Common use of Ownership and Rights to Inventions and Technology Clause in Contracts

Ownership and Rights to Inventions and Technology. All inventions, technology and information, whether patentable or not (other than those described in Section 2.16(a), which shall be owned by Hollister-Stier pursuant to Section 2.16(a)), conceived, reduced to xxxxxxxx xx xxxated by either party and/or its agents during the performance of this Agreement ("Program Technology"), shall be owned by the Client; provided, however, to the extent that any such invention relates to production processes not related to the manufacture of Product, the Client shall grant and hereby grants to Hollister-Stier a royalty-free, non-exclusive, world-wide, irrevocabxx xxxxxxx xx xractice such Program Technology in facilities owned, operated, licensed, rented or otherwise controlled by Hollister-Stier. Client shall be responsible for the costs of filing, xxxxxxxxxxx xnd maintenance for patents and patent applications on Program Technology and shall have full control over such filing, provided that the decision to proceed with any such filing shall be solely at the discretion of the Client.

Appears in 3 contracts

Samples: CTM Agreement (Acusphere Inc), CTM Agreement (Acusphere Inc), CTM Agreement (Acusphere Inc)

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Ownership and Rights to Inventions and Technology. All inventions, technology and information, whether patentable or not (other than those described in Section 2.16(a)2.9, which shall be owned by Hollister-Stier pursuant to Section 2.16(a)2.9), conceived, reduced to xxxxxxxx xxxxxxx xx xxxated xractice or created by either party Party and/or its agents during the performance of this Agreement ("Program Technology"), shall be owned by the Client; provided, however, to the extent that any such invention inventions relates to the production processes not related to the manufacture of Productthe Intermediate(s) and Product(s), the Client shall grant and hereby grants to Hollister-Stier a royalty-royalty free, non-exclusive, worldworxx-widexxxx, irrevocabxx xxxxxxx xx xractice xxxxxxcable license to practice such Program Technology in facilities owned, operated, licensed, rented or otherwise controlled by Hollister-Stier. Client shall be responsible for the costs of filingtxx xxxxx xx xxxing, xxxxxxxxxxx xnd prosecution and maintenance for patents and patent applications on Program Technology and shall have full control over such filing, provided that the decision to proceed with any such filing shall be solely at the discretion of the Client.

Appears in 2 contracts

Samples: Development and Supply Agreement (Acusphere Inc), Development and Supply Agreement (Acusphere Inc)

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