Common use of Myriant Rights Clause in Contracts

Myriant Rights. Myriant owns or is the licensee of all right, title and interest in and to any pre-existing Intellectual Property Rights to the Myriant Process, including any Prior IP Record. As between the Parties, Myriant has the exclusive right, at its sole discretion and expense, to apply for, register, maintain and enforce Patents and other Intellectual Property Rights as it deems appropriate with respect to any of the pre-existing Intellectual Property Rights it has to the Myriant Process.