Common use of SOFTWARE OWNERSHIP AND LICENSE Clause in Contracts

SOFTWARE OWNERSHIP AND LICENSE. United acknowledges that FreeMarkets retains full ownership rights to the BidWare(R)/BidServer(R)suite of software applications and [*], and that United is not acquiring any ownership interest in such technology. The terms under which FreeMarkets will supply the BidWare(R)/BidServer(R)aND [*] technology (collectively "Software") under this Agreement are further described in the Software License Agreement. Unless otherwise agreed in writing by the parties, United also acknowledges that FreeMarkets will retain full ownership rights to any software, including [*], developed by FreeMarkets during the Term.

SOFTWARE OWNERSHIP AND LICENSE. United acknowledges that FreeMarkets retains full ownership rights to the BidWare(R)/BidServer(R)suite of software applications and [*****], and that United is not acquiring any ownership interest in such technology. The terms under which FreeMarkets will supply the BidWare(R)/BidServer(R)aND BidWare(R)/BidServer(R)and [*****] technology (collectively "Software") under this Agreement are further described in the Software License Agreement. Unless otherwise agreed in writing by the parties, United also acknowledges that FreeMarkets will retain full ownership rights to any software, including [*****], developed by FreeMarkets during the Term.