Examples of Foreground Intellectual Property Rights in a sentence
Buyer and Seller will each retain ownership of any Foreground Intellectual Property Rights that are solely created or made by their respective employees, agents or subcontractors (“Personnel”) without material assistance of the other Party.
Foreground Intellectual Property Rights that are created with material assistance of both Parties will be jointly owned, and Buyer and Seller will each have the ability to grant licenses without consultation and without any duty of accounting to each other for any use or purpose.
For clarity, unless an express written period of exclusivity has been promised to Buyer, Foreground Intellectual Property Rights owned or controlled by Seller may be immediately exploited by Seller in connection with Seller’s business with Seller’s other customers and will not be exclusive to Seller's performance of the Contract.