Common use of Work Results Clause in Contracts

Work Results. 5.1 All rights to results (including any Intellectual Property therein) from work performed by the Graphic Service Parties or the Company under or otherwise related to this Agreement shall be the sole and exclusive property of the Company. Such rights shall include, but not be limited to, the right to amend and alter works of copyright and assign and sub-license rights thereto. 5.2 The Company hereby grants to the Graphic Service Parties a royalty-free non-exclusive, world-wide, perpetual, irrevocable, sub-licensable, assignable license to the Intellectual Property in the results from work performed by the Graphic Service Parties or the Company under or otherwise related to this Agreement, including the right use, copy, distribute, amend, alter and otherwise commercialize such Intellectual Property.

Appears in 2 contracts

Sources: Sale and Purchase Agreement, Sale and Purchase Agreement (Graphic Packaging Corp)