Common use of Philips-Owned Software Clause in Contracts

Philips-Owned Software. Royal Philips and PSI Group shall negotiate in good faith mutually agreeable terms and conditions for the maintenance and support of Philips-Owned Software licensed hereunder by Royal Philips to PSI Group.

Appears in 3 contracts

Sources: Intellectual Property Transfer and License Agreement (NXP Semiconductors N.V.), Intellectual Property Transfer and License Agreement (NXP Semiconductors N.V.), Intellectual Property Transfer and License Agreement (NXP Semiconductors N.V.)