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). 22.2 When an IPR, which is created during the course of providing the Services and which is jointly owned by the Parties, (hereinafter referred as ‘Shared IPR’) is to be applied for registration, both Parties shall firstly agree on a Joint Application Agreement and jointly bear and pay for the expenses of the IPR application through registration as well as maintenance fee of the Shared IPR, all of which to be paid to patent offices and attorneys based on respective share of the Shared IPR. Contractor shall conduct the necessary procedures for the IPR application through registration. 22.3 Either Party may practice the Shared IPR by giving a notice about detail of such practice to the other Party.. 22.4 In the event that either Party wishes to license the Shared IPR to a third party(exclusive or non-exclusive), such Party shall have a prior consent of the other Party. 22.5 Notwithstanding clause 22.4 above, Contractor or Sub-Contractor as the case may be shall admit Customer to disclose and/or license the Shared IPR to Project Participants on non-exclusive basis with a notice by Customer without any compensation in consideration with the Purpose of Agreement.

Appears in 3 contracts

Samples: Modeling Study Agreement, Service Agreement, Service Agreement

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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). 22.2 When an IPR, which is created during the course of providing the Services and which is jointly owned by the Parties, (hereinafter referred as ‘Shared IPR’) is to be applied for registration, both Parties shall firstly agree on a Joint Application Agreement and jointly bear and pay for the expenses of the IPR application through registration as well as maintenance fee of the Shared IPR, all of which to be paid to patent offices and attorneys based on respective share of the Shared IPR. Contractor shall conduct the necessary procedures for the IPR application through registration. 22.3 Either Party may practice the Shared IPR by giving a notice about detail of such practice parcitcepractice to the other Party.. 22.4 In the event that either Party Contractor wishes to license the Shared IPR to a third party(exclusive or non-exclusive), such Party Contractor shall have a prior consent of the other PartyPartyCustomer. 22.5 Notwithstanding clause 22.4 above, Contractor or Sub-Contractor as the case Customer may be shall admit Customer to disclose and/or license the Shared IPR to Project Participants on non-exclusive basis with a third party, if Contractor does not give a notice by stipulated in clause 22.3, within 3 months after Customer without any compensation in consideration with asks to Contractor whether Contractor practices the Purpose of AgreementShared IPR.

Appears in 2 contracts

Samples: Services Agreements, Service Agreement

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). 22.2 When an IPR, which is created during the course of providing the Services and which is jointly owned by the Parties, (hereinafter referred as ‘Shared IPR’) is to be applied for registration, both Parties shall firstly agree on a Joint Application Agreement and jointly bear and pay for the expenses of the IPR application through registration as well as maintenance fee of the Shared IPR, all of which to be paid to patent offices and attorneys based on respective share of the Shared IPR. Contractor shall conduct the necessary procedures for the IPR application through registration. 22.3 Either Party may practice the Shared IPR by giving a notice about detail of such practice to the other Party... 22.4 In the event that either Party wishes to license the Shared IPR to a third party(exclusive or non-non- exclusive), such Party shall have a prior consent of the other Party. 22.5 Notwithstanding clause 22.4 above, Contractor or Sub-Contractor as the case may be shall admit Customer to disclose and/or and /or license the Shared IPR to Project Participants on non-non- exclusive basis with a notice by Customer without any compensation in consideration with the Purpose of Agreement.

Appears in 1 contract

Samples: Contract Agreement

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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). 22.2 When an IPR, which is created during the course of providing the Services and which is jointly owned by the Parties, (hereinafter referred as ‘Shared IPR’) is to be applied for registration, both Parties shall firstly agree on a Joint Application Agreement and jointly bear and pay for the expenses of the IPR application through registration as well as maintenance fee of the Shared IPR, all of which to be paid to patent offices and attorneys based on respective share of the Shared IPR. Contractor shall conduct the necessary procedures for the IPR application through registration. 22.3 Either Party may practice the Shared IPR by giving a notice about detail of such practice parcitce to the other Party.. 22.4 In the event that either Party wishes to license the Shared IPR to a third party(exclusive or non-exclusive), such Party shall have a prior consent of the other Party. 22.5 Notwithstanding clause 22.4 above, Contractor or Sub-Contractor as the case may be shall admit Customer to disclose and/or license the Shared IPR to Project Participants METI either on exclusive or non-exclusive basis with a notice by Customer without any compensation in consideration with the Purpose of Agreement.

Appears in 1 contract

Samples: Service Agreement

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