Collaboration IP definition
Examples of Collaboration IP in a sentence
Notwithstanding the exclusive license grant under clause (a) above, BIG retains the right under the BIG Collaboration IP to Develop (subject to and solely in accordance with Section 4.3.2), Manufacture, have Manufactured and export (but for clarity, not Commercialize) any Option Product in the Field in the Stoke Territory, solely for the purposes of performing its obligations under a Global Development Plan or Exploiting such Option Product in the Field in the BIG Territory.
The Parties will work together to ensure Merck receives access to Know-How comprised in Collaboration IP that is located at Company’s subcontractors permitted under Section 3.9, and upon Merck’s request, Company will facilitate discussions between Merck and such subcontractors regarding establishing an agreement between Merck and such Third Party going forward (including, for example, with respect to continued archiving of data).
Company shall be entitled to file in its own name relevant patent applications and to own resultant Patent Rights (“Company Foreground Patents”) for any such inventions, subject to Company’s obligations contained in this Agreement and Company’s cooperation with Merck regarding timing of, and disclosure in, the filing of any such patent applications vis-à-vis filing of any Collaboration IP.
Subject to the following sentence, Company shall assign and hereby assigns to Merck all right, title and interest in the Collaboration IP that, but for this Section 8.1, would vest in Company, and Merck accepts such assignment.
The technology transfers set forth in this Section 4.4 shall occur in an orderly fashion and in a manner such that the value, usefulness and confidentiality of the transferred Collaboration IP and Target Compounds are preserved in all material respects.