Examples of Licensed Parent Software in a sentence
The terms, conditions and license rights regarding AMD’s Licensed Parent Software used in the provision or receipt of Services hereunder shall be governed by the Intellectual Property Contribution and Ancillary Matters Agreement.
If Spansion or any of its Subsidiaries becomes aware of any unauthorized (whether intentional or accidental) use or disclosure of any Shared Technology or Licensed Parent Software that Spansion believes has or will have a Material Adverse Effect on Spansion, STI or either Parent, Spansion will promptly notify the Provider Party(ies).
Such measures may include instructing and requiring (through written nondisclosure agreement or otherwise) Third Party recipients of such Shared Technology and Licensed Parent Software to maintain the confidentiality thereof, and limiting internal disclosures of such Shared Technology and Licensed Parent Software to those employees of Spansion and its Subsidiaries who have a need to access such Shared Technology and Licensed Parent Software and who are bound to retain the confidentiality thereof.
Each Contributing Party shall, upon the Amendment Date, deliver (if not already delivered to LLC pursuant to the terms of the IPCAAMA) to STI tangible (including machine-readable, as appropriate) embodiments of all Shared Technology and Licensed Parent Software in its possession through the transfer of facilities, personal property contained therein and employees.
Without limiting or affecting any other provision in this Section 2.10, each Contributing Party agrees that if STI shall submit a request for a tangible embodiment with respect to Shared Technology or Licensed Parent Software as provided in Sections 2.10 after the expiration of the six-month period, such Contributing Party shall consider the request; provided, however, that such request can be denied by Parent in its sole and absolute discretion.
If a Contributing Party discovers any tangible embodiment of Shared Technology or Licensed Parent Software in its possession that was required to be, but was not, delivered to STI, such Contributing Party shall promptly inform STI of any such error and promptly deliver, at no charge, such tangible embodiment to a location reasonably designated by STI.
Subject to the Software License Terms, each Parent hereby grants, effective as of the Effective Date, to STI a non-exclusive and non-transferable license, under its Other IP Rights, to use internally the Licensed Parent Software for which such Parent is Provider Party.
Spansion and STI shall use (and shall cause its Subsidiaries to use) the same care and measures to protect the confidentiality of the Shared Technology and Licensed Parent Software provided by each Parent as STI uses for its other confidential or proprietary information or material of a similar nature (including the Shared Technology and Licensed Parent Software provided by the other Parent), but no less than a reasonable degree of care.
If a Parent Party or Company Party creates or invents any new Intellectual Property after the Effective Date that is a modification, improvement or derivative work (a “Derivative Work”) of any Intellectual Property owned by the Other Parties, Additional Joint IP or, with respect to the Company Parties, the Licensed Parent Software, the Party creating or inventing such Derivative Work shall exclusively own all rights in the new subject matter and shall have no obligation to license it to the Other Parties.
The Parties acknowledge that, to the best of their knowledge, the Companies have received a copy of the source code of the Licensed Parent Software (the “Source Code”) on or prior to the Effective Date, and the Parent Parties are not required to provide or deliver any other materials to the Company Parties with respect to the Licensed Parent Software other than Source Code in existence prior to the Effective Date that was not delivered to the Companies prior to the Effective Date.