OWNERSHIP OF NEW INTELLECTUAL PROPERTY. All rights and title to all inventions, derivative works, improvements and/or discoveries, including software, know-how, copyright, patent, technology, data, trade secrets, and other intellectual property arising directly or indirectly from the Solutions ("New Intellectual Property Rights") during the Term of this Agreement shall belong to SPS-EFT. To the extent that such New Intellectual Property Rights do not automatically vest in SPS-EFT, MERCHANT hereby assigns and transfers over such rights to SPS-EFT, grants SPS-EFT power of attorney to accomplish all such assignments and transfers and agrees to take any and all actions that SPS-EFT or its counsel deem necessary to transfer and vest good title in such rights in SPS-EFT.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. Ownership and treatment of Intellectual Property resulting from the Parties’ activities under the Transaction Agreements shall be as set forth in the License Agreement.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. (1) New Intellectual Property shall promptly be disclosed by Praxis to XXXXXXXXX and thereafter shall be included as part of the Licensed Technology and licensed to XXXXXXXXX pursuant to Section 11.
(2) All expenses connected with preparing, filing, prosecuting, obtaining, maintaining and enforcing intellectual property rights related to the New Intellectual Property shall be borne by XXXXXXXXX.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. All rights and title to all inventions, derivative works, improvements and/or discoveries, including software, know-how, copyright, patent, technology, data, trade secrets, and other intellectual property arising from, or related to, directly or indirectly, the Paya EFT services or software ("New Intellectual Property Rights").
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. New Intellectual Property shall be owned by the party inventing such New Intellectual Property as determined under applicable laws. The parties shall jointly own all right, title and interest in and to any and all Joint Inventions.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. All rights and title to all inventions, derivative works, improvements and/or discoveries, including software, know-how, copyright, patent, technology, data, trade secrets, and other intellectual property arising directly or indirectly from the Solutions ("New Intellectual Property Rights") during the Term of this Agreement shall belong to GETI. To the extent that such New Intellectual Property Rights do not automatically vest in GETI, MERCHANT hereby assigns and transfers over such rights to GETI, grants GETI power of attorney to accomplish all such assignments and transfers and agrees to take any and all actions that GETI or its counsel deem necessary to transfer and vest good title in such rights in GETI.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. Protherics shall own any and all new intellectual property (including ideas, data, instructions, discoveries, inventions, processes, formulae, techniques, procedures, designs, sketches, records, components, methods, tools, developments, innovations, materials, technology, protocols, results, expert opinions, other information, patents and patent applications) discovered, identified, developed, generated, modified, obtained or derived on or after the Effective Date in connection with this Agreement. Protherics shall prepare, file, prosecute and maintain any and all patents and patent applications described in this Section 6.1.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. Inventorship of all Intellectual Property, whether patentable or not, made, created, identified, conceived, reduced to practice or derived as a direct result of the exercise of a Party’s rights or performance of a Party’s obligations under any Pre-Clinical Development Program, Clinical Development Program or any Transaction Agreement shall be determined in accordance with United States patent laws. As between Athersys and Angiotech, ownership of Intellectual Property made, created, identified, conceived, reduced to practice or derived as a result of the exercise of a Party’s rights or obligations under the Transaction Agreements shall be determined consistent with inventorship. Any Intellectual Property jointly owned by the Parties pursuant to this Section 5.2 is referred to herein as “Joint IP.”
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. Subject to Section 2.2 below and the licenses granted in Section 5 below, Institute shall retain all right, title, and interest in and to the New Intellectual Property. Cisco hereby irrevocably transfers, conveys and assigns to Institute all of its right, title, and interest in the New Intellectual Property. Cisco shall execute such documents, render such assistance, and take such other actions as Institute may reasonably request, at Institute’s expense, to apply for, register, perfect, confirm, and protect Institute’s rights in the New Intellectual Property.
OWNERSHIP OF NEW INTELLECTUAL PROPERTY. Additionally, a Type 2A and Type 2B Material Transfer Agreement will deal with the question of ownership of new intellectual property created by the Recipient with the use of the Material. The template Material Transfer Agreement – Commercial identifies three separate clauses to deal with the ownership of new intellectual property created by the Recipient with the use of the Material:
