Common use of Please Choose One Clause in Contracts

Please Choose One. Option 1 Not applicable OR Option 2 The following field in which the Company intends to make commercial use of the Inventions generated under the Project and comprised by clause 6: field description Foreground Knowledge: All information, including any data and/or result, regardless of form and regardless of whether it is or can be protected and intellectual property rights derived thereof, which is generated under the Project by a person employed with or allocated by a Party to the Project. Invention: Foreground Knowledge that may enjoy protection as patent or utility model under the generating Party’s national law.