Innovations. (i) The Executive hereby assigns, transfers and conveys to Orthofix Inc. and its successors and assigns any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using the Company’s data or facilities) (collectively, “Innovations”) which the Executive makes, conceives, reduces to practice or otherwise acquires during any period of his/her employment by the Company (either solely or jointly with others), and which are related to the Company’s present or planned business, the Company’s services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. and shall at all times be held by the Executive in a fiduciary capacity for the sole benefit of Orthofix Inc. (ii) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive as works made for hire, with the understanding that Orthofix Inc. shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation is not deemed a work made for hire, the Executive hereby assigns to Orthofix Inc. such Innovation and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. (iii) The Executive shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. at all times. The Executive shall promptly disclose to the Company all such Innovations and shall assist the Company in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company may request, to secure and enjoy the full benefits and advantages of such Innovations. The Executive understands that his/her obligations under this section shall continue after the termination of the Executive’s employment by the Company.
Appears in 8 contracts
Samples: Change in Control and Severance Agreement (Orthofix Medical Inc.), Change in Control and Severance Agreement (Orthofix International N V), Change in Control and Severance Agreement (Orthofix International N V)
Innovations.
(ia) The Executive Employee hereby assigns, transfers and conveys to Orthofix Inc. Micron and its successors and assigns the entire right, title, and interest in any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using the Companyany of Micron’s data or facilities) (collectively, “Innovations”) which the Executive Employee makes, authors, conceives, reduces to practice or otherwise acquires during any period of his/her his employment by the Company Micron (either solely or jointly with others), and which are related to the CompanyMicron’s present or planned business, the CompanyMicron’s services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. Micron and shall at all times be held by the Executive Employee in a fiduciary capacity for the sole benefit of Orthofix Inc.Micron.
(iib) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive Employee as works made for hire, with the understanding that Orthofix Inc. Micron shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation Innovations is not deemed a work made for hire, the Executive Employee hereby assigns to Orthofix Inc. Micron the entire right, title, and interest in such Innovation Innovations and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iiic) The Executive Employee shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. Micron at all times. The Executive Employee shall promptly disclose to Micron the Company details of any and all such Innovations and shall provide Micron with all information relative thereto. Employee, without further compensation, shall fully cooperate with and assist the Company Micron in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company Micron may request, to secure and enjoy the full benefits and advantages of such Innovations, including executing any and all documents that Micron deems necessary to obtain, maintain, and/or enforce its rights in such Innovations and providing any testimony required to obtain, maintain, and/or enforce such Innovations. The Executive Employee agrees, for himself, and his heirs, legal representatives and assigns, without further compensation, to execute further assignments and other lawful documents as Micron may reasonably request to effectuate fully this assignment. Employee understands that his/her his obligations under this section shall continue after the termination of the Executive’s his employment by the Company.Micron.
Appears in 3 contracts
Samples: Employment Agreement (Micron Solutions Inc /De/), Employment Agreement (Micron Solutions Inc /De/), Employment Agreement (Micron Solutions Inc /De/)
Innovations. (ia) The Executive Employee hereby assigns, transfers and conveys to Orthofix Inc. ART and its successors and assigns the entire right, title, and interest in any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using any of the Company’s Companies’ data or facilities) (collectively, “Innovations”) which the Executive Employee makes, authors, conceives, reduces to practice or otherwise acquires during any period of his/her employment by the Company ART (either solely or jointly with others), and which are related to the Company’s Companies’ present or planned business, the Company’s Companies’ services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. ART and shall at all times be held by the Executive Employee in a fiduciary capacity for the sole benefit of Orthofix Inc.ART. {Practice Areas/LABOR/23832/00001/A2818938.DOC}
(iib) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive Employee as works made for hire, with the understanding that Orthofix Inc. ART shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation Innovations is not deemed a work made for hire, the Executive Employee hereby assigns to Orthofix Inc. ART the entire right, title, and interest in such Innovation Innovations and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iiic) The Executive Employee shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. ART at all times. The Executive Employee shall promptly disclose to ART the Company details of any and all such Innovations and shall provide ART with all information relative thereto. Employee, without further compensation, shall fully cooperate with and assist the Company ART in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company ART may request, to secure and enjoy the full benefits and advantages of such Innovations, including executing any and all documents that ART deems necessary to obtain, maintain, and/or enforce its rights in such Innovations and providing any testimony required to obtain, maintain, and/or enforce such Innovations. The Executive Employee agrees, for himself, and his heirs, legal representatives and assigns, without further compensation, to execute further assignments and other lawful documents as ART may reasonably request to effectuate fully this assignment. Employee understands that his/her his obligations under this section shall continue after the termination of the Executive’s his employment by the CompanyART.
Appears in 1 contract
Samples: Employment Agreement (Arrhythmia Research Technology Inc /De/)
Innovations.
(ia) The Executive Employee hereby assigns, transfers and conveys to Orthofix Inc. ART and its successors and assigns the entire right, title, and interest in any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using any of the Company’s Companies’ data or facilities) (collectively, “Innovations”) which the Executive Client Matter/23832/00001/A3567283.DOC Employee makes, authors, conceives, reduces to practice or otherwise acquires during any period of his/her his employment by the Company ART (either solely or jointly with others), and which are related to the Company’s Companies’ present or planned business, the Company’s Companies’ services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. ART and shall at all times be held by the Executive Employee in a fiduciary capacity for the sole benefit of Orthofix Inc.ART.
(iib) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive Employee as works made for hire, with the understanding that Orthofix Inc. ART shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation Innovations is not deemed a work made for hire, the Executive Employee hereby assigns to Orthofix Inc. ART the entire right, title, and interest in such Innovation Innovations and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iiic) The Executive Employee shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. ART at all times. The Executive Employee shall promptly disclose to ART the Company details of any and all such Innovations and shall provide ART with all information relative thereto. Employee, without further compensation, shall fully cooperate with and assist the Company ART in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company ART may request, to secure and enjoy the full benefits and advantages of such Innovations, including executing any and all documents that ART deems necessary to obtain, maintain, and/or enforce its rights in such Innovations and providing any testimony required to obtain, maintain, and/or enforce such Innovations. The Executive Employee agrees, for himself, and his heirs, legal representatives and assigns, without further compensation, to execute further assignments and other lawful documents as ART may reasonably request to effectuate fully this assignment. Employee understands that his/her his obligations under this section shall continue after the termination of the Executive’s his employment by the Company.ART.
Appears in 1 contract
Samples: Executive Employment Agreement (Arrhythmia Research Technology Inc /De/)
Innovations. (i) The Executive hereby assigns, transfers and conveys to Orthofix Inc. and its successors and assigns any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using the Company’s data or facilities) (collectively, “Innovations”) which the Executive makes, conceives, reduces to practice or otherwise acquires during any period of his/her employment by the Company (either solely or jointly with others), and which are related to the Company’s present or planned business, the Company’s services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. and shall at all times be held by the Executive in a fiduciary capacity for the sole benefit of Orthofix Inc.
(ii) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive as works made for hire, with the understanding that Orthofix Inc. shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation is not deemed a work made for hire, the Executive hereby assigns to Orthofix Inc. such Innovation and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iii) The Executive shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. at all times. The Executive shall promptly disclose to the Company all such Innovations and shall assist the Company in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company Change in Control and Severance Agreement—Xxx Xxxxxxxxx may request, to secure and enjoy the full benefits and advantages of such Innovations. The Executive understands that his/her obligations under this section shall continue after the termination of the Executive’s employment by the Company.
Appears in 1 contract
Samples: Change in Control and Severance Agreement (Orthofix Medical Inc.)
Innovations. (ia) The Executive Employee hereby assigns, transfers and conveys to Orthofix Inc. ART and its successors and assigns the entire right, title, and interest in any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using any of the Company’s Companies' data or facilities) (collectively, “Innovations”) which the Executive Employee makes, authors, conceives, reduces to practice or otherwise acquires during any period of his/her employment by the Company ART (either solely or jointly with others), and which are related to the Company’s Companies' present or planned business, the Company’s Companies' services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. ART and shall at all times be held by the Executive Employee in a fiduciary capacity for the sole benefit of Orthofix Inc.ART.
(iib) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive Employee as works made for hire, with the understanding that Orthofix Inc. ART shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation Innovations is not deemed a work made for hire, the Executive Employee hereby assigns to Orthofix Inc. ART the entire right, title, and interest in such Innovation Innovations and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iiic) The Executive Employee shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. ART at all times. The Executive Employee shall promptly disclose to ART the Company details of any and all such Innovations and shall provide ART with all information relative thereto. Employee, without further compensation, shall fully cooperate with and assist the Company ART in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company ART may request, to secure and enjoy the full benefits and advantages of such Innovations, including executing any and all documents that ART deems necessary to obtain, maintain, and/or enforce its rights in such Innovations and providing any testimony required to obtain, maintain, and/or enforce such Innovations. The Executive Employee agrees, for himself, and his heirs, legal representatives and assigns, without further compensation, to execute further assignments and other lawful documents as ART may reasonably request to effectuate fully this assignment. Employee understands that his/her his obligations under this section shall continue after the termination of the Executive’s his employment by the CompanyART.
Appears in 1 contract
Samples: Employment Agreement (Arrhythmia Research Technology Inc /De/)
Innovations. (i) The Executive hereby assigns, transfers and conveys to Orthofix Inc. and its successors and assigns any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and Change in Control and Severance Agreement—Xxx Xxxxxxxxx Effective Date: August 5, 2019 Page 15 improvements (whether or not they are made, conceived or reduced to practice during working hours or using the Company’s data or facilities) (collectively, “Innovations”) which the Executive makes, conceives, reduces to practice or otherwise acquires during any period of his/her employment by the Company (either solely or jointly with others), and which are related to the Company’s present or planned business, the Company’s services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. and shall at all times be held by the Executive in a fiduciary capacity for the sole benefit of Orthofix Inc.
(ii) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive as works made for hire, with the understanding that Orthofix Inc. shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation is not deemed a work made for hire, the Executive hereby assigns to Orthofix Inc. such Innovation and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iii) The Executive shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. at all times. The Executive shall promptly disclose to the Company all such Innovations and shall assist the Company in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company may request, to secure and enjoy the full benefits and advantages of such Innovations. The Executive understands that his/her obligations under this section shall continue after the termination of the Executive’s employment by the Company.
Appears in 1 contract
Samples: Change in Control and Severance Agreement (Orthofix Medical Inc.)
Innovations. (ia) The Executive Employee hereby assigns, transfers and conveys to Orthofix Inc. Vystar and its successors and assigns the entire right, title, and interest in any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using any of the Company’s Companies’ data or facilities) (collectively, “Innovations”) which the Executive Employee makes, authors, conceives, reduces to practice or otherwise acquires during any period of his/her employment by the Company Vystar (either solely or jointly with others), and which are related to the Company’s Companies’ present or planned business, the Company’s Companies’ services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. Vystar and shall at all times be held by the Executive Employee in a fiduciary capacity for the sole benefit of Orthofix Inc.Vystar.
(iib) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive Employee as works made for hire, with the understanding that Orthofix Inc. Vystar shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation Innovations is not deemed a work made for hire, the Executive Employee hereby assigns to Orthofix Inc. Vystar the entire right, title, and interest in such Innovation Innovations and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iiic) The Executive Employee shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. Vystar at all times. The Executive Employee shall promptly disclose to Vystar the Company details of any and all such Innovations and shall provide Vystar with all information relative thereto. Employee, without further compensation, shall fully cooperate with and assist the Company Vystar in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company Vystar may request, to secure and enjoy the full benefits and advantages of such Innovations, including executing any and all documents that Vystar deems necessary to obtain, maintain, and/or enforce its rights in such Innovations and providing any testimony required to obtain, maintain, and/or enforce such Innovations. The Executive Employee agrees, for herself, and her heirs, legal representatives and assigns, without further compensation, to execute further assignments and other lawful documents as Vystar may reasonably request to effectuate fully the assignment. Employee understands that his/her obligations under this the section shall continue after the termination of the Executive’s her employment by the CompanyVystar.
Appears in 1 contract
Samples: Employment Agreement (Vystar Corp)
Innovations. (i) The Executive hereby assigns, transfers and conveys to Orthofix Inc. and its successors and assigns any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using the Company’s data or facilities) (collectively, “Innovations”) which the Executive makes, conceives, reduces to practice or otherwise acquires during any period of his/her employment by the Company (either solely or jointly with others), and which are related to the Company’s present or planned business, the Company’s services or products, and any and all Change in Control and Severance Agreement—Xxxx Xxxxxxxxx patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. and shall at all times be held by the Executive in a fiduciary capacity for the sole benefit of Orthofix Inc.
(ii) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive as works made for hire, with the understanding that Orthofix Inc. shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation is not deemed a work made for hire, the Executive hereby assigns to Orthofix Inc. such Innovation and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iii) The Executive shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. at all times. The Executive shall promptly disclose to the Company all such Innovations and shall assist the Company in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company may request, to secure and enjoy the full benefits and advantages of such Innovations. The Executive understands that his/her obligations under this section shall continue after the termination of the Executive’s employment by the Company.
Appears in 1 contract
Samples: Change in Control and Severance Agreement (Orthofix Medical Inc.)
Innovations. (ia) The Executive Consultant hereby assigns, transfers and conveys to Orthofix Inc. ReWalk and its successors and assigns the entire right, title, and interest in any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using the Companyeither of ReWalk’s data or facilities) (collectively, “Innovations”) which the Executive Consultant makes, authors, conceives, reduces to practice or otherwise acquires during any period of his/her employment his engagement by the Company ReWalk (either solely or jointly with others), and which are related to the Company’s either or both of ReWalk’ present or planned business, the CompanyReWalk’s services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. ReWalk and shall at all times be held by the Executive Consultant in a fiduciary capacity for the sole benefit of Orthofix Inc.ReWalk.
(iib) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive Consultant as works made for hire, with the understanding that Orthofix Inc. ReWalk shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation Innovations is not deemed a work made for hire, the Executive Consultant hereby assigns to Orthofix Inc. ReWalk the entire right, title, and interest in such Innovation Innovations and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iiic) The Executive Consultant shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. ReWalk at all times. The Executive Consultant shall promptly disclose to ReWalk the Company details of any and all such Innovations and shall provide ReWalk with all information relative thereto. Consultant, without further compensation, shall fully cooperate with and assist the Company ReWalk in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company ReWalk may request, to secure and enjoy the full benefits and advantages of such Innovations, including executing any and all documents that ReWalk deems necessary to obtain, maintain, and/or enforce its rights in such Innovations, and providing any testimony required to obtain, maintain, and/or enforce such Innovations. The Executive Consultant agrees, for himself and his heirs, legal representatives and assigns, without further compensation, to execute further assignments and other lawful documents as ReWalk may reasonably request to effectuate fully this assignment. Consultant understands that his/her his obligations under this section shall continue after the termination of the ExecutiveConsultant’s employment engagement by the CompanyReWalk.
Appears in 1 contract
Innovations. (ia) The Executive Employee hereby assigns, transfers and conveys to Orthofix Inc. ART and its successors and assigns the entire right, title, and interest in any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using any of the Company’s Companies’ data or facilities) (collectively, “Innovations”) which the Executive Employee makes, authors, conceives, reduces to practice or otherwise acquires during any period of his/her employment by the Company ART (either solely or jointly with others), and which are related to the Company’s Companies’ present or planned business, the Company’s Companies’ services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. ART and shall at all times be held by the Executive Employee in a fiduciary capacity for the sole benefit of Orthofix Inc.ART.
(iib) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive Employee as works made for hire, with the understanding that Orthofix Inc. ART shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation Innovations is not deemed a work made for hire, the Executive Employee hereby assigns to Orthofix Inc. ART the entire right, title, and interest in such Innovation Innovations and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.. {Practice Areas/LABOR/23832/00001/A2257821.DOC}
(iiic) The Executive Employee shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. ART at all times. The Executive Employee shall promptly disclose to ART the Company details of any and all such Innovations and shall provide ART with all information relative thereto. Employee, without further compensation, shall fully cooperate with and assist the Company ART in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company ART may request, to secure and enjoy the full benefits and advantages of such Innovations, including executing any and all documents that ART deems necessary to obtain, maintain, and/or enforce its rights in such Innovations and providing any testimony required to obtain, maintain, and/or enforce such Innovations. The Executive Employee agrees, for himself, and his heirs, legal representatives and assigns, without further compensation, to execute further assignments and other lawful documents as ART may reasonably request to effectuate fully this assignment. Employee understands that his/her his obligations under this section shall continue after the termination of the Executive’s his employment by the CompanyART.
Appears in 1 contract
Samples: Employment Agreement (Arrhythmia Research Technology Inc /De/)
Innovations. (ia) The Executive Employee hereby assigns, transfers and conveys to Orthofix Inc. ART and its successors and assigns the entire right, title, and interest in any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using any of the Company’s Companies’ data or facilities) (collectively, “Innovations”) which the Executive Employee makes, authors, conceives, reduces to practice or otherwise acquires during any period of his/her employment by the Company ART (either solely or jointly with others), and which are related to the Company’s Companies’ present or planned business, the Company’s Companies’ services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. ART and shall at all times be held by the Executive Employee in a fiduciary capacity for the sole benefit of Orthofix Inc.ART. {Practice Areas/LABOR/23832/00001/A2818934.DOC}
(iib) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive Employee as works made for hire, with the understanding that Orthofix Inc. ART shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation Innovations is not deemed a work made for hire, the Executive Employee hereby assigns to Orthofix Inc. ART the entire right, title, and interest in such Innovation Innovations and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iiic) The Executive Employee shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. ART at all times. The Executive Employee shall promptly disclose to ART the Company details of any and all such Innovations and shall provide ART with all information relative thereto. Employee, without further compensation, shall fully cooperate with and assist the Company ART in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company ART may request, to secure and enjoy the full benefits and advantages of such Innovations, including executing any and all documents that ART deems necessary to obtain, maintain, and/or enforce its rights in such Innovations and providing any testimony required to obtain, maintain, and/or enforce such Innovations. The Executive Employee agrees, for himself, and his heirs, legal representatives and assigns, without further compensation, to execute further assignments and other lawful documents as ART may reasonably request to effectuate fully this assignment. Employee understands that his/her his obligations under this section shall continue after the termination of the Executive’s his employment by the CompanyART.
Appears in 1 contract
Samples: Employment Agreement (Arrhythmia Research Technology Inc /De/)
Innovations. (ia) The Executive Employee hereby assigns, transfers and conveys to Orthofix Inc. ART and its successors and assigns the entire right, title, and interest in any and all inventions, processes, procedures, systems, discoveries, designs, configurations, technology, works of authorship, trade secrets and improvements (whether or not they are made, conceived or reduced to practice during working hours or using any of the Company’s Companies’ data or facilities) (collectively, “Innovations”) which the Executive Employee makes, authors, conceives, reduces to practice or otherwise acquires during any period of his/her employment by the Company ART (either solely or jointly with others), and which are related to the Company’s Companies’ present or planned business, the Company’s Companies’ services or products, and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto. The Innovations shall be the sole property of Orthofix Inc. ART and shall at all times be held by the Executive Employee in a fiduciary capacity for the sole benefit of Orthofix Inc.ART.
(iib) All such Innovations that consist of works of authorship capable of protection under copyright laws shall be prepared by the Executive Employee as works made for hire, with the understanding that Orthofix Inc. ART shall own all of the exclusive rights to such works of authorship under the United States copyright law and all international copyright conventions and foreign laws. The foregoing notwithstanding, to the extent that any such Innovation Innovations is not deemed a work {Practice Areas/LABOR/23832/00001/A2468292.DOC} made for hire, the Executive Employee hereby assigns to Orthofix Inc. ART the entire right, title, and interest in such Innovation Innovations and any and all patents, copyrights, trademarks, trade names and applications therefor, in the United States and elsewhere, relating thereto.
(iiic) The Executive Employee shall maintain adequate and current written records of all such Innovations, which shall be available to and remain the sole property of Orthofix Inc. ART at all times. The Executive Employee shall promptly disclose to ART the Company details of any and all such Innovations and shall provide ART with all information relative thereto. Employee, without further compensation, shall fully cooperate with and assist the Company ART in obtaining and enforcing for its own benefit patents and copyright registrations on and in respect of such Innovations in all countries in all ways that the Company ART may request, to secure and enjoy the full benefits and advantages of such Innovations, including executing any and all documents that ART deems necessary to obtain, maintain, and/or enforce its rights in such Innovations and providing any testimony required to obtain, maintain, and/or enforce such Innovations. The Executive Employee agrees, for himself, and his heirs, legal representatives and assigns, without further compensation, to execute further assignments and other lawful documents as ART may reasonably request to effectuate fully this assignment. Employee understands that his/her his obligations under this section shall continue after the termination of the Executive’s his employment by the CompanyART.
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Samples: Employment Agreement (Arrhythmia Research Technology Inc /De/)