Common use of Ownership of POSCO Technology Clause in Contracts

Ownership of POSCO Technology. All inventions, know-how, trade secrets, data or information made, invented, conceived, created or otherwise developed by POSCO Power and POSCO Affiliates, as applicable, and their employees, derived or resulting from the FCE Technology shall be considered POSCO Technology and shall be the sole property of POSCO Power or POSCO Affiliates, as applicable. For the avoidance of doubt, it is understood and agreed that nothing contained herein shall convey ownership to POSCO of any FCE Technology from which such POSCO Technology is derived.

Appears in 8 contracts

Samples: Stack Technology Transfer and License Agreement (Fuelcell Energy Inc), Stack Technology Transfer and License Agreement (Fuelcell Energy Inc), Stack Technology Transfer and License Agreement (Fuelcell Energy Inc)

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Ownership of POSCO Technology. All inventions, know-how, trade secrets, data or information made, invented, conceived, created or otherwise developed by POSCO Power Energy and POSCO Affiliates, as applicable, and their employees, derived or resulting from the FCE Technology shall be considered POSCO Technology and shall be the sole property of POSCO Power Energy or POSCO Affiliates, as applicable. For the avoidance of doubt, it is understood and agreed that nothing contained herein shall convey ownership to POSCO of any FCE Technology from which such POSCO Technology is derived.

Appears in 2 contracts

Samples: Technology Transfer and License Agreement (Fuelcell Energy Inc), Technology Transfer and License Agreement (Fuelcell Energy Inc)

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