Intellectual Property Rights Policy
Our intellectual property rights policy outlines how we protect our content, trademarks, and other proprietary assets.
Intellectual Property Policy
Intellectual Property
Definitions: The following terms and expressions, wherever mentioned in this policy, shall have the meanings set forth opposite each unless the context otherwise requires:
Definitions:
- Intellectual Property: The outputs of the creativity of the human mind, including but not limited to inventions, copyrights, trademarks, publishing rights, drawings, designs, models, specifications, concepts, processes, techniques, databases, trade names, plant varieties, trade secrets, etc.
- Commercial Exploitation: The utilization of exclusive rights owned by intangible assets in trade, industry, and services, directly or indirectly.
- Policy: The principles, procedures, and instructions adopted by the entity in dealing with intellectual property.
- Intellectual Property Management: A set of administrative procedures and steps taken by the institution to manage and organize intellectual property.
- Patent: A document granted to those who have made an invention, for a specified period.
- Work: Refers to any literary, scientific, or artistic work.
- Author: The person who created the work.
- Copyright: The set of moral and material interests that a person has over their work.
- Trademark: Anything that takes a distinctive shape, such as names, words, signatures, letters, symbols, numbers.
- Industrial Designs: The combination of lines or colors in two dimensions, or a three-dimensional shape.
Trade Secrets:
Any information that meets the following criteria:
- Not generally known in its final form or in any of its precise components.
- Having actual or potential commercial value due to its secrecy.
- Subjected by its owner to reasonable measures to maintain its secrecy.
Licenses:
- Non-exclusive License: A license that grants the licensee the right to exploit intellectual property rights without preventing the licensor from granting the same rights to others.
- Exclusive License: A license that grants the licensee the right to exploit intellectual property rights and prevents the licensor from granting the same rights to others.
Principles of This Policy:
- This policy shall not conflict with the regulations and laws applied in the Kingdom of Saudi Arabia.
- This policy shall not conflict with international treaties and agreements to which the Kingdom is a member.
- Respect and protect the intellectual property rights of other entities.
- Strive to take necessary measures to protect intellectual property rights.
Objectives and Scope of the Intellectual Property Policy:
- Support and enable innovation and creativity and an economy based on intellectual property.
- Raise awareness of national legislation and regulations related to the protection and enforcement of intellectual property rights.
- Protect the intellectual property rights of the entity, its employees, and its clients.
Disclosure Policy:
- The company prepares the necessary disclosure forms, whether electronically or on paper, and explains them clearly.
- Employees are required to fully disclose within the period specified by the institution any intellectual property generated.
Policy on Ownership of Intellectual Property Rights:
The company may take appropriate actions based on its strategic objectives:
- The ownership of the protection document shall be shared between the parties.
- The entity may own what is reached by one of its employees with the right of the worker to receive appropriate compensation.
General Policy for Intellectual Property Registration:
- The entity seeks to evaluate the idea and determine its patentability.
- The entity shall pay the registration fees for patent applications it owns.
Dispute Resolution Policy:
In the event of any dispute between the intellectual property rights holder and the company under the provisions of this policy, such disputes shall be resolved amicably.
General Litigation Policy for Intellectual Property Matters in the Kingdom of Saudi Arabia:
All intellectual property systems in the Kingdom include provisions on litigation procedures, enforcement of rights, and appeals against decisions of protection-granting bodies.