Joint Collaboration Inventions definition
Examples of Joint Collaboration Inventions in a sentence
Each Party hereby assigns to the other Party such interest in such Joint Collaboration Inventions and Joint Collaboration Patents as necessary to vest joint ownership in the Parties.
Each Party shall be responsible for payment of any consideration which it is required to pay to its employees or independent consultants or subcontractors as compensation for the assignment of rights to any Artiva Product Inventions, Affimed Inventions, or Joint Collaboration Inventions, as applicable, according to the legal provisions applicable in the relevant country and/or a contractual obligation.
Each Party shall have the right to exploit Joint Collaboration Inventions outside the Collaborative Field without accounting to the other.
No Party will have any duty to account to the other for profits or revenues generated from the commercialization of Joint Collaboration Inventions except as otherwise specifically provided in this Agreement.
Ownership of all of the Joint Collaboration Inventions, the Joint Collaboration Know How and the Joint Collaboration Patent Rights shall vest in and be owned by the Parties jointly in equal and undivided shares.