Retain ownership of existing intellectual property. Except for the rights granted when licensing this Agreement, each Party retains all interest and ownership of its intellectual property that existed prior to this Agreement or that has been developed outside the scope of this Agreement. In many ways, an NDA protects confidential information that can also be considered the „intellectual property“ of your business – the intangible assets that your company will withdraw from its competitors. Please note that IPWatchdog, Inc. will not be able to answer questions about changes that may or should be made to this agreement due to your particular circumstances, and we cannot answer questions about what different provisions mean. If you need this type of support, do not hesitate to contact us and we will endeavor to put you in touch with a lawyer who can help you. [PART B] Developed intellectual property. Any intellectual property developed exclusively by [PARTY B] in connection with its work on [DELIVERABLE] without the participation of the other party is and remains the exclusive and exclusive property of [PARTY B] („[PARTY B]-Developed Intellectual Property“). Retain ownership of the licensed intellectual property rights. [PART A] retains all shares and ownership of the licensed intellectual property, with the exception of the rights granted [to PARTY B] in the „License Grant“ section. The use of the intellectual property licensed by [PART B] and the accumulated goodwill shall be for the exclusive benefit of [PART A].
Whether it`s protecting your startup`s intellectual property in its early stages or simply keeping early business conversations private, the solution could most of the time be a simple confidentiality agreement (NDA). In license agreements, the intellectual property clause explicitly states that the only intellectual property rights that change ownership are those specifically granted in the licensing clause. A licence is not a transfer, sale or assignment, it has no influence on ownership; the licensee is not the owner of the intellectual property granted to him, the licensor reserves ownership. The intellectual property clause in a license is intended to clarify that the license is only a license, that it does not affect the ownership of the licensor`s intellectual property, and that any goodwill existing in the IP granted or goodwill accumulated during the agreement benefits the licensor, not the licensee (Goodwill`s „ownership“ is the most important in the grant of the trademark). [PART A]. [PARTY B] transfers [PART A] all interests it has in respect of modifications [PART B] or other intellectual property rights [PART B] for the duration of and in connection with this Agreement. Intellectual property developed jointly. In the event that the parties jointly develop the intellectual property, the parties conduct negotiations in good faith to determine their respective rights. In the event that the parties do not reach an agreement on this jointly developed property, each party shall have the same ownership and intellectual property rights, without further obligation and without liability to the other party. (6) This Agreement shall not be interpreted in such a way as to create, transfer, transfer, grant or transfer any rights, licenses or powers to or over the information exchanged, with the exception of the limited right referred to in paragraph 2 to use confidential information.
In addition, and in particular, this Agreement does not grant or imply any license or transfer of intellectual property rights. (b) assignment. The Director agrees to assign to the Company any intellectual property rights that may arise during the term of this Agreement and to transmit them. See the assignment of intellectual property for additional elements such as notification and cooperation. . . .