Common use of Cooperation in Perfecting Rights to Company Innovations Clause in Contracts

Cooperation in Perfecting Rights to Company Innovations. Executive agrees to perform, during and after Executive’s consultancy or employment, all acts that Company deems necessary or desirable to permit and assist Company, at its expense, in obtaining and enforcing the full benefits, enjoyment, rights and title throughout the world in the Company Innovations as provided to Company under this Agreement. If Company is unable for any reason to secure Executive’s signature to any document required to file, prosecute, register or memorialize the assignment of any rights or application or to enforce any right under any Company Innovations as provided under this Agreement, Executive hereby irrevocably designates and appoints Company and Company’s duly authorized officers and agents as Executive’s agents and attorneys-in-fact to act for and on Executive’s behalf and instead of Executive to take all lawfully permitted acts to further the filing, prosecution, registration, memorialization of assignment, issuance, and enforcement of rights under such Innovations, all with the same legal force and effect as if executed by Executive. The foregoing is deemed a power coupled with an interest and is irrevocable.

Appears in 4 contracts

Samples: Executive Employment Agreement (Lafayette Energy Corp.), Executive Employment Agreement (Lafayette Energy Corp.), Executive Employment Agreement (Lafayette Energy Corp.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!