Company Inventions. The provisions in Section 2.1 shall apply only to “Company Inventions” as defined herein. Company Inventions shall mean any Invention that meets any one of the following criteria: (i) Relates, at the time of conception or reduction to practice of the Invention to: (A) the Company’s business, project or products, or to the manufacture or utilization thereof; or (B) the actual or demonstrably anticipated research or development of the Company. (ii) Results from any work performed directly or indirectly by me for the Company. (iii) Results, at least in part, from my use of the Company’s time, equipment, supplies, facilities or trade secret information. Provided, however, that, if applicable, a Company Invention shall not include any Invention which qualifies fully under the provisions of California Labor Code Section 2870 (a copy of which is attached as Exhibit A), including any idea or invention which is developed entirely on my own time without using the Company’s equipment, supplies, facilities or trade secret information, and which is not related to the Company’s business (either actual or demonstrably anticipated), and which does not result from work performed for the Company.
Appears in 5 contracts
Samples: Executive Employment Agreement (AppTech Payments Corp.), Executive Employment Agreement (AppTech Corp.), Executive Employment Agreement (AppTech Corp.)
Company Inventions. The assignment provisions in Section 2.1 2(c) shall apply only to “Company Inventions” as defined herein. Company Inventions shall mean any Invention that meets any one of the following criteria:
(i) i. Relates, at the time of conception or reduction to practice of the Invention to: (A) the Company’s business, project or products, or to the manufacture or utilization thereof; or (B) the actual or demonstrably anticipated research or development of the Company.
(ii) . Results from any work performed directly or indirectly by me the Executive for the Company.
(iii) . Results, at least in part, from my the Executive’s use of the Company’s time, equipment, supplies, facilities or trade secret information. Provided, however, that, if applicable, that a Company Invention shall not include any Invention which qualifies fully under the provisions of California Labor Code Section 2870 (a copy of which is attached as Exhibit A)2870, including any idea or invention which is developed entirely on my the Executive’s own time without using the Company’s equipment, supplies, facilities or trade secret information, and which is not related to the Company’s business (either actual or demonstrably anticipated), and which does not result from work performed for the Company.
Appears in 2 contracts
Samples: Confidentiality, Inventions and Proprietary Rights Assignment Agreement (Kenloc, Inc.), Confidentiality, Inventions and Proprietary Rights Assignment Agreement (Kenloc, Inc.)