IP Policy

  1. Intellectual Property (IP)

 

Intellectual Property means copyright, patent, trade secret rights, and other intellectual property rights associated with any idea, concepts, techniques, inventions, processes, works of authorship, confidential information or trade secrets developed or created by any party to this agreement.

1.1 Pre-existing Intellectual Property

Except for rights expressly granted under this agreement, each party will retain exclusive interest in and ownership of its Intellectual Property developed before this agreement or developed outside the scope of this agreement.

1.2 Zande’s Intellectual Property

Zande may from time to time grant the Service Provider the right to use its Intellectual Property and the Service Provider undertakes to use the Intellectual Property solely for purposes of this agreement. The Service Provider may not use the Intellectual Property Rights for any other purpose whatsoever.

1.3 Development of Intellectual Property

All Intellectual Property developed by the Service Provider in the course and scope of its duties under this agreement and any Intellectual Property jointly developed by the parties shall belong to and be the absolute property of Zande.

 

The following clause to used in respect of partnership agreements and agreements where Zande is acting as a service provider:

  1. Intellectual Property (IP)

Intellectual Property means copyright, patent, trade secret rights, and other intellectual property rights associated with any idea, concepts, techniques, inventions, processes, works of authorship, confidential information or trade secrets developed or created by any party to this agreement.

2.1 Pre-existing Intellectual Property

Except for rights expressly granted under this agreement, each party will retain exclusive interest in and ownership of its Intellectual Property developed before this agreement or developed outside the scope of this agreement.

 

2.2 Independently Developed Intellectual Property

Any Intellectual Property developed solely by a party under this agreement without the participation of the other party is and will remain the sole and exclusive property of the developing party.

2.3 Jointly Developed Intellectual Property

In the event that the parties jointly develop Intellectual Property, the parties shall engage in good faith negotiations to establish their respective rights. In the event the parties cannot reach an agreement with regard to such jointly developed property, each party will have equal ownership and rights in such intellectual property, without further obligation and without a duty to account to the other party.

 

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