Ownership and Protection of Foreground. 8.3.1. Foreground shall be the property of the Contractor(s) generating it.
Ownership and Protection of Foreground i) Foreground shall be the property of the Beneficiary generating it.
Ownership and Protection of Foreground. Foreground shall be the property of the Beneficiary generating it. Where several Beneficiaries have jointly carried out work generating Foreground, and where their respective share of the work cannot be ascertained, they shall have joint ownership of such Foreground. They shall agree among themselves on the allocation and terms of exercising the ownership and they shall jointly apply to obtain the property rights. The share of each of the Contributors to the Foreground shall be defined proportionally to the resources implemented by each, whether human, financial or intellectual. In case of joint ownership of Foreground the Beneficiaries will enter into negotiations to conclude a joint ownership agreement as soon as possible. Where no joint ownership agreement has yet been concluded between the Beneficiaries, each of them shall be entitled to Use their jointly owned Foreground, or to grant non-exclusive licenses to third parties, without any right to sub-license and without requiring the prior consent of the other Beneficiaries, subject to the following conditions: - at least 45 days prior notice must be given to the other Beneficiaries; and - fair and reasonable compensation must be provided to the other Beneficiaries taking into account each Beneficiaries’ relative ownership. In case a Beneficiary ("Originator") decides not to seek protection over its Foreground issuing from the Project, it shall inform in writing the other Beneficiaries via the Project Coordinator. Any Beneficiary interested in applying to obtain such protection shall advise the other Beneficiaries through the Project Coordinator, within one (1) month of receipt of relevant notice. In case several Beneficiaries are interested in so applying, they shall strive to set up amongst themselves and with the Originator appropriate agreements to this end.
Ownership and Protection of Foreground
