Common use of IP Rights Relating to New Technology Clause in Contracts

IP Rights Relating to New Technology. a. Any developments made during the term and within the scope of this Agreement that are based on, derived from, or are improvements to, and/or reduced to practice by either party to Pre-Existing STRATEC Technology shall be property of STRATEC (New STRATEC Technology).

Appears in 3 contracts

Samples: Stratec Development Agreement (Quotient LTD), Stratec Development Agreement (Quotient LTD), Stratec Development Agreement (Quotient LTD)

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IP Rights Relating to New Technology. a. Any developments made by either Party or both Parties during the term and within the scope of this Agreement that are based on, derived from, or are improvements to, and/or reduced to practice by either party to Pre-Existing STRATEC Technology shall be property of STRATEC (New STRATEC Technology)STRATEC.

Appears in 2 contracts

Samples: Stratec Development Services and Equity Participation Agreement (Quanterix Corp), Stratec Development Services and Equity Participation Agreement (Quanterix Corp)

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