Ownership and Use of Intellectual Property Rights. 2.1. The Parties acknowledge and agree that, except as expressly stated to the contrary in this Agreement, neither Party shall acquire any title, right or interest in or to the other Party’s Background IPRs under and/or pursuant to this Agreement. Where a Party acquires, by operation of law, title to Intellectual Property Rights that is inconsistent with the allocation of title set out in this Schedule Part 4, it hereby assigns (by way of present and future assignment or assignation (as applicable)) its entire title in and to such Intellectual Property Rights as it may have acquired to the other Party.
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Samples: Services Agreement, Agreement, Agreement