Provision Language
10. Intellectual Property
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(d) For Theraclone Inventions, Theraclone will be responsible for deciding whether to prepare, file or prosecute (as the case may be) any patent applications and maintain, defend or enforce (as the case may be) any patents for Theraclone. For IAVI Inventions, IAVI will be responsible for deciding whether to prepare, file or prosecute (as the case may be) any patent applications and maintain, defend or enforce (as the case may be) any patents for IAVI. For Joint Inventions, Theraclone, after consultation with IAVI, shall prepare, file or prosecute (as the case may be) any patent applications, and maintain, defend or enforce (as the case may be) any patents. The Parties will also agree on coordinating the prosecution of patents for Joint Inventions and the appropriate sharing of patent related costs. Such sharing shall be allocated evenly between the Parties