Common use of Developed Materials Clause in Contracts

Developed Materials. CDEX shall own all right, title and interest in and to any Intellectual Property developed by Company in connection with its performance of this Agreement ("Developed Materials"), and all such Developed Materials shall be deemed to be "works made for hire" under the U.S. Copyright laws. To the extent that any such Developed Materials are not deemed to be "works made for hire", then Company hereby assigns to CDEX all right, title and interest in and to any such Developed Materials. Company hereby agrees to execute any documents or instruments reasonably necessary to enable CDEX to secure or perfect any proprietary rights that are assigned to CDEX hereby. CDEX hereby grants to Company, during the term of each applicable Statement of Work, a nonexclusive, non-transferable, paid up license in any CDEX Intellectual Property and Developed Materials, in either case, to the extent necessary to enable Company to perform its obligations under such Statement of Work.