Common use of EMPLOYEE'S INVENTIONS Clause in Contracts

EMPLOYEE'S INVENTIONS. Employee acknowledges and agrees that all inventions, patents, patent applications, copyrights, research, development and formulas ("Inventions") related to the present or planned business of Corporation, which are conceived or reduced to practice by Employee during the period of Employee's employment or during a period of one hundred twenty (120) days after termination of such employment, whether or not done during Employee's regular working hours, are the sole property of Corporation. Moreover, Employee agrees that he will disclose promptly and in writing to Corporation all Inventions which are covered by this Agreement, and Employee hereby assigns and agrees to assign to Corporation or its nominee all of her right, title, and interest in and to such Inventions. Employee agrees not to disclose any of these Inventions to others without the express consent of Corporation. Employee agrees, at any time during or after his employment, on request of Corporation, to execute specific assignments in favor of Corporation or its nominee of Employee's interest in any of the Inventions covered by this Agreement, as well as to execute all papers, render all assistance, and perform all lawful acts which Corporation considers necessary or advisable for the preparation, filing, prosecution, issuance, procurement, maintenance or enforcement of patent applications and patents of the United States and foreign countries for these Inventions, and for the transfer of any interest Employee may have. employee will execute any and all papers and documents required to vest title in Corporation or its nominee in the Inventions.

Appears in 4 contracts

Samples: Employment Agreement (Royce Laboratories Inc /Fl/), Employment Agreement (Royce Laboratories Inc /Fl/), Employment Agreement (Royce Laboratories Inc /Fl/)

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