Common use of Developer’s Tools Clause in Contracts

Developer’s Tools. Developer's Tools" shall mean Contractor's pre-existing, proprietary reusable software code (including derivatives thereof) that is installed or incorporated in or as part of the Work Product. "Developer's Tools" also include the enhanced general knowledge, skills and experience developed by Contractor as a result of Contractor's performance of services under this Agreement. Contractor hereby grants to Client and its Affiliate a non-exclusive, fully paid-up, perpetual right and license to use, copy, modify, display, and make derivative works from the Developer's Tools for the purposes of using, operating, supporting and/or maintaining the Work Product. Nothing herein, however, shall be deemed a transfer of ownership of the Developer's Tools to Client.

Appears in 2 contracts

Sources: Software Development Agreement (First Marblehead Corp), Software Development Agreement (First Marblehead Corp)