Background Technology definition
Examples of Background Technology in a sentence
As between the Parties, each Party will solely own its Background Technology.
For the avoidance of doubt, except as otherwise set forth in Section 7.1.5 (Data License), no ownership interest, license or other right in or to any Exact Collaboration Technology or Background Technology of Exact shall be granted to Freenome hereunder, whether by implication, estoppel or otherwise.
For the purpose of clarity, Products and Services may be used and sold under this Section 4.2; provided that no license is granted under this Section 4.2 with respect to Kopin Background Technology other than to the extent necessary for the exercise of StableX’s rights in Project Technology under this Agreement.
Under no circumstances shall ownership of Kopin Background Technology transfer to StableX.
The Parties acknowledge that StableX is funding the development of the prototype and demonstration version of the Project Technology and, subject to agreement on a Production Plan, may take commercial risk associated with bringing the Project Technology to production, while K▇▇▇▇ is performing the Development Work and retaining ownership of the Kopin Background Technology.