Reserved Technology definition

Reserved Technology means all (i) Pre-Existing Materials developed by GlobalLogic, that do not embody or incorporate in any manner and are not derived from Client Work Product, Client’s Confidential Information, and Client Materials, and (ii) developed by GlobalLogic outside the scope and independently of this Agreement without reference to, do not embody or incorporate in any manner and are not derived from Client Work Product, Client’s Confidential Information and Client Materials.
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Reserved Technology has the meaning set out in section 4.2(c).
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Reserved Technology means (i) BBTV Tools and any additions, modifications or improvements thereto and any derivatives thereof, and (ii) any ideas, concepts, information, designs, or inventions which are conceived, developed, invented, created, prepared or discovered by BBTV or any of its employees, agents or contractors, either alone or in collaboration with others (including Provider and its employees, agents or contractors), which involve or relate to BBTV Tools or BBTV pre-existing intellectual property. Provider acknowledges that the Reserved Technology and its structure, organization and source code, in whole or in part, constitute valuable trade secrets, intellectual property, and proprietary assets of BBTV. Accordingly, Provider agrees not to use or copy the Reserved Technology except as expressly allowed herein. Provider agrees to enter into agreements with all of its employees, agents and contractors necessary to establish BBTV’s sole ownership in the Reserved Technology. Provider hereby appoints BBTV as its true and lawful attorney-in-fact with the right to execute assignments of and to register any and all rights to the Reserved Technology. This appointment is coupled with an interest and shall survive termination of this Agreement. BBTV hereby grants to Company a perpetual, non-exclusive, royalty-free, fully-paid, worldwide license to use, perform, display, modify and reproduce the Reserved Technology (including related source code) to the extent reasonably required to use fully and completely the Developments; provided, however, that Company shall have no right to sublicense its rights to use the Reserved Technology other than in connection with the exploitation or utilization of the Developments.
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Examples of Reserved Technology in a sentence

  • Ownership and title to ITX Reserved Technology will remain exclusively with ITX.

  • CLIENT understands that under no circumstances does it acquire any rights to ITX Reserved Technology, or any processes, practices, or methods developed or employed by ITX.

  • Notwithstanding the foregoing: (a) nothing in these iDEN Sector Terms shall be construed as a transfer or assignment by any member of the Freescale Group of any Freescale Technology embodied in or used to develop or manufacture the Motorola Sector Technology; and (b) except for the license set forth in Section 2.2 (Custom Products License) no rights are granted under the Agreement (including this Supplement B3) in and to any Motorola Reserved Technology.

  • Any and all of the Reserved Technology Rights may be exercised on behalf of IMPCO by a third party.

  • Client understands that under no circumstances does it acquire any rights to ITX Reserved Technology, or any processes, practices, or methods developed or employed by ITX.

  • The parties acknowledge and agree that neither (i) IMPCO's exercise of the Reserved Technology Rights and the use, manufacture, sale, distribution, and other commercial exploitation of the Tri-Shield Tank in the IMPCO Market, pursuant to Section 2.1(b)(i), nor (ii) the transfer of employees from the IMPCO Group to Quantum prior to the Effective Time, shall constitute a breach of this Section 2.16(b).

  • Quantum shall be solely responsible for all costs associated with any action taken by Quantum against infringers of the Intellectual Property Rights associated with the Reserved Technology Rights.

  • ITX will grant CLIENT a non-exclusive, non-transferable, worldwide, perpetual use license to ITX Reserved Technology.

  • ITX will grant Client a non-­‐ exclusive, non-­‐transferable, worldwide, perpetual use license to ITX Reserved Technology.

  • If the Subcontracting Party expects that any Third Party Subcontractor Reserved Technology rights […***…], then, before entering into such subcontract, the Subcontracting Party (A) shall […***…], (B) shall […***…] and (C) shall […***…].