Common use of Intellectual Property Ownership and Protection Clause in Contracts

Intellectual Property Ownership and Protection. 7.1 Principal Investigator shall provide to University and Sponsor a complete written disclosure of any University Intellectual Property or Joint Intellectual Property conceived and/or made during the Agreement Term in performance of the Project. Sponsor shall advise University in writing, no later than thirty (30) days after receipt of such disclosure, whether it requests University to file and prosecute a patent, copyright, or other intellectual property application related to such University Intellectual Property or Joint Intellectual Property. If Sponsor does not request University to file and prosecute such patent applications (or decides not to continue with prosecution or maintenance of applications), University may proceed (or continue) with such preparation and prosecution at its own cost and expense; but such patent applications shall be excluded from Sponsor’s option under Article 8. 7.2 University shall control the preparation and prosecution of all patent applications and the maintenance of all patents related to University Intellectual Property or Joint Intellectual Property. Sponsor shall reimburse University upon receipt of invoice for all documented expenses incurred in connection with the filing and prosecution of the patent applications and maintenance of patents that Sponsor has requested University to prosecute under Article 7.1. 7.3 The preparation, prosecution, and maintenance of copyright, trademark and other intellectual property applications for the University Intellectual Property shall also be subject to the provisions of this Article 7. 7.4 All rights and title to University Intellectual Property shall belong to University and shall be subject to the terms and conditions of this Agreement. 7.5 Joint Intellectual Property shall be jointly owned by the parties and shall be subject to the terms and conditions of this Agreement. 7.6 All rights and title to Sponsor Intellectual Property shall belong to Sponsor and shall not be subject to the terms and conditions of this Agreement.

Intellectual Property Ownership and Protection. 7.1 8.1 Principal Investigator shall provide to University and Sponsor a complete written disclosure of any University Intellectual Property or Joint Intellectual Property conceived and/or made during the Agreement Term in performance of the Project. Sponsor shall advise University in writing, no later than thirty (30) days after receipt of such disclosure, whether it requests University to file and prosecute a patent, copyright, or other intellectual property application related to such University Intellectual Property or Joint Intellectual Property. If Sponsor does not request University to file and prosecute such patent applications (or decides not to continue with prosecution or maintenance of applications), University may proceed (or continue) with such preparation and prosecution at its own cost and expense; but such patent applications shall be excluded from Sponsor’s option under Article 89. 7.2 8.2 University shall control the preparation and prosecution of all patent applications and the maintenance of all patents related to University Intellectual Property or Joint Intellectual Property. Sponsor shall reimburse University upon receipt of invoice for all documented expenses incurred in connection with the filing and prosecution of the patent applications and maintenance of patents that Sponsor has requested University to prosecute under Article 7.18.1. 7.3 8.3 The preparation, prosecution, and maintenance of copyright, trademark and other intellectual property applications for the University Intellectual Property shall also be subject to the provisions of this Article 78. 7.4 8.4 All rights and title to University Intellectual Property shall belong to University and shall be subject to the terms and conditions of this Agreement. 7.5 8.5 Joint Intellectual Property shall be jointly owned by the parties and shall be subject to the terms and conditions of this Agreement. 7.6 8.6 All rights and title to Sponsor Intellectual Property shall belong to Sponsor and shall not be subject to the terms and conditions of this Agreement.