Company Background Technology definition

Company Background Technology any technology that was conceived, created or developed by or for the Company (alone or with others) either: i. prior to the Commencement Date; or ii. after the Commencement Date but outside the scope of the Development Services; and includes the Company's Pre-Existing Materials and Software.

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Company Background Technology means technical information and know-how, including any invention, improvement or discovery, whether or not patentable, that is conceived, owned or controlled by Company prior to the Effective Date or that is generated or created by Company independently of this Contract during or after the Term of this Contract, including any patent rights which claim such technical information, know-how, or both.

Company Background Technology means all Company Background Know-How and Company Background Patents.

Examples of Company Background Technology in a sentence

Company may, during the Term, enter into one or more agreements to acquire or in-license rights to additional intellectual property that, if solely owned by Company, without any encumbrance or restriction on licensing, would constitute Company Background Technology.
For clarity, any intellectual property rights in-licensed or acquired by Company pursuant to a Proposed New Company Agreement that is not a New Company Agreement (i.e., under which Vertex does not agree to take a license or sublicense) shall not be included in Company Background Technology.
As between the Parties, Company will own and retain all of its rights, title and interest in and to the Company Background Technology and Vertex will own and retain all of its rights, title and interest in and to any Vertex Background Technology, subject to any assignments, rights or licenses expressly granted by one Party to the other Party under this Agreement.
As between the Parties, Company will own and retain all of its rights, title and interest in and to the Company Background Technology, and Vertex will own and retain all of its rights, title and interest in and to any Vertex Background Technology, subject to any rights or licenses expressly granted by one Party to the other Party under this Agreement.
Following such notice, subject to the terms of such Proposed New Company Agreement that are applicable to a Licensee thereunder, such intellectual property rights shall automatically be deemed included in the Company Background Technology (any such Proposed New Company Agreement with respect to such intellectual property rights that are included in the Company Background Technology pursuant to this sentence, a “New Company Agreement”).
The Company shall have sole and exclusive ownership of all right, title and interest on a worldwide basis in and to any and all Company Background Technology, Company Patent Rights and Company Inventions.

More Definitions of Company Background Technology

Company Background Technology means Company’s Technology created or developed by or for Company either (i) prior to the date of the Prior Interim Agreement or (ii) subsequent to the date of the Prior Interim Agreement if conceived, reduced to practice, authored, created or developed by Company separately and independently of the services or any other activity performed by Company under or governed by the Prior Interim Agreement or the Interim Agreement and separately and independently of its provision of any Services, and all Intellectual Property Rights therein or thereto. “Prior Interim Agreement” means the Interim Agreement, dated March 9, 2012, as amended on March 21, 2012 and March 30, 2012, between Apple and Company. “Interim Agreement” means the Second Interim Agreement, dated May 16, 2012, between Apple and Company.

Company Background Technology means any Technology that is Controlled by the Company as of the Effective Date and used by the Company in the conduct of the Project. For purposes of clarity, Company Background Technology shall not include any Company Inventions.

Company Background Technology means any Technology used by Company in connection with the performance of the Project or incorporated by Company into any Work Product, that is developed, acquired, or otherwise obtained by Company prior to the commencement of the Project.