Common use of Ownership of Clause in Contracts

Ownership of. Zid-Related IP --------------------------- As of the Effective Date, ZGI will own all Zid-Related IP and will have all rights attendant to such ownership, subject to NN's rights described herein. Before the Effective Date, NN and ZGI shall determine the method and vehicle by which to transfer to ZGI such ownership of the Zid-Related IP, and ZGI and NN shall cooperate so that such transfer is complete no later than the Effective Date.

Appears in 2 contracts

Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)

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Ownership of. Zid-Related IP --------------------------- As of the Effective Date, ZGI will own all Zid-Related ZGI IP and will have all rights attendant to such ownership, subject to NN's rights described herein. Before the Effective Date, NN and ZGI shall [*] designates portions of this document that have been omitted pursuant to a request for confidential treatment filed separately with the Commission. determine the method and vehicle by which to transfer to ZGI such ownership of the Zid-Related ZGI IP, and ZGI and NN shall cooperate so that such transfer is complete no later than the Effective Date.

Appears in 2 contracts

Samples: Kunitz Protein Agreement (Zymogenetics Inc), Kunitz Protein Agreement (Zymogenetics Inc)

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