Examples of Foreground Technology in a sentence
Further, to the extent that exclusive title and ownership rights in Foreground Technology does not originally vest in Honeywell, Subcontractor hereby irrevocably assigns, transfers, and conveys to Honeywell all right, title and interest in and to all Foreground Technology with Honeywell having the sole and exclusive right to obtain, hold and renew, in its own name or for its own benefit, patents, copyrights, registrations, or other appropriate protection.
To the extent required, Subcontractor hereby agrees to grant and grants to Honeywell any and all license rights in Subcontractor’s Background Technology required for Honeywell to use the assigned Foreground Technology in the normal course of Honeywell’s business operations.
Each work of authorship constituting Subcontractor’s Foreground Technology is deemed to be a “work made for hire” under U.S. Copyright Law and Honeywell will be deemed the author of such work.
No Foreground Technology rights of any kind are reserved or retained by Subcontractor.
All Foreground Technology will be the sole and exclusive property of Honeywell and Honeywell will retain any and all rights to file any patent applications or other registrations thereon.