Common use of Ownership and Use of Intellectual Property Clause in Contracts

Ownership and Use of Intellectual Property. (a) Company acknowledges that (i) it is obtaining only the right to promote and demonstrate the Products and Services on behalf of Verisity, and solicit orders for Products and Services, as provided hereunder; (ii) all ownership, right, title or interest in or to any trademarks, tradenames, insignias, logos, proprietary marks and the like related to the Products (together, "Proprietary Marks") or patents, copyrights, or other proprietary rights relating to the Products or technical documentation, promotional or demonstration materials or training session materials relating to the same (including, without limitation, any translations), whether these are registered or unregistered (all of the above, including the Proprietary Marks, together - the "Rights"), will remain at all times with Verisity and/or its licensors even if suggestions made by Company and/or any person or entity related thereto are incorporated into subsequent versions of the Products; (iii) none of the Rights or any part thereof are transferred from Verisity and/or its licensors to Company hereunder; and (iv) any permitted use of the Rights or any part thereof hereunder will inure to the benefit of Verisity and/or its licensors, and that Company will not itself claim any exclusive rights in the Rights or in any part thereof or the goodwill and rights related thereto. (b) Subject to Verisity's right to review all marketing materials, packaging and documentation prior to their use by Company, Verisity hereby grants Company a non-exclusive right to use within the Territory the Proprietary Marks under which the Products and Services are marketed by Verisity, during the term of this Agreement, subject to Company's agreement hereby: (i) to use the Proprietary Marks in proper trademark or service xxxx manner (including such notices of ownership as Verisity may require from time to time) on the Products and materials related to the Products and Services and only in connection with their promotion and marketing, and not to use the Proprietary Marks, or any other marks confusingly similar thereto, in any other connection and (ii) that registration for the Proprietary Marks shall be sought, maintained and enforced only by Verisity, within its sole discretion and without any obligation to do so, and that Company agrees to assist Verisity in such efforts at Verisity's request. Company will not alter, infringe or do anything to lessen the value of any Proprietary Marks. Company will not use any of the Proprietary Marks as part of the business name of Company. Company will assign "Verisity Scandinavia" to Verisity LTD. free of charge in a form, to be prepared, which will permit Verisity to accept that assignment before April 30, 2001. Company will not attach any name or xxxx to any Products or materials relating to Products and Services other than the names or marks originally appearing thereon and will not obfuscate, cover or remove any name or Proprietary Xxxx on the Products or materials relating to Products and Services.

Ownership and Use of Intellectual Property. (a) Company Sublicensee acknowledges that (i) it is obtaining only the right to market, promote and demonstrate the Products and Services on behalf of Verisity, and solicit orders for Products and Services, sublicense StoreSense as provided hereunder; (ii) all ownership, right, title or interest in or to any trademarks, tradenames, insignias, logos, proprietary marks and the like related to the Products StoreSense (together, "“Proprietary Marks"”) or patents, copyrights, or other proprietary rights relating to the Products StoreSense or technical documentation, promotional or demonstration materials or training session materials relating to the same (including, without limitation, any translations), whether these are registered translations or unregistered (all of the above, including the Proprietary Marks, together - the "Rights"), localizations) will remain at all times with Verisity and/or Xxxxxx and its licensors even licensors, if suggestions made by Company and/or any person or entity related thereto are incorporated into subsequent versions of the Productsany; (iii) none of the Rights or any part thereof such rights are transferred from Verisity and/or its licensors Xxxxxx or Reseller to Company Sublicensee hereunder; and (iv) any all permitted use uses of the Rights or any part thereof such rights hereunder will inure to the benefit of Verisity and/or its licensorsXxxxxx, and that Company Sublicensee will not itself claim any exclusive rights in the Rights or in any part thereof such rights or the goodwill and rights related thereto. (b) Subject to Verisity's Xxxxxx’x right to review all marketing materials, packaging and documentation (“Collaterals”) prior to their use by CompanySublicensee, Verisity Reseller hereby grants Company Sublicensee a non-exclusive right to use within the Territory the Proprietary Marks under which the Products and Services are StoreSense is marketed by VerisityXxxxxx, during the term of this Agreement, subject to Company's Sublicensee’s agreement hereby: (i) to use the Proprietary Marks in proper trademark or service xxxx manner (including such notices of ownership as Verisity Xxxxxx may require from time to time) on the Products StoreSense and materials related to the Products and Services Collaterals and only in connection with their promotion and marketing, and not to use the Proprietary Marks, or any other marks confusingly similar thereto, in any other connection connection; and (ii) that registration for the Proprietary Marks shall be sought, maintained and enforced only by VerisityKurant, within its sole discretion and without any obligation to do so, and that Company Sublicensee agrees to assist Verisity Kurant in such efforts at Verisity's requestXxxxxx’x request and expense. Company Sublicensee will not alter, infringe or do anything to lessen the value of any Proprietary Marks. Company Sublicensee will not use any of the Proprietary Marks as part of the business name of CompanySublicensee, except as may be approved by Kurant in writing. Company will assign "Verisity Scandinavia" to Verisity LTD. free of charge in a form, to be prepared, which will permit Verisity to accept that assignment before April 30, 2001. Company Sublicensee will not attach any name or xxxx to StoreSense or any Products or materials relating to Products and Services Collaterals other than the names or marks originally appearing thereon and will not obfuscate, alter, cover or remove any name or Proprietary Xxxx on StoreSense or Collaterals, without the Products prior written consent of Xxxxxx. (c) Sublicensee shall promptly notify Xxxxxx and Reseller of any infringement of which it may become aware of any Proprietary Xxxx, patent, copyright or materials relating to Products other proprietary right of Xxxxxx, and Serviceswill assist Xxxxxx in investigating and prosecuting same.

Ownership and Use of Intellectual Property. (a) Company As between the parties, all Local Matters IP, the Deliverables and all technical documentation provided by Local Matters or developed by it during the term of this Agreement, or other promotional or demonstration materials relating to the same, and all Intellectual Property Rights in and to any of the foregoing, are the exclusive property of Local Matters, its licensors and suppliers. Save to the extent of any rights granted under law, any rights not expressly granted to Customer hereunder are reserved by Local Matters, its licensors and suppliers. (b) The Customer acknowledges that that: (i) it is obtaining only all ownership, right, title or interest in or to any trademarks, tradenames, insignias, logos, proprietary marks and the right like related to promote and demonstrate Local Matters or Local Matters’ IP (together, “Proprietary Marks”) will remain at all times with Local Matters; (ii) none of such rights are transferred from Local Matters to the Products and Services on behalf of Verisity, and solicit orders for Products and Services, as provided Customer hereunder; (iiiii) the Customer will not remove, alter, or obscure the Proprietary Marks or any other proprietary notices (including copyright notices) of Local Matters or its suppliers on the Deliverables; and (iv) all permitted uses of such Proprietary Marks hereunder will inure to the benefit of Local Matters, and that the Customer will not itself claim any exclusive rights in such Proprietary Marks or the goodwill related thereto. (c) As between Local Matters and the Customer, Local Matters acknowledges that: (i) all ownership, right, title or interest in or to any trademarks, tradenames, insignias, logos, proprietary marks and the like related to the Products (together, "Proprietary Marks") or patents, copyrights, or other proprietary rights relating to the Products or technical documentation, promotional or demonstration materials or training session materials relating to the same (including, without limitationCustomer, any translations), whether these are registered Operating Company or unregistered (all of the above, including the Proprietary Marks, together - the "Rights"), Customer Content will remain at all times with Verisity and/or its licensors even if suggestions made by the Customer or the relevant Operating Company and/or any person or entity related thereto are incorporated into subsequent versions of as the Productscase may be; (iiiii) none of the Rights or any part thereof such rights are transferred from Verisity and/or its licensors the Customer (or any Operating Company) to Company Local Matters hereunder; and (iviii) any all permitted use uses of the Rights or any part thereof such rights hereunder will inure to the benefit of Verisity and/or its licensorsthe Customer or the Operating Company as the case may be, and that Company Local Matters will not itself claim any exclusive rights in the Rights or in any part thereof such rights or the goodwill and rights related thereto. (b) Subject to Verisity's right to review all marketing materials, packaging and documentation prior to their use by Company, Verisity hereby grants Company a non-exclusive right to use within the Territory the Proprietary Marks under which the Products and Services are marketed by Verisity, during the term of this Agreement, subject to Company's agreement hereby: (i) to use the Proprietary Marks in proper trademark or service xxxx manner (including such notices of ownership as Verisity may require from time to time) on the Products and materials related to the Products and Services and only in connection with their promotion and marketing, and not to use the Proprietary Marks, or any other marks confusingly similar thereto, in any other connection and (ii) that registration for the Proprietary Marks shall be sought, maintained and enforced only by Verisity, within its sole discretion and without any obligation to do so, and that Company agrees to assist Verisity in such efforts at Verisity's request. Company will not alter, infringe or do anything to lessen the value of any Proprietary Marks. Company will not use any of the Proprietary Marks as part of the business name of Company. Company will assign "Verisity Scandinavia" to Verisity LTD. free of charge in a form, to be prepared, which will permit Verisity to accept that assignment before April 30, 2001. Company will not attach any name or xxxx to any Products or materials relating to Products and Services other than the names or marks originally appearing thereon and will not obfuscate, cover or remove any name or Proprietary Xxxx on the Products or materials relating to Products and Services.