Company’s Background IP definition
Examples of Company’s Background IP in a sentence
For the avoidance of doubt, (a) the RPO’s Background IP would include [insert a description of any specific items of IP to be included in the definition], and (b) the Company’s Background IP would include [insert a description of any specific items of IP to be included in the definition]”.
Ownership of Background IP Nothing in the Collaboration Agreement would affect (a) the RPO’s ownership of the RPO’s Background IP, or (b) the Company’s ownership of the Company’s Background IP.
Company represents that it is the sole and exclusive owner of Company’s Background IP.
Company hereby grants to Pfizer and its Affiliates, during the Term, a non-exclusive, fully paid up, royalty-free, worldwide, non-transferable (except in connection with an assignment of this Agreement) license, with the right to grant sublicenses through multiple tiers, under Company’s Background IP, Company Foreground Know-How, and Company Foreground Patent Rights solely to conduct Pfizer’s obligations and perform the Services under this Agreement and any Statement of Work.
Company must approve in writing each R&D Program prior to University conducting any research utilizing Company’s Background IP.
The Company’s Background IP will be owned by the Company and the Provider Background IP will be owned by the Provider, and except as otherwise provided herein, nothing in this Agreement will be deemed to grant any ownership of a Party’s Background IP to any other Party.