Common use of Intellectual Property and Ownership Clause in Contracts

Intellectual Property and Ownership. 4.1 The Licensed Program, and all copies thereof, are proprietary to and the property of GTRC, and title thereto remains in GTRC. All applicable rights in copyrights, patent rights, trademarks and trade secrets in the Licensed Program are and will remain in GTRC. GTRC represents that it has the right to grant the licenses and rights specified in this Agreement and to perform the activities specified in Section 3.1, and further represents that the granting of such licenses and rights and the performance of such activities will not conflict with any agreement GTRC has with any third party. 4.2 In order to protect GTRC’s trademark, copyright, trade secret and other proprietary rights in the Licensed Program, Licensee agrees to reproduce and incorporate GTRC’s copyright notice, trademark notice, and other proprietary markings thereon in any such copies, including partial copies, of the Licensed Program in any form allowed in accordance with this Agreement. . 4.3 Notwithstanding anything in this Agreement to the contrary, Licensee shall own all right, title and interest in all inventions, know-how, information and materials, and all related intellectual property rights, that arise from Licensee’s use of the Licensed Program or the Inventions. 4.4 Nothing in this Agreement nor the delivery of any information to GTRC by Licensee (or any third party acting on Licensee’s behalf) in connection with GTRC’s performance of the activities contemplated under this Agreement shall be deemed to grant to GTRC any right or license under any patents, patent applications, know-how, technology, inventions or other intellectual property of Licensee.