Common use of Tangible Research Property Clause in Contracts

Tangible Research Property. If TXSTATE elects to establish property rights other than patents to any tangible research property (such as biological materials) developed during the course of the research, TXSTATE and the Company will determine the disposition of rights to such property by separate agreement. TXSTATE will, at a minimum, reserve the right to use and distribute tangible research property for research purposes.

Appears in 2 contracts

Sources: Intellectual Property Agreement, Intellectual Property Agreement