Foreground Intellectual Property definition
Examples of Foreground Intellectual Property in a sentence
For purposes of this Section, “Protected Collaboration Assets” means (i) SunHydrogen Background Intellectual Property, (ii) 2024 TCA IP; (iii) Foreground Intellectual Property, and (iii) SunHydrogen Confidential Information.
SunHydrogen shall not use any Foreground Intellectual Property for the purpose of engaging other PV firms in manufacturing activities based on or incorporating CTF’s contributions, either directly or through a license agreement with a third party, without the prior written consent of CTF.
However, upon termination: CTF shall not use Foreground Intellectual Property for the PEC Device based research, development, prototyping, testing, funding, manufacturing, commercialization, deployment, and production of hydrogen, fuels, or chemicals—whether directly or through licensing to a third party—without the prior written consent of SunHydrogen.