Common use of Employee Inventions Clause in Contracts

Employee Inventions. (a) Disclosure and Ownership of Inventions -------------------------------------- (i) During the Employee's service as an employee of the Company and for a period of six (6) months thereafter, Employee will promptly and fully disclose to the Company (and to any persons designated by it) all Inventions generated, made, conceived or reduced to practice or leaned by Employee, either alone or jointly with others, which, in any way, result from or suggested by any work, which Employee may for or on behalf of the Company, or relate to or are useful in the business of the Company; or result from the use of premises or property owned, leased, licensed, or contracted for by the Company. The Company shall have the right to such Inventions, whether they are patentable or not. (ii) Employee understands that the Company will have no rights pursuant to this Agreement in any Invention of Employee made during the term of Employee's employment by the Company if such Invention has not arisen out of or by reason of Employee's work with the Company, and does not relate to the business or operations of the Company, although Employee agrees to inform the Company of any such Invention.