Project Invention definition
Examples of Project Invention in a sentence
When it is deemed likely that a Project Invention may be created, the Recipient shall be required to conclude an Intellectual Property Rights Agreement with the Centre in relation to the Intellectual Property right considerations that might flow from the creation of such Project Inventions, the timing for which shall be set out in Part 3 – Schedule of Project Milestones.
Within 90 days of notifying the Centre of a Project Invention, the Recipient shall inform the Centre of its decision of whether to file application(s) for a patent in Canada, the United States and/or any other country and/or take any other action to obtain other intellectual property protection for the Project Intellectual Property Rights.
The first of such patent application(s) shall be filed within 180 days of the Recipient notifying the Centre of the Project Invention.
The decision on filing of patents for Project Inventions shall be made by the Party having an ownership interest in such Project Invention.
Within sixty (60) days after receipt, each Party shall provide a copy of such invention disclosure(s) received on a Joint Project Invention to the other Party.