Common use of Future Inventions Clause in Contracts

Future Inventions. The Executive shall assign and convey to the Company, and hereby does assign and convey to the Company, and the Company hereby accepts, all of the Executive's right, title and interest in and to all Future Inventions made or conceived during the Term of this Agreement, and the Executive hereby agrees that he shall, without the payment of royalty or any other consideration to him therefor: (a) Inform the Company promptly and fully of each such Future Invention by a written report reasonably satisfactory to the Company; (b) Apply, at the Company's request and expense, for United States and foreign letters patent, copyright, trademark or service xxxx as the case may be, either in the Executive's name or otherwise as the Company shall direct; (c) Assign and convey to the Company, and he hereby does assign and convey to the Company, all of his right, title and interest in and to applications for United States and foreign letters patent, copyrights, trademarks and service marks and to any letters patent, copyrights, trademarks and service marks which may be issued upon any such Future Invention; (d) Deliver promptly to the Company, without charge to the Company but at its expense, such written instruments, and do such other acts, as may be reasonably necessary, in the opinion of the Company, to obtain and maintain United States and foreign letters patent, copyrights, trademarks or service marks on each such Future Invention and to vest the Executive's entire right, title and interest thereto in the Company; and (e) Grant to the Company, and he hereby does grant to the Company, prior to any further assignment of the Executive's right, title and interest to the Company in any Future Invention as required above, the royalty-free right to use in its business, and to make, have made, use and sell products, processes, services, writings and marks based upon or related to such Future Invention made or conceived by the Executive.

Future Inventions. The Executive shall assign and convey convey, to the Company, and hereby does assign and convey to the Company, and the Company hereby accepts, all of the Executive's right, title and interest in and to all Future Inventions made or conceived during the Term of this Amended Agreement, and the Executive hereby agrees that he shall, without the payment of royalty or any other consideration to him therefor: (a) Inform the Company promptly and fully of each such Future Invention by a written report reasonably satisfactory to the Company; (b) Apply, at the Company's request and expense, for United States and foreign letters patent, copyright, trademark or service xxxx xxxx, as the case may be, either in the Executive's name or otherwise as the Company shall direct; (c) Assign and convey to the Company, and he hereby does assign and convey to the Company, all of his right, title and interest in and to applications for United States and foreign letters patent, copyrights, trademarks and service marks and to any letters patent, copyrights, trademarks and service marks which may be issued upon any such Future Invention; (d) Deliver promptly to the Company, without charge to the Company but at its expense, such written instruments, and do such other acts, as may be reasonably necessary, in the opinion of the Company, to obtain and maintain United States and foreign letters patent, copyrights, trademarks or service marks on each such Future Invention and to vest the Executive's entire right, title and interest thereto in the Company; and (e) Grant to the Company, and he hereby does grant to the Company, prior to any further assignment of the Executive's right, title and interest to the Company in any Future Invention as required above, the royalty-free right to use in its business, and to make, have made, use and sell products, processes, services, writings and marks based upon or related to such Future Invention made or conceived by the Executive. As used herein, Future Invention shall mean all inventions, discoveries, ideas, concepts, designs and improvements of any sort, whether patentable, copyrightable or not, relating in any way to the business of the Company, which the Executive may, during the term of this Amended Agreement, conceive or invent, whether alone or jointly with others, and whether during business hours or thereafter, and such term includes all "know-how" and Technical Data relating to the foregoing, and all letters patent and copyrights of the United States or any other country which may be issued in connection with the foregoing. Technical Data shall mean all written, printed and other tangible materials embodying or containing Know-how, and includes, without limiting the generality of the foregoing, all correspondence, designs, processes, source codes, object codes, engineering sketches, drawings and tracings, specifications and engineering data, reporting formats, memoranda, notebooks, and all copies thereof, together with all models and prototypes of every description.

Future Inventions. The Executive shall assign and convey to the Company, and hereby does assign and convey to the Company, and the Company hereby accepts, all of the Executive's right, title and interest in and to all Future Inventions made or conceived during the Term of this Second Amended Agreement, and the Executive hereby agrees that he shall, without the payment of royalty or any other consideration to him therefor: (a) Inform the Company promptly and fully of each such Future Invention by a written report reasonably satisfactory to the Company; (b) Apply, at the Company's request and expense, for United States and foreign letters patent, copyright, trademark or service xxxx xxxx, as the case may be, either in the Executive's name or otherwise as the Company shall direct; (c) Assign and convey to the Company, and he hereby does assign and convey to the Company, all of his right, title and interest in and to applications for United States and foreign letters patent, copyrights, trademarks and service marks and to any letters patent, copyrights, trademarks and service marks which may be issued upon any such Future Invention; (d) Deliver promptly to the Company, without charge to the Company but at its expense, such written instruments, and do such other acts, as may be reasonably necessary, in the opinion of the Company, to obtain and maintain United States and foreign letters patent, copyrights, trademarks or service marks on each such Future Invention and to vest the Executive's entire right, title and interest thereto in the Company; and (e) Grant to the Company, and he hereby does grant to the Company, prior to any further assignment of the Executive's right, title and interest to the Company in any Future Invention as required above, the royalty-free right to use in its business, and to make, have made, use and sell products, processes, services, writings and marks based upon or related to such Future Invention made or conceived by the Executive. As used herein, Future Invention shall mean all inventions, discoveries, ideas, concepts, designs and improvements of any sort, whether patentable, copyrightable or not, relating in any way to the business of the Company, which the Executive may, during the term of this Second Amended Agreement, conceive or invent, whether alone or jointly with others, and whether during business hours or thereafter, and such term includes all "know-how" and Technical Data relating to the foregoing, and all letters patent and copyrights of the United States or any other country which may be issued in connection with the foregoing. Technical Data shall mean all written, printed and other tangible materials embodying or containing Know-how, and includes, without limiting the generality of the foregoing, all correspondence, designs, processes, source codes, object codes, engineering sketches, drawings and tracings, specifications and engineering data, reporting formats, memoranda, notebooks, and all copies thereof, together with all models and prototypes of every description.