Patent Rights Arising After Effective Date of Agreement Sample Clauses

Patent Rights Arising After Effective Date of Agreement. All patent rights in the Product arising after the Effective Date, including all variations, modifications, improvements, updates, and derivations of the Product and any continuations, continuations-in-part, or divisional applications deriving from the Product or the Patent shall be jointly owned by Owner and DRG, each owning an undivided one-half interest subject to, but not limited to, Section 5.2 of this Agreement. DRG shall take all actions necessary to protect the worldwide patent rights of the Patent, including but not limited to, filing patent applications covering the Product, or any improvements thereof, in any country who is a Contracting State to the Patent Cooperation Treaty (“PCT”), including the filing of a PCT application. DRG may also file and prosecute patent applications in countries who are not Contracting States to the PCT (“Non-PCT Country”). DRG shall also pay the attorneys fees and filing fees related to the filing of any and all such patent applications. Owner shall authorize its patent counsel to provide written confirmation to DRG regarding the status of the Patent, and other relevant information regarding protection of the Product, including information regarding all filing deadlines. DRG shall have the option but not the obligation to continue to utilize Owner’s patent counsel.
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Related to Patent Rights Arising After Effective Date of Agreement

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • Effective Date of Agreement; Termination (a) This Agreement shall become effective when the parties hereto have executed and delivered this Agreement.

  • Date of Agreement The date of this Agreement is intended as a date for the convenient identification of this Agreement and is not intended to indicate that this Agreement was executed and delivered on that date.

  • Effective Date and Termination of Agreement This Agreement shall become effective on January 1, 2018 and unless terminated sooner it shall continue in effect until April 30, 2018. It may thereafter be continued from year to year only with the approval of a majority of those trustees of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent Trustees”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent Trustees. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

  • Effective Date of This Agreement and Termination Thereof (a) This Agreement shall become effective at 10:00 A.M., New York time, on the first full business day following the day on which you and the Company receive notification that the Registration Statement became effective.

  • Effective Date and Term of Agreement This Agreement is effective and binding on the Company and Employee as of the date hereof; provided, however, that, subject to Section 2(d), the provisions of Sections 3 and 4 shall become operative only upon the Change in Control Date.

  • EFFECTIVE DATE; TERM OF AGREEMENT This Agreement shall become effective as of April 5, 2005 (the "Effective Date"). Executive's employment shall continue on the terms provided herein until April 4, 2008 (the "End Date"), subject to earlier termination as provided herein (such period of employment hereinafter called the "Employment Period").

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