Common use of Collaborator Employee Inventions Clause in Contracts

Collaborator Employee Inventions. If the Collaborator does not elect to retain its IP rights, the Collaborator shall offer to assign these IP rights to the Subject Invention to PHS pursuant to Article 6.5. If PHS declines such assignment, the Collaborator may release its IP rights as it may determine.

Appears in 4 contracts

Samples: And Development Agreement (Keryx Biopharmaceuticals Inc), Development Agreement (Paracelsian Inc /De/), Cooperative Research and Development Agreement (Introgen Therapeutics Inc)

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Collaborator Employee Inventions. If the Collaborator does not elect to retain its IP rights, the Collaborator shall offer to assign these IP rights to the Subject Invention to PHS pursuant to Article 6.5. If PHS the Collaborator declines such assignment, the Collaborator PHS may release its IP rights as it may determinein such Subject Invention to its employee inventors pursuant to Article 6.6.

Appears in 1 contract

Samples: Public Health Service (Neopharm Inc)

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