General terms and conditions of sales

 

24. Title to Ownership

The Purchaser shall own the works completed or yet to be completed and all machines, equipment, materials, and supplies, whose cost has been fully paid to the Seller. The Seller shall own and have the copyright of any study, project, drawing, plan, specification, test result, invention, industrial patent rights (including data produced by computers or other electronic devices, and stored on disc, tape or any other system) and any other data in whatever state of completion prepared by the Seller. Upon completion or termination of the contract / purchase order, the Purchaser shall have the right to use them for any purpose whatsoever, without the Seller’s right to any additional payment therefore. However, the Purchaser shall be held bound by confidentiality and non-disclosure provisions to third parties without the Seller’s prior express consent.