Firmenich Technology Sample Clauses
The 'Firmenich Technology' clause defines the scope and ownership of technology, intellectual property, or proprietary information developed or provided by Firmenich within the context of an agreement. This clause typically clarifies what constitutes Firmenich's technology, such as formulas, processes, or software, and may specify how such technology can be used by the other party, including any restrictions or licensing terms. Its core function is to protect Firmenich's proprietary assets and ensure that their technology is not misused or disclosed without authorization, thereby safeguarding their competitive advantage and intellectual property rights.
Firmenich Technology. With respect to Firmenich Technology, Firmenich shall have the sole right, but not the obligation, to take action to stop such infringement at its own expense. For the avoidance of doubt, Firmenich shall be entitled to take action under this Section 11.3 notwithstanding any action or negotiation commenced by Senomyx under Section 11.2. With respect to Patent Rights owned by Firmenich pursuant to Section 9.5.3 claiming […***…] where the infringement is […***…] Firmenich will have the right to take action to stop infringement of the claims in such Patent Rights which claim […***…] only against Third Parties that are […***…]
Firmenich Technology. With respect to Firmenich Technology, Firmenich shall have the sole right, but not the obligation, to take action to remove such infringement using commercially appropriate steps, including, without limitation, the filing of an infringement suit or other similar action at its own expense. For the avoidance of doubt, Firmenich shall be entitled to take action under this Section 11.3 notwithstanding any action or negotiation commenced by Senomyx under Section 11.2. ***Confidential Treatment Requested
Firmenich Technology
