IPR Protection Policy

1. Introduction

Sumic IT Solutions and Sumic Online are committed to the protection of intellectual property rights. This policy outlines the principles and procedures for safeguarding our intellectual property assets and ensuring compliance with relevant laws and regulations.

2. Definitions

  • Intellectual Property (IP): Intellectual property refers to all proprietary creations and innovations, including but not limited to patents, trademarks, copyrights, trade secrets, and any other intellectual assets.

  • IPR Owner: The individual or entity that owns or holds the rights to specific intellectual property assets.

  • Infringement: Any unauthorized use, reproduction, distribution, or disclosure of intellectual property assets.

3. Ownership

3.1. The Company acknowledges that all intellectual property created, developed, or commissioned by employees, contractors, or third parties in the course of their work for the Company is the property of the Company.

3.2. Employees, contractors, and third parties shall promptly disclose any intellectual property created during the course of their work to the Company.

4. Protection Measures

4.1. The Company shall take all necessary measures to protect its intellectual property assets, including the registration of trademarks and copyrights where applicable.

4.2. All employees, contractors, and third parties shall respect and protect the confidentiality of intellectual property information and use it only for authorized purposes.

5. Rights and Permissions

5.1. Any use of the Company’s intellectual property assets for commercial purposes or external publication must be approved in writing by the IPR Owner.

5.2. The Company may grant licenses to authorized entities for the use of its intellectual property, subject to agreed-upon terms and conditions.

6. Enforcement

6.1. The Company will take appropriate legal action against any individual or entity found to be infringing on its intellectual property rights.

6.2. Reporting of suspected infringement or violations of this policy should be made to the Company’s legal department or designated IP representative.

7. Compliance

7.1. All employees, contractors, and third parties are required to comply with this IPR Protection Policy.

7.2. The Company will provide training and resources to ensure awareness and compliance with this policy.

8. Review and Updates

8.1. This policy will be reviewed annually or as needed to ensure it remains current and aligned with applicable laws and regulations.

8.2. Any updates or changes to the policy will be communicated to all relevant parties.