Common use of Disclosure; Ownership Clause in Contracts

Disclosure; Ownership. During Executive’s employment with the Company and for a period of one (1) year thereafter, Executive shall provide the Company with written notice of all Inventions and all work that he performs during his employment with the Company that is in any way connected with the business of the Company shall be work for hire. Executive agrees that all Inventions shall be the sole and exclusive property of the Company. Executive also agrees that all Inventions that Executive discloses to others or attempts to develop, sell, patent, trademark, copyright or use within one (1) year after the last day of Executive’s employment with the Company shall be presumed to have been conceived during the term of such employment, unless Executive can establish clear and convincing evidence of specific facts that prove that Executive did not conceive the Invention during the term of such employment. Further, Executive disclaims and agrees not to assert rights in any Invention as having been made, conceived or acquired prior to employment with the Company.

Disclosure; Ownership. During Executive’s employment with the Company and for a period of one (1) year thereafter, Executive shall provide the Company with written notice of all Inventions and all work that he she performs during his her employment with the Company that is in any way connected with the business of the Company shall be work for hire. Executive agrees that all Inventions shall be the sole and exclusive property of the Company. Executive also agrees that all Inventions that Executive discloses to others or attempts to develop, sell, patent, trademark, copyright or use within one (1) year after the last day of Executive’s employment with the Company shall be presumed to have been conceived during the term of such employment, unless Executive can establish clear and convincing evidence of specific facts that prove that Executive did not conceive the Invention during the term of such employment. Further, Executive disclaims and agrees not to assert rights in any Invention as having been made, conceived or acquired prior to employment with the Company.