Common use of OWNERSHIP OF DATA, RECORDS, AND INTELLECTUAL PROPERTY Clause in Contracts

OWNERSHIP OF DATA, RECORDS, AND INTELLECTUAL PROPERTY. a. Work Product All documentation, reports, records, data, computer databases, software including object code and source code, models, materials, concepts, plans, specimens and other work product (collectively the “Work Product”) originated, developed or prepared pursuant to this Contract by the Contractor or its subcontractor(s), or jointly by the Contractor, subcontractor(s), and/or VEIC, shall become the exclusive property of VEIC. Work Product shall constitute a work for hire for VEIC and, therefore, VEIC shall own all copyrights and other intellectual property arising from the Services under this Contract. Contractor and its subcontractor(s) may not copyright or resell the above Contract Work Product.

OWNERSHIP OF DATA, RECORDS, AND INTELLECTUAL PROPERTY. a. Work Product All documentation, reports, records, data, computer databases, software including object code and source code, models, materials, concepts, plans, specimens and other work product (collectively the “Work Product”) collec originated, developed or prepared pursuant to this Contract by the Contractor or its subcontractor(s), or jointly by the Contractor, subcontractor(s), and/or VEIC, shall become the exclusive property of VEIC. Work Product shall constitute a work for hire for VEIC and, therefore, VEIC shall own all copyrights and other intellectual property arising from the Services under this Contract. Contractor and its subcontractor(s) may not copyright or resell the above Contract Work Product.