Common use of Hitachi Owned Clause in Contracts

Hitachi Owned. If the R&D Project is jointly funded by OpNext and Hitachi, unless (ii) or (iii) below applies, the resulting Intellectual Property will be treated as Hitachi R&D IP in accordance with Section 4(b) and will be solely owned by Hitachi.

Hitachi Owned. If the R&D Project is jointly funded by OpNext Japan and Hitachi, unless (ii) or (iii) below applies, the resulting Intellectual Property will be treated as Hitachi R&D IP in accordance with Section 4(b) and will be solely owned by Hitachi.