Example ContractsClausesjoint ownershipVariants
Joint Ownership
Joint Ownership contract clause examples

Joint Ownership. Subject to [Section 9.1.2(d)], as between the Parties, each Party shall own an equal, undivided interest in and to: # any Joint Research Program Know-How and Joint Research Program Patents; and # except as expressly set forth in [Section 9.1.2(a)(i), or 9.1.2(b)(i)])], any other Inventions and Know-How that are made following the completion of activities under the applicable Research Plan (or the expiration of the Research Term, if earlier) jointly by or behalf of the Parties or their Affiliates in connection with the performance of the Parties’ activities under this Agreement ((i) and (ii), collectively, the “Joint Know-How” and any Patents Covering such Joint Know-How (including all Joint Research Program Patents), the “Joint Patents”), ​. Each Party shall promptly disclose to the other Party in writing, and shall cause its Affiliates, licensees and sublicensees to so disclose, the conception, discovery, development, making, or reduction to practice of any Joint Know-How.

Ownership of Joint Program Patents and Joint Program Know-How. Subject to [Section 4.8.1(b)], as between the Parties, each Party shall own an equal, undivided interest in any and all Joint Program Patents and Joint Program Know-How. Within ​, each Party shall disclose to the other Party in writing, and shall cause its Affiliates, its licensees and sublicensees to so disclose, the development, making, conception or reduction to practice of any Joint Program Know-How or Joint Program Patents. Subject to the licenses and rights of reference granted under Sections 6.1 and 6.2 and Licensor’s exclusivity obligations hereunder, each Party shall have the right to Exploit the Joint Intellectual Property Rights without a duty of seeking consent or accounting to the other Party.

Each Party will promptly disclose to the other Party in writing, the conception, discovery, development or making of any Joint Program Know-How or Joint Program Patents by Persons who perform activities for it under this Agreement. Each Party, for itself and on behalf of its Affiliates, hereby assigns (and to the extent such assignment can only be made in the future hereby agrees to assign), to the other Party such right, title and interest in and to any Joint Program Know-How and Joint Program Patents as is necessary to achieve the joint ownership set forth in [Section 8.1.3]. Each party will execute and record assignments and other necessary documents consistent with such ownership.

Ownership of Joint Patents and Joint Know-How. As between the Parties, the Parties shall each own an equal, undivided interest in any and all # ​ (the “Joint Know-How”), and # ​ (the “Joint Patents”) and other intellectual property rights with respect to the Information and inventions described in clause (i) or clause (ii). Joint Patents and Joint Know-How shall be subject to the licenses and other rights granted under Section 8.1, ​.

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