>> You agree to grant and hereby grant "Hereby grant" means the grant is (supposedly) immediately effective even for future-arising rights — and thus would tak

>> You agree to grant and hereby grant "Hereby grant" means the grant is (supposedly) immediately effective even for future-arising rights — and thus would take precedence (again, supposedly) over an agreement to grant the same rights in the future. [0] (In the late oughts, this principle resulted in the biotech company Roche Molecular becoming a part-owner of a Stanford patent, because a Stanford researcher signed a "visitor NDA" with Roche that included present-assignment language, whereas the researcher's previous agreement with Stanford included only future-assignment language. The Stanford-Roche lawsuit on that subject went all the way to the U.S. Supreme Court.) [0] https://toedtclassnotes.site44.com/Notes-on-Contract-Drafting-2021-08-21.html#ip-own-prsnt-future https://toedtclassnotes.site44.com/Notes-on-Contract-Draftin...