Common use of Jointly Developed Intellectual Property Clause in Contracts

Jointly Developed Intellectual Property. In the event that the Parties jointly develop Intellectual Property, the Parties will engage in good faith negotiations to establish their respective rights. In the event the Parties cannot reach an agreement with regard to such jointly developed property, each Party will have equal ownership and rights in what such Intellectual Property is concerned, without further obligation and without a duty to account to the other Party.

Jointly Developed Intellectual Property. In the event that the Parties parties jointly develop Intellectual Property, the Parties parties will engage in good faith negotiations to establish their respective rights. In the event the Parties parties cannot reach an agreement with regard to such jointly developed property, each Party party will have equal ownership and rights in what such Intellectual Property is concernedintellectual property, without further obligation and without a duty to account to the other Partyparty.

Jointly Developed Intellectual Property. In the event that the The Parties jointly develop Intellectual Property, the Parties will engage shall work together in good faith negotiations to establish their respective rights. In the event the Parties cannot reach an agreement with regard protect all rights to such jointly developed property, each Party will have equal ownership and rights in what such concerning any Intellectual Property is concerned, without further obligation and without a duty to account jointly developed. Each party shall grant to the other PartyParty a right to use the Jointly Developed Intellectual Property under the terms of this Agreement. Following termination of this Agreement for any reason, each party shall have the joint right to freely use jointly Developed Intellectual Property.

Jointly Developed Intellectual Property. In the event that any Intellectual Property Rights are jointly developed by the Parties jointly develop Intellectual Propertypursuant to this Agreement, the Parties will engage in good faith negotiations to establish their respective rights. In the event the Parties cannot reach an agreement with regard to such shall jointly developed property, each Party will have equal ownership and rights in what own such Intellectual Property is concernedRights, and each Party shall have an undivided interest in and to such Intellectual Property Rights. The Parties shall jointly and severally protect, defend, and enforce such Intellectual Property Rights, and neither Party shall take any action that might prejudice or damage such Intellectual Property Rights without further obligation and without a duty to account to the prior written consent of the other Party.

Jointly Developed Intellectual Property. In the event that the Parties institutions jointly develop Intellectual Property, the Parties institutions will engage in good faith negotiations to establish their respective rights. In the event the Parties institutions cannot reach an agreement with regard to such jointly developed property, each Party party will have equal ownership and rights in what such Intellectual Property is concernedintellectual property, without further obligation and without a duty to account to the other Partyparty.

Jointly Developed Intellectual Property. In the event that the Parties any parties jointly develop Intellectual Property, the Parties will parties shall engage in good faith negotiations to establish their respective rights. In the event the Parties parties cannot reach an agreement with regard to such jointly developed property, each Party party will have equal ownership and rights in what such Intellectual Property is concernedintellectual property, without further obligation and without a duty to account to the other Partyparty.