Common use of Technology Retention Clause in Contracts

Technology Retention. Except as may otherwise be specifically contemplated by this Agreement, following the Closing, Seller shall not retain copies of any Software or other technology included in the Seller IP or Seller IT Systems included in the Purchased Assets, even if such Purchased Assets are such that more than one copy may exist. Seller hereby waives, solely for the benefit of Buyer and its Affiliates, any rights to which Seller is entitled under any employee confidential information and invention assignment agreement or similar Contract or arising under applicable Law with respect to the subject matter thereof.

Technology Retention. Except as may otherwise be specifically contemplated by this Agreement, following Following the Closing, Seller shall not retain copies of any of the Product Software or other technology Technology included in the Seller IP or Seller IT Systems included in the Purchased Transferred Assets, even if such Purchased Transferred Assets are such that more than one copy may exist. Seller hereby waives, solely for the benefit of Buyer Purchaser and its Affiliatessubsidiaries and affiliates, any rights to which Seller is entitled under any employee confidential information and invention assignment agreement or similar Contract or arising under applicable Law law with respect to the subject matter thereof.

Technology Retention. Except as may otherwise be specifically contemplated by this Agreement, following the Closing, Seller shall not retain copies of any Software or other technology Technology included in the Seller IP Transferred IPR or Seller IT Systems any other Technology included in the Purchased Transferred Assets, even if such Purchased Transferred Assets are such that more than one copy may exist. Seller hereby waives, solely for the benefit of Buyer and its Affiliatesaffiliates, any rights to which Seller is entitled under any employee confidential information and invention assignment agreement or similar Contract or arising under applicable Applicable Law with respect to the subject matter thereof.

Technology Retention. Except as may otherwise be specifically contemplated by this Agreement, following Following the Closing, Seller shall not retain copies of any of the Product Software or other technology Technology included in the Seller IP or Seller IT Systems included in the Purchased Transferred Assets, even if such Purchased Transferred Assets are such that more than one copy may exist. , and Seller hereby waives, solely for the benefit of Buyer Purchaser and its Affiliatessubsidiaries and affiliates, any rights to which Seller it is entitled under any employee confidential information and invention assignment agreement or similar Contract or arising under applicable Law law with respect to the subject matter thereof.