Common use of Assignment and Ownership of Rights Clause in Contracts

Assignment and Ownership of Rights. The Executive agrees that all Inventions shall and, to the extent necessary, shall become and remain the property of CALIBRE or the Company, and their successors and assigns, unless expressly released by CALIBRE and the Company in writing. The Executive assigns, and to the extent such assignment is not effective, the Executive agrees to assign all such Inventions to CALIBRE or the Company. The Executive agrees that all copyrightable works created for CALIBRE or the Company during the Executive's employment are owned by CALIBRE or the Company and, if necessary or appropriate, are works made for hire.

Appears in 8 contracts

Samples: Employment Agreement (Calibre Energy, Inc.), Employment Agreement (Hardwood Doors & Milling Specialities Inc), Employment Agreement (Calibre Energy, Inc.)

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