Common use of Spark Derivative IP Clause in Contracts

Spark Derivative IP. Subject to the provisions of the relevant Letter Agreement or PO, all Spark Derivative IP will vest in Spark or its nominee(s) as and when that Intellectual Property comes into existence, and if for any reason some or all of that Spark Derivative IP vests in Supplier or its Affiliates or Subcontractors despite this clause 9.3, Supplier hereby assigns that Spark Derivative IP to Spark.