Common use of Discoveries and Inventions Clause in Contracts

Discoveries and Inventions. Executive agrees that any discoveries, inventions, know-how, and improvements (collectively “Inventions”), whether patentable or not, made, conceived or suggested, either solely or jointly with others, by Executive while in the Company’s employ, whether in the course of Executive’s employment with the use of the Company’s time, material or facilities or that is in any way within or related to the existing or contemplated scope of the Company’s business, shall be solely the property of the Company. Any Inventions relating to any subject matter with which the Company was concerned during Executive’s employment and made, conceived or suggested by Executive, either solely or jointly with others, within one year following termination of Executive’s employment under this Agreement or any successor agreements shall be irrebuttably presumed to have been so made, conceived or suggested in the course of such employment with the use of the Company’s time, materials or facilities, and to be solely the property of the Company. Executive agrees, both during and after employment with the Company, to disclose promptly and in writing to the Company all Inventions that Executive, whether solely or jointly with others, makes, discovers, develops, conceives, and/or reduces to practice. Executive hereby assigns and agrees to assign to the Company or its designee, without further consideration, Executive’s entire right and interest in and to all such Inventions. Upon request by the Company with respect to any such Inventions, Executive will execute and deliver to the Company, at any time during or after Executive’s employment, all appropriate documents for use in applying for, obtaining and maintaining such domestic and foreign patents as the Company may desire, and all proper assignments therefor, when so requested, at the expense of the Company, but without further or additional consideration.

Discoveries and Inventions. Executive agrees that Except as otherwise provided in Section 10(a)(i) of Article II, Detrimental Activity shall also include the failure or refusal of the Grantee to assign to the Corporation, its successors, assigns or nominees, all of the Grantee’s rights to any discoveries, inventions, know-how, inventions and improvements (collectively “Inventions”)improvements, whether patentable or not, made, conceived or suggested, either solely or jointly with others, by Executive the Grantee while in the CompanyCorporation’s employ, whether in the course of Executivethe Grantee’s employment with the use of the CompanyCorporation’s time, material or facilities or that is in any way within or related to the existing or contemplated scope of the CompanyCorporation’s business, shall be solely the property of the Company. Any Inventions discovery, invention or improvement relating to any subject matter with which the Company Corporation was concerned during Executivethe Grantee’s employment and made, conceived or suggested by Executivethe Grantee, either solely or jointly with others, within one year following termination of Executivethe Grantee’s employment under this Agreement or any successor agreements shall be irrebuttably presumed to have been so made, conceived or suggested in the course of such employment with the use of the CompanyCorporation’s time, materials or facilities, and to be solely the property of the Company. Executive agrees, both during and after employment with the Company, to disclose promptly and in writing to the Company all Inventions that Executive, whether solely or jointly with others, makes, discovers, develops, conceives, and/or reduces to practice. Executive hereby assigns and agrees to assign to the Company or its designee, without further consideration, Executive’s entire right and interest in and to all such Inventions. Upon request by the Company Corporation with respect to any such Inventionsdiscoveries, Executive inventions or improvements, the Grantee will execute and deliver to the CompanyCorporation, at any time during or after Executivethe Grantee’s employment, all appropriate documents for use in applying for, obtaining and maintaining such domestic and foreign patents as the Company Corporation may desire, and all proper assignments therefor, when so requested, at the expense of the CompanyCorporation, but without further or additional consideration.