Common use of BM Technologies Clause in Contracts

BM Technologies. BM Technologies shall be the sole and exclusive owner of the BM Technologies Materials, banking and BM Technologies related items on the Debit Card, and all Intellectual Property Rights in and to them and their derivative works and improvements (as each of those terms is defined and applied under Title 17 and Title 35 U.S.C., respectively) by whomever developed or created. No ownership of the BM Technologies Materials or the Intellectual Property Rights in and to them shall be transferred to the Institution.

Appears in 2 contracts

Sources: Master Services Agreement, Master Services Agreement