Common use of Patents and Other Intangible Assets Clause in Contracts

Patents and Other Intangible Assets. The Company owns all of its ----------------------------------- granted, pending or common law rights in its patents, trademarks, tradenames and copyrights. The Company has a license under any and all patents, patent applications, trademarks, trade names, brand names, inventions, processes, formulae or copyrights not owned by it to the extent that the Company knows to be necessary for the operation of the business of the Company as now conducted and as proposed to be conducted (the "Necessary Intellectual Property"). Without having conducted any special infringement or patent search, except as set forth on the Schedule of Exceptions the Company is unaware of any infringement of or conflict with the rights of others with respect to the Necessary Intellectual Property.

Appears in 4 contracts

Samples: License Agreement (Intertrust Technologies Corp), License Agreement (Intertrust Technologies Corp), Preferred Stock Purchase Agreement (Intertrust Technologies Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.