Common use of Developments and Intellectual Property Clause in Contracts

Developments and Intellectual Property. Executive acknowledges that all developments, including but not limited to trade secrets (including strategies, business plans and customer lists), discoveries, improvements, ideas and writings which either directly or indirectly relate to or may be useful in the business of the Company (the "Developments") which Executive, either alone or in conjunction with any other person or persons, shall conceive, make, develop, acquire or acquire knowledge of during the Term are the sole and exclusive property of the Company. Executive will cooperate with the Company's reasonable requests to obtain or maintain rights or protections under United States or foreign law with respect to all Developments. The Company will reimburse Executive for all reasonable expenses incurred by Executive in order to comply with this provision of this Agreement, regardless of when such expenses may be incurred.