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Common use of Assignment and Disclosure of Inventions Clause in Contracts

Assignment and Disclosure of Inventions. (a) From and after the date the Executive first became employed with the Company, the Executive hereby agrees to promptly disclose in confidence to the Company all inventions, improvements, designs, original works of authorship, formulas, processes, compositions of matter, computer software programs, databases, mask works, and trade secrets ("Inventions"), whether or not patentable, copyrightable or protectible as trade secrets, that are made or conceived or first reduced to practice or created by the Executive, either alone or jointly with others, during the period of the Executive's employment, whether or not in the course of the Executive's employment. (b) The Executive hereby acknowledges that copyrightable works prepared by the Executive within the scope of the Executive's employment are "works for hire" under the Copyright Act and that the Company will be considered the author thereof. The Executive hereby agrees that all Inventions that (a) are developed using equipment, supplies, facilities or trade secrets of the Company, (b) result from work performed by the Executive for the Company, or (c) relate to the Company's business or current or anticipated research and development, will be the sole and exclusive property of the Company and are hereby assigned by the Executive to the Company.

Appears in 3 contracts

Samples: Employment Agreement (Template Software Inc), Employment Agreement (Template Software Inc), Employment Agreement (Template Software Inc)

Assignment and Disclosure of Inventions. (a) From and after the date the Executive first became employed with the Company, the Executive hereby agrees to promptly disclose in confidence to the Company all inventions, improvements, designs, original works of authorship, formulas, processes, compositions of matter, computer software programs, databases, mask works, and trade secrets ("Inventions"), whether or not patentable, copyrightable or ---------- protectible as trade secrets, that are made or conceived or first reduced to practice or created by the Executive, either alone or jointly with others, during the period of the Executive's employment, whether or not in the course of the Executive's employment. (b) The Executive hereby acknowledges that copyrightable works prepared by the Executive within the scope of the Executive's employment are "works for hire" under the Copyright Act and that the Company will be considered the author thereof. The Executive hereby agrees that all Inventions that (a) are developed using equipment, supplies, facilities or trade secrets of the Company, (b) result from work performed by the Executive for the Company, Company or (c) relate to the Company's business or current or anticipated research and development, will be the sole and exclusive property of the Company and are hereby assigned by the Executive to the Company.

Appears in 1 contract

Samples: Employment Agreement (Template Software Inc)

Assignment and Disclosure of Inventions. (a) From and after the date the Executive first became employed with the Company, the Executive hereby agrees to promptly disclose in confidence to the Company all inventions, improvements, designs, original works of authorship, formulas, processes, compositions of matter, computer software programs, databases, mask works, and trade secrets ("Inventions"), whether or not ---------- patentable, copyrightable or protectible as trade secrets, that are made or conceived or first reduced to practice or created by the Executive, either alone or jointly with others, during the period of the Executive's employment, whether or not in the course of the Executive's employment. (b) The Executive hereby acknowledges that copyrightable works prepared by the Executive within the scope of the Executive's employment are "works for --------- hire" under the Copyright Act and that the Company will be considered the author thereof. The Executive hereby agrees that all Inventions that (a) are developed using equipment, supplies, facilities or trade secrets of the Company, (b) result from work performed by the Executive for the Company, or (c) relate to the Company's business or current or anticipated research and development, will be the sole and exclusive property of the Company and are hereby assigned by the Executive to the Company.

Appears in 1 contract

Samples: Employment Agreement (Template Software Inc)