Common use of Ownership of Pre-Existing Works Clause in Contracts

Ownership of Pre-Existing Works. If Grass Valley is providing Services to Customer, the following terms shall also apply with respect to ownership of intellectual property. 5.2.1 The intellectual property rights in any materials or Software (whether written or machine-readable) created by or licensed to Grass Valley or one of its Affiliates prior to the commencement of the term of an applicable Statement of Work or outside such engagement and any subsequent modifications to same (“Grass Valley Pre-Existing Works”) will remain vested in Grass Valley or one of its Affiliates or a third party (pursuant to subsection 9.7 below), provided that Customer will have a license to use them in accordance with the license provisions below. The intellectual property rights in any materials or software created by, owned by or licensed to Customer prior to the commencement of the term of an applicable Statement of Work and any subsequent modifications to the same (“Customer Pre-Existing Works”) will remain vested in Customer, provided that Customer will grant a limited license to Grass Valley for the purpose of using such rights in connection with the performance of Services under the applicable Statement of Work.