Common use of Preserving Intellectual Property Rights Clause in Contracts

Preserving Intellectual Property Rights. The Collaborator responsible for filing of a Patent Application on any Subject Invention shall file such Patent Application at least sixty (60) days prior to any bar date or one year from the date the Invention Disclosure was received, whichever comes first. If no Patent Application is filed within the specified time period, the other Collaborator may assume control of filing the Patent Application and take title to the Subject Invention on ten (10) days written notification. The Collaborator that relinquished the responsibility to file shall retain a nonexclusive, irrevocable, paid-up license to practice the Subject Invention or have the Subject Invention practiced throughout the world by or on its behalf.

Appears in 7 contracts

Samples: Cooperative Research and Development Agreement, Cooperative Research and Development Agreement, Cooperative Research and Development Agreement

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Preserving Intellectual Property Rights. The Collaborator responsible for filing of a Patent Application on any Jointly-Made Subject Invention shall file such Patent Application at least sixty (60) days prior to any bar date or one year from the date the Invention Disclosure was received, whichever comes first. If no Patent Application is filed within the specified time period, the other Collaborator may assume control of filing the Patent Application and take title to the Jointly- Made Subject Invention on ten (10) days written notification. The Collaborator that relinquished the responsibility to file shall retain a nonexclusive, irrevocable, paid-up license to practice the Jointly-Made Subject Invention or have the Jointly-Made Subject Invention practiced throughout the world by or on its behalf.

Appears in 3 contracts

Samples: Navy Cooperative Research and Development Agreement, Navy Cooperative Research and Development Agreement, Cooperative Research and Development Agreement

Preserving Intellectual Property Rights. The Collaborator responsible for filing of a Patent Application on any Subject Invention shall file such Patent Application at least sixty (60) days prior to any bar date date, if possible, or one (1) year from the date the Invention Disclosure was received, whichever comes first. If no Patent Application is filed within the specified time period, the any other Collaborator may assume control of filing the Patent Application and take title to the Subject Invention on ten (10) days written notification. The Collaborator Any Collaborators that relinquished the responsibility to file shall retain a nonexclusive, irrevocable, paid-up license to practice the Subject Invention or have the Subject Invention practiced throughout the world by or on its behalf, but shall not have the right to sublicense that Subject Invention.

Appears in 2 contracts

Samples: Cooperative Research and Development Agreement (InB:Biotechnologies, Inc.), Cooperative Research and Development Agreement (InB:Biotechnologies, Inc.)

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Preserving Intellectual Property Rights. The Collaborator responsible for filing of a Patent Application on any Subject Invention shall file such Patent Application at least sixty (60) days prior to any bar date or one year from the date the Invention Disclosure was received, whichever comes first. If no Patent Application is filed within the specified time period, the any other Collaborator may assume control of filing the Patent Application and take title to the Subject Invention on ten (10) days written notification. The Collaborator Any Collaborators that relinquished the responsibility to file shall retain a nonexclusive, irrevocable, paid-up license to practice the Subject Invention or have the Subject Invention practiced throughout the world by or on its behalf.

Appears in 1 contract

Samples: Cooperative Research and Development Agreement

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