Common use of OWNERSHIP OF THE NEW INTELLECTUAL PROPERTY Clause in Contracts

OWNERSHIP OF THE NEW INTELLECTUAL PROPERTY. Rambus shall retain ownership of all Results and New Intellectual Property developed by Rambus, including without limitation Results and New Intellectual Property arising out of Rambus' performance of its obligations pursuant to Section2 above, and including without limitation the unsized transistor netlist implementation of the Rambus-2 DRAM, provided only that the specific implementation of the Rambus-2 DRAM in the NEC process technology shall be owned by NEC. NEC shall retain ownership of all New Intellectual Property developed by NEC. New Intellectual Property jointly developed by the parties shall be jointly and equally owned by the parties. Each party shall be entitled to use, license, transfer, and otherwise exploit its interest in the jointly owned New Intellectual Property without notice or accounting to the other party, subject to any confidentiality obligations to the other party. The parties shall cooperate with respect to protection and enforcement of jointly owned New Intellectual Property, to the extent the parties agree upon same in advance on a case-by-case basis.

Appears in 2 contracts

Samples: Semiconductor Technology License Agreement (Rambus Inc), Semiconductor Technology License Agreement (Rambus Inc)

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OWNERSHIP OF THE NEW INTELLECTUAL PROPERTY. Rambus shall retain ownership of all Results and New Intellectual Property developed by Rambus, including without limitation Results and New Intellectual Property arising out of Rambus' performance of its obligations pursuant to Section2 above, and including without limitation the unsized transistor netlist implementation of the Rambus-2 DRAMTransceiver, provided only that the specific implementation of the Rambus-2 DRAM Transceiver in the NEC process technology Process Technology shall be owned by NEC. NEC shall retain ownership of all New Intellectual Property developed by NEC. New Intellectual Property jointly developed by the parties shall be jointly and equally owned by the parties. Each party shall be entitled to use, license, transfer, and otherwise exploit its interest in the jointly owned New Intellectual Property without notice or accounting to the other party, subject to any confidentiality obligations to the other party. The parties shall cooperate with respect to protection and enforcement of jointly owned New Intellectual Property, to the extent the parties agree upon same in advance on a case-by-case basis.

Appears in 2 contracts

Samples: Semiconductor Technology License Agreement (Rambus Inc), Semiconductor Technology License Agreement (Rambus Inc)

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OWNERSHIP OF THE NEW INTELLECTUAL PROPERTY. Rambus shall retain ownership of all Results and New Intellectual Property developed by Rambus, including without limitation Results and New Intellectual Property arising out of Rambus' performance of its obligations pursuant to Section2 Section 2 above, and including without limitation the unsized transistor netlist implementation of the Rambus-2 DRAMRAC, provided only that the specific implementation of the Rambus-2 DRAM RAC in the NEC process technology Process Technology shall be owned by NEC. NEC shall retain ownership of all New Intellectual Property developed by NEC. New Intellectual Property jointly developed by the parties shall be jointly and equally owned by the parties. Each party shall be entitled to use, license, transfer, and otherwise exploit its interest in the jointly owned owed New Intellectual Property without notice or accounting to the other party, subject to any confidentiality obligations to the other party. [*] Confidential treatment requested. The parties shall cooperate with respect to protection and enforcement of jointly owned New Intellectual Property, to the extent the parties agree upon same in advance on a case-by-case basis.

Appears in 1 contract

Samples: Semiconductor Technology License Agreement (Rambus Inc)

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