Common use of Jabil Existing Intellectual Property Clause in Contracts

Jabil Existing Intellectual Property. Jabil shall retain all right, title and ownership to any Jabil Existing Intellectual Property or Jabil Manufacturing Process, subject to the license granted in this Section 16.1. Jabil grants to Company a worldwide, non-exclusive, fully paid-up, royalty free right and license under Jabil’s intellectual property rights to the Jabil Existing Intellectual Property only insofar as is required for Company to use, sell or distribute the Products provided as part of the Manufacturing Services performed by Jabil pursuant to this Agreement; provided however, that no license to manufacturing processes or manufacturing process improvements shall be granted hereunder, except as required for Company to use, sell or distribute the Products.

Jabil Existing Intellectual Property. Jabil shall retain all right, title and ownership to any Jabil Existing Intellectual Property that is incorporated into any Product that is prepared as part of the Manufacturing Services or as part of any other work provided pursuant to this Agreement or any other related agreement executed by the Parties. Upon full payment of all monies due and owing under this Agreement and all other monies due and owing to Jabil Manufacturing Processpursuant to any other related agreement executed by the Parties, subject to the license granted in this Section 16.1. Jabil grants will grant to Company a worldwide, non-exclusive, fully paid-up, royalty free right and license under Jabil’s intellectual property rights to the Jabil Existing Intellectual Property only insofar as is required for Company to use, sell or distribute the Products Product provided as part of the Manufacturing Services performed by Jabil pursuant to this Agreement; provided however, that no license to manufacturing processes or and/or manufacturing process improvements shall be granted hereunder, except as required for Company to use, sell or distribute the Products.