Joint Intellectual Property. 9.1 University agrees to not Implement any Joint Intellectual Property for any purpose other than educational, experimental or research purposes. In consideration of University not Implementing the Joint Intellectual Property except for the limited purposes set forth in this paragraph, Company agrees to Implement any Joint Intellectual Property only in accordance with a license agreement to be entered into by Company and University with respect to the Implementation of such Joint Intellectual Property. Company shall pay to University, in connection with such Implementation, a compensatory royalty in accordance with such license agreement to be agreed by the Parties.
Joint Intellectual Property. 4.3.1. Each Party will have the independent, unrestricted right to use, practice and dispose of its interest in Joint Intellectual Property in such manner as it deems appropriate without accounting to the other Party.
Joint Intellectual Property. The Parties shall not develop or create any Intellectual Property that shall be deemed to be jointly owned unless they mutually agree in writing in advance that such Intellectual Property shall be jointly owned.
Joint Intellectual Property. In the event that either party desires to obtain any Intellectual Property Protections concerning Joint Intellectual Property, such party will notify the other party and the parties shall mutually agree upon patent strategy and cost allocation. Each party agrees to execute documentation necessary in connection therewith. Title to all patents issued on Joint Intellectual Property shall be joint and each party shall have the right to license such Joint Intellectual Property to third parties, with the right to sublicense thereunder, without accounting to the other and without seeking the consent of the other. In the event that consent by each joint owner is necessary for either joint owner to non-exclusively license the Joint Intellectual Property, the parties hereby consent to the other party’s grant of one or more licenses under the Joint Intellectual Property to third parties and shall execute any document or do any other reasonable act deemed necessary to evidence such consent.
Joint Intellectual Property. Joint IP" means all intellectual property that is developed jointly by the Parties under this Agreement. Each Party will have the right, subject to this Agreement and applicable law, to make, have made, use, offer to sell, sell, import, publicly display and publicly perform Joint IP and freely exercise, transfer, assign, license, encumber, and enforce all of its rights in the Joint IP without the consent, joinder, or participation of, or payment or accounting, to the other Party. By mutual agreement, the Parties shall identify which Party shall file patent applications, trademark applications, or any other intellectual property filing for any Joint IP.
Joint Intellectual Property. (i) The parties intend that any Intellectual Property developed through the combined efforts of the parties during the Term of this Agreement shall be developed pursuant to a negotiated development agreement, which shall be negotiated in good faith, and entered into, by the parties prior to commencement of work for the development of the Intellectual Property (each such agreement a “Development Agreement”). The terms of any such Development Agreement shall govern the parties rights in and any restrictions or obligations with respect to the Intellectual Property that is the subject of such Development Agreement.
Joint Intellectual Property. 7.1 It is acknowledged and understood by the Parties hereto that any and all intellectual property rights and research materials, which are in the possession of ………………and UPM respectively prior to the conclusion of this Agreement, are independent property of the respective Parties and in no way affected by this Agreement.
Joint Intellectual Property. 9.3.1. All Intellectual Property other than Developed IP and Excluded Zomedica IP that is developed, invented, or conceived, (a) solely by or on behalf of a Party that is derived from the Confidential Information or Intellectual Property of the other Party while performing any activities under this Agreement or (b) jointly by representatives of both Parties (collectively, (a) and (b), “Joint Intellectual Property”), will be jointly owned by both Parties provided, however that neither Party will obtain any rights in the Background IP of the other Party.