Common use of PEKO Licenses Clause in Contracts

PEKO Licenses. (a) PEKO hereby assigns and agrees to assign to ViewRay title to all Deliverables and other work product that results from PEKO’s performance of the services specified in any Work Statement, including any Program Intellectual Property Rights embodied in such Deliverables or work product, whether such Program Intellectual Property Rights are owned solely by PEKO or jointly by PEKO and ViewRay. ViewRay’s title in such Deliverables and work product and Program Intellectual Property shall not include any PEKO Intellectual Property embodied in such Deliverables or work product. Title to all such PEKO Intellectual Property shall remain vested in PEKO and this Agreement does not convey to ViewRay any ownership rights in any portion of such PEKO Intellectual Property by implication, estoppel or otherwise. With respect to such PEKO Intellectual Property for which PEKO retains title, PEKO hereby grants and agrees to grant to ViewRay a non-exclusive, worldwide, perpetual, paid-up and royalty-free license, including the right to grant sublicenses, to use such PEKO Intellectual Property and the Program Intellectual Property Rights owned by PEKO to the extent necessary or useful for ViewRay to develop, make, have made, use, reproduce, prepare derivative works, modify, market, sell, distribute and import products and deliver services that embody or utilize the Products to customers within the ViewRay Domain. ViewRay will not use PEKO Intellectual Property for any other purpose, without PEKO’s prior written permission and ViewRay shall not grant, or attempt to grant, a sublicense under this Section 5.1(a) to use PEKO Intellectual Property, including the Program Intellectual Property owned by PEKO outside the ViewRay Domain without the express written consent of PEKO.

PEKO Licenses. (a) PEKO hereby assigns and agrees to assign to ViewRay title to all Deliverables and other work product that results from PEKO’s performance of the services specified in any Work Statement, including any Program Intellectual Property Rights embodied in such Deliverables or work product, whether such Program Intellectual Property Rights are owned solely by PEKO or jointly by PEKO and ViewRay[***]. ViewRay’s title in such Deliverables and work product and Program Intellectual Property shall not include any PEKO Intellectual Property embodied in such Deliverables or work product. Title to all such PEKO Intellectual Property shall remain vested in PEKO and this Agreement does not convey to ViewRay any ownership rights in any portion of such PEKO Intellectual Property by implication, estoppel or otherwise. With respect to such PEKO Intellectual Property for which PEKO retains title, PEKO hereby grants and agrees to grant to ViewRay a non-exclusive, worldwide, perpetual, paid-up and royalty-free license, including the right to grant sublicenses, to use such PEKO Intellectual Property and the Program Intellectual Property Rights owned by PEKO to the extent necessary or useful for ViewRay to develop, make, have made, use, reproduce, prepare derivative works, modify, market, sell, distribute and import products and deliver services that embody or utilize the Products to customers within the ViewRay Domain[***]. ViewRay will not use PEKO Intellectual Property for any other purpose, without PEKO’s prior written permission and ViewRay shall not grant, or attempt to grant, a sublicense under this Section 5.1(a) to use PEKO Intellectual Property, including the Program Intellectual Property owned by PEKO outside the ViewRay Domain without the express written consent of PEKO.