Novel Intellectual Property definition
Novel Intellectual Property means individually and collectively all Intellectual Property which are conceived and/or made by one or more employees of University in performance of Project, but expressly excluding those items set forth in Appendix B hereto.
Examples of Novel Intellectual Property in a sentence
If Sponsor receives financial or other remuneration for the Novel Intellectual Property, in addition to or in lieu of the Royalty then Sponsor shall [***] to University which shall be [***].