Common use of INTELECTUAL PROPERTY Clause in Contracts

INTELECTUAL PROPERTY. In case of results obtained within the framework of joint research programs, as defined in separate contracts, no party/university may register a patent or exploit the results commercially without the written consent of the other. Whenever possible, the patents will be jointly registered by both parties/universities. If one relinquishes its rights, or does not respond within ninety (90) days, the other is entitled to register the patents in its own name. The publication or the free exchange of scientific results jointly obtained cannot take place without a mutual agreement between the two partners, especially if the nature of the program has been defined as confidential.