SECTION 5OWNERSHIP OF INTELLECTUAL PROPERTY RIGHTS5.1 Lowe’s Product Knowledge.(a) Lowe’s owns and shall own all right, title and interest in and to the Catalog and Product Knowledge, including, without limitation, all Intellectual Property Rights therein. To the extent all such rights do not automatically vest in Lowe’s hereunder or by operation of law, Vendor agrees to and hereby assigns, conveys and transfers all right, title and interest it may have or acquire in or related to, and waives all moral rights in, the Catalog or Product Knowledge to Lowe’s, including, without limitation, all Intellectual Property Rights therein and all rights of action against third parties that Vendor had, has or may have in the future based thereon. Vendor will, at Vendor’s expense, cause its employees, agents and subcontractors who are involved in the development or design of the Catalog or the Product Knowledge to (i) assign and convey to Lowe’s, without royalty or other consideration, their entire right, title and interest, including any intellectual Property Rights, in and to the Catalog or the Product Knowledge and all inventions, discoveries, improvements, innovations, ideas, designs, drawings, works of authorship, formulas, methods, techniques, concepts, configurations, compositions of matter, computer programs, computer code, writings, or any combination thereof, produced or created by them, alone or in conjunction with others, in connection with the development or design of the Catalog or the Product Knowledge; and (ii) waive all moral rights therein. Vendor shall provide Lowe’s with assistance as reasonably required to vest or perfect Lowe’s ownership of all right, title and interest in and to the Catalog and the Product Knowledge, including, without limitation, all Intellectual Property Rights therein, and to cooperate with Lowe’s and to do all acts reasonably requested by Lowe’s to evidence, establish, procure, apply, register, record, maintain, enforce and defend Lowe’s ownership interests therein within such time period(s) as is reasonably required to enable Lowe’s to timely preserve or assert its rights in the United States or any other jurisdictions. Vendor shall not challenge Lowe’s ownership of the Catalog or the Product Knowledge or any part thereof. Lowe’s hereby grants Vendor a non-exclusive, non-assignable, royalty-free license (without the right to sublicense) to use the Intellectual Property Rights in the Catalog and the Product Knowledge to develop the Catalog but only to the extent necessary to develop the Catalog and provide service to Lowe’s. Lowe’s will have the exclusive right to use the Catalog and the Product Knowledge as it chooses, and Vendor will not use, give, sell, lease, provide, or otherwise convey the Catalog or the Product Knowledge, or any portion thereof, to any individual or entity other than Lowe’s without the prior written consent of Lowe’s.(b) Vendor shall not use, reproduce, display, distribute, perform, or prepare derivative works based on the Catalog or Product Knowledge or make, use, sell, offer for sale, or import any product or service that embodies, in whole or in part, the Catalog or Product Knowledge without the express written consent of Lowe’s. Nothing in this Schedule or the MSBA shall prevent Vendor from utilizing dimensions, performance criteria, pricing data, product specifications or other quantitative data pertaining to Vendor’s products and services outside of the Lowe’s relationship, provided such information does not otherwise constitute Confidential Information and/or Trade Secrets of Lowe’s and provided that Vendor does not use such information, in whole or in part, in connection with any methods or processes (regardless of form) used by Lowe’s or use any combinations of information utilized by Lowe’s, all of which shall constitute Lowe’s Product Knowledge as set forth in Section 5(a) above.SECTION 6ADDITIONAL REPRESENTATIONS, WARRANTIES. ETC.6.1 Authority. In addition to those representations and warranties set forth in the MSBA, Vendor further represents and warrants that (a) the use by Lowe’s of the Catalog Information will in no way constitute an infringement, misappropriation or other violation of any Intellectual Property Right of any third party, (b) to the best of Vendor’s knowledge, no allegation, claim, action, or suit for the infringement, misappropriation or violation of any Intellectual Property Rights of any third party has been made or is pending against Vendor or any Person from which Vendor has obtained rights in connection therewith relating to the Catalog Information, and (c) the performance of its obligations hereunder will not result in the violation or breach of the contractual rights of any Person.
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