Common use of Ownership of IP Clause in Contracts

Ownership of IP. 5.1 ReallyB2B and/or its licensors shall retain ownership of all ReallyB 2B Background IPRs and the Client and/or its licensors shall retain ownership of the Client Background IPRs. 5.2 Each Party grants to the other Party a fully paid-up, worldwide, non-exclusive and royalty-free licence for the duration of this Agreement: 5.2.1 to use the other Party’s trademarks and branding for the purpose of providing the Services; and 5.2.2 for the Parties to fulfiltheir respective rights and obligations under this Agreement. 5.3 All Deliverable IPRsshall be owned by the Client unless otherwise specified in the Order Form. 5.4 ReallyB2B grants the Client, or shall procure the direct grant to the Client of, a fully paid- up, worldwide, non-exclusive, royalty-free perpetual and irrevocable licence to copy the ReallyB2B Background IPRs for the sole purposes of receiving the Deliverables, subject to any limitations specified in the Order Form. 5.5 ReallyB2B assigns to the Client, with full title guarantee and free from all third party rights, Re allyB2B’s right, title and interest to the Deliverable IPRs, together with the right to sue for and re cover da mages or other relief in respect of infringement of the same. 5.6 The Client grants ReallyB2Ba fully paid-up, non-exclusive, royalty-free, non-transferable licence to copy and modify the Deliverable IPRs and the Client Background IPRs: (i) for the purpose of delivering the Services or Deliverablesto the Client; (ii) for ReallyB2B’s promotional and marketing materials and internal training; and (iii) for any other purpose specified in the Order Form.

Ownership of IP. 5.1 ReallyB2B and/or its licensors shall retain ownership of all ReallyB 2B ReallyB2B Background IPRs and the Client and/or its licensors shall retain ownership of the Client Background IPRs. 5.2 Each Party grants to the other Party a fully paid-up, worldwide, non-exclusive and royalty-free licence for the duration of this Agreement: 5.2.1 to use the other Party’s trademarks and branding for the purpose of providing the Services; and 5.2.2 for the Parties to fulfiltheir fulfil their respective rights and obligations under this Agreement. 5.3 All Deliverable IPRsshall IPRs shall be owned by the Client unless otherwise specified in the Order Form. 5.4 ReallyB2B grants the Client, or shall procure the direct grant to the Client of, a fully paid- paid-up, worldwide, non-exclusive, royalty-free perpetual and irrevocable licence to copy the ReallyB2B Background IPRs for the sole purposes of receiving the Deliverables, subject to any limitations specified in the Order Form. 5.5 ReallyB2B assigns to the Client, with full title guarantee and free from all third party rights, Re allyB2BReallyB2B’s right, title and interest to the Deliverable IPRs, together with the right to sue for and re cover da mages recover damages or other relief in respect of infringement of the same. 5.6 The Client grants ReallyB2Ba ReallyB2B a fully paid-up, non-exclusive, royalty-free, non-transferable licence to copy and modify the Deliverable IPRs and the Client Background IPRs: (i) for the purpose of delivering the Services or Deliverablesto Deliverables to the Client; (ii) for ReallyB2B’s promotional and marketing materials and internal training; and (iii) for any other purpose specified in the Order Form.