Common use of Inventors Clause in Contracts

Inventors. royalties The Party to which the inventor/s is/are attributable shall be obliged to pay adequate inventor’s royalties in line with statutory provisions. The obligation to pay the inventor’s royalties shall explicitly also apply to later inventor’s royalties arising from a changed market or value situation. [However, the Industrial Partner shall indemnify and hold harmless the Research Institute for any inventor’s royalties that the Research Institute would be required to pay due to exploitation that does not conform to market practice.]

Inventors. royalties The Party to which the inventor/s is/are attributable shall be obliged to pay adequate inventor’s royalties in line with statutory provisions. The obligation to pay the inventor’s royalties shall explicitly also apply to later inventor’s royalties arising from a changed market or value situation. [However, the Industrial Partner shall indemnify and hold harmless the Research Institute for any inventor’s royalties that the Research Institute would be required to pay due to exploitation that does not conform to market practice.]

Inventors. royalties The Party to which the inventor/s is/are attributable shall be obliged to pay adequate inventor’s royalties in line with statutory provisions. The obligation to pay the inventor’s royalties shall explicitly also apply to later inventor’s royalties arising from a changed market or value situation. [However, 7.4.4. Infringements The Parties shall inform one another of any and all infringements of the Industrial Partner Results subject to this Agreement (Foreground and Background) and shall indemnify and hold harmless the Research Institute for any inventor’s royalties that the Research Institute would be required use their best efforts to pay due to exploitation that does not conform to market practicedefend such rights.]