Common use of Ownership and rights to Improvements Clause in Contracts

Ownership and rights to Improvements. ‌ (a) Unless otherwise specified in item 6 of the Details Schedule: (i) IPR in any Improvements created by the Licensee are owned by the Licensee; (ii) the Licensee must notify the Licensor of any Improvement created by the Licensee as soon as practicable after the Improvement has been created; and (iii) where the Licensee is the owner of IPR in Improvements, the Licensee grants to the Licensor a licence to the IPR in Improvements created by the Licensee on the terms detailed in item 6 of the Details Schedule. (b) Where and to the extent that the Licensor is specified in item 6 of the Details Schedule as the owner of IPR in such Improvements created by the Licensee: (i) the Licensee assigns to the Licensor all rights, title and interest in and to the IPR in such Improvements immediately on creation; and (ii) the Licensor grants the Licensee a Licence to the IPR in the Improvements created by the Licensee on the same terms as the Licensed IPR. (c) The parties must do all things (including executing any document) necessary or desirable to give full effect to this clause 7.1. (d) This Agreement does not assign or grant any rights to the Licensee in respect of any IPR in Improvements created by the Licensor after the Commencement Date. Where the parties intend for the Licensee to have rights to such IPR, they will amend the Agreement in accordance with clause 19.4 to incorporate the Improvements within the Licensed IPR. (e) Where not granted under this Agreement, the parties each agree to negotiate in good faith a further licence to the IPR in any Improvements in connection with the Licensed IPR for the purpose of Commercialisation.

Ownership and rights to Improvements. ‌ (a) Unless otherwise specified in item 6 of the Details Schedule: (i) IPR in any Improvements created by the Licensee are owned by the Licensee; (ii) the Licensee must notify the Licensor of any Improvement created by the Licensee as soon as practicable after the Improvement has been created; and (iii) where the Licensee is the owner of IPR in Improvements, the Licensee grants to the Licensor a licence to the IPR in Improvements created by the Licensee on the terms detailed in item 6 of the Details Schedule. (b) Where and to the extent that the Licensor is specified in item 6 of the Details Schedule as the owner of IPR in such Improvements created by the Licensee: (i) the Licensee assigns to the Licensor all rightsImprovements, title and interest in and to the IPR in such Improvements immediately on creation; and (ii) the Licensor grants the Licensee a Licence to the IPR in the Improvements created by the Licensee on the same terms as the Licensed IPR. (c) The parties must do all things (including executing any document) necessary or desirable to give full effect to this clause 7.1. (d) This Agreement does not assign or grant any rights to the Licensee in respect of any IPR in Improvements created by the Licensor after the Commencement Date. Where the parties intend for the Licensee to have rights to such IPR, they will amend the Agreement in accordance with clause 19.4 to incorporate the Improvements within the Licensed IPR. (e) Where not granted under this Agreement, the parties each agree to negotiate in good faith a further licence to the IPR in any Improvements in connection with the Licensed IPR for the purpose of Commercialisation.

Ownership and rights to Improvements. ‌ (a) Unless otherwise specified in item 6 of the Details Schedule: (i) IPR in any Improvements created by the Licensee are owned by the Licensee; (ii) the Licensee must notify the Licensor of any Improvement created by the Licensee as soon as practicable after the Improvement has been created; and (iii) where the Licensee is the owner of IPR in Improvements, the Licensee grants to the Licensor a licence to the IPR in Improvements created by the Licensee on the terms detailed in item 6 of the Details Schedule. (b) Where and to the extent that the Licensor is specified in item 6 of the Details Schedule as the owner of IPR in such Improvements created by the Licensee: (i) the Licensee assigns to the Licensor all rights, title and interest in and to the IPR in such Improvements immediately on creation; and (ii) the Licensor grants the Licensee a Licence to the IPR in the Improvements created by the Licensee on the same terms as the Licensed IPR. (c) The parties must do all things (including executing any document) necessary or desirable to give full effect to this clause 7.1. (d) This Agreement does not assign or grant any rights to the Licensee in respect of any IPR in Improvements created by the Licensor after the Commencement Date. Where the parties intend for the Licensee to have rights to such IPR, they will amend the Agreement in accordance with clause 19.4 to incorporate the Improvements within the Licensed IPR. (e) Where not granted under this Agreement, the parties each agree to negotiate in good faith a further licence to the IPR in any Improvements in connection with the Licensed IPR for the purpose of Commercialisation.

Ownership and rights to Improvements. ‌ (a) Unless otherwise specified in item 6 of the Details Schedule: (i) IPR in any Improvements created by the Licensee are owned by the Licensee; (ii) the Licensee must notify the Licensor of any Improvement created by the Licensee as soon as practicable after the Improvement has been created; and (iii) where the Licensee is the owner of IPR in Improvements, the Licensee grants to the Licensor a licence to the IPR in Improvements created by the Licensee on the terms detailed in item 6 of the Details Schedule. (b) Where and to the extent that the Licensor is specified in item 6 of the Details Schedule as the owner of IPR in such Improvements created by the Licensee: (i) the Licensee assigns to the Licensor all rights, title and interest in and to the IPR in such Improvements immediately on creation; and (ii) the Licensor grants the Licensee a Licence to the IPR in the Improvements created by the Licensee on the same terms as the Licensed IPR. (c) The parties must do all things (including executing any document) necessary or desirable to give full effect to this clause 7.1. (d) This Agreement does not assign or grant any rights to the Licensee in respect of any IPR in Improvements created by the Licensor after the Commencement Date. Where the parties intend for the Licensee to have rights to such IPR, they will amend the Agreement in accordance with clause 19.4 to incorporate the Improvements within the Licensed IPR. (e) Where not granted under this Agreement, the parties each agree to negotiate in good faith a further licence to the IPR in any Improvements in connection with the Licensed IPR for the purpose of Commercialisation.clause