Common use of CORE TECHNOLOGY IMPROVEMENTS Clause in Contracts

CORE TECHNOLOGY IMPROVEMENTS. The entire right, title, and interest in and to all Core Technology Improvements, patentable or not, developed or invented solely by employees of ISIS during the term of this Agreement shall be the sole and exclusive property of ISIS, subject to the licenses granted to MERCK under this Agreement. The entire right, title, and interest in and to all Core Technology Improvements, patentable or not, developed or invented solely by employees of MERCK during the term of this Agreement shall be the sole and exclusive property of MERCK, and MERCK hereby grants to ISIS a worldwide, non-exclusive, sublicensable, royalty-free license to any such patented sole MERCK Core Technology Improvements solely for use outside of the Field. The entire right, title, and interest in and to all Core Technology Improvements, patentable or not, developed or invented jointly by employees of ISIS and MERCK during the term of this Agreement shall be the joint property of ISIS and MERCK, subject to the licenses granted to MERCK under this Agreement. The parties shall promptly disclose to each other the development, making, conception or reduction to practice of all Core Technology Improvements.