Common use of Process Intellectual Property Clause in Contracts

Process Intellectual Property. All Process Intellectual Property, other than the PROESA™ Intellectual Property, will be owned by Genomatica. Chemtex hereby irrevocably transfers, conveys and assigns to Genomatica all of its right, title, and interest in the Process Intellectual Property, other than the PROESA™ Intellectual Property, and agrees to execute such documents, render such assistance, and take such other action as Genomatica may reasonably request, at Genomatica’s expense, to apply for, register, perfect, confirm, and protect Genomatica’s ownership rights in such Process Intellectual Property. The Parties shall use commercially reasonable efforts to promptly disclose and jointly identify all Process Intellectual Property during the term this JDA. Under the PROESA™ License Agreement, Chemtex will grant to Genomatica the exclusive right under the Chemtex Intellectual Property and PROESA™ Intellectual Property to use the PROESA™ Process Technology with and as part of the Commercial Process. Chemtex shall render such assistance, and take such other action as Genomatica may reasonably request, to protect Genomatica’s license rights in the Chemtex Intellectual Property and PROESA™ Intellectual Property.

Appears in 3 contracts

Samples: Joint Development Agreement (Genomatica Inc), Joint Development Agreement (Genomatica Inc), Joint Development Agreement (Genomatica Inc)

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Process Intellectual Property. All Process Intellectual Property, other than the PROESA™ Intellectual Property, will be owned by Genomatica. Chemtex hereby irrevocably transfers, conveys and assigns to Genomatica all of its right, title, and interest in the Process Intellectual Property, other than the PROESA™ Intellectual Property, and agrees to execute such documents, render such assistance, and take such other action as Genomatica may reasonably request, at Genomatica’s expense, to apply for, register, perfect, confirm, and protect Genomatica’s ownership rights in such Process Intellectual 10 ***Confidential Treatment Requested Property. The Parties shall use commercially reasonable efforts to promptly disclose and jointly identify all Process Intellectual Property during the term this JDA. Under the PROESA™ License Agreement, Chemtex will grant to Genomatica the exclusive right under the Chemtex Intellectual Property and PROESA™ Intellectual Property to use the PROESA™ Process Technology with and as part of the Commercial Process. Chemtex shall render such assistance, and take such other action as Genomatica may reasonably request, to protect Genomatica’s license rights in the Chemtex Intellectual Property and PROESA™ Intellectual Property.

Appears in 1 contract

Samples: Joint Development Agreement

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