Common use of IPRs Clause in Contracts

IPRs. 1. Ownership of Results, protection of Results and rights to use Results as well as any other IPRs deriving from the activities involved in the realization of the Partnership are subject to the provisions of the present Agreement. 2. The ownership of IPRs deriving from the Project shall be entitled to the Party, which has developed such Results during the realization of the Activity connected to the Partnership itself. In case where the IPRs is the result of a collaboration or a common intervention of the Parties the IPRs shall be entitled to both the Parties, proportionally to their performances, namely: IPR [_patent, trademark, design, software, know how_] a. [_name_] in a percentage of [_%_]; b. [_name_] in a percentage of [­_%_]. 3. Moral rights of the investors will be in any case preserved. 4. The IPRs shall not be released or licensed to any third party, which is not part of the Worth Project, as long as the Agreement and the Partnership are in force. 5. When one Party is the exclusive owner of an IPR and such IPR is necessary to the development of the Partnership under this Agreement, such Party shall agree to enter in a free license agreement with the other Party. Furthermore, when the Partnership will be terminated the Parties shall be able to find a fair agreement for the further access to the IPR. 6. The Parties shall ensure that both its employees as well as any involved third parties who might be able to claim rights to the Results, transfer those rights to the Parties. 7. Each Party shall be responsible to take any necessary action in order to protect and promote the IPRs deriving from its Activity during the Partnership.

IPRs. 1. Ownership of Results, protection of Results and rights to use Results as well as any other IPRs deriving from the activities involved in the realization of the Partnership are subject to the provisions of the present Agreement. 2. The ownership of IPRs deriving from the Project shall be entitled to the Party, which has developed such Results during the realization of the Activity connected to the Partnership itself. In case where the IPRs is the result of a collaboration or a common intervention of the Parties the IPRs shall be entitled to both the Parties, proportionally to their performances, namely: IPR [_patent, trademark, design, software, / know how_]how/ a. [_name_] in a percentage of [__%_]; b. [_name_] in a percentage of [­_%_]. 3. _% Moral rights of the investors will be in any case preserved. 4. The IPRs shall not be released or licensed to any third party, which is not part of the Worth ProjectCirCoAX Programme, as long as the Agreement and the Partnership are in force. 5. When one Party is the exclusive owner of an IPR and such IPR is necessary to the development of the Partnership under this Agreement, such Party shall agree to enter in a free license agreement with the other Party. Furthermore, when the Partnership will be is terminated the Parties shall be able to find a fair agreement for the further access to the IPR. 6. The Parties shall ensure that both its employees as well as any involved third parties who might be able to claim rights to the Results, transfer those rights to the Parties. 7. Each Party shall be responsible to take any necessary action in order to protect and promote the IPRs deriving from its Activity during the Partnership.

IPRs. 1. Ownership of Results, protection of Results and rights to use Results as well as any other IPRs deriving from the activities involved in the realization of the Partnership are subject to the provisions of the present Agreement. 2. The ownership of IPRs deriving from the Project shall be entitled to the Party, which has developed such Results during the realization of the Activity connected to the Partnership itself. In case where the IPRs is the result of a collaboration or a common intervention of the Parties the IPRs shall be entitled to both the Parties, proportionally to their performances, namely: IPR [_patent, trademark, design, software, know how_] a. [_name_] in a percentage of [_%_]; b. [_name_] in a percentage of [­_%_%_]. 3. Moral rights of the investors will be in any case preserved. 4. The IPRs shall not be released or licensed to any third party, which is not part of the Worth Project, as long as the Agreement and the Partnership are in force. 5. When one Party is the exclusive owner of an IPR and such IPR is necessary to the development of the Partnership under this Agreement, such Party shall agree to enter in a free license agreement with the other Party. Furthermore, when the Partnership will be terminated the Parties shall be able to find a fair agreement for the further access to the IPR. 6. The Parties shall ensure that both its employees as well as any involved third parties who might be able to claim rights to the Results, transfer those rights to the Parties. 7. Each Party shall be responsible to take any necessary action in order to protect and promote the IPRs deriving from its Activity during the Partnership.

IPRs. 1. Ownership of Results, protection of Results and rights to use Results as well as any other IPRs deriving from the activities involved in the realization of the Partnership are subject to the provisions of the present Agreement. 2. The ownership of IPRs deriving from the Project shall be entitled to the Party, which has developed such Results during the realization of the Activity connected to the Partnership itself. In case where the IPRs is the result of a collaboration or a common intervention of the Parties the IPRs shall be entitled to both the Parties, proportionally to their performances, namely: IPR [_patent, trademark, design, software, / know how_]how/ a. [_name_] in a percentage of [__%_]; b. [_name_] in a percentage of [­_%_]. 3. _% Moral rights of the investors will be in any case preserved. 4. The IPRs shall not be released or licensed to any third party, which is not part of the Worth S4Fashion Project, as long as the Agreement and the Partnership are in force. 5. When one Party is the exclusive owner of an IPR and such IPR is necessary to the development of the Partnership under this Agreement, such Party shall agree to enter in a free license agreement with the other Party. Furthermore, when the Partnership will be terminated the Parties shall be able to find a fair agreement for the further access to the IPR. 6. The Parties shall ensure that both its employees as well as any involved third parties who might be able to claim rights to the Results, transfer those rights to the Parties. 7. Each Party shall be responsible to take any necessary action in order to protect and promote the IPRs deriving from its Activity during the Partnership.

IPRs. 1. Ownership of Results, protection of Results and rights to use Results as well as any other IPRs deriving from the activities involved in the realization of the Partnership are subject to the provisions of the present Agreement. 2. The ownership of IPRs deriving from the Project shall be entitled to the Party, which has developed such Results during the realization of the Activity connected to the Partnership itself. In case where the IPRs is the result of a collaboration or a common intervention of the Parties the IPRs shall be entitled to both the Parties, proportionally to their performances, namely: IPR [_patent, trademark, design, software, know how_] a. [_name_] in a percentage of [_%_]; ; b. [_name_] in a percentage of [­_%_%_]. 3. Moral rights of the investors will be in any case preserved. 4. The IPRs shall not be released or licensed to any third party, which is not part of the Worth Project, as long as the Agreement and the Partnership are in force. 5. When one Party is the exclusive owner of an IPR and such IPR is necessary to the development of the Partnership under this Agreement, such Party shall agree to enter in a free license agreement with the other Party. Furthermore, when the Partnership will be terminated the Parties shall be able to find a fair agreement for the further access to the IPR. 6. The Parties shall ensure that both its employees as well as any involved third parties who might be able to claim rights to the Results, transfer those rights to the Parties. 7. Each Party shall be responsible to take any necessary action in order to protect and promote the IPRs deriving from its Activity during the Partnership.

IPRs. 1. Ownership of Results, protection of Results and rights to use Results as well as any other IPRs deriving from the activities involved in the realization of the Partnership are subject to the provisions of the present Agreement. 2. The ownership of IPRs deriving from the Project shall be entitled to the Party, which has developed such Results during the realization of the Activity connected to the Partnership itself. In case where the IPRs is the result of a collaboration or a common intervention of the Parties the IPRs shall be entitled to both the Parties, proportionally to their performances, namely: IPR [_patent, trademark, design, software, know how_] a. [_name_] in a percentage of [_%_]; ; b. [_name_] in a percentage of [­_%_%_]. 3. Moral rights of the investors will be in any case preserved. 4. The IPRs shall not be released or licensed to any third party, which is not part of the Worth WORTH Project, as long as the Agreement and the Partnership are in force. 5. When one Party is the exclusive owner of an IPR and such IPR is necessary to the development of the Partnership under this Agreement, such Party shall agree to enter in a free license agreement with the other Party. Furthermore, when the Partnership will be terminated the Parties shall be able to find a fair agreement for the further access to the IPR. 6. The Parties shall ensure that both its employees as well as any involved third parties who might be able to claim rights to the Results, transfer those rights to the Parties. 7. Each Party shall be responsible to take any necessary action in order to protect and promote the IPRs deriving from its Activity during the Partnership.