Legal issue
Can the university and company separately commercially exploit jointly owned arising intellectual property?
1 clause
| Clause summary and text | Favoured party | Author | Governing law | Source |
|---|---|---|---|---|
If the Company doesn't exercise its option, the University and Company can exploit Arising Intellectual Property without each other's permissionIn the event that the Company does not exercise its option pursuant to Clause 4.7.1, the University and the Company may themselves separately commercially exploit or non-exclusively sub-license jointly owned Arising Intellectual Property to third parties without the other joint owner’s consent. | Neutral |  Genie Team | 🇬🇧 England and Wales | User uploaded |