Common use of HPC Technology Clause in Contracts

HPC Technology. Without limiting the foregoing sections between the parties, IMI shall own all right, title, and interest in and to the HPC Technology and all improvements, derivatives and modifications thereof developed by either party or both parties during the course of the Agreement (collectively referred to as the "HPC Derivatives"). Customer hereby assigns, and agrees to assign to IMI in the future when any such HPC Derivatives are first fixed in a tangible medium or reduced to practice, as applicable, all of its right, title and interest in and to any HPC Derivatives, except to the extent that the HPC Derivatives include any Background Technology of Customer.