Existing Proprietary Information Sample Clauses
The Existing Proprietary Information clause defines and protects information that a party already owns prior to entering into an agreement. It typically clarifies that any confidential or proprietary data, inventions, or materials developed independently and possessed before the contract's effective date remain the sole property of the original owner and are not subject to the agreement's terms regarding new intellectual property. This clause ensures that pre-existing assets are not inadvertently transferred or encumbered by the contract, thereby safeguarding each party's prior rights and preventing disputes over ownership of information brought into the relationship.
Existing Proprietary Information. Except as otherwise expressly provided herein, neither Party shall be deemed to have been granted any license or other rights to patent rights, know-how relating to compounds, formulations, or processes which are owned or controlled by the other Party existing as of the Effective Date.
Existing Proprietary Information. Except as otherwise expressly provided herein, no Party hereto shall be deemed by this Agreement to have been granted any license or other rights to patent rights existing as of the date hereof, or know how relating to compounds, formulations, or processes which are owned or controlled by each of the other Parties hereto.
Existing Proprietary Information. All rights to and interest in Hovione Background Intellectual Property and Confidential Information of Hovione will remain the exclusive property of Hovione, subject to the license granted to Client under Section 10.3, and all rights to and interest in Client Background Intellectual Property and Confidential Information of Client will remain the exclusive property of Client subject to the license granted to Hovione under Section 9.2(b).