Improvement

Example (1): Improvements

1.If Licensee develops any improvements or invention relating to Licensed Technology and secure one or more patents on any of such Improvements or Inventions during the term of this Agreement, Licensee shall equally share the ownership of said patents, nevertheless all the rights shall be borne by Licensee.

2.If Licensor and Licensee Jointly develop an improvement or any of such improvement or inventions during the term of this Agreement, both Licensor and Licensee shall equally share the said 40 patents, nevertheless all the costs to file the patent applications and to maintain the patent rights shall be borne by Licensee.

3.If Licensor develops any Improvement or invention relating to Licensed Technology and secure one or more patents on any such Improvements during the term of this Agreement, Licensor shall grant the non-exclusive right to Licensee.

Example (2): Improvements

Licensee hereby agrees to disclose promptly to Licensor any improvements owned, acquired or controlled by Licensee during the life of this Agreement. Licensee further agrees that it shall grant to Licensor a non-exclusive and royalty-free license with the right to grant sublicense to manufacture, use and sell outside Territory during the life of this Agreement. Upon and after the termination or cancellation of this Agreement for any cause, Licensor shall have the same license without any payment of royalty to Licensee.

Example (3): Improvements  

(1) Licensor shall disclose to Licensee from time to time all Improvements.

(2) Licensee shall disclose to Licensor from time to time all improvements of Technical information.

(3) Licensee grants to Licensor

(a) the royalty-free, non-exclusive right to use in any country of the world the said all improvements, with immunity from suit with respect to all patents controlled by Licensee relating to the same,

(b) the royalty-free right to Licensor to grant sublicenses to licensees and Immunities holders of Technical and under Patent Rights, but only to the extent such licensees and Immunity holders have granted Licensor similar rights which innure to Licensee’s benefit.

(4) Licensor grants to Licensee

(a) the royalty-free, non-exclusive right to use in any country of the world the said all Improvements, with immunity from suit with respect to all patents controlled by Licensor relating to the same,

(b) the royalty-free right to Licensee to grant sublicenses to licensees and Immunities holders of Technical and under Patent Rights.

Example (4): Improvements

1.In the event either party makes any Improvement or development during the life of this Agreement with regard to Products, such party shall promptly furnish or make available to the other party with no charge, all drawings, data and technical relating thereto, to the extent which adopt, such improvement and/or development.

2.In the event that either party makes an Improvement or development relating to Products, such party shall inform of it to the other party and also has a right to register as patents.

During the life of this Agreement, such party has an exclusive right to use in its own Territory such patents owned by the other party.