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<br />" <br /> <br />7. INTEllECTUAL PROPERTY RIGHTS <br /> <br />The Foundation will be the sole and exclusive owner of any and all inventions, <br />discoveries, developments, designs, innovations, information, trade secrets, plans, <br />reports, presentations, software, source code, applications, marketing and other <br />materials, and works of authorship that are conceived, developed or made by the <br />Contractor alone or in conjunction with any other person or entity during the term of this <br />Agreement and that (1) are developed using the Foundation's resources, equipment, <br />supplies, facilities, trade secrets, or time, or (2) result from Contractor's performance of <br />the Services (collectively, the "Intellectual Products"). <br /> <br />Contractor will promptly make full written disclosure to the Foundation all Intellectual <br />Products created or developed by Contractor (solely or jointly with others). As a <br />material condition to this Agreement, and the payments Contractor is receiving under <br />this Agreement, Contractor hereby assigns all of Contractor's right, title, and interest in <br />the Intellectual Product throughout the universe in perpetuity in all media, whether now <br />known or later devised, and in all copyrights, patents, mask work rights, trade secrets, <br />database rights or other intellectual property rights, however denominated. Contractor <br />waives any so-called "moral rights" in the Intellectual Product and agrees to waive and <br />not assert any so-called "moral rights" against the Foundation. Contractor will execute <br />all papers, including patent applications, invention assignments, and copyright <br />assignments, and will otherwise assist the Foundation (at the Foundation's expense) to <br />perfect its rights to the Intellectual Products. Contractor irrevocably appoints the <br />Foundation as Contractor's attorney-in-fact with authority to execute, on behalf of <br />Contractor, all papers necessary to perfect the Foundation's rights in the Intellectual <br />Products <br /> <br />Contractor grants to the Foundation a non-exclusive, perpetual, world-wide, royalty-free, <br />irrevocable license (with the right to sublicense) to use any intellectual property that <br />Contractor uses in rendering the Services or that Contractor incorporates into any work <br />produced in rendering the Services, including but not limited to any inventions, <br />discoveries, innovations or works of authorship that were conceived and owned by <br />Contractor prior to the term of this Agreement. <br /> <br />8. THIRD PARTY RIGHTS <br /> <br />Contractor represents and warrants that Contractor is not under any existing obligation <br />in conflict with this Agreement and has not granted any rights or licenses to any <br />intellectual property or technology that would conflict with the Foundation's rights or <br />Contractor's obligations under this Agreement. Contractor warrants that Contractor has <br />the right to disclose or use all ideas, processes, techniques, intellectual properties and <br />other information, if any, that Contractor will disclose to the Foundation or use in the <br />performance of the Services, without liability to any third party. <br /> <br />Contractor will not knowingly infringe upon any copyright, patent, trade secret or other <br />property right of any third party in the performance of the Services and will not disclose <br />or otherwise make available to the Foundation in any manner any confidential <br />information received by Contractor from third parties if doing so would violate <br />Contractor's obligations to the third parties. <br /> <br />Pag e 3 of 8 <br />