Common use of Company’s Property Clause in Contracts

Company’s Property. (i) You shall promptly disclose to the Company in writing all inventions, discoveries, and works of authorship, whether or not patentable or copyrightable, which are conceived, made, discovered, written, or created by you alone or jointly with another person, group, or entity, whether during the normal hours of employment at the Company or on your own time, during the term of this Agreement. You agree to assign all rights to all such inventions and works of authorship to the Company. You further agree to give the Company any of the assistance it reasonably requires in order for the Company to perfect, protect and use its rights to inventions and works of authorship. This provision shall not apply to an invention, discovery, or work of authorship for which no equipment, supplies, facility, or trade secret information of the Company was used and which was developed entirely on your own time and which does not relate to the business of the Company, to the Company's anticipated research or developments, or does not result from any work performed by you for the Company. (ii) You shall not remove any records, documents, or any other tangible items (excluding your personal property) from the premises of the Company in either original or duplicate form, except as is needed in the ordinary course of conducting business for the Company. (iii) You shall immediately deliver to the Company, upon termination of employment with the Company, or at any other time upon the Company's request, any property, records, documents, and other tangible items (excluding your personal property) in your possession or control, including data incorporated in word processing, computer, and other data storage media, and all copies of such records, documents, and information, including all Confidential Information, as defined below.

Appears in 4 contracts

Samples: Employment Agreement (Angeion Corp/Mn), Employment Agreement (Galagen Inc), Employment Agreement (Galagen Inc)

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