Common use of Intellectual Property Rights Assignment Clause in Contracts

Intellectual Property Rights Assignment. To the extent any Intellectual Property Rights used by the Business are owned by any employees, contract workers, directors or officers of Sellers prior to the Closing, Sellers shall, with respect to any such former employees, contract workers, directors and officers, use commercially reasonable efforts to cause such former employees, contract workers, directors and officers to assign their entire interest in such Intellectual Property Rights to Sellers prior to the Closing. At or prior to the Closing, with respect to certain social media sites identified on Schedule 6.12, Seller shall make a Person identified by Buyer a moderator of such accounts in order to provide Buyer access to such accounts.