Common use of Ownership of Newly Created Intellectual Property Clause in Contracts

Ownership of Newly Created Intellectual Property. (a) Subject to Section 12.1(e), each Party (and each Party's respective Affiliates) shall exclusively own all intellectual property (including, without limitation, Know-How, Patents and Patent Applications and copyrights) discovered, invented, authored or otherwise created in connection with the Collaboration solely by such Party, its Affiliates, employees, agents and consultants ("Sole Inventions"). Sole Inventions made solely by Sanofi, its Affiliates, employees, agents and consultants are referred to herein as "Sanofi Sole Inventions". Sole Inventions made solely by Regeneron, its Affiliates, employees, agents and consultants are referred to herein as "Regeneron Sole Inventions". The Parties agree that nothing in this Agreement, and no use by a Party of the other Party's Intellectual Property pursuant to this Agreement, shall vest in a Party any right, title or interest in or to the other Party's Intellectual Property, other than the license rights expressly granted hereunder. Any remuneration payable under applicable law to an inventor and costs associated with determining such remuneration shall be treated as Other Shared Expenses.

Ownership of Newly Created Intellectual Property. (a) Subject to Section 12.1(e), each Each Party (and each Party's ’s respective Affiliates) shall exclusively own all intellectual property (including, without limitation, Know-How, Patents and Patent Applications and copyrights) discovered, invented, authored or otherwise created in connection with the Collaboration solely by such Party, its Affiliates, employees, agents and consultants ("“Sole Inventions"”). Sole Inventions made solely by SanofiCompany, its Affiliates, employees, agents and consultants are referred to herein as "Sanofi “Company Sole Inventions". .” Sole Inventions made solely by Regeneron, its Affiliates, employees, agents and consultants are referred to herein as "“Regeneron Sole Inventions". .” The Parties agree that nothing in this Agreement, and no use by a Party of the other Party's ’s Intellectual Property pursuant to this Agreement, shall vest in a Party any right, title or interest in or to the other Party's ’s Intellectual Property, other than the license rights expressly granted hereunder. Any remuneration payable under applicable law to an inventor and costs associated with determining such remuneration shall be treated as Other Shared Expenses.

Ownership of Newly Created Intellectual Property. (a) Subject to Section 12.1(e), each Party (and each Party's ’s respective Affiliates) shall exclusively own all intellectual property (including, without limitation, Know-How, Patents and Patent Applications and copyrights) discovered, invented, authored or otherwise created in connection with the Collaboration solely by such Party, its Affiliates, employees, agents and consultants ("“Sole Inventions"”). Sole Inventions made solely by Sanofi, its Affiliates, employees, agents and consultants are referred to herein as "“Sanofi Sole Inventions"”. Sole Inventions made solely by Regeneron, its Affiliates, employees, agents and consultants are referred to herein as "“Regeneron Sole Inventions"”. The Parties agree that nothing in this Agreement, and no use by a Party of the other Party's ’s Intellectual Property pursuant to this Agreement, shall vest in a Party any right, title or interest in or to the other Party's ’s Intellectual Property, other than the license rights expressly granted hereunder. Any remuneration payable under applicable law to an inventor and costs associated with determining such remuneration shall be treated as Other Shared Expenses.