STAG Parties definition
Examples of STAG Parties in a sentence
The STAG Parties irrevocably waive and agree never to assert any moral or any other rights of any nature, kind and description whatsoever the STAG Parties may be deemed to have in any Deliverables, even after any termination or expiration of this Agreement, and to obtain a similar waiver from other STAG personnel and Third Party Contractors performing Services on behalf of the STAG Parties prior to the provision of any such Services by each such party.
This Agreement constitutes the entire agreement by STI and the STAG Parties with respect to the subject matter hereof and supersedes any and all prior agreements or understandings between the STAG Parties and STI with respect to the subject matter hereof, whether written or oral.
STI and the STAG Parties hereby agree that any suit, action or proceeding arising out of or based upon any claim hereunder shall be instituted against the STAG Parties in state or federal court in Maryland, and the STAG Parties and STI waive any objection they may have to the exclusive laying of venue of such suit, action or proceeding therein.
This Agreement may be amended or modified only by a written instrument executed by the STAG Parties and STI.
The STAG Parties hereby transfer, assign, and convey to STI any and all rights he presently has or may acquire in any and all Inventions conceived, made, developed, or first reduced to practice or learned by him and/or others during the term of his engagement with STI (regardless of patentability) which relate to the Restricted Products and Services (as hereinafter defined).
The STAG Parties agree to cooperate fully, at STI’s sole expense, in the acquisition and maintenance of any such policies and arrangements.
Each of the STAG Parties agree that it and they will not at any time during the Term hereof or at any time thereafter (regardless of the reason for termination), in any fashion, form or manner, either directly or indirectly, divulge, disclose or communicate to any Person, in any manner whatsoever, any Confidential Information and Proprietary Information (as defined herein).
All STI Documents (as defined herein) shall be and remain the sole and exclusive property of STI without regard to any involvement any of the STAG Parties may have (or have had) in the conception, development, creation, and/or modification of such STI Documents.
Each of the STAG Parties will execute all papers and do any and all reasonable acts necessary or desired to assign and transfer to STI, or any Person to whom STI is obligated to assign its rights, all of the STAG Party’s entire right, title, and interest in and to any and all Inventions, Confidential and Proprietary Information and Copyright Product and other intangible assets.
Accordingly, each of the STAG Parties agrees that STI will be entitled, in addition to all other rights and remedies which may be available, to an injunction enjoining and restraining the STAG Parties and any other involved party from committing a violation of this Agreement and each of the STAG Parties agrees to the issuance and entry of such injunction.