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

Disclosure and Assignment of Intellectual Property. (a) XX. XXXXXXXXXXX agrees that any Intellectual Property (as hereinafter defined) that she, 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 she alone or with others, may conceive, develop, make or perfect, in whole or in part, in the performance of the duties of her employment by the Company, shall be promptly and fully disclosed in writing by XX. 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 "Intellectual Property" shall mean inventions, discoveries, ideas, concepts, systems, works, trade secrets, know-how, intellectual property, pharmacological research, pharmacological protocols, pharmacological documentation, products, processes or improvements or modifications of current products, processes or designs, or methods of product development, manufacture, distribution, management or otherwise (whether or not covered by or able to be covered by a patent or copyright) which relate to the business of the Company and/or its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Corgenix Medical Corp/Co)

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Disclosure and Assignment of Intellectual Property. (a) XX. XXXXXXXXXXX XXXXXXXX agrees that any Intellectual Property (as hereinafter defined) that shehe, 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 she he alone or with others, may conceive, develop, make or perfect, in whole or in part, in the performance of the duties of her his employment by the Company, shall be promptly and fully disclosed in writing by XX. XXXXXXXXXXX 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 "Intellectual Property" shall mean inventions, discoveries, ideas, concepts, systems, works, trade secrets, know-how, intellectual property, pharmacological research, pharmacological protocols, pharmacological documentation, products, processes or improvements or modifications of current products, processes or designs, or methods of product development, manufacture, distribution, management or otherwise (whether or not covered by or able to be covered by a patent or copyright) which relate to the business of the Company and/or its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Corgenix Medical Corp/Co)

Disclosure and Assignment of Intellectual Property. (a) XX. XXXXXXXXXXX Employee agrees that any Intellectual Property (as hereinafter defined) that shehe, 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 she he alone or with others, may conceive, develop, make or perfect, in whole or in part, in the performance of the duties of her his employment by the Company, shall be promptly and fully disclosed in writing by XX. XXXXXXXXXXX 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 "Intellectual Property" shall mean inventions, discoveries, ideas, concepts, systems, works, trade secrets, know-how, intellectual property, pharmacological research, pharmacological protocols, pharmacological documentation, products, research, products, processes or improvements or modifications of current products, processes or designs, or methods of product development, manufacture, distribution, management or otherwise (whether or not covered by or able to be covered by a patent or copyright) which relate to the business of the Company and/or its affiliates.

Appears in 1 contract

Samples: Merger Agreement (Us Medical Group Inc)

Disclosure and Assignment of Intellectual Property. (a) XX. XXXXXXXXXXX XXXXXXX agrees that any Intellectual Property (as hereinafter defined) that shehe, 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 she he alone or with others, may conceive, develop, make or perfect, in whole or in part, in the performance of the duties of her his employment by the Company, shall be promptly and fully disclosed in writing by XX. XXXXXXXXXXX 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 "Intellectual Property" shall mean inventions, discoveries, ideas, concepts, systems, works, trade secrets, know-how, intellectual property, pharmacological research, pharmacological protocols, pharmacological documentation, products, processes or improvements or modifications of current products, processes or designs, or methods of product development, manufacture, distribution, management or otherwise (whether or not covered by or able to be covered by a patent or copyright) which relate to the business of the Company and/or its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Corgenix Medical Corp/Co)

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Disclosure and Assignment of Intellectual Property. (a) XX. XXXXXXXXXXX XXXXX agrees that any Intellectual Property (as hereinafter defined) that shehe, 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 she he alone or with others, may conceive, develop, make or perfect, in whole or in part, in the performance of the duties of her his employment by the Company, shall be promptly and fully disclosed in writing by XX. XXXXXXXXXXX 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 "Intellectual Property" shall mean inventions, discoveries, ideas, concepts, systems, works, trade secrets, know-how, intellectual property, pharmacological research, pharmacological protocols, pharmacological documentation, products, processes or improvements or modifications of current products, processes or designs, or methods of product development, manufacture, distribution, management or otherwise (whether or not covered by or able to be covered by a patent or copyright) which relate to the business of the Company and/or its affiliates.

Appears in 1 contract

Samples: Employment Agreement (Corgenix Medical Corp/Co)

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