Common use of Ownership of Individual IP Clause in Contracts

Ownership of Individual IP. The Parties shall each retain all rights, title, and interest in or to their respective technology and intellectual property that may be utilized in the Intelligent Table Systems or any Licensed Product. Any and all rights not specifically granted under this Agreement are reserved to the owner(s). No implied licenses to Intellectual Property Rights shall be construed under this Agreement.

Appears in 4 contracts

Samples: Development and Integration Agreement, Product Development and Integration Agreement (Shuffle Master Inc), Patent Purchase Agreement (Mikohn Gaming Corp)

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