Contractor Agreement Intellectual Property

[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 »). As a general rule, a contract for the creation of intellectual property contains provisions declaring the intention of the parties with regard to the ownership and use of the work. This may include that it is identified as a rental work within the meaning of copyright law. Depending on the intentions of the parties, ownership of the plant could be retained by the self-employed worker or independent contractor licensed to the other party for its use. Common variants of this Agreement shall indicate the intellectual property established by one or both Parties in the course of the Agreement, either exclusively by the Party which established it or jointly between the two Parties as co-authors. A contractual relationship generally requires the contractor less to transfer intellectual property rights to an employer. The employee undertakes to transfer to the employer all current and future rights, titles and interests in intellectual property (« intellectual property ») created or discovered in the course of his employment. Intellectual property includes, among other algorithms, code, concepts, developments, designs, discoveries, ideas, formulas, improvements, inventions, processes, software, trademarks and trade secrets. Intellectual property also includes material forms of performance (e.g.B. Drawings, notes) of intangible objects. The intellectual property clause deals with intellectual property under the agreement, including the existing intellectual property of each party.

Grant of License. upon expiration or termination of this Agreement, [PARTY A] [PART B] grants an irrevocable, fully paid-up, non-paying, worldwide, non-exclusive license, with the right of sublicense, patents, copyrights or other intellectual property rights related to a [PARTY B-Developed Intellectual Property], including the right to exercise the [PARTY B-Developed Intellectual Property], and the right to produce products and processes; used, imported, offered for sale and sold under the [PARTY B-Developed Intellectual Property]. . . .

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