Common use of Intellectual Property and Use Clause in Contracts

Intellectual Property and Use. Xxxxx acknowledges, understands and agrees that while Xxxxx is purchasing the physical embodiment of the Product, SolarEdge Technologies Korea retains sole and exclusive ownership of all intellectual property rights and know-how embodied within and related to such Products. Except for the limited right to market, distribute and sell the Products, Buyer is not granted and has no rights in or to any such intellectual property, and, except where specifically permitted by law, shall not, directly or indirectly, modify, reverse engineer or disassemble the Products. Xxxxx further acknowledges and agrees that it is solely liable for any claims of patent, trademark, or intellectual property infringement that may arise as a result of using or integrating the Products in combination with other materials, equipment or processes. In the event that Buyer desires to obtain Products for Buyer’s own internal use, Buyer shall be obligated to enter into a separate agreement with SolarEdge Technologies Korea.