Common use of Patent Rights and Technology Clause in Contracts

Patent Rights and Technology. Subject to Section 9.1(b), all Patent Rights will be the property of the inventing Party, provided that all Joint Patent Rights will be jointly owned by the Parties with each Party having full rights to use and license same subject only to the licenses expressly granted and the terms set forth herein. In all cases, inventorship shall be determined according to United States Patent law.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Nuvelo Inc), Stock Purchase Agreement (Nitromed Inc), Stock Purchase Agreement (Archemix Corp.)

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Patent Rights and Technology. Subject to Section 9.1(b6.1(b), all Patent Rights will be the property of the inventing Party, provided that all Joint Patent Rights will be jointly owned by the Parties with each Party having full rights to use and license same subject only to the licenses expressly granted and the terms set forth herein. In all cases, inventorship shall be determined according to United States Patent law.

Appears in 1 contract

Samples: Collaboration and License Agreement (ARCA Biopharma, Inc.)

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