Common use of Disclosure of Information, Ideas, Concepts, Improvements, Discoveries and Inventions Clause in Contracts

Disclosure of Information, Ideas, Concepts, Improvements, Discoveries and Inventions. As part of the Employee’s fiduciary duties to the Company, the Employee agrees that during his employment by the Company and for a period of three years following the Date of Termination, the Employee shall promptly disclose in writing to the Company all information, ideas, concepts, improvements, discoveries and inventions, whether patentable or not, and whether or not reduced to practice, which are conceived, developed, made or acquired by the Employee, either individually or jointly with others, and which relate to the business, products or services of the Company or its Affiliates, irrespective of whether the Employee used the Company’s time or facilities and irrespective of whether such information, idea, concept, improvement, discovery or invention was conceived, developed, discovered or acquired by the Employee on the job, at home, or elsewhere. This obligation extends to all types of information, ideas and concepts, including information, ideas and concepts relating to new types of services, corporate opportunities, acquisition prospects, the identity of key representatives within acquisition prospect organizations, prospective names or service marks for the Company’s business activities, and the like.

Appears in 14 contracts

Samples: Executive Employment Agreement (Petroquest Energy Inc), Restructuring Support Agreement (Petroquest Energy Inc), Executive Employment Agreement (Petroquest Energy Inc)

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Disclosure of Information, Ideas, Concepts, Improvements, Discoveries and Inventions. As part of the Employee’s 's fiduciary duties to the Company, the Employee agrees that during his employment by the Company Company, and for a period of three years following six months after the Date termination of Terminationthe employment relationship for any reason, the Employee shall promptly disclose in writing to the Company all information, ideas, concepts, improvements, discoveries and inventions, whether patentable or not, and whether or not reduced to practice, which are conceived, developed, made or acquired by the Employee, either individually or jointly with others, and which relate to the business, products or services of the Company or any of its Affiliatessubsidiaries or affiliates, irrespective of whether the Employee used utilized the Company’s 's time or facilities and irrespective of whether such information, idea, concept, improvement, discovery or invention was conceived, developed, discovered or acquired by the Employee on the job, at home, or elsewhere. This obligation extends to all types of information, ideas and concepts, including information, ideas and concepts relating to new types of services, corporate opportunities, acquisition prospects, the identity of key representatives within acquisition prospect organizations, prospective names or service marks for the Company’s 's business activities, and the like.

Appears in 9 contracts

Samples: Employment Agreement (Service Corp International), Employment Agreement (Service Corp International), Employment Agreement (Service Corp International)

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