Common use of Rights of the Matching Fund Contributors -Election to Retain Rights Clause in Contracts

Rights of the Matching Fund Contributors -Election to Retain Rights. a. As stated in Exhibit C Paragraph 17, before any Match Fund contribution of funds, personnel and/or equipment, Facility Operator shall require each MFC to enter into a MFC Collaborative Agreement with Facility Contractor in which MFCs agree to comply with the applicable terms, conditions, and obligations of this Agreement pursuant to the Project Task in which the MFC will participate and provide Match Funds. b. Subject to the provisions of paragraph 6 of this Exhibit and the MFC Collaboration Agreement, with respect to any Subject Invention reported and elected in accordance with paragraph 7(a) of this Exhibit, an MFC may elect to obtain the entire right, title and interest throughout the world to each Subject Invention made by the MFC's employees and any patent application filed in any country on that Subject Invention and in any resulting patent secured by the MFC. Where appropriate, the filing of patent applications by the MFC is subject to DOE and other United States Government (Government) security regulations and requirements. c. Any MFC Collaborative Agreement must ensure that the MFC agrees to grant a license to the Sponsor and the Government to fulfill the obligations in section (1) above. d. For paragraphs 4 through 8 below, the term “MFC” replaces the term “Sponsor” when determining the rights, obligations and responsibilities of an MFC.