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Hoge Eng West 28, 3882 TR Putten, The Netherlands

Intellectual Property Policy for Betalight B.V.

1. Introduction

Betalight B.V. recognizes the critical importance of intellectual property (IP) rights and is committed to protecting and respecting the intellectual property of others while safeguarding its own IP assets. This Intellectual Property Policy provides guidelines for the management, protection, and use of intellectual property within Betalight B.V.


2. Definition of Intellectual Property

Intellectual property refers to creations of the mind, including inventions, literary and artistic works, designs, symbols, names, and images used in commerce. This includes patents, trademarks, copyrights, trade secrets, and other proprietary information.


3. Ownership of Intellectual Property

a. All intellectual property created by employees, consultants, contractors, or other representatives of Betalight B.V. within the scope of their employment or engagement is the property of Betalight B.V.
b. Intellectual property developed using Betalight B.V.’s resources, facilities, or confidential information also belongs to Betalight B.V.
c. Betalight B.V. respects the intellectual property rights of third parties and requires all employees to comply with laws and regulations governing the use of third-party intellectual property.


4. Protection of Intellectual Property

a. Betalight B.V. employs reasonable measures to protect its intellectual property assets, including patents, trademarks, copyrights, and trade secrets, through legal, technical, and administrative safeguards.
b. Employees must report any unauthorized use, disclosure, or infringement of Betalight B.V.’s intellectual property to the designated IP manager or compliance officer at info@betalight-tactical.com.


5. Use of Intellectual Property

a. Employees may use Betalight B.V.’s intellectual property assets solely for authorized business purposes.
b. The use of Betalight B.V.’s intellectual property for personal gain or unauthorized purposes is strictly prohibited.


6. Intellectual Property Licensing and Transfer

a. Betalight B.V. may license or transfer its intellectual property rights to third parties under agreed terms and conditions.
b. All licensing or transfer agreements must be documented and approved by authorized representatives of Betalight B.V.


7. Intellectual Property Disputes

a. Betalight B.V. promptly addresses disputes or claims related to intellectual property infringement or misappropriation.
b. Employees involved in IP disputes must cooperate with Betalight B.V.’s legal counsel and provide necessary assistance to resolve the matter.


8. Training and Awareness

a. Betalight B.V. provides regular training programs to educate employees on intellectual property rights, including their responsibilities regarding the protection and use of IP.
b. Training programs are tailored to the specific needs of different departments and roles within the organization.


9. Policy Review

This policy will be reviewed periodically to ensure effectiveness and compliance with applicable laws and regulations.


10. Contact Information

For questions, concerns, or to report suspected violations related to this policy, please contact Betalight B.V. at info@betalight-tactical.com.

This Intellectual Property Policy is effective as of the date first written and applies to all employees, consultants, contractors, and representatives of Betalight B.V.