Common use of Intellectual Property Rights License Clause in Contracts

Intellectual Property Rights License. 2.1 All right, title, interest and intellectual property rights in the Licensed Materials (including but not limited to, copyrights, trademarks, service marks, patents, trade secrets, and ancillary rights) shall solely vest in PTV or its licensors. 2.2 PTV reserves the right to technically protect the Licensed Materials against illegitimate copying, use or distribution with security devices such as dongles, passwords or similar protections. 2.3 PTV hereby grants the Customer a revocable, non-exclusive and non-transferable (except as otherwise expressly provided herein) license and right to use the Licensed Materials solely for Customer’s internal purposes (the “License”). The Customer agrees to uphold any contractual provisions and restrictions regarding the use of the Licensed Materials (e.g., limitation of the number of users, installations, term, territory area, scope, etc.) and agrees to use adequate technical measures to ensure compliance with such provisions and restrictions. The Customer shall be responsible and liable for any and all obligations hereunder and any acts and/or omissions of any users of the License. 2.4 The Customer’s License shall commence pursuant to Paragraph 5 herein. For the Software, the Customer’s right to use is limited to the object code version only and shall not include the source code. PTV shall not be under the obligation to provide the Customer with any source code. 2.5 PTV reserves all rights not expressly granted to the Customer hereunder, and any use of the Licensed Materials not explicitly allowed in this License Agreement is subject to the prior written consent of PTV, which PTV may give in its sole discretion.

Intellectual Property Rights License. 2.1 ‌ 2.1. All right, title, interest and intellectual property rights in the Licensed Materials (including but not limited to, copyrights, trademarks, service marks, patents, trade secrets, and ancillary rights) shall solely vest in PTV or its licensors. 2.2 2.2. PTV reserves the right to technically protect the Licensed Materials against illegitimate copying, use or distribution with security devices such as dongles, passwords or similar protections. 2.3 2.3. PTV hereby grants the Customer a revocable, non-exclusive and non-transferable (except as otherwise expressly provided herein) license and right to use the Licensed Materials solely for Customer’s internal purposes (the “License”). The Customer agrees to uphold any contractual provisions and restrictions regarding the use of the Licensed Materials (e.g., limitation of the number of users, installations, term, territory area, scope, etc.) and agrees to use adequate technical measures to ensure compliance with such provisions and restrictions. The License granted to the Customer may be granted for a limited period of time (“Time-Limited License”) or for an unlimited period of time (“Lifetime License”). The Customer's Time-Limited License is non-exclusive, limited in time, non-transferable, revocable and non- sublicensable and may only be used during the contract term exclusively for Customer’s internal business operations as an end user. The Customer's Lifetime License is non-exclusive, perpetual, irrevocable, non-sublicensable and may be used exclusively for Customer’s internal business operations as an end user. The Parties may agree on further restrictions regarding the duration, territory, and scope of the License. The Customer shall be responsible and liable for any and all obligations hereunder and any acts and/or omissions of any users of the License. 2.4 2.4. The Customer’s License shall commence pursuant to Paragraph 5 herein. For the Software, the Customer’s right to use the Software is limited to the object code version only and shall not include the source code. PTV shall not be under the obligation to provide the Customer with any source code. 2.5 2.5. PTV reserves all rights not expressly granted to the Customer hereunder, and any use of the Licensed Materials not explicitly allowed in this License Agreement is subject to the prior written consent of PTV, which PTV may give in its sole discretion.

Intellectual Property Rights License. 2.1 All right, title, interest and intellectual property rights in the Licensed Materials (including but not limited to, copyrights, trademarks, service marks, patents, trade secrets, and ancillary rights) shall solely vest in PTV or its licensors. 2.2 PTV reserves the right to technically protect the Licensed Materials against illegitimate copying, use or distribution with security devices such as dongles, passwords or similar protections. 2.3 PTV hereby grants the Customer a revocable, non-exclusive and non-transferable (except as otherwise expressly provided herein) license and right to use the Licensed Materials solely for Customer’s internal purposes (the “License”). The Customer agrees to uphold any contractual provisions and restrictions regarding the use of the Licensed Materials (e.g., limitation of the number of users, installations, term, territory area, scope, etc.) and agrees to use adequate technical measures to ensure compliance with such provisions and restrictions. The License granted to the Customer may be granted for a limited period of time (“Time-Limited License”) or for an unlimited period of time (“Lifetime License”). The Customer's Time-Limited License is non-exclusive, limited in time, non-transferable, revocable and non-sublicensable and may only be used during the contract term exclusively for Customer’s internal business operations as an end user. The Customer's Lifetime License is non-exclusive, perpetual, irrevocable, non-sublicensable and may be used exclusively for Customer’s internal business operations as an end user. The Parties may agree on further restrictions regarding the duration, territory, and scope of the License. The Customer shall be responsible and liable for any and all obligations hereunder and any acts and/or omissions of any users of the License. 2.4 The Customer’s License shall commence pursuant to Paragraph 5 herein. For the Software, the Customer’s right to use the Software is limited to the object code version only and shall not include the source code. PTV shall not be under the obligation to provide the Customer with any source code. 2.5 PTV reserves all rights not expressly granted to the Customer hereunder, and any use of the Licensed Materials not explicitly allowed in this License Agreement is subject to the prior written consent of PTV, which PTV may give in its sole discretion.