Patent Rights; Trademark Sample Clauses

Patent Rights; Trademark. FemmePharma shall direct and cause ------------------------ appropriate patent applications to be prepared, prosecuted and maintained in the United States and the world, in a timely fashion, to protect and cover the KV Products, the FemmePharma Products and the FemmePharma Technology. The expenses of preparing, prosecuting and maintaining such patent applications and patents shall be paid by FemmePharma. Notwithstanding the foregoing, however, the expenses of preparing, prosecuting and maintaining patent applications and patents designated by KV outside the United States shall be paid by KV. Not less than 10 business days prior to the filing or other use thereof with a Third Party or the taking of any other action which may jeopardize the same, FemmePharma will provide KV with a copy of any such filing or other documents (and any supporting documentation) and with any amendment thereto or other modification thereof, all correspondence with the filing authority or other Person, and such other information as is applicable thereto and shall give KV the opportunity to review and comment thereon and to discuss the same with the appropriate persons within FemmePharma who are responsible therefor and with its counsel. FemmePharma agrees to cause the Patent Rights to be maintained and enforced and in full force and effect, without encumbrance (subject, however, to FemmePharma's rights under Section 2.1(b)), at all times, in each case including such foreign jurisdictions in the Territory as are designated and paid for by KV in connection with the sale or anticipated sale of any KV Product, unless in FemmePharma's reasonable judgment and with the prior informed written consent of KV, KV's best interests would be served by not obtaining, maintaining or enforcing such patents. All patent applications and patents relating to FemmePharma Improvements shall be automatically incorporated in and become part of and covered by this Agreement. In the event that FemmePharma elects not to prepare, prosecute or maintain any patent applications or patents constituting the Patent Rights, including the Patent Rights covering the KV Products, FemmePharma Products or the FemmePharma Technology, FemmePharma shall promptly notify KV in sufficient time in advance to enable KV to do so without the loss of any rights thereunder, and KV shall have the right to prepare, prosecute and maintain any such applications or patents on behalf of and in the name of KV and FemmePharma, and may deduct...