Examples of Research Intellectual Property in a sentence
I understand that, if Xxxx’x receives any income from the commercial exploitation of Research Intellectual Property I have created, it will share any such income with me on the same basis that it does with its staff, as set out in King’s Code of Practice for Intellectual Property, Commercial Exploitation and Financial Benefits’ to which I have access.
In addition, upon conclusion of the Research, should XXXX request a licence to use the Results and/or all Research Intellectual Property for commercial purposes, King’s undertakes to grant XXXX an option to such a licence in the field of …….., on fair and reasonable, preferential terms to be agreed which will take full account of the relative contributions (both financial and scientific) which both Parties have made to the Research.
Therefore King’s does not undertake that the Research will provide specific results or provide data which can be used for a particular purpose, and any Research Intellectual Property, Background Intellectual Property, information or materials which King’s provides under this Agreement are supplied ‘as is’ and without any express or implied warranties, representations or undertakings.
King’s shall not be liable for the consequences or effects of any use to which XXXX or any third party may put Research Intellectual Property, except to the extent that such claims arise from the proven negligence or default of King’s or its employees, students, representatives, consultants or agents.
The Research Intellectual Property shall be the property of King’s, which shall grant to XXXX a non-exclusive, royalty-free licence to use Results (but not any Intellectual Property Rights therein) for its own internal Non-Commercial purposes, subject to the obligations of confidentiality established in this Agreement.
However, the Parties recognise that this Agreement provides for the carrying out of student-based, experimental research and that Research Intellectual Property or Background Intellectual Property may contain experimental materials, data or processes whose properties and safety may not have been established.