Examples of Background Intellectual Property in a sentence
Any improvements, developments, adaptations and/or modifications to the Foreground Intellectual Property, and any and all new inventions or discoveries, based on or resulting from the use of Transnet’s Background Intellectual Property and/or Confidential Information shall be exclusively owned by Transnet.
For the avoidance of doubt all the Supplier/Service Provider’s Background Intellectual Property shall remain vested in the Supplier/Service Provider.
During the term of this Agreement, and for a period of five (5) years thereafter, each party will maintain in confidence all confidential Background Intellectual Property and Project Intellectual Property of a party, as well as all other Confidential Information of a party disclosed by that party to the other in connection with this Project.
Both parties agree to provide the Background Intellectual Property necessary to complete the objectives of the project.
During the term of the applicable Task Order under which Confidential Information is disclosed, and for a period of five (5) years thereafter, each Party will maintain in confidence all confidential Background Intellectual Property, Research or Testing/Evaluation Intellectual Property, and all other Confidential Information of a Party disclosed by that Party to the other in connection with the applicable project.