Common use of Ownership and Protection of XXX STCs and XXX IP Clause in Contracts

Ownership and Protection of XXX STCs and XXX IP. Licensor acknowledges Licensee’s exclusive right, title and interest in and to the XXX STCs and the XXX IP, and shall not at any time during the Term (as defined below) or thereafter do or permit to be done any act or thing which impairs the rights of Licensee with respect to such XXX STCs and XXX IP. This Agreement conveys to Licensor no rights with respect to the XXX STCs and the XXX IP other than specifically set forth in this Article 4. In furtherance of the foregoing, Licensor agrees to implement reasonable precautions to protect the XXX STCs and XXX IP consistent with the undertakings of Licensee with respect to the Technical Information pursuant to Article 6.2 below.