Company Background Intellectual Property definition
Examples of Company Background Intellectual Property in a sentence
The Company owns or has the right to use pursuant to a valid and enforceable, written license, sublicense, agreement, or other permission, all Company Background Intellectual Property existing as of the date hereof.
The Company shall own all Company Background Intellectual Property and all Non-HD Intellectual Property.
In clarification of the foregoing, the Foundation acknowledges and understands (i) the sensitive nature of the Company Background Intellectual Property and (ii) the extent to which the Company seeks to protect Company Background Intellectual Property and confidential information.
The Parties further agree that any such license shall (A) contain appropriate and reasonable restrictions under the circumstances designed to safeguard the integrity and proprietary nature of the Company Background Intellectual Property and (B) be for a term no longer than is necessary to commercially exploit the HD Intellectual Property.
For clarity, this Section 8(c)(i) will apply to (A) all Project Intellectual Property and (B) all Company Background Intellectual Property and Foundation Background Intellectual Property that was conceived, discovered, invented, made or first reduced to practice in the course of the performance of the Research in the conduct of the Project.
For the avoidance of doubt, the Foundation hereby agrees that the Company shall not be required to share or otherwise disclose or distribute any Company Background Intellectual Property (as defined in SECTION 7).
For the avoidance of doubt, the use of any Company Background Intellectual Property pursuant to this Section 11(b)(i) shall be solely for HD Research and Development and for no other purposes.
Except for the Required Third Party Intellectual Property Rights, the Company Background Intellectual Property existing as of the date hereof constitutes all Intellectual Property necessary or useful to conduct and perform the Research Project and the other obligations of the Company under this Agreement.
Except for the Specialized Third Party Licenses, the Company Background Intellectual Property existing as of the date hereof constitutes all Intellectual Property necessary or useful to conduct and perform the Research Project and the other obligations of the Company under this Agreement.
As between the Foundation and the Company, the Company shall own all Company Background Intellectual Property.