Common use of Licensing of Inventions Clause in Contracts

Licensing of Inventions. With respect to any invention or discovery made or conceived in the course of or under this Annex by personnel of one Participant (the Assigning Participant) or its contractors while assigned to the other Participant (the Recipient Participant) or its contractors in connection with exchanges of scientists, engineers and other specialists: (1) The Recipient Participant shall acquire all right, title and interest in and to any such invention or discovery in its own country and in third countries, subject to a non-exclusive, irrevocable, royalty-free licence in all such countries to the Assigning Participant, its government and the nationals of its country designated by it; and (2) The Assigning Participant shall acquire all right, title and interest in and to such invention or discovery in its own country, subject to a non-exclusive, irrevocable, royalty-free licence to the Recipient Participant, its government and the nationals of its country designated by it. Each Participant also agrees to license such invention or discovery to all Agency Participating Countries on reasonable terms and conditions for use in their own country in order to meet their energy needs.

Appears in 2 contracts

Samples: Stellarator Heliotron Implementing Agreement, Implementing Agreement for Co Operation in Development of the Stellarator Heliotron Concept

AutoNDA by SimpleDocs

Licensing of Inventions. With respect to any invention or discovery made or conceived in the course of or under this Annex Task by personnel of one Participant (the Assigning Participant) or its contractors while assigned to the other Participant (the Recipient Participant) or its contractors in connection with exchanges (other than assignment of experts of scientists, engineers and other specialists: (1) The Recipient Participant shall acquire all right, title and interest in and to any such invention or discovery in its own country and in third countries, subject to a non-exclusive, irrevocable, royalty-free licence in all such countries to the Assigning Participant, its government and the nationals of its country designated by it; and (2) The Assigning Participant shall acquire all right, title and interest in and to such invention or discovery in its own country, subject to a non-exclusive, irrevocable, royalty-free licence to the Recipient Participant, its government and the nationals of its country designated by it. Each Participant also agrees to license such invention or discovery to all Agency Participating Countries on reasonable terms and conditions for use in their own country in order to meet their energy needs. Appropriate disposition of rights to inventions or other intellectual property made or created by experts on assignment shall be included in the relevant personnel assignment agreement.

Appears in 1 contract

Samples: Implementing Agreement on a Co Operative Programme on Environmental, Safety and Economic Aspects of Fusion Power

AutoNDA by SimpleDocs

Licensing of Inventions. With respect to any invention or discovery made or conceived in the course of or under this Annex Task by personnel of one Participant (the Assigning Participant) or its contractors while assigned to the other Participant (the Recipient Participant) or its contractors in connection with exchanges (other than assignment of experts) of scientists, engineers and other specialists: (1) The Recipient Participant shall acquire all right, title and interest in and to any such invention or discovery in its own country and in third countries, subject to a non-exclusive, irrevocable, royalty-royalty free licence in all such countries to the Assigning Participant, its government and the nationals of its country designated by it; and (2) The Assigning Participant shall acquire all right, title and interest in and to such invention or discovery in its own country, subject to a non-exclusive, irrevocable, royalty-free licence to the Recipient Participant, its government and the nationals of its country designated by it. Each Participant also agrees to license such invention or discovery to all Agency Participating Countries on reasonable terms and conditions for use in their own country in order to meet their energy needs. Appropriate disposition of rights to inventions or other intellectual property made or created by experts on assignment shall be included in the relevant personnel assignment agreement.

Appears in 1 contract

Samples: Implementing Agreement on a Co Operative Programme on Environmental, Safety and Economic Aspects of Fusion Power

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!