Common use of Ownership by Licensor Clause in Contracts

Ownership by Licensor. Creative acknowledges that, except with respect to specific ownership rights set forth in Sections 5.1 and 5.2 of this Agreement and as between Creative and Licensor, Licensor is the owner of all right, title and interest in and to the Intellectual Property Rights in the Licensed Products. Any Intellectual Property Rights conceived, developed or reduced to practice by Creative during the Term of this Agreement shall be owned solely by Creative.

Appears in 4 contracts

Samples: Escrow Agreement (Netspeak Corp), Escrow Agreement (Netspeak Corp), Escrow Agreement (Netspeak Corp)

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