Background IP definition
Examples of Background IP in a sentence
As between the Parties, each Party will retain all right, title and interest in and to all of its Background IP.
Nothing in this Agreement shall be construed as transferring ownership of either Party’s Background IP.
The Employee shall not be required to assign to the Company any inventions, discoveries, developments, works of authorship, patents, data, or other intellectual property that were conceived, developed, or reduced to practice by the Employee prior to the commencement of employment or outside the scope of the Employee’s services for the Company (“Background IP”), provided that such Background IP is disclosed in writing to the Company prior to or promptly following the commencement of employment.
Nothing in this Agreement shall be construed to require the assignment of any Background IP to the Company.