Patent Management definition
Examples of Patent Management in a sentence
Each Party agrees to cooperate fully in the Patent Management of any Patent Rights under this Agreement.
Any employee to whom the conditions set forth in Section 16.04.02 above applies who, either alone or in association with others, makes an invention shall promptly disclose the invention in writing to the University Patent Management Officer in a format acceptable to the University.
If an invention is made and/or developed with University support of a significant degree in time, money, materials, or facilities, the inventor must submit a full disclosure of the invention to the Patent Management Officer.
For clarity, for so long as there is more than one licensee to Penn Patent Rights, Penn does not typically agree to a Patent Management Agreement but may consider doing so if all licensees to the Penn Patent Rights agree thereto.
If, however, Company desires to manage the preparation, prosecution and maintenance of the Patent Rights with input from Penn, and with agreement from Penn, which will not be unreasonably withheld, and Company is the sole licensee to the Penn Patent Rights, then Company and Penn will enter into with patent counsel a Patent Management Agreement in the form attached as Exhibit ▇.
Upon termination or expiration of this Agreement, the Patent Management Agreement will automatically terminate as to Licensee.
This Agreement, together with the Patent Management Agreement, sets forth the complete agreement of the Parties concerning the subject matter hereof.
The Party owning the Invention other than those relating to Ribozymes, shall be responsible for Patent Management of such Patents, with the Non-Filing Party having the right to pursue prosecution of those Inventions the Filing Party chooses not to pursue at the Non-Filing party's expense.
The Party owning the Invention shall be responsible for the preparation, filing, prosecution, and maintenance (the "Patent Management") of a Patent for such Invention(the "Filing Party"), subject to the provisions of Section 8.
The Party having responsibility for Patent Management shall take the lead in any such action.