Common use of Intellectual Property Rights; Licenses Clause in Contracts

Intellectual Property Rights; Licenses. 4.5.1 Buyer hereby grants a non-exclusive, non-assignable license, which is revocable with or without cause at any time, to Seller to use any information, drawings, specifications, computer software, know-how and other data furnished or paid for by Buyer hereunder for the sole purpose of performing this Order for Buyer. 4.5.2 Buyer shall own exclusively all rights in ideas, inventions, works of authorship, strategies, plans and data created in or resulting from Seller’s performance under this Order, including all patent rights, copyrights, moral rights, rights in proprietary information, database rights, trademark rights and other intellectual property rights. All such intellectual property that is protectable by copyright will be considered: (a) work(s) made for hire for Buyer; (b) Seller will give Buyer “first owner” status related to the work(s) under local copyright law where the work(s) was created; or (c) if the Governing Law (defined in Section 17) does not allow Buyer to gain ownership of such intellectual property, Seller hereby grants to Buyer an exclusive, transferable, irrevocable, perpetual and worldwide license for such intellectual property. Any royalty fees for the grant to Buyer are covered by the consideration as per the Order. 4.5.3 If by operation of law any such intellectual property is not owned in its entirety by Xxxxx automatically upon creation, then Seller agrees to transfer and assign to Buyer, and hereby transfers and assigns to Buyer, exclusively the entire right, title and interest throughout the world to such intellectual property. Xxxxxx further agrees to enter into and execute any documents that may be required to transfer or assign ownership in and to any such intellectual property to Xxxxx.

Intellectual Property Rights; Licenses. 4.5.1 4.5.1. Buyer hereby grants Seller a non-exclusive, non-assignable licenseassignable, royalty- free license (which is revocable with or without cause at any time, to Seller ) to use any information, drawings, specifications, computer software, know-how and other data furnished or paid for acquired by Buyer hereunder for the sole purpose of performing this Order for Buyer. 4.5.2 4.5.2. Buyer shall own exclusively all rights in ideas, inventions, works of authorship, strategies, plans and data created in or resulting from SellerXxxxxx’s performance under this Order, including all patent rights, copyrights, moral rights, rights in proprietary information, database rights, trademark rights and other intellectual property rights. All such intellectual property that is protectable by copyright will be considered: (a) considered work(s) made for hire for Buyer; (b) Buyer under the U.S. Copyright Act and the same or equivalent under all other domestic and foreign intellectual property laws and, if such concept is not recognized, Seller will give Buyer “first owner” status related to the work(s) under local copyright law where the work(s) was created; or (c) if the Governing Law (defined in Section 17) does not allow Buyer to gain ownership of such intellectual property, Seller hereby grants to Buyer an exclusive, transferable, irrevocable, perpetual and worldwide license for such intellectual property. Any royalty fees for the grant to Buyer are covered by the consideration as per the Orderall applicable laws. 4.5.3 4.5.3. If by operation of law any such intellectual property is not owned in its entirety by Xxxxx automatically upon creation, then Seller Xxxxxx agrees to transfer and assign to Buyer, and hereby transfers and assigns to Buyer, exclusively the entire right, title and interest throughout the world to such intellectual property. Xxxxxx further agrees to enter into and execute any documents that may be required to transfer or assign ownership in and to any such intellectual property to Xxxxx. Seller hereby irrevocably and unconditionally appoints Buyer as Xxxxxx’s attorney-in-fact to execute and deliver any such documents, and to take any and all other actions necessary to transfer or assign ownership in and to any such intellectual property to Buyer. 4.5.4. In regard to software embedded in Buyer’s goods or for servicing Buyer’s goods that is not Buyer’s property, Seller grants to Buyer and its affiliated companies and its and their respective contractors, agents and customers a non-exclusive, worldwide, irrevocable, perpetual, royalty-free right to use, perform, re-sell, sublicense, and distribute such embedded software as an integral part of such goods or for servicing the goods, or to secure such license from a third party owner of such embedded software.

Intellectual Property Rights; Licenses. 4.5.1 Buyer hereby grants a non-exclusive, non-assignable license, which is revocable with or without cause at any time, to Seller to use any information, drawings, specifications, computer software, know-how and other data furnished or paid for by Buyer hereunder for the sole purpose of performing this Order for Buyer. 4.5.2 Buyer shall own exclusively all rights in ideas, inventions, works of authorship, strategies, plans and data created in or resulting from Seller’s performance under this Order, including all patent rights, copyrights, moral rights, rights in proprietary information, database rights, trademark rights and other intellectual property rights. All such intellectual property that is protectable by copyright will be considered: (a) work(s) made for hire for Buyer; (b) Seller will give Buyer “first owner” status related to the work(s) under local copyright law where the work(s) was created; or (c) if the Governing Law (defined in Section 17) does not allow Buyer to gain ownership of such intellectual property, Seller hereby grants to Buyer an exclusive, transferable, irrevocable, perpetual and worldwide license for such intellectual property. Any royalty fees for the grant to Buyer are covered by the consideration as per the Order. 4.5.3 If by operation of law any such intellectual property is not owned in its entirety by Xxxxx automatically upon creation, then Seller agrees to transfer and assign to Buyer, and hereby transfers and assigns to Buyer, exclusively the entire right, title and interest throughout the world to such intellectual property. Xxxxxx further agrees to enter into and execute any documents that may be required to transfer or assign ownership in and to any such intellectual property to Xxxxx.4.5

Intellectual Property Rights; Licenses. 4.5.1 Buyer hereby grants a non-exclusive, non-assignable license, which is revocable with or without cause at any time, to Seller to use any information, drawings, specifications, computer software, know-how and other data furnished or paid for by Buyer hereunder for the sole purpose of performing this Order for Buyer. 4.5.2 Buyer shall own exclusively all rights in ideas, inventions, works of authorship, strategies, plans and data created in or resulting from Seller’s performance under this Order, including all patent rights, copyrights, moral rights, rights in proprietary information, database rights, trademark rights and other intellectual property rights. All such intellectual property that is protectable by copyright will be considered: (a) considered work(s) made for hire for Buyer; Buyer as defined under the U.S. Copyright Act (b) 17 USC 101, or the Seller will give the Buyer “first owner” status related to the work(s) under the local copyright law where the work(s) was created; or (c) if the Governing Law (defined in Section 17) does not allow Buyer to gain ownership of such intellectual property, Seller hereby grants to Buyer an exclusive, transferable, irrevocable, perpetual and worldwide license for such intellectual property. Any royalty fees for the grant to Buyer are covered by the consideration as per the Order. 4.5.3 If by operation of law any such intellectual property is not owned in its entirety by Xxxxx automatically upon creation, then Seller agrees to transfer and assign to Buyer, and hereby transfers and assigns to Buyer, exclusively the entire right, title and interest throughout the world to such intellectual property. Xxxxxx further agrees to enter into and execute any documents that may be required to transfer or assign ownership in and to any such intellectual property to Xxxxx. 4.5.4 In regard to software embedded in Buyer’s goods or for servicing Buyer’s goods that is not Buyer’s Property, Seller grants to Buyer and its Affiliates, contractors, agents and customers a non-exclusive, worldwide, irrevocable, perpetual, royalty-free right to use, perform, re-sell,, sublicense, and distribute such embedded software as an integral part of such goods or for servicing the goods, or to secure such license from a third party owner of such embedded software.