S tandard Setting Organizations and ETSI’s IPR Policy Sample Clauses

S tandard Setting Organizations and ETSI’s IPR Policy. 25 Standard setting organizations (“SSOs”) are voluntary membership 26 organizations whose participants engage in the development of industry standards 27 for the benefit of their members, affiliates, and third parties implementing the 28 standards. SSOs and the standards they promulgate play an important role in the 1 technology market, because SSOs allow companies to agree on common technology 2 standards so that compliant products implementing the standards will work together. 3 Standards also deliver economic benefits to innovators, firms that implement the 4 standards, and consumers who benefit from continued innovation, reduced costs, 5 and other efficiencies from widespread interoperability and economies of scale and 6 scope enabled by the standard. 7 Standards can also potentially impose excessive and unfair costs on these 8 same constituencies when owners of patents that cover or are declared to cover 9 various technologies necessary to practice a standard engage in opportunistic 10 behavior. Therefore, in order to prevent SEP owners from unfairly exploiting 11 alleged SEPs, SSOs have adopted intellectual property rights (“IPR”) policies. The 12 IPR policies permit standard setting participants the opportunity to have their 13 technology incorporated into a standard and to receive compensation for its use in a 14 larger number of devices that operate using the standard in exchange for agreeing to 15 license any such SEP on fair, reasonable, and non-discriminatory (“FRAND”)
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Related to S tandard Setting Organizations and ETSI’s IPR Policy

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  • Professional Organizations During the Term, Executive shall be reimbursed by the Company for the annual dues payable for membership in professional societies associated with subject matter related to the Company's interests. New memberships for which reimbursement will be sought shall be approved by the Company in advance.

  • Contractor Certification regarding Business with Certain Countries and Organizations Pursuant to Subchapter F, Chapter 2252, Texas Government Code], Contractor certifies Contractor is not engaged in business with Iran, Sudan, or a foreign terrorist organization. Contractor acknowledges this Agreement may be terminated and payment withheld if this certification is inaccurate.

  • Foreign-Owned Companies in Connection with Critical Infrastructure If Texas Government Code, Section 2274.0102(a)(1) (relating to prohibition on contracts with certain foreign-owned companies in connection with critical infrastructure) is applicable to this Contract, pursuant to Government Code Section 2274.0102, Contractor certifies that neither it nor its parent company, nor any affiliate of Contractor or its parent company, is: (1) majority owned or controlled by citizens or governmental entities of China, Iran, North Korea, Russia, or any other country designated by the Governor under Government Code Section 2274.0103, or (2) headquartered in any of those countries.

  • CERTIFICATION REGARDING CERTAIN FOREIGN-OWNED COMPANIES IN CONNECTION WITH CRITICAL INFRASTRUCTURE (Texas law as of September 1, 2021) By submitting a proposal to this Solicitation, you certify that you agree to the following required by Texas law as of September 1, 2021: Proposing Company is prohibited from entering into a contract or other agreement relating to critical infrastructure that would grant to the company direct or remote access to or control of critical infrastructure in this state, excluding access specifically allowed by the Proposing Company for product warranty and support purposes. Company, certifies that neither it nor its parent company nor any affiliate of company or its parent company, is (1) owned by or the majority of stock or other ownership interest of the company is held or controlled by individuals who are citizens of China, Iran, North Korea, Russia, or a designated country; (2) a company or other entity, including governmental entity, that is owned or controlled by citizens of or is directly controlled by the government of China, Iran, North Korea, Russia, or a designated country; or (3) headquartered in China, Iran, North Korea, Russia, or a designated country. For purposes of this contract, “critical infrastructure” means “a communication infrastructure system, cybersecurity system, electric grid, hazardous waste treatment system, or water treatment facility.” See Tex. Gov’t Code § 2274.0101(2) of SB 1226 (87th leg.). The company verifies and certifies that company will not grant direct or remote access to or control of critical infrastructure, except for product warranty and support purposes, to prohibited individuals, companies, or entities, including governmental entities, owned, controlled, or headquartered in China, Iran, North Korea, Russia, or a designated country, as determined by the Governor.

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