Know-How Transferred and Licensed Sample Clauses
Know-How Transferred and Licensed. Infineon and Infineon US will assign and transfer to TriQuint, with effect as at Effective Date, their respective Know-How that exists exclusively within the portions of Sellers’ business within the scope of the Vanessa Transferred Business. With respect to their Know-How that has been used by Sellers and is existent within the scope of the Vanessa Transferred Business, but not exclusively within such scope, Infineon and Infineon US will, as of the effective date, grant TriQuint and its Affiliates a non-exclusive, royalty free, transferable, sublicensable, worldwide right and license to use and exploit all such Know-How, without restriction in terms of time, geographical area and subject-matter, in all forms of usage and exploitation, known now or hereafter, including the right to revise and otherwise modify all such Know-How. Infineon and TriQuint agree that title to all documentation relating to the licensed Know-How which exists within the premises and the workshops of the Vanessa Transferred Business on the Effective Date, shall pass to Purchaser with economic effect as at the Effective Date. TriQuint will accept such assignment.
