Option IP definition

Option IP means any patent rights, know-how, and other intellectual property specifically relating to any Option Product controlled by RSL or its Covered Affiliates following the Effective Date.
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Option IP means Option Know-How and Option Patent Rights.
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Option IP means any intellectual property (IP), including, without limitation, patent rights and copyrights, in any inventions or discoveries, whether or not patentable, or copyrighted works, where: (a) Xxxxxxxx Xxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author, or (b) an individual in a lab supervised by Xxxxxxxx Xxx and under the control of DUKE is the sole or a joint inventor or author; and that is conceived, reduced to practice, authored, or first formally disclosed to DUKE’s Office of Licensing and Ventures (“OLV”), during the Option Period unless extended by the terms of this Option Agreement and that relates to the field of ion trap quantum information processing devices.
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Examples of Option IP in a sentence

  • If Ambrx exercises an Option with respect to particular Option IP and subsequently or concurrently determines to Sublicense such Option IP, it shall deliver to Institute written notice of its determination to Sublicense (each, a “Sublicense Notice”).

  • Institute is free to pursue the rejected Option IP with non-Ambrx Technology and non-Ambrx Materials and its own funding.

  • Ambrx shall deliver to Institute written notice (each, an “Option Notice”) within the Option Period specifying the particular Invention, Invention Patent and related Information, if any, described in the applicable Invention Disclosure and Invention Data Package and the Institute Controlled IP associated with such Invention Data Package (collectively, the “Option IP”), and shall state whether Ambrx is exercising the Option or not with respect to the particular Option IP.

  • During the Option Period, Cytokinetics shall not abandon, cease prosecution on, fail to maintain, or fail to pay any fees or expenses in connection with, any tirasemtiv Collaboration Intellectual Property and Option IP, except in the ordinary course of business in connection with patent filing, prosecution and maintenance.

  • In addition, for clarity, following a termination under this Section 12.3, no new Research Plans may be proposed for approval or initiated; and if Ambrx has previously exercised an Option with respect to particular Option IP, the licenses granted to Ambrx pursuant to the exercise of such Option shall remain in full force and effect.

  • If Ambrx determines not to exercise an Option with respect to particular Option IP as set forth in the applicable Option Notice, the Option Notice shall so state.

  • Models that qualified under the Version 3.0 specification must meet the new Version 4.0 specification to continue to bear the ENERGY STAR.

  • To the extent any such Option IP also relates to the formulation of, or the method of making or using, the Lead Product, Other Collaboration Product and/or any other Collaboration Product under the 2014 Agreement, such Option IP shall be deemed included in the scope of Cytokinetics Technology under the 2014 Agreement and included in the licenses to Astellas under the 2014 Agreement.

  • If any Option Holder elects to have the Option IP registered, that Option Holder will be responsible for its portion of any Intellectual Property Rights registration costs (Costs) and will have no claim against UNSW or its Nominee or any other Option Holder for reimbursement of those Costs (or any part of them).

  • Subject to the terms and conditions of this Agreement and during the applicable Technologies Option Period, Autolus hereby grants to BioNTech a non-exclusive, non-transferable, limited, non-sublicensable (other than to Third Party Evaluators) license under the Technologies Option IP for BioNTech’s internal research purposes to evaluate whether BioNTech wishes to exercise a Technologies Option in respect of all or part of the Technologies Option Technology (“Evaluation”).


More Definitions of Option IP

Option IP means any intellectual property (IP), including, patent rights and copyrights, in any inventions or discoveries, where: (a) (i) Xxxxxxxx Xxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author and such IP was not funded under a written agreement between Duke and the third party that provides such third party exclusive rights to said IP (e.g., a sponsored research agreement or other conditional support with a third party for-profit or other entity), and/or (ii) Xxxxx Xxxxxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author and such IP was not funded under a written agreement between Duke and the third party that provides such third party exclusive rights to said IP (e.g., a sponsored research agreement or other conditional support with a third party for-profit or other entity), and/or (iii) Xxxxxxx Xxxxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author and such IP was not funded under a written agreement between Duke and the third party that provides such third party exclusive rights to said IP (e.g., a sponsored research agreement or other conditional support with a third party for-profit or other entity), and/or (iv) an individual in a lab supervised by Xxxxxxxx Xxx, Xxxxx Xxxxxx and/or Xxxxxxx Xxxxx and under the control of DUKE is the sole or a joint inventor or author and such IP was not funded under a written agreement between Duke and the third party that provides such third party exclusive rights to said IP (e.g., a sponsored research agreement or other conditional support with a third party for-profit or other entity); and/or (v) is co-invented or authored with Licensee (collectively the individuals mentioned in (i) – (iii) above shall be referred to as the “PIs”); and (b) (i) is solely owned by Duke and conceived, reduced to practice, authored, and first formally disclosed to DUKE’s Office of Licensing and Ventures (“OLV”), during the Option Period (unless extended by the terms of this Option Agreement) and that relates to the field of quantum information processing devices; or (ii) is partially owned by Duke, where Duke’s interest in any such IP is jointly owned by Duke and one or more a third parties and where DUKE’s rights in said IP are capable of being licensed to Licensee either exclusively or nonexclusively, and where said IP is conceived, reduced to practice, authored, and first formally disclosed to DUKE’s Office of Licensing a...
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Option IP means any intellectual property (IP), including without limitation patent rights and copyrights, in any inventions or discoveries, whether or not patentable, or copyrighted works, where: (a) Xxxxxxxxxxx Xxxxxx, acting in his capacity as an employee of UMD, is the sole or a joint inventor or author, or (b) another individual in a lab supervised by Xxxxxxxxxxx Xxxxxx and under the control of UMD is the sole or a joint inventor or author; and that is conceived, reduced to practice, authored, or first formally disclosed to UMD, after the Effective Date of the Exclusive License Agreement and that relates to the field of ion trap quantum information processing devices.
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Option IP means those certain patents and patent applications identified on Exhibit D attached hereto.
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Option IP means any intellectual property (IP), including, patent rights and copyrights, in any inventions or discoveries, where: (a) Xxxxxxxx Xxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author and such IP was not funded with any for profit third party support in a manner that provides such third party rights to said IP (e.g., a sponsored research agreement with a third party for-profit entity), (b) Xxxxx Xxxxxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author and such IP was not funded with any for profit third party support in a manner that provides such third party rights to said IP (e.g., a sponsored research agreement with a third party for-profit entity), and/or (c) Xxxxxxx Xxxxx, acting in his capacity as an employee of DUKE, is the sole or joint inventor or author and such IP was not funded with any for profit third party support in a manner that provides such third party rights to said IP (e.g., a sponsored research agreement with a third party for-profit entity), and/or (d) an individual in a lab supervised by Xxxxxxxx Xxx, Xxxxx Xxxxxx and/or Xxxxxxx Xxxxx and under the control of DUKE is the sole or a joint inventor or author and such IP was not funded with any for profit third party support in a manner that provides such third party rights to said IP (e.g., a sponsored research agreement with a third party for-profit entity); and/or (e) is co-invented or authored with Licensee; and/or (f) is solely owned by Duke and that is conceived, reduced to practice, authored, and first formally disclosed to DUKE’s Office of Licensing and Ventures (“OLV”), during the Option Period (unless extended by the terms of this Option Agreement) and that relates to the field of quantum information processing devices; and/or (g) Duke’s interest in any such IP that is jointly owned by Duke and one or more a third parties (that is capable of being licensed to Licensee either exclusively or nonexclusively) that is conceived, reduced to practice, authored, and first formally disclosed to DUKE’s Office of Licensing and Ventures (“OLV”), during the Option Period (unless extended by the terms of this Option Agreement) and that relates to the field of quantum information processing devices. Any Option IP that is developed under a sponsored research agreement with a Federal Agency or a Federal Agency and one or more contracting parties shall be governed by the terms of any provided Intellectual Property Ma...
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Related to Option IP

  • Collaboration IP means Collaboration Know-How and Collaboration Patents.

  • Background Technology means all Software, data, know-how, ideas, methodologies, specifications, and other technology in which Contractor owns such Intellectual Property Rights as are necessary for Contractor to grant the rights and licenses set forth in Section 14.1, and for the State (including its licensees, successors and assigns) to exercise such rights and licenses, without violating any right of any Third Party or any Law or incurring any payment obligation to any Third Party. Background Technology must: (a) be identified as Background Technology in the Statement of Work; and (b) have been developed or otherwise acquired by Contractor prior to the date of the Statement of Work, or have been developed by Contractor outside of its performance under the Statement of Work. Background Technology will also include any general consulting tool or methodology created by Contractor, which will not be required to be identified in the Statement of Work.

  • Foreground IP means IP and IP Rights conceived, developed or created by, for or with Seller either alone or with third parties, in the performance of this Contract, including modifications to any Buyer Specification suggested by Seller.

  • Excluded Technology means the Technology listed on Exhibit C.

  • Developed Technology means any Technology including, without limitation, any enhancements, substitutions or improvements to the Core Technology that is (a) discovered, developed or otherwise acquired by DURA pursuant to the terms of the Development Agreement or (b) otherwise acquired by or on behalf of Xxxxxx Corp. II during the term of the Development Agreement.

  • Licensee Technology means the Licensee Know-How and Licensee Patents.

  • Background IP means all IP and IP Rights owned or controlled by Seller prior to the effective date or outside the scope of this Contract.

  • Foreground IPR means any and all Intellectual Property Rights generated individually by either of the Parties or by jointly both of the Parties in the execution of the Contract.

  • Transferred Technology has the meaning set forth in Section 2.3(a).

  • Patent Rights means all patents and patent applications, including all divisionals, continuations, substitutions, continuations-in-part, re-examinations, reissues, additions, renewals, extensions, registrations, and supplemental protection certificates and the like of any of the foregoing.

  • Licensed Technology means the Licensed Patents and the Licensed Know-How.

  • Proprietary Technology means the technical innovations that are unique and

  • Company Technology means all Technology used in or necessary for the conduct of the business of the Company or any of its Subsidiaries, or owned or held for use by the Company or any of its Subsidiaries.

  • Background Invention means an Invention conceived and first actually reduced to practice before the Effective Date.

  • Program Technology means Program Know-How and Program Patents.

  • Patent Right means: (a) an issued or granted patent, including any extension, supplemental protection certificate, registration, confirmation, reissue, reexamination, extension or restoration by existing or future extension or restoration mechanisms (including, without limitation, supplementary protection certificates or the equivalent thereof), or renewal thereof; (b) a pending patent application, including any continuation, divisional, continuation-in-part, substitute or provisional application thereof; and (c) all counterparts or foreign equivalents of any of the foregoing issued by or filed in any country or other jurisdiction.

  • Background IPR means any Intellectual Property Rights (other than Project IPR) belonging to either party before the Commencement Date or not created in the course of or in connection with the Project;

  • Technology Rights means BOARD's rights in any technical information, know-how, processes, procedures, compositions, devices, methods, formulae, protocols, techniques, software, designs, drawings or data created by the inventor(s) listed in Exhibit I at UTMDACC before the EFFECTIVE DATE, which are not claimed in PATENT RIGHTS but that are necessary for practicing PATENT RIGHTS.

  • Licensor Technology means the Licensor Patents, the Licensor Know-How, Licensor Materials, and Non-Patent Rights Controlled by Licensor or its Affiliates embodied in Licensor Know-How or Licensor Materials.

  • Product Technology means the Product Know-How and Product Patents.

  • Intellectual Property Rights or IPR means copyright, rights related to or affording protection similar to copyright, rights in databases, patents and rights in inventions, semi-conductor topography rights, trade marks, rights in internet domain names and website addresses and other rights in trade or business names, designs, Know-How, trade secrets and other rights in Confidential Information; applications for registration, and the right to apply for registration, for any of the rights listed at (a) that are capable of being registered in any country or jurisdiction; and all other rights having equivalent or similar effect in any country or jurisdiction;

  • Third Party Technology means all Intellectual Property and products owned by third parties and licensed pursuant to Third Party Licenses.

  • Licensed IP means the Licensed Patents and the Licensed Know-How.

  • Assigned Patent Rights means all of the following, whether now owned or hereafter acquired or arising:

  • Joint Technology means the Joint Know-How and the Joint Patent Rights.

  • Licensed Patent Rights means: (a) Patent applications (including provisional patent applications and PCT patent applications) or patents listed in Appendix A, all divisions and continuations of these applications, all patents issuing from these applications, divisions, and continuations, and any reissues, reexaminations, and extensions of these patents; (b) to the extent that the following contain one or more claims directed to the invention or inventions disclosed in 2.9(a): (i) continuations-in-part of 2.9(a); (ii) all divisions and continuations of these continuations-in-part; (iii) all patents issuing from these continuations-in-part, divisions, and continuations; (iv) priority patent application(s) of 2.9(a); and (v) any reissues, reexaminations, and extensions of these patents; (c) to the extent that the following contain one or more claims directed to the invention or inventions disclosed in 2.9(a): all counterpart foreign and U.S. patent applications and patents to 2.9(a) and 2.9(b), including those listed in Appendix A; and (d) Licensed Patent Rights shall not include 2.9(b) or 2.9(c) to the extent that they contain one or more claims directed to new matter which is not the subject matter disclosed in 2.9(a).