Common use of Employee Inventions and Proprietary Rights Assignment Agreement Clause in Contracts

Employee Inventions and Proprietary Rights Assignment Agreement. The Employee agrees that during the term of this agreement, if Employee develops any proprietary technology; any patents and patent rights (including all information or discoveries covered thereby and all enhancements, modifications, improvements, divisions, continuations, continuations in part, reissues, re-examinations or extensions thereof), trademarks and trademark rights, copyrights and copyright rights, trade secrets and trade secret rights, and applications, registrations or their equivalents for any of the same; recipes, mixes, or other food related products, or any other intellectual property rights (collectively, the "Intellectual Property"), relating to the supplying of products or services in which the Company is or is likely to be involved, such Intellectual Property shall automatically become the property of the Company. The Employee agrees to cooperate with the Company to perfect the Employee’s respective claims to such Intellectual Property and to execute and deliver any and all documents reasonably necessary in order to effectuate the intent of this paragraph, and the Employee hereby grants to the Company an irrevocable power of attorney to execute any such documents.

Employee Inventions and Proprietary Rights Assignment Agreement. The Employee agrees that during the term of this agreement, if Employee develops any proprietary technology; any patents and patent rights (including all information or discoveries covered thereby and all enhancements, modifications, improvements, divisions, continuations, continuations in part, reissues, re-examinations or extensions thereof), trademarks and trademark rights, copyrights and copyright rights, trade secrets and trade secret rights, and applications, registrations or their equivalents for any of the same; recipes, mixes, or other food related products, or any other intellectual property rights (collectively, the "Intellectual Property"), relating to the supplying of products or services in which the Company is or is likely to be involved, such Intellectual Property shall automatically become the property of the Company. The Employee agrees to cooperate with the Company to perfect the Employee’s respective claims to such Intellectual Property and to execute and deliver any and all documents reasonably necessary in order to effectuate the intent of this paragraph, and the Employee hereby grants to the Company an irrevocable power of attorney to execute any such documents.