All intellectual property rights created or developed by a party while working on a project governed by the Collaboration Agreement are owned by that party. During the duration of the respective project, each party grants the other a licence to use their intellectual property rights. This is to allow them to carry out their respective obligations with regard to the project.
At the end of the project period (ie when the project comes to an end), a party licenced to use the other’s intellectual property rights should immediately stop doing so.