Common use of Ownership of Products and Enhancements Clause in Contracts

Ownership of Products and Enhancements. All Intellectual Property Rights owned by a Party prior to the Effective Date of this Agreement, and all Intellectual Property Rights developed solely by a Party during the Team of this Agreement shall remain the sole and exclusive property of that Party and any third party licensor from which the Party may have obtained such rights. The Products, their parts and component, and all Enhancements to the Products, shall be the sole and exclusive Property of Medis, except for the QBS Works, if any.

Ownership of Products and Enhancements. All Intellectual Property Rights owned by a Party prior to the Effective Date of this Agreement, and all Intellectual Property Rights developed solely by a Party during the Team Term of this Agreement shall remain the sole and exclusive property of that Party and any third party licensor from which the Party may have obtained such rights. The Products, their parts and componentcomponents, and all Enhancements to the Products, shall be the sole and exclusive Property of Medis, except for the QBS Distributor Works, if any.

Ownership of Products and Enhancements. All Intellectual Property Rights owned by a Party prior to the Effective Date of this Agreement, and all Intellectual Property Rights developed solely by a Party during the Team Term of this Agreement shall remain the sole and exclusive property of that Party and any third party licensor from which the Party may have obtained such rights. The Products, their parts and componentcomponents, and all Enhancements to the Products, shall be the sole and exclusive Property of Medis, except for the QBS Kensington Works, if any.

Ownership of Products and Enhancements. All Intellectual Property Rights owned by a Party prior to the Effective Date of this Agreement, and all Intellectual Property Rights developed solely by a Party during the Team Term of this Agreement shall remain the sole and exclusive property of that Party and any third party licensor from which the Party may have obtained such rights. The Products, their parts and componentcomponents, and all Enhancements to the Products, shall be the sole and exclusive Property of Medis, except for the QBS Superior Works, if any.