Common use of Execution of Necessary Documents Clause in Contracts

Execution of Necessary Documents. I agree that, upon request and without compensation therefor, but at no expense to me, whether during the term of my employment and thereafter, I will all do lawful acts, including the execution of papers and lawful oaths and the giving of testimony, that in the opinion of the Company, its successors and assigns, may be necessary or desirable in obtaining, sustaining, reissuing, extending or enforcing United States and foreign letters Patent, including Design Patents, on all of such Company Inventions, and for perfecting, affirming, maintaining or recording the Company’s complete ownership and title thereto, and to otherwise cooperate in all proceedings and matters relating thereto. I hereby irrevocably grant the Company power of attorney to execute and deliver any such documents on my behalf in my name and to do all other lawfully permitted acts to transfer the Inventions to the Company and further the transfer, issuance, prosecution and maintenance of all rights therein, to the full extent permitted by law, if I do not promptly cooperate with the Company’s request (without limiting the rights the Company shall have in such circumstances by operation of law). The power of attorney is coupled with an interest and shall not be effected by my subsequent incapacity.

Appears in 5 contracts

Samples: Executive Employment Agreement (AppTech Payments Corp.), Executive Employment Agreement (AppTech Corp.), Executive Employment Agreement (AppTech Corp.)

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Execution of Necessary Documents. I agree The Executive agrees that, upon request and without compensation therefor, but at no expense to methe Executive, whether during the term of my employment his or her engagement with the Company and thereafter, I the Executive will all do lawful acts, including the execution of papers and lawful oaths and the giving of testimony, that in the opinion of the Company, its successors and assigns, may be necessary or desirable in obtaining, sustaining, reissuing, extending or enforcing United States and foreign letters Letters Patent, including Design Patents, on all of such Company Inventions, and for perfecting, affirming, maintaining or recording the Company’s complete ownership and title thereto, and to otherwise cooperate in all proceedings and matters relating thereto. I The Executive hereby irrevocably grant grants the Company power of attorney to execute and deliver any such documents on my the Executive’s behalf in my his or her name and to do all other lawfully permitted acts to transfer the Inventions to the Company and further the transfer, issuance, prosecution and maintenance of all rights therein, to the full extent permitted by law, if I do the Executive does not promptly cooperate with the Company’s request (without limiting the rights the Company shall have in such circumstances by operation of law). The power of attorney is coupled with an interest and shall not be effected by my the Executive’s subsequent incapacity.

Appears in 2 contracts

Samples: Rights Assignment Agreement (Kenloc, Inc.), Rights Assignment Agreement (Kenloc, Inc.)

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