Existing Inventions Sample Clauses
The "Existing Inventions" clause defines and distinguishes inventions, technologies, or intellectual property that a party already owns or has developed prior to entering into an agreement. Typically, this clause requires each party to disclose or list such pre-existing inventions to prevent confusion over ownership of new developments made during the collaboration. By clearly identifying what is considered pre-existing, the clause ensures that these assets remain the property of the original owner and are not inadvertently assigned or claimed by the other party, thereby preventing disputes over intellectual property rights.
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Existing Inventions. As a matter of record, I attach hereto a complete list of inventions which have been made or conceived or first reduced to practice by me alone or jointly with others prior to my employment which I desire to remove from the operation of this Agreement; and I covenant that such list is complete. If no such list is attached to this agreement, I represent that I have not made, conceived or reduced to practice any such inventions and improvements at the time of signing this agreement.
Existing Inventions. The Company expressly disclaims any beneficial interest in or ownership of any and all inventions or Inventions previously developed by the Employee so long as all such inventions and Inventions are delineated and identified as a matter of record by the Employee on Exhibit "A" attached hereto. The Employee hereby warrants that all inventions or improvements which have been made or conceived or first reduced to practice by the Employee alone or jointly with others, which he desires to remove from the scope of this Agreement are listed on Exhibit "A," and the Employee represents that such list is complete. If there is no such list on Exhibit "A," the Employee represents that he has made no inventions and/or improvements at the time of the signing of this Agreement.
Existing Inventions. AVEO shall retain ownership of all AVEO Intellectual Property owned by AVEO as of the Effective Date or as arising outside of this Agreement. Biodesix shall retain ownership of all Biodesix Intellectual Property owned by Biodesix as of the Effective Date or as arising outside of this Agreement.
Existing Inventions. Executive has attached as Exhibit A hereto a list to this Agreement describing all inventions belonging to Executive and made by Executive prior to Executive's employment with Company that Executive wishes to have excluded from this Agreement; provided, however, that Executive shall not include, and hereby represents and warrants that Executive has not included any information on Exhibit A which, by its disclosure to Company, would violate any confidentiality obligation owed by Executive to any third party, including a prior employer. If such confidentiality obligations exist with respect to certain prior inventions, Executive shall inform Company in writing that Executive has not listed all prior inventions on Exhibit A for that reason. If no such list is attached, Executive represents, by Executive's signature below, that there are no such prior inventions. If, in the course of Executive's employment at Company, Executive uses or incorporates into any Company product, process, or machine, an invention owned by Executive or in which Executive has an interest, Employer is hereby granted and shall have an exclusive, royalty-free, irrevocable, worldwide license to make, have made, use, sell and import that invention without restriction as to the extent of Executive's ownership or interest. Executive represents that Executive has the full and exclusive right and power to grant to Company all of the foregoing license rights to all applicable inventions, and that Company's use of any such inventions will not violate any copyright, trade secret, or other proprietary right of any third party. Executive further agrees to indemnify, pay the defense costs of, and hold Company harmless from any damages or loss arising from a breach of the foregoing representation.
Existing Inventions. It is recognized and understood that certain existing inventions and technologies are the separate property of Sponsor or Institution and are not affected by this Agreement, and neither Party shall have any claims to or rights in such separate inventions and technologies.