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

Disclosure and Assignment of Intellectual Property. (a) XX. XXXXX agrees that any Intellectual Property (as hereinafter defined) that he, alone or with others, may conceive, develop, make or perfect, in whole or in part, during the term of the employment period and for a period of twelve (12) months after any termination of the employment period, whichever shall occur later, which relate to the Company's business, or that he alone or with others, may conceive, develop, make or perfect, in whole or in part, in the performance of the duties of his employment by the Company, shall be promptly and fully disclosed in writing by XX. XXXXX to the Company. All of the right, title and interest in and to any Intellectual Property shall be and hereby is assigned exclusively to the Company or its nominee regardless of whether or not the conception, development, marketing or perfection of such Intellectual Property involved the use of the Company's time, facilities or materials and regardless of where such Intellectual Property may be conceived, made or perfected, and shall become the sole property of the Company or its nominee. For purposes hereof, the term "

Appears in 1 contract

Samples: Employment Agreement (Corgenix Medical Corp/Co)

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Disclosure and Assignment of Intellectual Property. (a) XX. XXXXX XXXXXXXX agrees that any Intellectual Property (as hereinafter defined) that he, alone or with others, may conceive, develop, make or perfect, in whole or in part, during the term of the employment period and for a period of twelve (12) months after any termination of the employment period, whichever shall occur later, which relate to the Company's business, or that he alone or with others, may conceive, develop, make or perfect, in whole or in part, in the performance of the duties of his employment by the Company, shall be promptly and fully disclosed in writing by XX. XXXXX XXXXXXXX to the Company. All of the right, title and interest in and to any Intellectual Property shall be and hereby is assigned exclusively to the Company or its nominee regardless of whether or not the conception, development, marketing or perfection of such Intellectual Property involved the use of the Company's time, facilities or materials and regardless of where such Intellectual Property may be conceived, made or perfected, and shall become the sole property of the Company or its nominee. For purposes hereof, the term "

Appears in 1 contract

Samples: Employment Agreement (Corgenix Medical Corp/Co)

Disclosure and Assignment of Intellectual Property. (a) XX. XXXXX Employee agrees that any Intellectual Property (as hereinafter defined) that he, alone or with others, may conceive, develop, make or perfect, in whole or in part, during the term of the employment period and for a period of twelve (12) months after any termination of the employment period, whichever shall occur later, which relate to the Company's business, or that he alone or with others, may conceive, develop, make or perfect, in whole or in part, in the performance of the duties of his employment by the Company, shall be promptly and fully disclosed in writing by XX. XXXXX Employee to the Company. All of the right, title and interest in and to any Intellectual Property shall be and hereby is assigned exclusively to the Company or its nominee regardless of whether or not the conception, development, marketing or perfection of such Intellectual Property involved the use of the Company's time, facilities or materials and regardless of where such Intellectual Property may be conceived, made or perfected, and shall become the sole property of the Company or its nominee. For purposes hereof, the term "

Appears in 1 contract

Samples: Agreement and Plan of Merger (Us Medical Group Inc)

Disclosure and Assignment of Intellectual Property. (a) XX. XXXXX XXXXXXXXXXX agrees that any Intellectual Property (as hereinafter defined) that heshe, alone or with others, may conceive, develop, make or perfect, in whole or in part, during the term of the employment period and for a period of twelve (12) months after any termination of the employment period, whichever shall occur later, which relate to the Company's business, or that he she alone or with others, may conceive, develop, make or perfect, in whole or in part, in the performance of the duties of his her employment by the Company, shall be promptly and fully disclosed in writing by XX. XXXXX XXXXXXXXXXX to the Company. All of the right, title and interest in and to any Intellectual Property shall be and hereby is assigned exclusively to the Company or its nominee regardless of whether or not the conception, development, marketing or perfection of such Intellectual Property involved the use of the Company's time, facilities or materials and regardless of where such Intellectual Property may be conceived, made or perfected, and shall become the sole property of the Company or its nominee. For purposes hereof, the term "

Appears in 1 contract

Samples: Employment Agreement (Corgenix Medical Corp/Co)

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Disclosure and Assignment of Intellectual Property. (a) XX. XXXXX XXXXXXX agrees that any Intellectual Property (as hereinafter defined) that he, alone or with others, may conceive, develop, make or perfect, in whole or in part, during the term of the employment period and for a period of twelve (12) months after any termination of the employment period, whichever shall occur later, which relate to the Company's business, or that he alone or with others, may conceive, develop, make or perfect, in whole or in part, in the performance of the duties of his employment by the Company, shall be promptly and fully disclosed in writing by XX. XXXXX XXXXXXX to the Company. All of the right, title and interest in and to any Intellectual Property shall be and hereby is assigned exclusively to the Company or its nominee regardless of whether or not the conception, development, marketing or perfection of such Intellectual Property involved the use of the Company's time, facilities or materials and regardless of where such Intellectual Property may be conceived, made or perfected, and shall become the sole property of the Company or its nominee. For purposes hereof, the term "

Appears in 1 contract

Samples: Employment Agreement (Corgenix Medical Corp/Co)

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