PRODUCT PROJECT RIGHTS Sample Clauses

PRODUCT PROJECT RIGHTS. Except, as otherwise set forth herein, all Project Rights specific to Project Compounds and Products derived therefrom, (collectively referred hereinafter as "Product Project Rights"), shall be owned solely by Lilly. SIBIA hereby disclaims any right, title or interest in the Product Project Rights. In order to ensure such sole ownership interest in Product Project Rights is fully vested in Lillx, XXXXX xxxll (or shall cause its subcontractor or other agents conducting Project services hereunder to do the same) promptly after the conception, discovery, invention and/or development of Product Project Rights cooperate with Lilly in completing any patent applications relating to such Product Project Rights, and in executing and delivering any instrument that may be reasonably required to assign, convey or transfer to Lilly any ownership interest, if any, that SIBIA may have in such Product Project Rights. Moreover, promptly after the conception, discovery, invention and/or development of Product Project Rights, SIBIA shall, to the extent not already in Lilly's possession, furnish (and shall cause any subcontractor or agent used by SIBIA in providing Project services hereunder to furnish) to Lilly all Information encompassed in Product Project Rights.
Sample 1
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Related to PRODUCT PROJECT RIGHTS

  • Know-How Royalty Notwithstanding the provisions of Section 5.4.1(a), in countries where the sale of Product by Merck or its Related Parties would not infringe a Valid Patent Claim, Merck shall pay royalty rates that shall be set at [***] of the applicable royalty rate determined according to Section 5.4.1(a). Such royalties shall be calculated after first calculating royalties under Section 5.4.1(a).

  • PROGRESS AND ROYALTY REPORTS 8.1. For the period beginning January 1st 2007, LICENSEE will submit to REGENTS a semi-annual progress report covering LICENSEE’s activities related to the development and testing of all LICENSED PRODUCTS, LICENSED SERVICES and LICENSED METHOD and the obtaining of necessary governmental approvals, if any, for marketing in the United States. These progress reports will be made for all development activities until the first SALE occurs in the United States.

  • Licensed Technology The term "Licensed Technology" shall mean the ------------------- Licensed Patents, plus all improvements thereto developed by Licensor, and all related data, know-how and technology.

  • Intellectual Property; Software (a) Schedule 4.12 contains a list and description (showing in each case any product, device, process, service, business or publication covered thereby, the registered or other owner, expiration date and number, if any) of all Copyrights, Patent Rights and Trademarks owned by, licensed to or used by the Company.

  • Licensed Software Section 3.17(f).......................................27

  • Background Technology List here prior contracts to assign Inventions that are now in existence between any other person or entity and you. [ ] List here previous Inventions which you desire to have specifically excluded from the operation of this Agreement. Continue on reverse side if necessary.

  • Background Intellectual Property The Recipient must own the Background Intellectual Property or hold sufficient Background Intellectual Property Rights to permit the Project to be carried out and the Project Intellectual Property to be exploited by the Recipient.

  • Joint Improvements Rights and title to the Technology, whether or not patentable, and any patent applications or patents based thereon, which directly relate to and are not severable from Licensor IP and which are improvements thereto by both LICENSOR AND LICENSEE shall be jointly owned intellectual property by LICENSOR AND LICENSEE.

  • Development Rights The Employee agrees and declares that all proprietary information including but not limited to trade secrets, know-how, patents and other rights in connection therewith developed by or with the contribution of Employee's efforts during his employment with the Company shall be the sole property of the Company. Upon the Company's request (whenever made), Employee shall execute and assign to the Company all the rights in the proprietary information.

  • Manufacturing Rights Manufacturing Rights will be governed by Attachment 6.

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