Common use of Ownership of Technology Clause in Contracts

Ownership of Technology. Determinations as to which Party has Invented any Patent Right or Know-How shall be made in accordance with the standards of inventorship under the patent laws of the United States. Subject to the license grants under Section 2 of this Agreement, as between the Parties, [**]. Neither Party shall take any action that would limit the other Party’s right to exercise its rights under Section 2.4. In the event inventorship and ownership of any Collaboration Technology cannot be resolved by the Parties with advice of their respective intellectual property counsel, such dispute shall be resolved through the dispute resolution mechanism set forth in Section 12.1.