Common use of Intellectual Property Policy Clause in Contracts

Intellectual Property Policy. Sponsoring Institution acknowledges that LLS’s operations partially rely on the payment by funding recipients of royalties on inventions funded (in whole or in part) by LLS research grants. Accordingly, the IP Policy is incorporated herein by reference. If there is any conflict or inconsistency between these Terms and the IP Policy, then the IP Policy will control to the extent of the conflict or inconsistency.

Intellectual Property Policy. Sponsoring Institution acknowledges that LLS’s operations partially rely on the payment by funding recipients of royalties on inventions funded (in whole or in part) by LLS research grants. AccordinglyAttached as Appendix B is the LLS intellectual property policy (“IP Policy”), the IP Policy which is incorporated herein by reference. If there is To the extent of any conflict or inconsistency between these Terms the IP Policy and the IP Policyterms and conditions of this Agreement, then the IP Policy will control to the extent of the conflict or inconsistencygovern.