Common use of Supplier Materials and ProcurePro Clause in Contracts

Supplier Materials and ProcurePro. (a) Unless expressly specified otherwise in this Agreement: (i) the Supplier (or its licensors, as applicable) retains ownership of all Intellectual Property Rights subsisting in ProcurePro and Supplier Materials; and (ii) any modification or enhancement to ProcurePro or Supplier Material is deemed to form part of ProcurePro or Supplier Materials (as applicable) and all Intellectual Property Rights in such modification or enhancement vest in the Supplier immediately from creation. (b) If ProcurePro or Supplier Materials are modified or enhanced by or on behalf of the Customer, then the Customer: (i) assigns to the Supplier all Intellectual Property Rights it has in such modification or enhancement immediately from creation; and (ii) where applicable, must procure that the relevant third party assigns to the Supplier all Intellectual Property Rights that the relevant third party has in such modification or enhancement, and must ensure that any necessary document is signed, or any other necessary things are done, as required to give effect to that assignment. (c) The Customer acknowledges and agrees that all Intellectual Property Rights in the Feedback are owned by, and vest in, the Supplier upon creation.

Appears in 8 contracts

Samples: Saas Supply Agreement, Supply Agreement, Saas Supply Agreement

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