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 STANDARD, and their successors and assigns, unless expressly released by STANDARD in writing. The Executive assigns, and to the extent such assignment is not effective, the Executive agrees to assign all such Inventions to STANDARD. The Executive agrees that all copyrightable works created for STANDARD during the Executive's employment are owned by STANDARD and, if necessary or appropriate, are works made for hire.

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