Rights in Inventions. (a) Sole Inventions (i) All right, title and interest in and to inventions created solely by a Party during the Development Period and arising out of the Development Project, which inventions are not made jointly with employees, contractors, consultants or agents of the other Party, shall remain vested in the Party which created it. (ii) Either Party may file patent applications for its sole inventions, but neither Party shall be required to file such patent applications, secure any patent or maintain any patent.
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Samples: Development Agreement (Mphase Technologies Inc), Development Agreement (Mphase Technologies Inc), Development Agreement (Mphase Technologies Inc)
Rights in Inventions. (a) Sole Inventions
(i) All right, title and interest in and to inventions created solely by a Party during the Development Period and arising out of the Development Project, which inventions are not made jointly with employees, contractors, consultants or agents of the other Party, shall remain vested in the Party which created it.
(ii) Either Party may file patent applications for its sole inventions, but neither Party shall be required to file such patent applications, secure any patent or maintain any patent.. MPhase, Inc. DEVELOPMENT AGREEMENT
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