Common use of REDISTRIBUTABLE COMPONENTS Clause in Contracts

REDISTRIBUTABLE COMPONENTS. A. In addition to the license and rights granted in Sections I and II, Infragistics grants you the right to use the presentation layer framework portion of the SOFTWARE in electronic format (collectively "PLF") provided: • You may use the PLF to create your own components, as long as, it is NOT the basis for creating a product that provides the same, or substantially the same, functionality as any Infragistics product; and • in the event You or any of Your developers design, develop or create any Modifications to the PLF, either independently or jointly with Infragistics, such Modifications and all Intellectual Property Rights associated therewith will be the exclusive property of Infragistics. You will, however, be entitled to use such Modifications under the terms set forth in this LICENSE. You and Your developers agree to assign, and hereby assign, to Infragistics the ownership of all such right, title and interests in such Modifications to the PLF including, without limitation, all Intellectual Property Rights therein and Infragistics shall have the right to obtain and hold same in its own name, without obligation of any kind to You except for the rights granted under this LICENSE. You also agree to, and shall ensure Your developer(s), execute, acknowledge and deliver to Infragistics all documents and do all things Infragistics deems necessary or desirable, at no cost to You or them but at Infragistics expense, to enable Infragistics to obtain and secure its rights to such Modifications anywhere in the world. You agree to secure all necessary rights and obligations from Your employees, consultants or agents in order to satisfy the foregoing obligations. You will not grant, either expressly or impliedly, any rights, title, interest, or licenses to any such Modifications to any third party.