Common use of Intel Components Clause in Contracts

Intel Components. Intel shall own all rights, title and interest in all Intel Components. Intel’s IP (as defined below) will remain the exclusive property of Intel, and the source code contained in the Intel Components shall be considered and treated as Confidential Information of Intel subject to the confidentiality provisions set forth in this Agreement. LMI shall not unbundle any embedded Intel Components and shall not use or disclose Intel’s IP in any manner other than in connection with the Intel Components. LMI shall not have the right to assign, except as permitted in this Agreement, or sublicense the rights in Intel’s IP granted under this Agreement. “Intel’s IP” shall be defined as meaning the Intel Components and any and all other patents, copyrights, trade secret and proprietary information and any other intellectual property rights embodied in or covering the Intel Components or any other property of Intel that were owned by Intel prior to the date of this Agreement or during the Term of this Agreement. LMI understands and acknowledges that Intel may utilize any and all of the Intel Components, Intel IP or other intellectual property owned by Intel under this Agreement or otherwise in connection with any and all of Intel’s current, future or planned businesses, enterprises, operations, technologies, opportunities and the like in connection with other markets or opportunities. These other markets may be deemed to be competitive with LMI and/or the Solution.

Appears in 3 contracts

Sources: Connectivity Service and Marketing Agreement (LogMeIn, Inc.), Connectivity Service and Marketing Agreement (LogMeIn, Inc.), Connectivity Service and Marketing Agreement (LogMeIn, Inc.)