Common use of OWNERSHIP; LICENSE GRANT Clause in Contracts

OWNERSHIP; LICENSE GRANT. This is a license agreement and not an agreement for sale. VBI has exclusive license rights to distribute and use the Licensed Program. VBI reserves ownership of all intellectual property rights inherent in or relating to the Licensed Program, which include, but are not limited to, all copyright, patent rights, all rights in relation to registered and unregistered trademarks (including service marks), confidential information (including trade secrets and know-how) and all rights other than those expressly granted by this License Agreement.

OWNERSHIP; LICENSE GRANT. This is a license agreement and not an agreement for sale. VBI has exclusive license limited rights to distribute and use the Licensed Program. VBI The University reserves ownership of all intellectual property rights inherent in or relating to the Licensed Program, which include, but are not limited to, all copyright, patent rights, all rights in relation to registered and unregistered trademarks (including service marks), confidential information (including trade secrets and know-how) and all rights other than those expressly granted by this License Agreement.