Embedded Market definition

Embedded Market means the range of consumer, industrial and commercial applications whereby computer functionality -- from the most basic to complex -- is incorporated within hardware and software devices that are not traditional desktop or laptop computers. 1.3. "Emulation Market" means consumer and commercial purchasers of technology through which the functionality of a computer processor is mimicked by software so that PC-based software applications may be run on non-PC machines, such as the Mac or UNIX product lines. 1.4. "FWB Products and Services" means the software products and services that are reasonably related to or derived from the Intellectual Property. 1.5. "Gross Profit" means, for each applicable period relating to the Payments, an amount equal to the net sales and services related to and derived from the Intellectual Property, determined in accordance with Generally Accepted Accounting Principles, and net of (i) all royalties due by FWB to third parties; (ii) direct product costs such as freight, packaging, product manuals; and (iii) all returns, allowances, and discounts relating to the Intellectual Property. Indirect costs and expenses relating to general administration, sales, marketing, and support are expressly excluded from the calculation of Gross Profit. 1.6. "Intellectual Property" means the all Intellectual Property Rights held respectively by Insignia UK and Insignia US in RealPC and SoftWindows, and any derivative works thereof. 1.7. "Intellectual Property Rights" means all worldwide statutory and common law rights associated solely with (i) patents and patent applications; (ii) works of authorship including copyrights, copyright applications, copyright registrations, trademarks, Internet domain names and "moral rights"; (iii) the protection of trade and industrial secrets and confidential information; and (iv) divisions,
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Examples of Embedded Market in a sentence

  • The metering standards for a Customer who is not an Embedded Market Participant are defined in Subsection 2.3.6 of the Conditions of Service.

  • An Embedded Market Participant shall own, install and maintain the Meter Installation and contract the services of a registered Meter Service Provider.

  • During the term of this Agreement and for a period of five (5) years following, neither FWB nor any transferee shall use, or allow any third party to use, the Intellectual Property in order to develop and market new products or services that directly compete with any products or services in the Embedded Market.

  • Following any sale and transfer of the Intellectual Property to FWB pursuant to this Agreement, the Insignia Group shall have a perpetual, transferable, royalty-free license to use, modify, create derivative works, reproduce, distribute, license, sublicense, and publicly display all code comprising the Intellectual Property solely within the Embedded Market.