Common use of Third-Party Development Clause in Contracts

Third-Party Development. To the extent a third party has developed or created for the Company, whether independently or jointly with the Company, Intellectual Property that is material to Company’s business, the Company has a written agreement with such third party providing for the assignment of such Intellectual Property to the Company.

Appears in 2 contracts

Sources: Merger Agreement (Gilat Satellite Networks LTD), Merger Agreement (Bakbone Software Inc)