Common use of Maintenance of Intellectual Property Clause in Contracts

Maintenance of Intellectual Property. Licensor shall, at Licensor’s sole expense, diligently prosecute and maintain intellectual property protection for the Intellectual Property, including by maintaining and filing patent applications, and by taking all steps necessary to ensure that any portion of the Intellectual Property that may be subject to trade secret protection is treated as a trade secret, including by making all reasonable efforts to guard the secrecy of such material.

Appears in 3 contracts

Samples: Agreement, Joint Venture Agreement (Imperial Petroleum Inc), Exclusive Technology License Agreement (Imperial Petroleum Inc)

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