Common use of Sharing of Proprietary Rights of Intellectual Property Clause in Contracts

Sharing of Proprietary Rights of Intellectual Property. 22.1 In the event that Contractor wishes to share IPR, which may be created during the course of providing the Services, nevertheless clause 21.2, if Contractor submits an “Application for Sharing Proprietary Rights of IPR” (Form No. 10) on the date of Agreement, and such IPR shall be shared by Customer and Contractor, provided, however, that the share of the IPR acquired by Contractor shall be equal to or lower than 50%. A part or all of Contractor’s share of the IPR may be jointly owned with Subcontractor(s).