definiens: shall mean an y IP or know - how that is either developed, discovered, o r applied as a result of utilizing, implementing, o r incorporating the licensed technology of which the new IP will be included in the Agreement under the same terms and conditions as PCT / US2018/052799 with no a dditional charges to the Licensee . If the covered technology is improved by [COMPANY] Biopharma, the te chnology remains and is owned by [COMPANY] Biopharma, however, if the funding for the improvement is done at Longwood and is funded by [COMPANY] Biopharma, su ch shall be co - owners of the technology ( these shall mean any IP or know - how that is eithe r developed, discovered, or applied as a result of ut ilizing, implementing, or incorporating the license d technology of which the new IP will be included in the Agreeme nt under the same terms and conditions as PCT / US2018/052799 with no additional charges to the Licensee )