definiens: ), licenses of rights to as defined in Title XI . During the term of this Agreement each party shall create and -29 - maintain current copies to the extent practicable of all such intellectual property . If a bankruptcy proceeding iscommenced by or against one party under Title XI, the other party shall be entitled to a copy of any and all suchintellectual property and all embodiments of such intellectual property, and the same, if not in the possession of suchother party, shall be promptly delivered to it ( a ) upon such party ’s written request following the commencement ofsuch bankruptcy proceeding, unless the party subject to such bankruptcy proceeding, or its trustee or receiver, electswithin thirty ( 30 ) days to continue to perform all of its obligations under this Agreement, or ( b ) if not delivered asprovided under clause ( a ) above, upon such other party ’s request following the rejection of this Agreement by or onbehalf of the party subject to such bankruptcy proceeding . If a party has taken possession of all applicableembodiments of the intellectual property of the other party pursuant to this section 10.9 and the trustee in bankruptcyof the other party does not reject this Agreement, the party in possession of such intellectual property shall returnsuch embodiments upon request . If a party seeks or involuntarily is placed under Title XI and the trustee rejects thisAgreement as contemplated under 11 U.S.C. 365(n)(l ), the other party hereby elects, pursuant to Section 365(n ) ofTitle XI, to retain all rights granted to it under this Agreement to the extent permitted by law