Common use of No Joint Development Clause in Contracts

No Joint Development. The parties do not intend to engage in any joint development under this Agreement and will not develop any joint inventions hereunder. If the parties desire to engage in joint development in the future relating to the IXYS Licensed Products, the parties agree to negotiate in good faith an agreement setting forth the ownership and license of any joint inventions, and other rights and obligations of the parties relating to such joint inventions. Such agreement will be in writing and signed by each party.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Ixys Corp /De/), Product License Agreement (Ixys Corp /De/), Asset Purchase Agreement (Ixys Corp /De/)

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