Contract IPR definition
Examples of Contract IPR in a sentence
Except as otherwise provided below, the filing of Contract IPR applications on joint inventions shall be subject to mutual agreement.
The Parties will thereafter confer in good faith to agree on an appropriate course of action for filing Contract IPR applications, including which Party is to be responsible for the preparation, filing and prosecution of Contract IPR applications, and in which countries of the world to file such Contract IPR applications.
All additional costs related or pursuant to such filing, including prosecution costs, maintenance costs of the application for a Contract IPR or the maintenance costs for a Contract IPR granted thereon shall be paid by the first Party.
All costs related to applications for a Contract IPR or to Contract IPRs granted on such applications shall be shared equally between the Parties, except as may be otherwise provided in this Article 6 hereafter.
Contract IPRs resulting from such applications for a Contract IPR on a joint invention are subject to a royalty-free, fully paid-up, non-exclusive, unrestricted license for the own use of the Party who did not want to file in certain countries and its Associated Companies for the lifetime of the Contract IPR(s) concerned, subject to any Cross Licenses or renewals thereof.
The Parties agree that Philips shall file or have filed, prosecute and maintain applications for a Contract IPR on joint inventions.
In the event that one of the joint owners of an application for a Contract IPR or a Contract IPR on a joint invention wants to stop paying of its share of the maintenance fees or other costs in any country, the other owner may take over the payment of such share.