Inventor Remuneration. If, in respect of an invention underlying any Patent or Other Intellectual Property, any payment is payable from or after the Effective Time by or to Baxter or any Baxter Subsidiary, on the one hand, or Baxalta or any Baxalta Subsidiary, on the other hand, to any current or former employee who is, under the Law of any jurisdiction, entitled to such payment as a remuneration of such employee’s contribution to the invention (an “Employee Inventor Remuneration Entitlement”), the following shall apply:
Appears in 4 contracts
Samples: Separation and Distribution Agreement (Baxalta Inc), Separation and Distribution Agreement (Baxter International Inc), Separation and Distribution Agreement (Baxalta Inc)
