Common use of Developed Technology Clause in Contracts

Developed Technology. As between the Parties, and subject to the terms of this Agreement, V2V will own all right, title, and interest in and to any Intellectual Property Rights invented, created, conceived, developed, or otherwise made in the Development of the Products during the Term by Anteris or its personnel or Subcontractor (“Developed Technology”), and all Development Data. For the avoidance of doubt, Developed Technology includes any Know-How (such as, but not limited to Manufacturing Know-How arising through the Development of the Products) but excludes the Pre-Existing IP. Anteris hereby assigns to V2V all right, title and interest in and to all Development Technology and Development Data, including any Intellectual Property Rights therein. Anteris shall be responsible for paying all patent filing fees and costs regarding the Developed Technology during the Term, and such fees shall be deemed Development Contributions.

Appears in 2 contracts

Sources: Contribution and Stock Purchase Agreement (Anteris Technologies Global Corp.), Development Agreement (Anteris Technologies Global Corp.)