Founder Technology definition

Founder Technology means any invention in the areas of math-based products, test preparation products and adaptive learning math products (excluding CTAT and Genetics Cognitive Tutor): (i) of which one Founder is, or more than one Founder collectively are, the Principal Inventors; and (ii) for which CMU has the right to license to Apollo, including without limitation, taking into account CMU’s Intellectual Property Policy (as the same is applied by CMU substantially in conformance with CMU’s past practices).
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Examples of Founder Technology in a sentence

  • Any sale or license of the Founder Technology after the expiration of a Founder Third Party Period shall again be subject to this Section (provided that such subsequent sale or exclusive license is within the Founder ROFN Term).

  • If Apollo elects in writing within thirty (30) days (the “Founder Notice Period”) after receipt of such notice (the “Founder Negotiation Election”), Apollo and CMU shall thereafter negotiate a purchase or license (as applicable) of such Founder Technology for ninety (90) days after Apollo’s notice of such election (such ninety (90) day period is referred to as the “Founder Exclusivity Period”).

Related to Founder Technology

  • Company Technology means all Technology used in or necessary for the conduct of the business of the Company or any of its Subsidiaries, or owned or held for use by the Company or any of its Subsidiaries.

  • Customer Technology means Customer's proprietary technology, including Customer's Internet operations design, content, software tools, hardware designs, algorithms, software (in source and object forms), user interface designs, architecture, class libraries, objects and documentation (both printed and electronic), know-how, trade secrets and any related intellectual property rights throughout the world (whether owned by Customer or licensed to Customer from a third party) and also including any derivatives, improvements, enhancements or extensions of Customer Technology conceived, reduced to practice, or developed during the term of this Agreement by Customer.

  • Proprietary Technology means the technical innovations that are unique and

  • New Technology means methods, products, processes and procedures developed through science or research;

  • SAP Technology Solution(s) means SAP NetWeaver Foundation for Third Party Applications, SAP Business Technology Platform (excluding when used solely as a Connectivity App between an SAP Application and ERP), SAP Signavio Solutions and SAP Process Insights (including any renamed, prior and/or successor versions of any of the foregoing made generally available by SAP, if any but excluding when any of the foregoing are used as a User Interface for ERP).