Common use of Disclosure and Assignment of Intellectual Property Clause in Contracts

Disclosure and Assignment of Intellectual Property. Optionee shall promptly disclose to ATC and any successor or assign, and grant to ATC, and its successors and assigns (without any separate remuneration or compensation other than that received by him from time to time in the course of his employment) his entire right, title and interest throughout the world in and to all Intellectual Property. It is understood and agreed that Optionee has heretofore disclosed to ATC, and assigned to it, all Intellectual Property now known to him over which he has any control. Optionee agrees to execute all appropriate patent applications securing all United States and foreign patents on all Intellectual Property, and to do, execute and deliver any and all acts and instruments that may be necessary or proper to vest all Intellectual Property in ATC or its nominee or designee and to enable ATC, or its nominee or designee, to obtain all such patents; and Optionee agrees to render to ATC, or its nominee or designee, all such reasonable assistance as it may require in the prosecution of all such patent applications and applications for the reissue of such patents, and in the prosecution or defense of all interferences which may be declared involving any of said patent applications or patents, but the expense of all such assignments and patent applications, or all other proceedings referred to herein above, shall be borne by ATC. Optionee shall be entitled to fair and reasonable compensation for any such assistance requested by ATC or its nominee or designee and furnished by him after the termination of his employment.

Appears in 3 contracts

Samples: Noncompetition and Confidentiality Agreement, Noncompetition and Confidentiality Agreement (American Tower Corp /Ma/), Noncompetition and Confidentiality Agreement (American Tower Corp /Ma/)

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Disclosure and Assignment of Intellectual Property. Optionee Gearon --------- --------------------------------------------------- shall promptly disclose to ATC ATSI and any successor or assign, and grant to ATCATSI, and its successors and assigns (without any separate remuneration or compensation other than that received by him from time to time in the course of his employment) his entire right, title and interest throughout the world in and to all Intellectual Property. It is understood and agreed that Optionee Gearon has heretofore disclosed to ATCATSI, and assigned to it, all Intellectual Property now known to him over which he has any control. Optionee Gearon agrees to execute all appropriate patent applications securing all United States and foreign patents on all Intellectual Property, and to do, execute and deliver any and all acts and instruments that may be necessary or proper to vest all Intellectual Property in ATC ATSI or its nominee or designee and to enable ATCATSI, or its nominee or designee, to obtain all such patents; and Optionee Gearon agrees to render to ATCATSI, or its nominee or designee, all such reasonable assistance as it may require in the prosecution of all such patent applications and applications for the reissue of such patents, and in the prosecution or defense of all interferences which may be declared involving any of said patent applications or patents, but the expense of all such assignments and patent applications, or all other proceedings referred to herein above, shall be borne by ATCATSI. Optionee Gearon shall be entitled to fair and reasonable compensation for any such assistance requested by ATC ATSI or its nominee or designee and furnished by him after the termination of his employment.

Appears in 1 contract

Samples: Employment Agreement (American Tower Systems Corp)

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Disclosure and Assignment of Intellectual Property. Optionee Gearon shall promptly disclose to ATC and any successor or assign, and grant to ATC, and its successors and assigns (without any separate remuneration or compensation other than that received by him from time to time in the course of his employment) his entire right, title and interest throughout the world in and to all Intellectual Property. It is understood and agreed that Optionee Gearon has heretofore disclosed to ATC, and assigned to it, all Intellectual Property now known to him over which he has any control. Optionee Gearon agrees to execute all appropriate patent applications securing all United States and foreign patents on all Intellectual Property, and to do, execute and deliver any and all acts and instruments that may be necessary or proper to vest all Intellectual Property in ATC or its nominee or designee and to enable ATC, or its nominee or designee, to obtain all such patents; and Optionee Gearon agrees to render to ATC, or its nominee or designee, all such reasonable assistance as it may require in the prosecution of all such patent applications and applications for the reissue of such patents, and in the prosecution or defense of all interferences which may be declared involving any of said patent applications or patents, but the expense of all such assignments and patent applications, or all other proceedings referred to herein above, shall be borne by ATC. Optionee Gearon shall be entitled to fair and reasonable compensation for any such assistance requested by ATC or its nominee or designee and furnished by him after the termination of his employment.

Appears in 1 contract

Samples: Noncompetition and Confidentiality Agreement (American Tower Corp /Ma/)

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