InterTrust Ownership Clause Samples
The InterTrust Ownership clause establishes the rights and responsibilities regarding ownership of intellectual property or assets created or used under the agreement. Typically, this clause clarifies whether InterTrust retains sole ownership, shares ownership with another party, or assigns certain rights to a partner or client. For example, it may specify that any technology, data, or inventions developed during the collaboration remain the exclusive property of InterTrust. The core function of this clause is to prevent disputes over intellectual property by clearly defining who holds ownership and under what conditions, thereby ensuring legal certainty and protecting proprietary interests.
InterTrust Ownership. SSG acknowledges and agrees that, as between -------------------- InterTrust and SSG, InterTrust is the sole and exclusive owner of, and shall retain and hereby reserves (and nothing herein shall alter InterTrust's reservation of) all right title and interest in: (i) the InterTrust Technology, enhancements and modifications thereto, and derivative works thereof created by or for InterTrust, and all Intellectual Property Rights embodied therein; (ii) all Intellectual Property Rights created, or embodied in any works (whether tangible or intangible) created, independently by InterTrust in connection with its performance of this Agreement, including participation in any Cooperative Application Project Plan; and (iii) Modified Technology not owned by SSG pursuant to Section 8.2 hereof, and all Intellectual Property Rights embodied therein (collectively, the "InterTrust Property"). No provision contained in ------------------- this Agreement shall be construed to transfer to SSG or any other Person any title or ownership interest in any InterTrust Property.
InterTrust Ownership. MBC acknowledges and agrees that, as between -------------------- InterTrust and MBC, InterTrust is the sole and exclusive owner of, and shall retain and hereby reserves (and nothing herein shall alter InterTrust's reservation of) all right title and interest in: (i) the InterTrust Technology, enhancements and modifications thereto, and derivative works thereof created by or for InterTrust, and all Intellectual Property Rights embodied therein; (ii) all Intellectual Property Rights created, or embodied in any works (whether tangible or intangible) created, independently by InterTrust in connection with its performance of this Agreement, including participation in the Trading Model Cooperative Project Plan or any Cooperative Application Project Plan; and (ii) Modified Technology not owned by MBC pursuant to Section 8.2 hereof or other modifications or derivative works created by or for MBC that fall outside the scope of its licenses hereunder, and all Intellectual Property Rights embodied therein (collectively, the "InterTrust Property"). No provision contained in ------------------- this Agreement shall be construed to transfer to MBC or any other Person any title or ownership interest in any InterTrust Property.
InterTrust Ownership. 26 -------------------- 8.2 SSG Ownership........................................................... 27 ------------- 8.3 Joint Ownership......................................................... 27 --------------- 8.4 SSG License to InterTrust............................................... 27 -------------------------
InterTrust Ownership. 22 6.2 NatWest Ownership................................................... 22 6.3 NatWest Limited License to InterTrust............................... 23 6.4