Common use of Intellectual Property Definition Clause in Contracts

Intellectual Property Definition. Ownership of intellectual property developed by the Parties under this Agreement will be determined by and managed in accordance with the applicable laws of Canada. Intellectual property includes the following when it arises under this Agreement (“Intellectual Property”): (i) any art or process, machine, manufacture, design, or composition of matter, or any new and useful improvement thereof, or any variety of plant, which is or may be patentable under the patent laws of the United States or Canada (“Inventions”); (ii) original works of authorship fixed in a tangible medium of expression under the copyright laws of the United States or Canada (“Works”); and (iii) data, test results, and laboratory notebook entries developed or made as a result of the Work (“Data”), except for Data generated by StFX independent of the Work that StFX shares with the Participant as part of the Experiment, which shall be owned solely by StFX, subject to the provisions of the Collaboration Agreement.