Common use of Inventor Compensation Clause in Contracts

Inventor Compensation. Each party will be responsible for providing inventor incentive compensation to its employees under its own internal policies. To the extent that a party bases an inventor’s incentive compensation on a Patent or a Patent application of the other party, the parties will reasonably cooperate by providing to each other relevant information about their Patents for which one or more inventors are employees of the other party. To the extent that inventor compensation is specified by local law, the parties will reasonably cooperate in providing information to each other in order to enable each party to calculate inventor compensation. No party shall have any obligation to provide any inventor incentive compensation to an employee of the other party except as required by law. Any information provided under this Section 6.3 shall be subject to Section 7.1.

Appears in 4 contracts

Samples: Intellectual Property Matters Agreement (Lumentum Holdings Inc.), Intellectual Property Matters Agreement (Viavi Solutions Inc.), Intellectual Property Matters Agreement (Lumentum Holdings Inc.)

AutoNDA by SimpleDocs

Inventor Compensation. Each party Party will be responsible for providing inventor incentive compensation compensation, if any, to its and its Group members’ employees under in accordance with its own internal policiespolicies and any applicable laws and regulations. To the extent that a party Party bases an inventor’s incentive compensation on a Patent or a Patent application of the other partyParty, the parties Parties will reasonably cooperate by providing to each other relevant information about their Patents for which one or more inventors are employees of the other partyParty. To the extent that inventor compensation is specified by local law, such as in Germany and Japan, the parties Parties will reasonably cooperate in providing information to each other in order to enable each party Party to calculate inventor compensation. No party Party shall have any obligation to provide any inventor incentive compensation to an employee of the other party Party except as required by law. Any information provided under this Section 6.3 5.03 shall be subject to Section 7.16.03 and Section 7.09 of the Separation Agreement.

Appears in 3 contracts

Samples: Intellectual Property Agreement, Intellectual Property Agreement (CONDUENT Inc), Intellectual Property Agreement (CONDUENT Inc)

Inventor Compensation. Each party Party will be responsible for providing inventor incentive compensation to its employees under its own internal policies. To the extent that a party Party bases an inventor’s incentive compensation on a Patent or a Patent application of the other partyParty, the parties Parties will reasonably cooperate by providing to each other relevant information about their Patents for which one or more inventors are employees of the other partyParty. To the extent that inventor compensation is specified by local law, such as in Germany and Japan, the parties Parties will reasonably cooperate in providing information to each other in order to enable each party Party to calculate inventor compensation. No party Party shall have any obligation to provide any inventor incentive compensation to an employee of the other party Party except as required by law. Any information provided under this Section 6.3 5.3 shall be subject to Section 7.16.1.

Appears in 3 contracts

Samples: Intellectual Property Matters Agreement (Keysight Technologies, Inc.), Intellectual Property Matters Agreement (Agilent Technologies Inc), Intellectual Property Matters Agreement (Keysight Technologies, Inc.)

Inventor Compensation. Each party Party will be responsible for providing inventor incentive compensation compensation, if any, to its employees under or the employees of any member of their respective Groups, in accordance with its own internal policiespolicies and any applicable laws and regulations. To the extent that a party Party bases an inventor’s incentive compensation on a Patent or a Patent application of the other partyParty, the parties Parties will reasonably cooperate by providing to each other relevant information about their Patents for which one or more inventors are employees of the other partyParty. To the extent that inventor compensation is specified by local law, the parties Parties will reasonably cooperate in providing information to each other in order to enable each party Party to calculate inventor compensation. No party Party shall have any obligation to provide any inventor incentive compensation to an employee of the other party Party except as required by law. Any information provided under this Section 6.3 5.03 shall be subject to the confidentiality provisions Section 7.16.09 of the Separation and Distribution Agreement.

Appears in 3 contracts

Samples: Intellectual Property Matters Agreement (CONSOL Energy Inc.), Intellectual Property Matters Agreement (CNX Resources Corp), Intellectual Property Matters Agreement (CONSOL Mining Corp)

AutoNDA by SimpleDocs

Inventor Compensation. Each party Party will be responsible for providing inventor incentive compensation compensation, if any, to its and its Group members’ employees under in accordance with its own internal policiespolicies and any applicable laws and regulations. To the extent that a party Party bases an inventor’s incentive compensation on a Patent or a Patent application of the other partyParty, the parties Parties will reasonably cooperate by providing to each other relevant information about their Patents for which one or more inventors are employees of the other partyParty. To the extent that inventor compensation is specified by local lawapplicable Law, the parties Parties will reasonably cooperate in providing information to each other in order to enable each party Party to calculate inventor compensation. No party Party shall have any obligation to provide any inventor incentive compensation to an employee of the other party Party except as required by lawapplicable Law. Any information Information provided under this Section 6.3 5.05 shall be subject to Section 7.17.09 (Confidential Information) of the Separation Agreement and Section 6.02 hereof.

Appears in 3 contracts

Samples: Intellectual Property Agreement (Johnson & Johnson), Intellectual Property Agreement (Kenvue Inc.), Intellectual Property Agreement (Kenvue Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!