Common use of Joint Improvements Clause in Contracts

Joint Improvements. Any improvement that is made through the joint inventive efforts of Tessera and Licensee shall be deemed a "Joint Improvement" hereunder and shall be the joint property of both Tessera and Licensee, and both Tessera and Licensee shall have a fully-paid, non-assessable, transferable, perpetual, sub-licensable right and license to use such Joint Improvements, but such right and license shall not include any right of license by implication with respect to any part of the Tessera Patents. Licensee and Tessera shall reasonably consult with one another with respect to applying for and maintaining jointly owned patents with respect to such Joint Improvements at shared expense. In the event that one party hereto (the "Notifying Party") notifies the other party that the Notifying Party wishes to apply for or maintain a patent in any country for any such Joint Improvement and the other party hereto does not confirm to the Notifying Party, within thirty (30) days thereafter, that such other party will join in such patent application and share the cost thereof, the Notifying Party shall have a right, at its own expense, to apply for or maintain such patent in its own name, in which case such patent shall be the sole property of the Notifying Party, and the Joint Invention in the country covered by such patent shall be treated as an improvement made solely by the Notifying Party, and shall be subject to the provisions of this Agreement covering such party improvements. The parties hereto shall execute such documents and render such assistance as may be appropriate to enable the party properly having title to such improvements to maintain or obtain patents for the same.

Appears in 2 contracts

Samples: Tessera Confidential (Chippac LTD), Tessera Inc

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Joint Improvements. Any improvement that is made through the joint inventive efforts of Tessera and Licensee shall be deemed a "Joint Improvement" hereunder and shall be the joint property of both Tessera and Licensee, and both Tessera and Licensee shall have a fully-paid, non-assessablenonassessable, transferable, perpetual, sub-licensable right and license to use such Joint ImprovementsImprovements without an accounting to the other party, but such right and license shall not include any right of license by implication with respect to any part of the Tessera PatentsTechnology. Licensee and Tessera shall reasonably consult with one another with respect to applying for and maintaining jointly owned patents with respect to such Joint Improvements at shared expense. In the event that one party hereto (the "Notifying Party") notifies the other party that the Notifying Party wishes to apply for or maintain a patent in any country for any such Joint Improvement and the other party hereto does not confirm to the Notifying Party, within thirty (30) days thereafter, that such other party will join in such patent application and share the cost thereof, the Notifying Party shall have a right, at its own expense, to apply for or maintain such patent in its own namepatent, in which case Tessera and Licensee shall be joint owners of the patent; however, the Notifying Party shall automatically be granted an exclusive, sublicensable, worldwide license from the other party for any such patent shall be for which the sole property other party did not jointly share the costs of the Notifying Partypatent application's application, and the Joint Invention in the country covered by such patent shall be treated as an improvement made solely by the Notifying Party, and shall be subject to the provisions of this Agreement covering such party improvementsprosecution or maintenance. The parties hereto shall execute such documents and render such assistance as may be appropriate to enable the party properly having title to such improvements Improvements to maintain or obtain patents for the same.

Appears in 1 contract

Samples: Tessera Inc

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Joint Improvements. Any improvement that is made through the joint inventive efforts of Tessera and Licensee shall be deemed a "Joint Improvement" hereunder and shall be the joint property of both Tessera and Licensee, and both Tessera and Licensee shall have a fully-paid, * Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. TESSERA CONFIDENTIAL non-assessable, transferable, perpetual, sub-licensable right and license to use such Joint Improvements, but such right and license shall not include any right of license by implication with respect to any part of the Tessera Patents. Licensee and Tessera shall reasonably consult with one another with respect to applying for and maintaining jointly owned patents with respect to such Joint Improvements at shared expense. In the event that one party hereto (the "Notifying Party") notifies the other party that the Notifying Party wishes to apply for or maintain a patent in any country for any such Joint Improvement and the other party hereto does not confirm to the Notifying Party, within thirty (30) days thereafter, that such other party will join in such patent application and share the cost thereof, the Notifying Party shall have a right, at its own expense, to apply for or maintain such patent in its own name, in which case such patent shall be the sole property of the Notifying Party, and the Joint Invention in the country covered by such patent shall be treated as an improvement made solely by the Notifying Party, and shall be subject to the provisions of this Agreement covering such party improvements. The parties hereto shall execute such documents and render such assistance as may be appropriate to enable the party properly having title to such improvements to maintain or obtain patents for the same.

Appears in 1 contract

Samples: Tessera Inc

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