Common use of PFPC System Clause in Contracts

PFPC System. The Sub-Administrator shall retain title to and ownership of any and all data bases, computer programs, screen formats, report formats, interactive design techniques, derivative works, inventions, discoveries, patentable or copyrightable matters, concepts, expertise, patents, copyrights, trade secrets, and other related legal rights utilized by the Sub-Administrator in connection with the services provided by the Sub-Administrator to the Trust and/or the Administrator.

Appears in 4 contracts

Samples: Sub Administration Services Agreement (BB&T Variable Insurance Funds), Sub Administration Services Agreement (Bb&t Funds /), Sub Administration Services Agreement (Bb&t Funds /)

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