Patent Registration Sample Clauses
The Patent Registration clause outlines the obligations and procedures related to securing patent protection for inventions or intellectual property developed under an agreement. Typically, it specifies which party is responsible for filing patent applications, managing prosecution, and bearing associated costs, and may address cooperation requirements between parties during the registration process. This clause ensures that valuable innovations are properly protected and that ownership and responsibilities are clearly allocated, thereby preventing disputes and safeguarding intellectual property rights.
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Patent Registration. The Executive hereby agrees that should the Company elect to file any application for patent protection either in the United States or in any foreign country on an Executive Invention, the Executive will execute all necessary papers and documents, including formal assignments to the Company, relating to such patent application. The Executive further agrees that he will cooperate with any attorneys or other persons designated by the Company by explaining the nature of the Executive Invention, reviewing applications and other papers, and providing any other assistance reasonably required for the orderly prosecution of the patent applications.
Patent Registration. Medizone represents that on July 5, 2012, it entered into the national phase in Brazil patent application (serial no. 112012000384-4), its primary health care patent application under the International Patent Protection Treaty (the “Primary Health Care Patent”), that the Primary Health Care Patent is deemed to have the international filing date of July 5, 2010 of Medizone’s original international patent application, and that examination of the application was timely requested in April 2013. To date, no objections have been received by Medizone with respect to the Primary Health Care Patent from the Brazilian Patent Office. Medizone agrees to use its reasonable best efforts to continue to process the pending Primary Health Care Patent in Brazil. Distributor, it its discretion, shall have the right to cause Medizone to file and process a substantially similar health care patent application in other countries within the Territory, provided that (i) Distributor pays all fees, costs, and expenses associated with such application and prosecution, and (ii) Distributor shall not acquire any ownership interest in any such patent application funded by Distributor under this Section 4.16 or in any of Medizone’s Intellectual Property Rights under this Agreement.
Patent Registration. The Company shall use its commercially reasonable efforts to have a release and quitclaim related to the Patent set forth on Schedule 4.16 to be executed and registered correctly with the United States Patent and Trademark Office prior to Closing.
Patent Registration. 9.1 Yissum, in consultation with the Company, shall be responsible for the filing, prosecution and maintenance of the Joint Patents, if any, in the Territory, at the Company’s expense (the “Ongoing Patent Costs”) Each application and every patent registration of the Joint Patents shall be made and registered jointly in the name of Yissum and the Company. The Parties shall jointly choose patent counsel who will prosecute and maintain the Joint Patents, The Company agrees to such patent counsel directly ▇▇▇▇ the Company for such expenses and shall directly pay such bills in accordance with patent counsel’s directions.
9.2 For the avoidance of doubt, the Company will be solely responsible for the filing, prosecution and maintenance of any Patents which cover only Development Results that are not jointly owned with Yissum.
9.3 Notwithstanding the forgoing in Section 9.1 above, upon or immediately after the filing of the first Joint Patent, the Company shall deposit with Yissum the amount [***] to secure the payment of the Ongoing Patent Costs (the “Expense Deposit”). Should the Company fail to pay any amounts due in connection with the Ongoing Patent Expenses within thirty (30) days following receipt of Yissum’s written request accompanied by a detailed account, Yissum shall be entitled to pay the unpaid expenses from the Expense Deposit. In the event that Yissum utilizes some or all of the Expense Deposit as set forth in this section, it shall so notify the Company in writing The Company shall be obligated to deposit with Yissum [***]. The obligation of the Company under this Section 9 2 shall expire in the event that all Joint Patents have been refused, canceled or revoked.
9.4 Subject to the above, the Parties shall consult and make every effort to reach agreement in all respects relating to the manner of making applications and registering the Patents, including the time of making the applications, the countries where applications will be made and all other particulars relating to the registration and maintenance of the Joint Patents Notwithstanding the foregoing, Yissum reserves the sole right, to be exercised reasonably and in good faith, to make all final decisions with respect to the preparation, filing, prosecution and maintenance of such patent applications and patents.
9.5 The Parties shall assist each other in all respects relating to the preparation of documents for the registration of any patent or any patent-related right upon the request of the...
Patent Registration. Licensor shall have the right, but not the obligation, to seek patent registration or other protection under the patent laws of the United States or any foreign jurisdiction, at its own expense, regarding patentable Improvements developed by Licensor, its Affiliates, and/or its contractors. Licensee shall have the right, but not the obligation, to seek patent registration or otherwise to seek or maintain protection under the patent laws of the United States or of any foreign jurisdiction, at its own expense, with regard to any inventions discovered, conceived, designed, reduced to practice, or otherwise developed by Licensee or any individuals employed or otherwise contracted by or on behalf of Licensee. If, after any appointment of a trustee-in-bankruptcy or court-appointed receiver of the assets or business of Licensor, Licensor (or such trustee or receiver) or its applicable Affiliate does not elect to seek patent registration or other protection available under United States law within ninety (90) days of the discovery and/or development of any Improvement(s) developed by Licensor and/or any of its Affiliates, or at least sixty (60) days prior to the running of any provisional application or any period of protection under the U.S. patent laws, Licensee shall have the right to pursue such patent protection for the sole benefit and on behalf of Licensee, and Licensor and its Affiliates agree to cooperate fully with Licensee's efforts. If Licensor or any of its Affiliates determines that it will not seek patent protection for any Improvement(s) with respect to which it has the right to obtain such protection, Licensor shall notify Licensee of such determination promptly, and, in any event, so as not to prejudice Licensee's ability to obtain such patent protection if Licensee desires in its sole discretion to seek it, and Licensee shall have the right to pursue such patent protection for the sole benefit and on behalf of Licensee.
Patent Registration. Following the Closing, Seller shall provide such ------------------- assistance and execute such documents as Purchaser shall reasonably request to properly register in the name of Purchaser (with the Patent and Trademark Office) all of Seller's Intellectual Property that is currently registered in the name of Seller or any predecessor or Affiliate of Seller.
Patent Registration. 14 5.10 Conduct of Business...................................... 14 Article 6 -