Common use of Pre-Existing Clause in Contracts

Pre-Existing. Each party shall retain exclusive ownership of Intellectual Property created, authored, or invented by it prior to the commencement of the Services. If you provide Impero with your pre-existing Intellectual Property (“Customer IP”), then you hereby grant to Impero, during the term of the applicable Service Order, a limited, worldwide, non-transferable, royalty-free, right and license (with right of sub-license where required to perform the Services) to use the Customer IP solely for the purpose of providing the Services. You represent and warrant that you have all rights in the Customer IP necessary to grant this license, and that Impero’s use of such Customer IP shall not infringe on the Intellectual Property rights of any third party.

Pre-Existing. Each party shall retain exclusive ownership of Intellectual Property created, authored, or invented by it prior to the commencement of the Services. If you provide Impero with your pre-existing Intellectual Property (“Customer IP”), then you hereby grant to Impero, during the term of the applicable Service Order, a limited, worldwide, non-non- transferable, royalty-free, right and license (with right of sub-license where required to perform the Services) to use the Customer IP solely for the purpose of providing the Services. You represent and warrant that you have all rights in the Customer IP necessary to grant this license, and that Impero’s use of such Customer IP shall not infringe on the Intellectual Property rights of any third party.

Pre-Existing. Each party shall retain exclusive ownership of Intellectual Property created, authored, or invented by it prior to the commencement of the Services. If you provide Impero Customer provides iret with your pre-existing Intellectual Property (“its Customer IP”), then you Customer hereby grant grants to Imperoiret, during the term of the applicable Service Order, a limited, worldwide, non- exclusive, non-transferable, royalty-free, right and license (with right of sub-license where required to perform the Services) to use the Customer IP solely for the purpose of providing the Services. You represent Customer represents and warrant warrants that you have Customer has all rights in the Customer IP necessary to grant this license, and that Imperoiret’s use of such Customer IP shall not infringe on the Intellectual Property rights of any third party.