Common use of RESULTS OF THE PROJECT Clause in Contracts

RESULTS OF THE PROJECT. 6.1 The deliverables from the project are defined and included in the project document as 6.2 It is the responsibility of the institutional (third part) and industrial partner (second part) to protect any intellectual property rights that may result from the project in consultation with other project partners as per the agreed terms. 6.3 Existing IP (background IP) of the project partners will remain with the respective owners. Ownership of the IP generated in this project would be shared amongst the project partners as per the mutually agreed terms and conditions. 6.4 Any publication in journals, presentation in seminars in respect of the project is permitted only in consultation and concurrence with all partners. Such publication should acknowledge the support extended by IGSTC. 6.5 Both parties shall have right to commercially exploit / conduct further research work on the intellectual property in the project so developed. IGSTC may be kept informed about the commercialization and IP developed.

RESULTS OF THE PROJECT. 6.1 The deliverables from the project are defined and included in the project document asas Annexure 1. 6.2 It is the responsibility of the institutional (third part) and industrial partner (second part) to protect any intellectual property rights that may result from the project in consultation with other project partners as per the agreed terms. 6.3 Existing IP (background IP) of the project partners will remain with the respective owners. Ownership of the IP generated in this project would be shared amongst the project partners as per the mutually agreed terms and conditions. 6.4 Any publication in journals, presentation in seminars in respect of the project is permitted only in consultation and concurrence with all partners. Such publication should acknowledge the support extended by IGSTC. 6.5 Both parties shall have right to commercially exploit / conduct further research work on the intellectual property in the project so developed. IGSTC may be kept informed about the commercialization and IP developed.

RESULTS OF THE PROJECT. 6.1 The deliverables from the project are defined and included in the project document as 6.2 as Annexure 1. It is the responsibility of the institutional (third part) and industrial partner (second part) to protect any intellectual property rights that may result from the project in consultation with other project partners as per the agreed terms. 6.3 . Existing IP (background IP) of the project partners will remain with the respective owners. Ownership of the IP generated in this project would be shared amongst the project partners as per the mutually agreed terms and conditions. 6.4 . Any publication in journals, presentation in seminars in respect of the project is permitted only in consultation and concurrence with all partners. Such publication should acknowledge the support extended by IGSTC. 6.5 . Both parties shall have right to commercially exploit / conduct further research work on the intellectual property in the project so developed. IGSTC may be kept informed about the commercialization and IP developed.