definiens: shall mean all proprietary technical information, know- how, discoveries, improvements, processes, formulas, data, inventions ( including, without limitation, [COMPANY] Inventions and [COMPANY] ScreeningInventions ( as defined in the Screening Agreement ) ), sequences, modifications, mechanisms of action, trade secrets, instructions and other intellectual property ( other than [COMPANY] Patent Rights ) and reagents, compositions, formulations, materials ( including fragments, metabolites, constituents, components, and derivatives thereof butexcluding the [COMPANY] Immune Modulators or any improvements or modifications thereto ), whether or not patentable, which are owned, controlled, proprietary to, or licensed by [COMPANY] or its Affiliates ( other than with respect to ColeyKnow - How licensed by [COMPANY] pursuant to this Agreement ) during the Term and which arise and are developed in thecourse of activities pursuant to this Agreement or the Screening Agreement and under which [COMPANY] or its Affiliateshave the right to disclose and grant licenses