Common use of Common Infrastructure Trade Secrets Clause in Contracts

Common Infrastructure Trade Secrets. Common Infrastructure Trade Secrets shall be co-owned by JDSU and Lumentum. JDSU hereby assigns to Lumentum an undivided one-half joint ownership interest in Common Infrastructure Trade Secrets, and upon Lumentum’s written request, JDSU and its Affiliates shall execute further documents confirming the assignment of such co-ownership interest to Lumentum. Subject to Article VII of this Agreement, below, each co-owner shall be free to exploit the Common Infrastructure Trade Secrets without further consent and without accounting to the other co-owner. Neither of the joint owners shall make a Common Infrastructure Trade Secret public or otherwise destroy or impair the trade secret status of Common Infrastructure Trade Secret without the express, advance, written consent of the other joint owner.

Appears in 4 contracts

Samples: Intellectual Property Matters Agreement (Lumentum Holdings Inc.), Intellectual Property Matters Agreement (Viavi Solutions Inc.), Intellectual Property Matters Agreement (Lumentum Holdings Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.