Joint Information and Inventions Clause Samples

Joint Information and Inventions. With respect to Joint Information and Inventions, Pfizer shall have the first right to file, control prosecution of and maintain patent applications within the Joint Patent Rights in the joint names of the Parties, at its own expense. Pfizer may elect not to file, prosecute or maintain any such patent applications in any country in the Territory and if so, Pfizer shall notify Arvinas and Arvinas shall have the right to file, prosecute and maintain such patent applications in the joint names of the Parties, at Arvinas’ own expense in any or all countries in the Territory in which Pfizer has elected not to file, prosecute or maintain such patent applications, subject to Section 7.2.2(c).
Joint Information and Inventions. MERCK shall have the first right and option to file and prosecute patent applications included in Joint Patent Rights, and maintain any patents included in Joint Patent Rights, at MERCK’s expense. MERCK shall provide AVEO with an opportunity to review and comment on any papers to be filed in any patent office prior to their submission relating to each Non-MAP Collaboration Target. MERCK shall promptly give notice to AVEO of the allowance, grant, lapse, revocation, surrender, invalidation or abandonment of any Joint Patent Rights for which MERCK is responsible for the filing, prosecution and maintenance. If MERCK declines to file and prosecute any such patent application or maintain any such patents covering any Joint Patent Rights, it shall give AVEO reasonable notice to this effect and thereafter AVEO may, upon written notice to MERCK, file and prosecute such patent applications and maintain such patents in MERCK’s and AVEO’s names.
Joint Information and Inventions. (i) AVEO hereby assigns and agrees to assign to MERCK a one-half undivided interest in and to any and all Joint Information and Inventions and Joint Patent Rights that are solely developed or invented by AVEO or other persons not employed by MERCK acting on behalf of AVEO. (ii) MERCK hereby assigns and agrees to assign to AVEO a one-half undivided interest in and to any and all Joint Information and Inventions and Joint Patent Rights that are solely developed or invented by MERCK or other persons not employed by AVEO acting on behalf of MERCK. (iii) Each Party shall execute such documents and perform such acts as may be reasonably necessary to effect the assignments to the other Party in a timely manner set forth in this Section 7.4(b). In connection with any filing, prosecution, maintenance, interference, opposition, reissue or reexamination proceeding relating to Joint Patent Rights or MERCK Patent Rights, each Party agrees to cooperate fully and to provide the other Party with any information or assistance that such other Party reasonably requests.
Joint Information and Inventions. MERCK shall have the exclusive right and option to file and prosecute any patent applications and to maintain any patents covering Joint Information and Inventions owned jointly by MERCK and NITROMED, upon appropriate consultation with NITROMED including an opportunity to review and comment on any papers to be filed in any patent office prior to their submission. If MERCK declines the option to file and prosecute any such patent applications or maintain any such patents covering any such Joint Information and Inventions, it shall give NITROMED reasonable notice to this effect and thereafter NITROMED may, upon written notice to MERCK, file and prosecute such patent applications and maintain such patents jointly in both Parties' names.