Common use of INTELLECTUAL PROPERTY AND SOFTWARE LICENSE Clause in Contracts

INTELLECTUAL PROPERTY AND SOFTWARE LICENSE. 14.1. Seller may utilize proprietary works of authorship, pre-existing or otherwise, including without limitation software, computer programs, methodologies, templates, flowcharts, architecture designs, tools, specifications, drawings, sketches, models, samples, records and documentation, as well as Intellectual Property Rights and any derivatives thereof, which have been originated, developed or purchased by Seller or to a parent or affiliated company of Seller (all of the foregoing, collectively, “Seller’s Information”). Seller shall retain at all times ownership of the Seller’s information.