R&D Projects Clause Samples
The R&D Projects clause defines the terms and conditions under which research and development activities are conducted between the parties. It typically outlines the scope of the projects, responsibilities of each party, ownership of results, and procedures for managing intellectual property developed during the collaboration. By clearly establishing these parameters, the clause ensures that both parties understand their roles and rights, thereby minimizing disputes and facilitating effective cooperation in joint innovation efforts.
R&D Projects. The Parties acknowledge and agree that the R&D Projects shall be governed by certain separate agreements between the Parties. To the extent there is a conflict between the terms of this Agreement and such agreements, the terms of such agreements shall control.
R&D Projects. Immediately after the date of this Agreement, ICI shall disclose to the Purchaser full information relating to each Specified SRF Project and the Specified BLP so that the Purchaser can determine whether it wishes to participate in each Specified SRF Project under Clause 2.3 of the IP Agreement or in the Specified BLP under Clause 11 of the IP Agreement.