Common use of Preservation of the Invention Clause in Contracts

Preservation of the Invention. The parties understand and agree not to file for protection of the Invention under patent or other similar laws in order to preserve the confidentiality thereof, unless the circumstances require registration to preserve and protect the ownership and proprietary rights relating to the Invention.

Appears in 3 contracts

Samples: License Agreement (Texxon Inc), License Agreement (Texxon Inc), License Agreement (Texxon Inc)

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Preservation of the Invention. The parties understand and agree not to file for protection of the Invention under patent or other similar laws in order to preserve the confidentiality thereof, unless the circumstances require registration in order to preserve and protect the ownership and proprietary rights relating to the Invention.

Appears in 1 contract

Samples: License Agreement (KBS Technologies Inc)

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