Joint Foreground Technology definition
Examples of Joint Foreground Technology in a sentence
Subject to the following, the parties shall equally share the costs of filing, prosecution and maintenance of Joint Foreground Technology.
Joint Foreground Technology shall constitute Confidential Information of both Amylin and Sandoz.
In the event that a party desires to abandon any patent application or patent which belongs to Joint Foreground Technology or to the Amylin Assigned Technology or to the Sandoz Foreground Technology, such party shall provide reasonable prior written notice to the other party of its intention to abandon such patent application or patent.
Each Party shall regularly notify the other Party in writing of any newly created Joint Foreground Technology.
In respect of any Joint Foreground Technology, Amylin hereby grants to Sandoz a perpetual, worldwide, non-exclusive, royalty-free license (which shall be assignable and sublicensable) under its interest in such Joint Foreground Technology to manufacture, have manufactured, sell, offer for sale or otherwise use any product other than the Product or any Analogs.
In such event, the other party shall have the right, but not the obligation, to assume such Joint Foreground Technology or such Amylin Assigned Technology or such Sandoz Foreground Technology by notifying the abandoning party in writing within thirty (30) days about its intention.
To the extent any further consent is required to enable a Party to so license or exploit its interest in the Joint Foreground Technology, the other Party will grant consent promptly upon request.
The Parties will cooperate with respect to patent and other Intellectual Property Rights applications and registrations, maintenance protection and enforcement thereof, for Joint Foreground Technology.
The Party which has decided to abandon its involvement as aforesaid (and, in the case of ST, ST’s Affiliates) will be licensed to use or have used for its own purposes the Joint Foreground Technology concerned provided this Party complies with the confidentiality obligations set out in Paragraph 7 to the extent the Joint Foreground Technology constitutes Confidential Information of the other Party.
Without limitation, each Party will cooperate with the other Party if the Parties determine to apply for U.S. or foreign patent protection for any Joint Foreground Technology and will obtain the cooperation of the individual inventors of any such Joint Foreground Technology.