The Technology Clause Samples
The "THE TECHNOLOGY" clause defines and describes the specific technology, software, or intellectual property that is the subject of the agreement. It typically outlines what constitutes the technology, including any related components, documentation, or updates, and may specify ownership or licensing rights. By clearly identifying the technology involved, this clause ensures both parties understand the scope of what is being provided or licensed, thereby preventing disputes over what is included and protecting the interests of both parties.
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The Technology. Assignment of all rights to the ThyroTest technology to be held in escrow and not delivered to CLX until all terms of purchase described in the Definitive Purchase Agreement, together with all modifications and amendments, have been fully satisfied. Upon full satisfaction, escrow agent shall deliver the assignment and transfer of the technology to CLX as agreed.
The Technology. As used herein, the terms “Technology” and “
The Technology. The “Licensor’s Technology” refers to all proprietary rights, including patents, copyrights, trade secrets, formulas, research data, processes, know-how and specifications related to the Licensor’s design and construction of the Facility identified in Exhibit 2A.
The Technology. 8 4. LICENSE .................................................................................................................................. 11 5.
The Technology. The activated Mineral Extraction System (▇▇▇▇™) is an innovative technology developed by Activated Water Technologies (AWT) to more efficiently and sustainably recover minerals, reagents & water from aqueous solutions. The technology is based on a novel integration of proven technologies, combined with proprietary process IP consisting of patents, expertise and knowhow, developed over many years. AWT is a private Australian company, focused on the commercialisation of the ▇▇▇▇™ technology. AWT has secured cornerstone IP from the inventors of the technology, and has entered into subsequent technology licensing and strategic collaboration agreements with AWT’s primary research partner, a major Australian university. The innovative research being performed by AWT and its partners has recently been recognised through the successful award of several substantial research grants, including from the Australian Research Council. AGG is an unlisted Australian public company focused on the commercialisation of its patented AquaArmour™ product, which has been installed in a range of commercial applications, including in the mining industry in Australia and Chile. AGG is in the process of acquiring Activated Water Technologies, with AGG itself in the process of being acquired by a Canadian company (subject to regulatory approval).
The Technology. The Consultant has developed a proprietary technology for a procedure to fabricate aluminum bull yachts and boats using a hybrid of d the AUTOSHIP software program to predict the outcomes of construction (the "Technology"). The Consultant hereby transfers title in and to tile Technology and assigns to SAILTECH sole copyright in the Technology. The Consultant agrees that title to the Technology is to be considered to have been transferred, and any copyright in the Technology is to be considered to have been assigned by the Consultant to SAILTECH upon creation of tile Technology. The Consultant hereby irrevocably waives in favor of SAILTECH, the Consultant's moral rights in respect of the Technology. The Consultant will also execute any further documents at SAILTECH's request and expense to give full effect to the transfers. assignments and waivers set out in this section. The Consultant will not divulge the Technology to any third parties and will not perform "fold-up" aluminum hull design services to other parties without the prior consent of SAILTECH. All software, hardware, data information, content, data structures, reports, drawings, models, designs, specifications and other documents or products produced. received or acquired by the Consultant as a result of the provision of the aforementioned consulting services (the "Material") shall be the sole property of SAILTECH and SAILTECH shall have the right to utilize all of the Material for its benefit in any way it sees fit without limitation.
The Technology. (i) All engineering and manufacturing documents and drawings, technical manuals, written procedures, processes, prints and process sheets of Seller, now or formerly used by Seller in the Business or pertaining to the design, development, manufacture, assembly, use or sale of the products of the Business.
(ii) All know-how, technology, trade secrets, methods of manufacture, processes, designs, techniques, assembly techniques, test programs, training manuals and procedures, customer lists and other information of Seller, whether now written or not, now or formerly used by Seller in the Business or pertaining to the design, development, manufacture, assembly, use and sale of the products of the Business, including without limitation, all of the Seller's right, title and interest in software and related source code, object code and documentation pertaining to the Business.
(iii) All licenses, license agreements, sub-license agreements, contracts and other rights of Seller relating in any way to the Business, including without limitation all licenses, contracts and other rights to make, have made, use, sell and/or lease the products of the Business and the component parts of the products of the Business.
The Technology