Joint Know Clause Samples
The "Joint Know" clause establishes that both parties to an agreement are considered to have shared or mutual knowledge of certain facts or circumstances. In practice, this means that any information explicitly disclosed to both parties, or that both parties are reasonably expected to know, is treated as jointly known for the purposes of the contract. This clause helps prevent disputes over whether one party was aware of specific information, ensuring that both parties are held to the same standard of knowledge and promoting fairness and clarity in the contractual relationship.
Joint Know. How shall mean Know-How, whether or not patentable, conceived, created, made, generated or developed jointly by employees of Licensee and Ipsen or any of its Affiliates (with or without a third party) as a result of the research or Development activities of the Parties pursuant to, or contemplated under, this Agreement (including, without limitation, Section 2.11 hereof). The term “Joint Know-How” shall include all Joint Inventions.
Joint Know. How The term “Joint Know-How” shall mean Know-How that is made jointly by the Parties or their Affiliates or their Sublicensees in the course of performing an activity pursuant to this Agreement.