Common use of Future Inventions Clause in Contracts

Future Inventions. Employee recognizes that Inventions relating to his/her activities while working for Company and conceived or made by Employee, whether alone or with others, within one year after termination of Employee's employment may have been conceived in significant part while employed by Company. Accordingly, Employee agrees that such Inventions shall be presumed to have been conceived during Employee's employment with Company and are to be, and hereby are, assigned to Company unless and until Employee has established the contrary.

Appears in 3 contracts

Samples: Employment Agreement (Nu Skin Enterprises Inc), Key Employee Covenants Agreement (Nu Skin Enterprises Inc), Key Employee Covenants Agreement (Nu Skin Enterprises Inc)

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Future Inventions. Employee recognizes that Inventions relating to his/her activities while working for Company and conceived or made by Employee, whether alone or with others, within one year after termination of Employee's ’s employment may have been conceived in significant part while employed by Company. Accordingly, Employee agrees that such Inventions shall be presumed to have been conceived during Employee's ’s employment with Company and are to be, and hereby are, assigned to Company unless and until Employee has established the contrary.

Appears in 1 contract

Samples: Employment Agreement (Nu Skin Enterprises, Inc.)

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