Common use of Joint Information Clause in Contracts

Joint Information. (a) Lucent will provide to Company a list of jointly developed Intellectual Properties utilized in the jointly developed product when product development design and testing is complete. (b) All Joint Information, except publicly known information, shall, if in written or other tangible form, be marked "PROPRIETARY LUCENT-mPHASE" and shall be maintained confidential by both Parties. (c) Any Joint Information, except publicly known information, if in intangible form shall be reduced to a written or other tangible form within thirty (30) days and marked accordingly. (d) Subject to a Party's preexisting rights in any solely owned information contained in the Joint Information, the Parties shall own the Joint Information jointly. (e) Each Party may use the Joint Information, royalty-free, for any purpose subject to any provisions in this Agreement. A Party may disclose or license the Joint Information, or any portion thereof, to a third party without the permission of and without accounting to, the other party provided that such third party agrees to confidentiality provisions for the Joint Information which are not less restrictive than the provisions herein. Joint Information may be disclosed for purposes of obtaining patent protection pursuant to the provisions of Section 2.04(b). MPhase, Inc. DEVELOPMENT AGREEMENT

Joint Information. (a) Lucent will provide to Company a list of jointly developed Intellectual Properties utilized in the jointly developed product when product development design and testing is complete. (b) All Joint Information, except publicly known information, shall, if in written or other tangible form, be marked "PROPRIETARY LUCENT-mPHASE" and shall be maintained confidential by both Parties. (c) Any Joint Information, except publicly known information, if in intangible form shall be reduced to a written or other tangible form within thirty (30) days and marked accordingly. (d) Subject to a Party's preexisting rights in any solely owned information contained in the Joint Information, the Parties shall own the Joint Information jointly. (e) Each Party may use the Joint Information, royalty-free, for any purpose subject to any provisions in this Agreement. A Party may disclose or license the Joint Information, or any portion thereof, to a third party without the permission of and without accounting to, the other party provided that such third party agrees to confidentiality provisions for the Joint Information which are not less restrictive than the provisions herein. Joint Information may be disclosed for purposes of obtaining patent protection pursuant to the provisions of Section 2.04(b2,04(b). MPhase, Inc. DEVELOPMENT AGREEMENT