Original IP. Each Party will retain sole ownership of its respective IP existing prior to the start of the Project. The use by each respective Party of the other Party’s IP is authorized only for the purposes herein set forth, except as otherwise stated, and upon expiration or termination of this Agreement for any reason, such authorization shall cease.
Original IP. LYT warrants that nothing in the LYT IP, nor Customer’s use of the LYT IP, will infringe, or constitute a misappropriation of, the Intellectual Property rights of a third party.
