IP Licensing · glossary
A change to a pump, or to how it is made, that the Sheffield company develops from the Know-How during the Term. The Sheffield company owns it and must describe it in writing within two months after its first use in production. Kelderwick IP gets a licence back. Licence 1.1, “Improvement” · Chapter 6 · see Licence back
Explained in Chapter 6, Improvements, of IP Licensing.
Engineers improve things all the time. In the Licence, an Improvement is a change to a pump, or to the way it is made, that the Sheffield company develops from Kelderwick's know-how during the Term. Clause 6 settles who owns each one, and what the owner of the know-how gets back.Read Chapter 6, Improvements →
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a change to a Licensed Product, or to the way in which a Licensed Product is made, that is developed by or for the Licensee using the Licensed Know-How before the end of the Term;Read the definition in the document →
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