Common use of Prosecution of Patent Rights Clause in Contracts

Prosecution of Patent Rights. QMT, by counsel it selects, shall have the right, but not the obligation, to prepare, file, prosecute and maintain the Patent Rights in QMT’s name and in countries designated by QMT at the sole discretion of QMT. QMT shall bear all the costs and expenses associated with the filing, prosecution and maintenance of such Patent Rights.

Prosecution of Patent Rights. QMT, by counsel it selects, shall have the right, but not the obligation, to may prepare, file, prosecute prosecute, and maintain the Patent Rights in QMT’s 's name and in countries designated by QMT at the sole discretion of QMTits discretion. QMT shall bear all the costs and expenses associated with the filing, prosecution prosecution, and maintenance of such Patent Rights.