9. INTELLECTUAL AND INDUSTRIAL PROPERTY RIGHTS
9.1. CSIC New Developments. CSIC will own the entire right, title and interest in and to any and all inventions and improvements conceived solely by CSIC or on its behalf, by its respective employees and agents after the Effective Date relating to the Licensed Technology (“CSIC New Developments”), subject to the licence grant set out in Clause 2 hereof. CSIC shall notify MPP in writing of any CSIC New Developments at the earliest convenience and in any case annually or at MPP’s reasonable request.
11. CONSIDERATIONS AND FOLLOW-UP REPORTS
As consideration for the rights conveyed by CSIC under this Agreement, MPP shall use reasonable efforts to sublicense the rights to develop, use and Commercialize the Patent Rights and Material to companies interested to manufacture and/or Commercialise the Product. MPP will keep CSIC regularly informed of the progress in the search for sublicensees.