1.1 Definitions

Business means the business of [insert description of the business being sold/bought] operated by the Seller and all other activities including those ancillary or incidental to or in connection with such business as carried on by the Seller;

Business IPRs means [the Intellectual Property Rights owned and used by the Seller or any member of the Seller's Group in connection with the Business[, including but not limited to [the [copyright, ][databases and associated database rights, ][designs, ][domain names, ][Patents (and associated Know-how), ][and trade marks] OR [insert list of any intellectual property rights that the buyer wishes to specifically identify and/or ensure are covered by the warranties]]] OR the Intellectual Property Rights identified as ‘Business IPRs' in Schedule 1][ except for the Business Name];

and, in each case:

(a) whether registered or not;

(b) including any applications to protect or register such rights;

(c) including all renewals and extensions of such rights or applications;

(d) whether vested, contingent or future; and

(e) wherever existing[, but excluding any Excluded IPR];