Common use of Ownership Rights Clause in Contracts

Ownership Rights. Each party acknowledges that the Confidential Information is, and at all times will be, the Disclosing Party’s sole property, even if suggestions made by a Receiving Party are incorporated into the Confidential Information. Neither party obtains any rights, by license or otherwise, in the other party’s Confidential Information. Neither party solicits any change in the other party’s organization, business practice, service, or products, and the disclosure of the Confidential Information may not be construed as evidencing any intent by a party to purchase any products or services of the other party or as an encouragement to expend funds in development or research efforts. The Confidential Information may pertain to prospective or unannounced products. Neither party may use the other party’s Confidential Information as a basis on which to develop or have a third party develop a competing or similar plan or undertaking.

Appears in 6 contracts

Samples: Mutual Nondisclosure Agreement, Mutual Nondisclosure Agreement, Mutual Nondisclosure Agreement

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Ownership Rights. Each party acknowledges that the Confidential Information is, is and at all times will be, be the Disclosing Party’s sole property, even if suggestions made by a the Receiving Party are incorporated into the Confidential Information. Neither party obtains any rights, by license or otherwise, in the other party’s Confidential Information. Neither party solicits any change in the other party’s organization, business practice, service, or products, and the disclosure of the Confidential Information may not be construed as evidencing any intent by a party to purchase any products or services of the other party or as an encouragement to expend funds in development or research efforts. The Confidential Information may pertain to prospective or unannounced products. Neither party may use the other party’s Confidential Information as a basis on which to develop or have a third party develop a competing or similar plan or undertaking.

Appears in 4 contracts

Samples: Mutual Nondisclosure Agreement, Mutual Non Disclosure Agreement, Mutual Nondisclosure Agreement

Ownership Rights. Each party The Receiving Party acknowledges that the Confidential Information is, and at all times will be, the Disclosing Party’s sole property, even if suggestions made by a the Receiving Party are incorporated into the Confidential Information. Neither party The Receiving Party obtains any rights, no rights by license or otherwise, otherwise in the other party’s Confidential InformationInformation under this agreement. Neither party solicits any change in the other party’s organization, business practice, service, or products, and the disclosure of the Confidential Information may not be construed as evidencing any intent by a party to purchase any products or services of the other party or as an encouragement to expend funds in development or research efforts. The Confidential Information may pertain to prospective or unannounced products. Neither party The Receiving Party may not use the other party’s Confidential Information as a basis on which to develop or have a third party develop a competing or similar plan or undertaking.

Appears in 3 contracts

Samples: Unilateral Nondisclosure Agreement, Unilateral Nondisclosure Agreement, Barbershop Nondisclosure Agreement

Ownership Rights. Each party acknowledges that the Confidential Information is, and at all times will be, the Disclosing Party’s 's sole property, even if suggestions made by a Receiving Party are incorporated into the Confidential Information. Neither party obtains any rights, by license or otherwise, in the other party’s 's Confidential Information. Neither party solicits any change in the other party’s 's organization, business practice, service, or products, and the disclosure of the Confidential Information may not be construed as evidencing any intent by a party to purchase any products or services of the other party or as an encouragement to expend funds in development or research efforts. The Confidential Information may pertain to prospective or unannounced products. Neither party may use the other party’s 's Confidential Information as a basis on which to develop or have a third party develop a competing or similar plan or undertaking.

Appears in 3 contracts

Samples: Mutual Nondisclosure Agreement, Mutual Nondisclosure Agreement, crm.omniv.net

Ownership Rights. Each party acknowledges that the Confidential Information is, and at all times will be, the Disclosing Party’s sole property, even if suggestions made by a Receiving Party are incorporated into the Confidential Information. Neither party obtains any rights, by license or otherwise, in the other party’s Confidential InformationInformation without further written agreements. Neither party solicits any change in the other party’s organization, business practice, service, or products, and the disclosure of the Confidential Information may not be construed as evidencing any intent by a party to purchase any products or services of the other party or as an encouragement to expend funds in development or research efforts. The Confidential Information may pertain to prospective or unannounced products. Neither party may use the other party’s Confidential Information as a basis on which to develop or have a third party develop a competing or similar plan or undertaking.

Appears in 1 contract

Samples: Mutual Nondisclosure Agreement

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Ownership Rights. Each party acknowledges that the Confidential Information is, and at all times will be, the Disclosing Party’s sole property, even if suggestions made by a Receiving Party are incorporated into the Confidential Information. Neither party obtains any rights, by license or otherwise, in the other party’s Confidential Information. Neither party solicits any change in the other party’s organization, business practice, service, or products, and the disclosure of the Confidential Information may not be construed as evidencing any intent by a party to purchase any products or services of the other party or as an encouragement to expend funds in development or research efforts. The Confidential Information may pertain to prospective or unannounced products. Neither party may use the other party’s Confidential Information as a basis on which to develop or have a third party develop a competing or similar plan or undertaking.. SAMPLE

Appears in 1 contract

Samples: Mutual Nondisclosure Agreement

Ownership Rights. Each party acknowledges that the Confidential Confidential Information is, and at all times will be, the Disclosing Party’s 's sole property, even if suggestions made by a Receiving Party are incorporated into the Confidential Confidential Information. Neither party obtains any rights, by license or otherwise, in the other party’s Confidential 's Confidential Information. Neither party solicits any change in the other party’s 's organization, business practice, service, or products, and the disclosure of the Confidential Confidential Information may not be construed as evidencing any intent by a party to purchase any products or services of the other party or as an encouragement to expend funds in development or research effortsefforts. The Confidential Confidential Information may pertain to prospective or unannounced products. Neither party may use the other party’s Confidential 's Confidential Information as a basis on which to develop or have a third party develop a competing or similar plan or undertaking.

Appears in 1 contract

Samples: Mutual Nondisclosure Agreement

Ownership Rights. Each party The Receiving Party acknowledges that the Confidential Information is, and at all times will be, the Disclosing Party’s 's sole property, even if suggestions made by a the Receiving Party are incorporated into the Confidential Information. Neither party The Receiving Party obtains any rights, no rights by license or otherwise, otherwise in the other party’s Confidential InformationInformation under this agreement. Neither party solicits any change in the other party’s 's organization, business practice, service, or products, and the disclosure of the Confidential Information may not be construed as evidencing any intent by a party to purchase any products or services of the other party or as an encouragement to expend funds in development or research efforts. The Confidential Information may pertain to prospective or unannounced products. Neither party The Receiving Party may not use the other party’s Confidential Information as a basis on which to develop or have a third party develop a competing or similar plan or undertaking.

Appears in 1 contract

Samples: Unilateral Nondisclosure Agreement

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