as set forth in Schedule 7, all former and current employees and contractors of Priveco have executed written contracts, agreements or other undertakings with Priveco that assign all rights to any inventions, improvements, discoveries, or information relating to the business of Priveco. No employee, director, officer or shareholder of Priveco owns directly or indirectly in whole or in part, any Intellectual Property Asset which Priveco is presently using or which is necessary for the conduct of its business. To the best knowledge of Priveco, no employee or contractor of Priveco has entered into any contract or agreement that restricts or limits in any way the scope or type of work in which the employee may be engaged or requires the employee to transfer, assign, or disclose information concerning his work to anyone other than Priveco.

Intellectual Property and Know-How Necessary for the Business. Except as set forth in Schedule 76, Priveco is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, and other adverse claims, and has the right to use without payment to a third party of all the Intellectual Property Assets. Except as set forth in Schedule 76, all former and current employees and contractors of Priveco have executed written contracts, agreements or other undertakings with Priveco that assign all rights to any inventions, improvements, discoveries, or information relating to the business of Priveco. No employee, director, officer or shareholder of Priveco owns directly or indirectly in whole or in part, any Intellectual Property Asset which Priveco is presently using or which is necessary for the conduct of its business. To the best knowledge of Priveco, no employee or contractor of Priveco has entered into any contract or agreement that restricts or limits in any way the scope or type of work in which the employee may be engaged or requires the employee to transfer, assign, or disclose information concerning his work to anyone other than Priveco.

Intellectual Property and Know-How Necessary for the Business. Except as set forth in Schedule 79, Priveco is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, and other adverse claims, and has the right to use without payment to a third party of all the Intellectual Property Assets. Except as set forth in Schedule 79, all former and current employees and contractors of Priveco have executed written contracts, agreements or other undertakings with Priveco that assign all rights to any inventions, improvements, discoveries, or information relating to the business of Priveco. No employee, director, officer or shareholder of Priveco owns directly or indirectly in whole or in part, any Intellectual Property Asset which Priveco is presently using or which is necessary for the conduct of its business. To the best knowledge of Priveco, no employee or contractor of Priveco has entered into any contract or agreement that restricts or limits in any way the scope or type of work in which the employee may be engaged or requires the employee to transfer, assign, or disclose information concerning his work to anyone other than Priveco.

Intellectual Property and Know-How Necessary for the Business. Except as set forth in Schedule 7C, Priveco is the owner of all right, title, title and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, encumbrances and other adverse claims, and has the right to use of all the Intellectual Property Assets without payment to a third party of all the Intellectual Property Assetsparty. Except as set forth in Schedule 7C, all former and current employees and contractors of Priveco have executed written contracts, agreements or other undertakings with Priveco that assign all rights to any inventions, improvements, discoveries, discoveries or information relating to the business of Priveco. No employee, director, officer or shareholder of Priveco owns owns, directly or indirectly indirectly, in whole or in part, any Intellectual Property Asset Assets which Priveco is presently using or which is necessary for the conduct of its business. To the best knowledge of Priveco, no employee or contractor of Priveco has entered into any contract or agreement that restricts or limits in any way the scope or type of work in which the employee may be engaged or requires the employee to transfer, assign, assign or disclose information concerning his work to anyone other than Priveco.

Intellectual Property and Know-How Necessary for the Business. Except as set forth in Schedule 7A, Priveco is the owner of all right, title, title and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, encumbrances and other adverse claims, and has the right to use of all the Intellectual Property Assets without payment to a third party of all the Intellectual Property Assetsparty. Except as set forth in Schedule 7A, all former and current employees and contractors of Priveco have executed written contracts, agreements or other undertakings with Priveco that assign all rights to any inventions, improvements, discoveries, discoveries or information relating to the business of Priveco. No employee, director, officer or shareholder of Priveco owns owns, directly or indirectly indirectly, in whole or in part, any Intellectual Property Asset Assets which Priveco is presently using or which is necessary for the conduct of its business. To the best knowledge of Privecothe Selling Shareholder, no employee or contractor of Priveco has entered into any contract or agreement that restricts or limits in any way the scope or type of work in which the employee may be engaged or requires the employee to transfer, assign, assign or disclose information concerning his work to anyone other than Priveco.

Intellectual Property and Know-How Necessary for the Business. Except as set forth in Schedule 7, Priveco is the owner of all right, title, and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, and other adverse claims, and has the right to use without payment to a third party of all the Intellectual Property Assets. Except as set forth in Schedule 7, all former and current employees and contractors of Priveco have executed written contracts, agreements or other undertakings with Priveco that assign all rights to any inventions, improvements, discoveries, or information relating to the business of Priveco. No employee, director, officer or shareholder of Priveco owns directly or indirectly in whole or in ion part, any Intellectual Property Asset which Priveco is presently using or which is necessary for the conduct of its business. To the best knowledge of Priveco, no employee or contractor of Priveco has entered into any contract or agreement that restricts or limits in any way the scope or type of work in which the employee may be engaged or requires the employee to transfer, assign, or disclose information concerning his work to anyone other than Priveco.

Intellectual Property and Know-How Necessary for the Business. Except as set forth in Schedule 7D, Priveco is the owner of all right, title, title and interest in and to each of the Intellectual Property Assets, free and clear of all liens, security interests, charges, encumbrances, encumbrances and other adverse claims, and has the right to use of all the Intellectual Property Assets without payment to a third party of all the Intellectual Property Assetsparty. Except as set forth in Schedule 7D, all former and current employees and contractors of Priveco have executed written contracts, agreements or other undertakings with Priveco that assign all rights to any inventions, improvements, discoveries, discoveries or information relating to the business of Priveco. No employee, director, officer or shareholder of Priveco owns owns, directly or indirectly indirectly, in whole or in part, any Intellectual Property Asset Assets which Priveco is presently using or which is necessary for the conduct of its business. To the best knowledge of Priveco, no employee or contractor of Priveco has entered into any contract or agreement that restricts or limits in any way the scope or type of work in which the employee may be engaged or requires the employee to transfer, assign, assign or disclose information concerning his work to anyone other than Priveco.