Exceptions to Assignment Obligations Clause Samples

Exceptions to Assignment Obligations. Executive and the Company acknowledge and agree that nothing contained herein shall require Executive to assign to the Company any Invention for which no equipment, supplies, facilities, Confidential Information or Trade Secrets of the Company was used and which was developed entirely on Executive’s own time, unless (a) the Invention relates to the business of the Company or to the Company’s actual or demonstrably anticipated research or development, or (b) the Invention results from any work performed by Executive on behalf of the Company.
Exceptions to Assignment Obligations. The Company and I agree that the assignment obligations under this Section 3 shall not apply to inventions, and I shall not be obligated to assign to the Company any Inventions, that were developed entirely on my own time without using the Company’s equipment, supplies, facilities or trade secret information, unless such inventions either: (i) relate directly to the Company Group’s Business or the Company’s actual or demonstrably anticipated research, or (ii) result from any work performed by me for the Company Group. By signing this Agreement, I acknowledge that I have received written notice of these express exceptions from the assignment obligations hereunder.