Examples of Jointly Developed in a sentence
Each party shall promptly disclose to the Committee the conception or reduction to practice of any Jointly Developed Technology that the disclosing party believes has a reasonable likelihood of receiving patent protection.
Promptly after such disclosure, the Committee shall meet (in person or by teleconference) to discuss such Jointly Developed Technology, including (i) whether to proceed with a patent application with respect thereto and (ii) the jurisdictions in which such patent application should be filed.
The Responsible Party shall diligently prosecute and maintain, using commercially reasonable practices, patent applications and patents with respect to Jointly Developed Technology for which it is responsible, and promptly provide the other party with copies of all relevant documentation with respect thereto.
With respect to Jointly Developed Intellectual Property, each party shall notify the other party of such possible infringement.
Except as set forth in Section 4(c)(iii) below, if either party desires to license any of its rights to the Jointly Developed Intellectual Property herein to a third party, it shall obtain the prior written consent of the other party hereto.
If both parties agree to initiate appropriate action to cause any infringement of Jointly Developed Intellectual Property to cease, including if necessary bringing suit to enjoin such infringement, the parties shall share the expense and split any damages or other court compensation equally, or in some other proportion to be agreed by the parties prior to initiating an action.
Each party shall have an equal, undivided, joint ownership interest in all right, title and interest (including Intellectual Property Rights) in and to such Jointly Developed IP immediately upon its creation.
Notwithstanding the rights of Dermion and Ciba as joint owners of Jointly Developed Technology pursuant to Section 4.3(a), any use of Jointly Developed Technology by Dermion and Ciba shall be subject to Article 3 hereof.
Each Party agrees that it shall obtain from its officers, employees and consultants, duly binding agreements by such persons to: (i) disclose and, to the extent necessary, to transfer all Jointly Developed IP and Project IP to such Party; and (ii) perfect ownership of all Jointly Developed IP and Project IP rights in such Party.
Prior to such publication, Scripps shall submit to Optionee copies of proposed publications which contain subject matter relating to Scripps Technology or Jointly Developed Technology and afford Optionee a period of thirty (30) days to review the publication.