Common use of Software and Systems Clause in Contracts

Software and Systems. As between Practice and FIGmd, FIGmd shall exclusively own the software and systems provided by or used in connection with the data, data sets, databases and the like of the HDW and all intellectual property rights therein. Without limiting the foregoing, as between Practice and FIGmd, Practice acknowledges and agrees that FIGmd exclusively owns the data sets, databases and the like of the HDW and all intellectual property rights prepared by or for FIGmd related thereto (including, without limitation, processes, techniques, algorithms, know-how and trade secrets). Further without limiting the foregoing, Practice acknowledges and agrees that, once any data submitted by FIGmd is accepted by the HDW, such data shall not be considered Confidential Information subject to the rights and obligations under Section 7.