Common use of Collaboration IP Clause in Contracts

Collaboration IP. Inventorship shall be determined according to United States practice. "Collaboration IP" means, with respect to a Party, any inventions, technology, know-how, trade secrets, and any other intellectual property, whether patentable or not, that has been conceived or reduced to practice pursuant to this Agreement, a Statement of Work hereunder or that is related to a Project. Subject to the restrictions set forth in Section 4.1, Sponsor, shall own all right, title and interest in and to the Collaboration IP and the Results directly related to each Project for which they are a Sponsor, regardless of inventorship.

Collaboration IP. Inventorship shall be determined according to United States practice. "“Collaboration IP" ” means, with respect to a Party, any inventions, technology, know-how, trade secrets, secrets and any other intellectual property, whether patentable or not, that has been conceived or reduced to practice pursuant to this Agreement, a Statement of Work hereunder Agreement or that is related to a the Project. Subject to the restrictions set forth in Section 4.15.1, Sponsorand any permissions BDI Pharmaceuticals may have to use Results as provided herein, Dyadic shall own all right, title and interest in and to the Collaboration IP and the Results directly related to each Project for which they are a SponsorResults, regardless of inventorship.