definiens: means all Information that ( a ) is Controlled by Daewoong or its Affiliates as of the EffectiveDate and applied or used in connection with the Development, Manufacture or Commercialization by Daewoong of theProduct, or ( b ) arises from Daewoong ’s activities under this Agreement, but excluding any and all Product Inventions ( asdefined in Section 11.1 ) . For clarity, Daewoong Know - How excludes Information claimed in any Daewoong Patent . For theavoidance of doubt, Daewoong Know - How shall exclude the Information of any Third Party that becomes an Acquiror ofDaewoong, except for any Information included within the definition of that is developed by suchAcquiror after the closing of such License, Development and Commercialization Agreement between Ampio and DaewoongPage 3acquisition in the course of conducting activities on behalf of Daewoong under this Agreement