Common use of Employee Invention Agreement Clause in Contracts

Employee Invention Agreement. Optionee hereby represents and agrees that Optionee has executed and delivered prior to the date hereof an Employee Invention Agreement. The Optionee expressly acknowledges that his/her agreement to enter into and to be bound by the terms of the Employee Invention Agreement is a condition precedent to the grant of the Option hereunder and that without that agreement, the Company would not enter into this Agreement.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Opentv Corp), Incentive Stock Option Agreement (Opentv Corp), Non Qualified Stock Option Agreement (Opentv Corp)

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Employee Invention Agreement. Optionee hereby represents and agrees that Optionee has executed and delivered prior to the date hereof an Employee Invention Agreement. The Optionee expressly acknowledges that his/her agreement to enter into and to be bound by the terms of the Employee Invention Agreement is a condition precedent to the grant of the Option hereunder and that without that agreement, the Company Corporation would not enter into this Agreement.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Opentv Corp)

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