Common use of Ownership and Grant of License Clause in Contracts

Ownership and Grant of License. The Licensed Product is hereby licensed, not sold, to Licensee (inclusive of any of its Authorized Users) by Coginiti for use subject to the terms of this XXXX (the “License”). The Licensed Product contains material that is protected by United States and international copyright law and trade secret law and by international treaty provisions. Any use of the Licensed Product in violation of this License shall constitute a breach of the XXXX, and a violation of such applicable copyright laws may subject an offender to civil and criminal penalties, including fine or imprisonment. Except as provided herein, the License is non-transferrable, non-sub- licensable and non-exclusive. Nothing contained in this XXXX transfers any right, title or interest in the Licensed Product to Licensee or any of its Authorized Users, it being understood that Coginiti retains and reserves, to the extent legally permissible, ownership of (or has licensed from third parties) all Intellectual Property Rights inherent in or relating to the Licensed Product. Nothing herein shall limit Coginiti’s right to use or market the Licensed Product to third parties or restrict its ability to use the Intellectual Property Rights inherent therein. Maintenance and Support. During the License Term, Licensee shall be entitled to receive Maintenance. Such Maintenance may be modified from time to time within Coginiti’s sole discretion.

Appears in 3 contracts

Samples: End User License Agreement, End User License Agreement, End User License Agreement

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Ownership and Grant of License. The Licensed Product is hereby licensed, not sold, to Licensee (inclusive of any of its Authorized Users) by Coginiti Aginity for use subject to the terms of this XXXX (the “License”). The Licensed Product contains material that is protected by United States and international copyright law and trade secret law and by international treaty provisions. Any use of the Licensed Product in violation of this License shall constitute a breach of the XXXX, and a violation of such applicable copyright laws may subject an offender to civil and criminal penalties, including fine or imprisonment. Except as provided herein, the License is non-transferrable, non-sub- sub-licensable and non-exclusive. Nothing contained in this XXXX transfers any right, title or interest in the Licensed Product to Licensee or any of its Authorized Users, it being understood that Coginiti Aginity retains and reserves, to the extent legally permissible, ownership of (or has licensed from third parties) all Intellectual Property Rights inherent in or relating to the Licensed Product. Nothing herein shall limit CoginitiAginity’s right to use or market the Licensed Product to third parties or restrict its ability to use the Intellectual Property Rights inherent therein. Maintenance and Support. During the License Term, Licensee shall be entitled to receive Maintenance. Such Maintenance may be modified from time to time within CoginitiAginity’s sole discretion.

Appears in 2 contracts

Samples: End User License Agreement, End User License Agreement

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Ownership and Grant of License. The Licensed Product is hereby licensed, not sold, to Licensee (inclusive of any of its Authorized Users) by Coginiti Aginity for use subject to the terms of this XXXX (the “License”). The Licensed Product contains material that is protected by United States and international copyright law and trade secret law and by international treaty provisions. Any use of the Licensed Product in violation of this License shall constitute a breach of the XXXX, and a violation of such applicable copyright laws may subject an offender to civil and criminal penalties, including fine or imprisonment. Except as provided herein, the License is non-transferrable, non-sub- sub-licensable and non-exclusive. Nothing contained in this XXXX transfers any right, title or interest in the Licensed Product (or any component thereof, including Aginity Team) to Licensee or any of its Authorized Users, it being understood that Coginiti Aginity retains and reserves, to the extent legally permissible, ownership of (or has licensed from third parties) all Intellectual Property Rights inherent in or relating to the Licensed Product. Nothing herein shall limit CoginitiAginity’s right to use or market the Licensed Product (including without limitation, Aginity Team and any derivations thereof) to third parties or restrict its ability to use the Intellectual Property Rights inherent therein. Maintenance and Support. During the License Term, Licensee you shall receive the Team Maintenance Package, and if so elected through a Rider Addendum to your Purchase Order, you shall be entitled to receive the Team Support - Premium Package. (For sake of clarity, during a Beta Testing Period, you shall be entitled to Maintenance. Such Maintenance , as may be modified from time to time within Coginitimade available in Aginity’s sole discretion.)

Appears in 1 contract

Samples: End User License Agreement

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