Common use of Seagate IP Rights Clause in Contracts

Seagate IP Rights. As soon as feasible after the date hereof SSI ----------------- and VERITAS shall confirm whether the Intellectual Property Rights and Intangible Assets required for the production, development, marketing and support of the Group Products are included in the Intellectual Property Rights included in the Group Assets duly transferred to Newco pursuant hereto. If such items are discovered then the Group Assets shall be expanded to include, and there shall be duly assigned to Newco by the appropriate Contributing Company all such Intellectual Property Rights and Intangible Assets required for the production of the Group Products which were acquired or developed with funds charged to the Group Financial Statements, or if not so charged to the Group Financial Statements, then Newco shall be provided a non- exclusive, fully paid, perpetual license for use of such Intellectual Property Rights and Intangible Assets for the purpose of producing, developing, marketing and supporting the Group Products. If the Intellectual Property Rights and Intangible Assets included or added to the Group Assets are also required for the production of the products produced by SSI and its subsidiaries (other than the Group Products) then Newco (or its subsidiary, which receives said Intellectual Property Rights and Intangible Assets constituting Group Assets) shall provide SSI, or its designated subsidiary, with a fully paid, non- exclusive, perpetual license for use of such Intellectual Property Rights and Intangible Assets for the purpose of producing such other products. This Section 4.19 shall survive Closing for two years.

Seagate IP Rights. As soon as feasible after the date hereof SSI and ----------------- and VERITAS shall confirm whether the Intellectual Property Rights and Intangible Assets required for the production, development, marketing and support of the Group Products are included in the Intellectual Property Rights included in the Group Assets duly transferred to Newco pursuant hereto. If such additional items not so transferred are discovered discovered, then (a) the Group Assets shall be expanded to include, and there shall be duly assigned to Newco by the appropriate Contributing Company Company, all such additional Intellectual Property Rights and Intangible Assets required for the production of the Group Products which provided such Intellectual Property Rights were acquired or developed with funds charged to the Group Financial Statements, ; or (b) if not so charged to the Group Financial Statements, then Newco shall be provided a non- non-exclusive, fully paid, perpetual perpetual, irrevocable license for to use of such Intellectual Property Rights and Intangible Assets for the purpose of producing, developing, marketing and supporting the Group Products. If the Intellectual Property Rights and Intangible Assets included or added to the Group Assets are also required for the production of the products produced by SSI and its subsidiaries (other than the Group Products) then Newco (or its subsidiary, which receives said Intellectual Property Rights and Intangible Assets constituting Group Assets) shall provide SSI, or its designated subsidiary, with a fully paid, non- exclusive, perpetual perpetual, irrevocable license for to use of such Intellectual Property Rights and Intangible Assets for the purpose of producing such other products. This Section 4.19 shall survive Closing for two years.

Seagate IP Rights. As soon as feasible after the date hereof SSI ----------------- and VERITAS shall confirm whether the Intellectual Property Rights and Intangible Assets required for the production, development, marketing and support of the Group Products are included in the Intellectual Property Rights included in the Group Assets duly transferred to Newco pursuant hereto. If such additional items not so transferred are discovered discovered, then (a) the Group Assets shall be expanded to include, and there shall be duly assigned to Newco by the appropriate Contributing Company Company, all such additional Intellectual Property Rights and Intangible Assets required for the production of the Group Products which provided such Intellectual Property Rights were acquired or developed with funds charged to the Group Financial Statements, ; or (b) if not so charged to the Group Financial Statements, then Newco shall be provided a non- non-exclusive, fully paid, perpetual perpetual, irrevocable license for to use of such Intellectual Property Rights and Intangible Assets for the purpose of producing, developing, marketing and supporting the Group Products. If the Intellectual Property Rights and Intangible Assets included or added to the Group Assets are also required for the production of the products produced by SSI and its subsidiaries (other than the Group Products) then Newco (or its subsidiary, which receives said Intellectual Property Rights and Intangible Assets constituting Group Assets) shall provide SSI, or its designated subsidiary, with a fully paid, non- non-exclusive, perpetual perpetual, irrevocable license for to use of such Intellectual Property Rights and Intangible Assets for the purpose of producing such other products. This Section 4.19 shall survive Closing for two years.. 4.20

Seagate IP Rights. As soon as feasible after the date hereof SSI ----------------- and VERITAS shall confirm whether the Intellectual Property Rights and Intangible Assets required for the production, development, marketing and support of the Group Products are included in the Intellectual Property Rights included in the Group Assets duly transferred to Newco pursuant hereto. If such items are discovered then the Group Assets shall be expanded to include, and there shall be duly assigned to Newco by the appropriate Contributing Company all such Intellectual Property Rights and Intangible Assets required for the production of the Group Products which were acquired or developed with funds charged to the Group Financial Statements, or if not so charged to the Group Financial Statements, then Newco shall be provided a non- non-exclusive, fully paid, perpetual license for use of such Intellectual Property Rights and Intangible Assets for the purpose of producing, developing, marketing and supporting the Group Products. If the Intellectual Property Rights and Intangible -50- 59 Assets included or added to the Group Assets are also required for the production of the products produced by SSI and its subsidiaries (other than the Group Products) then Newco (or its subsidiary, which receives said Intellectual Property Rights and Intangible Assets constituting Group Assets) shall provide SSI, or its designated subsidiary, with a fully paid, non- non-exclusive, perpetual license for use of such Intellectual Property Rights and Intangible Assets for the purpose of producing such other products. This Section 4.19 shall survive Closing for two years.