Examples of Prior Intellectual Property in a sentence
Executive understand that the Intellectual Property assigned under Section 1.A does not include any Prior Intellectual Property (as defined in Appendix “A”).
If, during Executive’s employment, Corporation permits Executive or others to incorporate into a Corporation Intellectual Property a Prior Intellectual Property, Corporation is hereby granted and shall have an exclusive, royalty-free, irrevocable, perpetual, transferable, worldwide license to make, have made, modify, improve, use, make derivative works, sublicense, distribute, offer to sell, and sell such Prior Intellectual Property as part of or in connection with such Intellectual Property.
If no such list is attached, Executive represents that no such Prior Intellectual Property exists.
Appendix “B” is a list describing all Prior Intellectual Property, which belongs to Executive, and which is not assigned to Corporation hereunder.