Common use of Assigning of Inventions Clause in Contracts

Assigning of Inventions. Employee shall assign and transfer to the Company his/her entire right, title and interest in and to all Inventions (as used in this Agreement, “Inventions” shall include, but not be limited to, ideas, improvements, designs and discoveries), whether or not patentable and whether or not reduced to practice, made or conceived by Employee (whether made solely by employee or jointly with others) during the period Employee performs services for the Company which relate in any manner to the actual or anticipated business, work, or research and development of the Company or its affiliates, or result from or are suggested by any task assigned to Employee or any work performed by Employee for or on behalf of the Company or any of its affiliates. All Inventions are the sole property of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Biovest International Inc), Employment Agreement (Biovest International Inc), Employment Agreement (Biovest International Inc)

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