Examples of New Invention in a sentence
For New Inventions or Discoveries developed solely by University, the University or its designee, consistent with the University’s technology transfer policies, will offer Sponsor the first option to enter into a royalty-bearing license agreement to obtain an exclusive, royalty-bearing license to all rights in such New Invention or Discovery, which must be exercised within sixty (60) days of Sponsor’s receipt of notice of such invention.
Company shall be entitled to implement, at any time, any New Invention at its own discretion without Client’s consent, providing it does not influence the way the Client uses the system.
New Invention DisclosuresCommercializing intellectual property developed by UA faculty, students, and staff is a critical component of Alaska’s economic future.
Any New Invention Products shall be the exclusive property of Licensor, whether or not developed by Licensor and whether or not Licensor's trade secrets are used to develop the New Invention Products; provided that such New Invention Products shall be deemed to be within the license granted hereunder.
The parties acknowledge that new or modified versions of the Licensed Products ("New Invention Products") other than as defined herein are anticipated.