Common use of Ownership of Discoveries and Improvements Clause in Contracts

Ownership of Discoveries and Improvements. All right, title and interest in all writings, inventions, discoveries, improvements and other technology, whether or not patentable or copyrightable, and any patent applications, patents or copyrights based thereon (collectively, the "Inventions") that are discovered, made or conceived during and as a result of the Research Phase or the Development Phase solely by employees of TKT or others acting on behalf of TKT ("TKT Inventions") shall be owned by TKT. *********************************************** ************************************************************* ************************************************************ ************************************************************** ***************************************************************** *************************************************************** *************************************************************** ****************. All right, title and interest in all Inventions that are discovered, made or conceived during and as a result of the Research Phase or the Development Phase or thereafter solely by employees of MMD or others acting on behalf of MMD ("MMD Inventions") shall be owned by MMD. All right, title and interest in all Inventions that are discovered, made or conceived during and as a result of the Research Phase or the Development Phase or thereafter jointly by employees of TKT and MMD or others acting on their behalf (the "Joint Inventions") shall be jointly owned by MMD and TKT. Each party shall promptly disclose to the other party the making, conception or reduction to practice of Inventions by employees or others acting on behalf of such party. The parties acknowledge that the ownership rights set forth above are subject to the license grants set forth in Article 3.

Ownership of Discoveries and Improvements. All right, title and interest in all writings, inventions, discoveries, improvements and other technology, whether or not patentable or copyrightable, and any patent applications, patents or copyrights based thereon (collectively, the "Inventions") that are discovered, made or conceived during and as a result of the Research Phase or the Development Phase solely by employees of TKT or others acting on behalf of TKT ("TKT Inventions") shall be owned by TKT. *********************************************** ************************************************************* ************************************************************ ************************************************************** ***************************************************************** *************************************************************** **************************************************************** ****************. All right, title and interest in all Inventions that are discovered, made or conceived during and as a result of the Research Phase or the Development Phase or thereafter solely by employees of MMD or others acting on behalf of MMD ("MMD Inventions") shall be owned by MMD. All right, title and interest in all Inventions that are discovered, made or conceived during and as a result of the Research Phase or the Development Phase or thereafter jointly by employees of TKT and MMD or others acting on their behalf (the "Joint Inventions") shall be jointly owned by MMD and TKT. Each party shall promptly disclose to the other party the making, conception or reduction to practice of Inventions by employees or others acting on behalf of such party. The parties acknowledge that the ownership rights set forth above are subject to the license grants set forth in Article 3.