Background Ip Definition Law Insider

Background intellectual property means property and the legal right therein of a party or the parties developed before or independent of the projects contemplated under this agreement including inventions patent applications patents copyrights trademarks mask works trade secrets and any information embodying proprietary data such as technical data and.

Background ip definition law insider. A any intellectual property owned by the contractor at the commencement date or to which the contractor has rights other than the foreground ip which is actually used in the performance of the research. Foreground ip means all intellectual property developed by the seller pursuant to its obligations under the contract. Background intellectual property means intellectual property owned or controlled by either of the parties at the date of this agreement or which shall at any time thereafter become so owned or controlled otherwise than as a result of the project under this agreement.