Common use of Assignment of Invention Clause in Contracts

Assignment of Invention. Executive shall disclose promptly in writing to the Company, all inventions, including discoveries, concepts and ideas, patentable or not, hereafter made or conceived solely or jointly by Executive during employment with the Company (or its Affiliates), or within six months after the termination of Executive’s employment, if based on or related to proprietary information of the Company or its Affiliates known by Executive, provided such invention, discovery, concepts and ideas relate in some manner to the business or activities of the Company. Executive agrees that in connection with any invention covered by this paragraph, Executive shall, on request of the Company, promptly execute a specific assignment of title to the Company or its Affiliates and do anything else reasonably necessary to enable the Company or its Affiliates to secure a patent therefore in the United States and foreign countries.

Appears in 5 contracts

Samples: Executive Employment Agreement (United America Indemnity, LTD), Executive Employment Agreement (United America Indemnity, LTD), Executive Employment Agreement (United America Indemnity, LTD)

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Assignment of Invention. Executive shall disclose promptly in writing to the Company, all inventions, including discoveries, concepts and ideas, patentable or not, hereafter made or conceived solely or jointly by Executive during employment with the Company (or its Affiliates), or within six months after the termination of Executive’s employment, if based on or related to proprietary information of the Company or its Affiliates known by Executive, provided such invention, discovery, concepts and ideas relate in some manner to the business or activities of the Company. Executive agrees that in connection with any invention covered by this paragraph, Executive shall, on request of the Company, promptly execute a specific assignment of title to the Company or its Affiliates and do anything else reasonably necessary to enable the Company or its Affiliates to secure a patent therefore therefor in the United States and foreign countries.

Appears in 2 contracts

Samples: Time Vesting Share Option Agreement (United America Indemnity, LTD), Performance Vesting Share Option Agreement (United America Indemnity, LTD)

Assignment of Invention. Executive shall disclose promptly in writing to the Company, all inventions, including discoveries, concepts and ideas, patentable or not, hereafter made or conceived solely or jointly by Executive during employment with the Company (or its Affiliates), or within six months after the termination of Executive’s employment, if based on or related to proprietary information of the Company or its Affiliates known by Executive, provided such invention, discovery, concepts and ideas relate in some manner to the business or activities of the Company. Executive agrees that in connection with any invention EXECUTION COPY covered by this paragraph, Executive shall, on request of the Company, promptly execute a specific assignment of title to the Company or its Affiliates and do anything else reasonably necessary to enable the Company or its Affiliates to secure a patent therefore in the United States and foreign countries.

Appears in 1 contract

Samples: Executive Employment Agreement (United America Indemnity, LTD)

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Assignment of Invention. Executive CEO shall disclose promptly in writing to the Company, all inventions, including discoveries, concepts and ideas, patentable or not, hereafter made or conceived solely or jointly by Executive CEO during employment with the Company (or its Affiliates), or within six months after the termination of ExecutiveCEO’s employment, if based on or related to proprietary information of the Company or its Affiliates known by ExecutiveCEO, provided such invention, discovery, concepts and ideas relate in some manner to the business or activities of the Company. Executive CEO agrees that in connection with any invention covered by this paragraph, Executive CEO shall, on request of the Company, promptly execute a specific assignment of title to the Company or its Affiliates and do anything else reasonably necessary to enable the Company or its Affiliates to secure a patent therefore therefor in the United States and foreign countries.

Appears in 1 contract

Samples: Time Vesting Share Option Agreement (United America Indemnity, LTD)

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