Common use of Certain Proprietary Rights Clause in Contracts

Certain Proprietary Rights. Except for the Conoco, Inc. Pioneer Pipeline Company project and the Petro Source CO2 project which are either pending or under development by Seller or Seller and Purchaser, the proprietary rights to any Specified Project under development by Seller in the Specified Geographical Area will be assigned to Purchaser. All proprietary rights and information concerning any transactions outside the Specified Geographical Area which are under development by Seller or the Transferred Employees shall remain with Seller.

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Northern Border Partners Lp)