Common use of Joint Ownership Clause in Contracts

Joint Ownership. (…) Where Results are generated from work carried out jointly by two or more Parties and it is not possible to separate such joint invention, design or work for the purpose of applying for, obtaining and/or maintaining the relevant patent protection or any other intellectual property right, the Par- ties shall have joint ownership of this work … Unless otherwise agreed: - each of the joint owners shall be entitled to use their jointly owned Results for non-commercial research activities on a royalty-free basis - each of the joint owners shall be entitled to otherwise Exploit the jointly owned Results and to grant non-exclusive licenses to third parties (without any right to sub-license), if the other joint owners are given o at least 45 days prior notice; and o fair and reasonable compensation.

Joint Ownership. (…) Where Results are generated from work carried out jointly by two or more Parties and it is not possible to separate such joint invention, design or work for the purpose of applying for, obtaining and/or maintaining the relevant patent protection or any other intellectual property right, the Par- ties Parties shall have joint ownership of this work … Unless otherwise agreed: - each of the joint owners shall be entitled to use their jointly owned Results for non-non- commercial research activities on a royalty-free basis - each of the joint owners shall be entitled to otherwise Exploit the jointly owned Results and to grant non-exclusive licenses to third parties (without any right to sub-license), if the other joint owners are given o at least 45 days prior notice; and o fair and reasonable compensation.