Common use of Intellectual Property Assignments Clause in Contracts

Intellectual Property Assignments. Newco shall have received from --------------------------------- the Contributing Companies assignments of the Contributing Companies' right, title and interest in the following Intellectual Property Rights included in the Contributed Assets: (i) patents on disc operating system backup and recovery system and on data back-up restore for a computer network (the "PATENT ASSIGNMENT"); (ii) the "Backup Exec" registered trademark (the "TRADEMARK ASSIGNMENT"); and (iii) the copyright on Back-up Exec (the "COPYRIGHT ASSIGNMENT", and, together with the Intellectual Property Rights in clauses (i) and (ii), collectively, the "CORE IP"), each duly executed on behalf of said company and notarized, and in a form reasonably acceptable to VERITAS and acceptable for recording with the United States Copyright Office or the United States Patent and Trademark Office, as applicable. In addition, the Contributing Companies shall have taken such steps in causing the registration of copyrights in the Core IP and the recordation of any previous assignments in the chain of title for the Core IP which are necessary to enable Newco to record the Core IP assignments.

Intellectual Property Assignments. Newco shall have received from --------------------------------- the Contributing Companies assignments of the Contributing Companies' right, title and interest in the following Intellectual Property Rights included in the Contributed Assets: (i) patents on disc operating system backup and recovery system and on data back-up restore for a computer network (the "PATENT ASSIGNMENT"); (ii) the "Backup Exec" registered trademark (the "TRADEMARK ASSIGNMENT"); and (iii) the copyright on Back-up Exec (the "COPYRIGHT ASSIGNMENT", and, together with the Intellectual Property Rights in clauses (i) and (ii), collectively, the "CORE IP"), each duly executed on behalf of said company and notarized, and in a form reasonably acceptable to VERITAS and acceptable for recording with the United States Copyright Office or the United States Patent and Trademark Office, as applicable. In addition, the Contributing Companies shall have taken such steps in causing the registration of copyrights in the Core IP and the recordation of any previous assignments in the chain of title for the Core IP which are necessary to enable Newco to record the Core IP assignments.