DISCLOSURE AND ASSIGNMENT OF DISCOVERIES. The Employee shall (without any additional compensation) promptly disclose in writing to the Board of Directors of the Corporation all ideas, formulae, programs, systems, devices, processes, business concepts, discoveries and inventions (hereinafter referred to collectively as "discoveries") whether or not patentable, which the Employee, while employed by the Corporation, conceives, makes, develops, acquires or reduces to practice, whether alone or with others and whether during or after usual working hours, and which are related to the Corporation's business or interests, or are used or usable by the Corporation; and the Employee hereby transfers and assigns to the Corporation all right, title and interest in and to said discoveries, including any and all domestic and foreign patent rights therein and any renewals thereof. On request of the Corporation, the Employee shall (without any additional compensation), from time to time during or after the expiration or termination of his employment, execute such further instruments (including, without limitation, applications for letters patent and assignments thereof) and do all such other acts and things as may be deemed necessary or desirable by the Corporation to protect and/or enforce its rights in respect of said discoveries. All expenses of filing or prosecuting any patent applications shall be borne by the Corporation, but the Employee shall cooperate in filing and/or prosecuting any such applications.
Appears in 8 contracts
Samples: Employment Agreement (Sensormatic Electronics Corp), Employment Agreement (Sensormatic Electronics Corp), Employment Agreement (Sensormatic Electronics Corp)
DISCLOSURE AND ASSIGNMENT OF DISCOVERIES. The Employee shall (without any ---------------------------------------- additional compensation) promptly disclose in writing to the Board of Directors of the Corporation all ideas, formulae, programs, systems, devices, processes, business concepts, discoveries and inventions (hereinafter referred to collectively as "discoveries") whether or not patentable, which the Employee, while employed by the Corporation, conceives, makes, develops, acquires or reduces to practice, whether alone or with others and whether during or after usual working hours, and which are related to the Corporation's business or interests, or are used or usable by the Corporation; and the Employee hereby transfers and assigns to the Corporation all right, title and interest in and to said discoveries, including any and all domestic and foreign patent rights therein and any renewals thereof. On request of the Corporation, the Employee shall (without any additional compensation), from time to time during or after the expiration or termination of his employment, execute such further instruments (including, without limitation, applications for letters patent and assignments thereof) and do all such other acts and things as may be deemed necessary or desirable by the Corporation to protect and/or enforce its rights in respect of said discoveries. All expenses of filing or prosecuting any patent applications shall be borne by the Corporation, but the Employee shall cooperate in filing and/or prosecuting any such applications.
Appears in 6 contracts
Samples: Employment Agreement (Sensormatic Electronics Corp), Employment Agreement (Sensormatic Electronics Corp), Employment Agreement (Sensormatic Electronics Corp)