Joint IP. The Parties shall jointly own all Know-How, including Inventions, and intellectual property rights therein that arise under the Agreement and are not otherwise allocated to be owned solely by one party pursuant to [Section 8.1.2], [Section 8.1.3], or [Section 8.1.4] (“Joint IP”), including any Patent Rights with respect thereto (“Joint Invention Patents”) and the right to pursue the same therein. Subject to the licenses and obligations set forth in this Agreement, each Party has the right to practice, license, sublicense, assign, transfer and otherwise exploit such Party’s interest in the Joint IP (including Joint Invention Patents) for any and all purposes on a worldwide basis without restriction, and without the consent of and without a duty of accounting to the other Party. Each Party will grant and hereby does grant all permissions, consents and waivers with respect to, and all licenses under, such Party’s interest in the Joint IP, throughout the world, necessary to provide the other Party with the foregoing rights. For those countries where a specific license is required for a joint owner of a Joint IP to practice such Joint IP in such countries, each Party hereby grants to the other Party a perpetual, irrevocable, non-exclusive, worldwide, royalty-free, fully paid-up license, transferable and sublicensable, under the granting Party’s right, title and interest in and to all Joint IP to practice such Inventions.

Joint IP. The Parties shall jointly own all Know-How, including Inventions, and intellectual propertyassign their rights therein that arise underto ​ (or their Affiliates or Sublicensees), and Patents claiming such inventions (the “Joint Patents”); wherein the AgreementInformation and are not otherwise allocatedinventions described in [clauses (i) and (ii)])] (together with Joint Know-How and Joint Patents, the “Joint Intellectual Property Rights”). Each Party shall promptly disclose to be owned solely by one party pursuantthe other Party in writing, and shall cause its Affiliates, licensees and sublicensees to [Section 8.1.2], [Section 8.1.3],so disclose, the development, making, conception or [Section 8.1.4] (“reduction to practice of any Joint IP”), including any Patent Rights with respect thereto (“Know-How or Joint Invention Patents”) and the right to pursue the same therein.Patents. Subject to the licenses and rights of reference granted under [Sections 5.2, 5.3 and 5.4]4]4], and in the case of ​, its exclusivity obligations set forth in this Agreement,hereunder, each Party hasshall have the right to practice, license, sublicense, assign, transfer and otherwise exploit such Party’s interest inExploit the Joint IP (including Joint Invention Patents) for any and all purposes on a worldwide basis without restriction, and without the consent of andIntellectual Property Rights without a duty of seeking consent or accounting to the other Party. Each Party will grant and hereby does grant all permissions, consents and waivers with respect to, and all licenses under, such Party’s interest in the Joint IP, throughout the world, necessary to provide the other Party with the foregoing rights. For those countries where a specific license is required for a joint owner of a Joint IP to practice such Joint IP in such countries, each Party hereby grants to the other Party a perpetual, irrevocable, non-exclusive, worldwide, royalty-free, fully paid-up license, transferable and sublicensable, under the granting Party’s right, title and interest in and to all Joint IP to practice such Inventions.