Intellectual Property Obligations Sample Clauses
The Intellectual Property Obligations clause defines the responsibilities and rights of each party regarding the creation, ownership, and use of intellectual property (IP) arising from the agreement. It typically outlines who will own any inventions, works, or developments produced during the collaboration, and may specify requirements for disclosing new IP, assigning rights, or granting licenses. This clause ensures that both parties have a clear understanding of how IP will be managed, thereby preventing disputes over ownership and use of intellectual property created under the contract.
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Intellectual Property Obligations. Employee agrees and acknowledges that all activities in which Employee was engaged during the course of Employee’s employment with the Company were conducted for the benefit of the Company. As such, any and all inventions, conceptions, discoveries, processes, applications, plans, presentations, strategies and improvements of current or future Company products or services, whether or not patentable or copyrightable, that Employee may have solely or jointly conceived, discovered, made or reduced to practice during the period of Employee’s employment with the Company (whether or not conceived, discovered, made or reduced to practice by the Employee at the Company’s facilities or during regular business hours or utilizing resources of the Company), and which related in any way to or arose out of the Company’s actual and/or anticipated development or business activities or products, including planned or proposed activities or products (collectively hereinafter referred to as “Inventions”), and the benefits and/or rights resulting therefrom, are the sole and exclusive property of the Company. Further, all original works of authorship, including, but not limited to, any and all reports, plans, presentations, SEPARATION AGREEMENT AND RELEASE OF ALL CLAIMS - Page 4 of 8 publications, software, systems and writing or compilations of data of every kind and description prepared or devised by the Employee or under Employee’s discretion while employed by the Company, and which related to or arose out of the actual and/or anticipated development or business activities or products of the Company (collectively hereinafter referred to as “Works”) are the sole and exclusive property of the Company, including without limitation any Works that may be protectable by copyright or that constitute “works made for hire” as that term is defined in the United States Copyright Act, 17 U.S.C. §101. Employee acknowledges that the Company’s business interests regarding the protection of its intellectual property and trade secrets are extremely valuable and that the Company is prepared to take all necessary legal steps against the Employee or any future employer to prevent the misappropriation of such information. This provision does not apply to an invention which qualifies fully under the provisions of Section 2870 of the California Labor Code.
Intellectual Property Obligations. (a) Sydys accepts all responsibility for maintaining the Patents and paying all of the renewal fees associated with doing so from the Commencement Date;
(b) if Sydys decides to cease payment of renewals for any of the Patents, it must notify Prima in writing at least 30 days prior to the date in which any action needs to be taken to preserve that Patent, in which Prima shall have first rights to resume responsibility of the Patent and the Patent will be removed from the scope of the Sub-Licence;
(c) Sydys must exercise its rights under the Sub-Licence with due care, without danger to any person and in accordance with all applicable laws, and ensure that all Sub-Licensees do so;
(d) Sydys will provide to Prima written annual reports on the progress of the technology commercialisation of the CVAC Intellectual Property on each anniversary of the Commencement Date;
(e) Sydys must co-operate with Prima to satisfy Burnet that the commercialisation undertaken by Sydys pursuant to this Agreement satisfies Prima's obligation under the Burnet License to use reasonable endeavours to Commercialise the CVAC Intellectual Property, including to participate in any commercialisation review undertaken under the Burnet License from time to time.
Intellectual Property Obligations. I understand that I am expected, through my position with the Company, to use my creative and inventive capacities to assist the Company. I agree that during my employment I will promptly disclose to the Company any Intellectual Property that I create, conceive, or contribute to. “Intellectual Property” means any item that would qualify as an Invention or Copyrightable Work. “Copyrightable Works” means all original works of authorship that I prepare, alone or with others, within the scope of my employment with Company or that relate to a line of business that Company is engaged in or may reasonably be anticipated to engage in, including, but not limited to, reports, computer programs, mask works, drawings, designs, documentation and publications. “Inventions” means all intellectual property, inventions, designs, discoveries, innovations, ideas, know-how and/or improvements, whether patentable or not, and whether made by me alone or jointly with others, which (a) relate to the existing or foreseeable business interests of Company, (b) relate to Company’s actual or anticipated research or development, (c) were developed or discovered with the assistance of Company tools, equipment, personnel or other resources, or (d) are suggested by, related to or results from any task assigned to me, Confidential Information provided to me, or work performed by me for or on behalf of the Company.
Intellectual Property Obligations. By signing this Agreement, and in consideration of the terms and conditions of this Agreement, you also agree to comply in all respects with the terms and conditions of the Intellectual Property Agreement, attached hereto as Exhibit A, which is incorporated herein by reference.
Intellectual Property Obligations. All liabilities, responsibilities and obligations whether now existing or hereafter arising in respect of, resulting from or relating to claims of infringement or other misappropriation or misuse of the intellectual property rights (including without limitation patents, trademarks, copyrights, trade secrets and other interests identical or similar to those described in Sections 2.1.7 and 2.1.
Intellectual Property Obligations