Common use of Invention Disclosure Clause in Contracts

Invention Disclosure. Employee agrees to disclose to the Corporation promptly and fully all ideas, inventions, discoveries, developments or improvements ("Inventions") that may be made or conceived by him and all "Intellectual Material" (as defined below) that may be created or developed by him (whether such Inventions or "Intellectual Material" are developed solely by him or jointly with others) either during his employment by the Corporation or during a period of one (1) year after the termination of his employment with the Corporation which either (i) in any way is connected with or related to the actual or contemplated business, work, research or undertakings of the Corporation or (ii) results from or is suggested by any task, project or work that he may do for, in connection with, or on behalf of the Corporation. Employee agrees that such Inventions and "Intellectual Material" shall become the sole and exclusive property of the Corporation and Employee hereby assigns to the Corporation all of his rights to any such Inventions and "Intellectual Material." As used herein, "Intellectual Material" shall include, but shall not be limited to, ideas, titles, themes, production ideas, methods of presentation, artistic renderings, sketches, plots, music, lyrics, dialogue, phrases, slogans, catch words, characters, names and similar literary, dramatic and musical material, trade names, trademarks and service marks and all copyrightable expressions in audio visual works, computer software, electronic circuitry and all mask works for integrated circuits. With respect to Inventions and Intellectual Material, Employee shall during the period of his employment hereunder and at any time and from time to time hereafter (a) execute all documents requested by the Corporation for vesting in the Corporation the entire right, title and interest in and to the same, (b) execute all documents requested by the Corporation for filing and prosecuting such applications for patents, trademarks and/or copyrights as the Corporation, in its sole discretion, may desire to prosecute, and (c) give the Corporation all assistance it reasonably requires, including the giving of testimony in any suit, action or proceeding, in order to obtain, maintain and protect the Corporation's right therein and thereto. If any such assistance is required following the termination of Employee's employment with the Corporation, the Corporation shall reimburse Employee for his lost wages or salary and the reasonable expenses incurred by him in rendering such assistance. Anything contained in this paragraph to the contrary notwithstanding, this paragraph does not apply to an Invention or Intellectual Material for which no equipment, supplies, facilities, or trade secret information of the Corporation was used and which was developed entirely on the Employee's own time, unless the Invention or Intellectual Material relates: (i) to the business of the Corporation, (ii) to the Corporation's actual or demonstrably anticipated research or development, or (iii) the Invention or Intellectual Material results from any work performed by the Employee for the Corporation.

Appears in 2 contracts

Samples: Employment Agreement (WMS Industries Inc /De/), Employment Agreement (WMS Industries Inc /De/)

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Invention Disclosure. Employee agrees to disclose to the Corporation promptly and fully all ideasAny invention, inventionsimprovement, discoveriesdesign, developments development or improvements ("Inventions") that may be made or conceived by him and all "Intellectual Material" (as defined below) that may be discovery conceived, developed, created or developed made by him (whether such Inventions Executive alone or "Intellectual Material" are developed solely by him or jointly with others) either , during his employment by the Corporation or during a period of one (1) year after the termination of his employment with the Corporation which either (i) in any way is connected with or related hereunder and applicable to the actual or contemplated business, work, research or undertakings business of the Corporation or (ii) results from its subsidiaries, whether or is suggested by any tasknot patentable or registrable, project or work that he may do for, in connection with, or on behalf of the Corporation. Employee agrees that such Inventions and "Intellectual Material" shall become the sole and exclusive property of the Corporation and Employee Corporation. Executive hereby assigns to the Corporation Corporation, all of his rights to any such Inventions and "Intellectual Material.intellectual material" created or developed by him during the course of his employment. As used herein, "Intellectual Materialintellectual material" shall include, but shall not be limited to, ideas, titles, themes, production ideas, methods of presentation, artistic renderings, sketches, plots, music, lyrics, dialogue, phrases, slogans, catch words, characters, names and similar literary, dramatic and musical material, trade names, trademarks and service marks and all copyrightable expressions in audio visual works, computer software, electronic circuitry and all mask works for integrated circuits. With respect Executive shall disclose the intellectual material promptly and completely to Inventions the Corporation and Intellectual Materialshall, Employee shall during the period of his employment hereunder and at any time and from time to time hereafter (a) execute all documents requested by the Corporation for vesting in the Corporation or any of its subsidiaries, the entire right, title and interest in and to the same, (b) execute all documents requested by the Corporation for filing and prosecuting such applications for patents, trademarks and/or copyrights as the Corporation, in its sole discretion, may desire to prosecute, and (c) give the Corporation all assistance it reasonably requires, including the giving of testimony in any suit, action or proceeding, in order to obtain, maintain and protect the Corporation's right therein and thereto. If any such assistance is required following the termination of Employee's employment with the Corporationthis Agreement, the Corporation shall reimburse Employee Executive for his lost wages or salary time and the reasonable expenses incurred by him in rendering such assistance. Anything contained in this paragraph to the contrary notwithstanding, this paragraph does not apply to an Invention or Intellectual Material invention for which no equipment, supplies, facilities, or trade secret information of the Corporation or its subsidiaries was used and which was developed entirely on the EmployeeExecutive's own time, unless (d) the Invention or Intellectual Material invention relates: (i) to the business of the CorporationCorporation or its subsidiaries, or (ii) to the Corporation's or any of its subsidiaries actual or demonstrably anticipated research or development, or (iiie) the Invention or Intellectual Material invention results from any work performed by the Employee Executive for the CorporationCorporation or its subsidiaries.

Appears in 2 contracts

Samples: Executive Employment Agreement (WMS Industries Inc /De/), Executive Employment Agreement (WMS Industries Inc /De/)

Invention Disclosure. Employee agrees to disclose Any invention, improvement, design, development or discovery conceived, developed, created or made by Executive alone or with others, during the period of her employment hereunder and applicable to the Corporation promptly and fully all ideas, inventions, discoveries, developments or improvements ("Inventions") that may be made or conceived by him and all "Intellectual Material" (as defined below) that may be created or developed by him (whether such Inventions or "Intellectual Material" are developed solely by him or jointly with others) either during his employment by the Corporation or during a period of one (1) year after the termination of his employment with the Corporation which either (i) in any way is connected with or related to the actual or contemplated business, work, research or undertakings business of the Corporation or (ii) results from its affiliates, whether or is suggested by any tasknot patentable or registrable, project or work that he may do for, in connection with, or on behalf of the Corporation. Employee agrees that such Inventions and "Intellectual Material" shall become the sole and exclusive property of the Corporation and Employee Corporation. Executive hereby assigns to the Corporation Corporation, all of his her rights to any such Inventions and "Intellectual Material.intellectual material" created or developed by her during the course of her employment. As used herein, "Intellectual Materialintellectual material" shall include, but shall not be limited to, ideas, titles, themes, production ideas, methods of presentation, artistic renderings, sketches, plots, music, lyrics, dialogue, phrases, slogans, catch words, characters, names and similar literary, dramatic and musical material, trade names, trademarks and service marks and all copyrightable expressions in audio visual works, computer software, electronic circuitry and all mask works for integrated circuits. With respect Executive shall disclose the intellectual material promptly and completely to Inventions the Corporation and Intellectual Materialshall, Employee shall during the period of his her employment hereunder and at any time and from time to time hereafter (a) execute all documents requested by the Corporation for vesting in the Corporation or any of its affiliates the entire right, title and interest in and to the same, (b) execute all documents requested by the Corporation for filing and prosecuting such applications for patents, trademarks and/or copyrights as the Corporation, in its sole discretion, may desire to prosecute, and (c) give the Corporation all assistance it reasonably requires, including the giving of testimony in any suit, action or proceeding, in order to obtain, maintain and protect the Corporation's right therein and thereto. If any such assistance is required following the termination of Employee's employment with the Corporationthis Agreement, the Corporation shall reimburse Employee Executive for his lost wages or salary her time and the reasonable expenses incurred by him her in rendering such assistance. Anything contained in this paragraph to the contrary notwithstanding, this paragraph does not apply to an Invention or Intellectual Material invention for which no equipment, supplies, facilities, or trade secret information of the Corporation or its affiliates was used and which was developed entirely on the EmployeeExecutive's own time, unless (d) the Invention or Intellectual Material invention relates: (i) to the business of the CorporationCorporation or its affiliates, or (ii) to the Corporation's or any of its affiliates' actual or demonstrably anticipated research or development, or (iiie) the Invention or Intellectual Material invention results from any work performed by the Employee Executive for the CorporationCorporation or its affiliates.

Appears in 1 contract

Samples: Executive Employment Agreement (Midway Games Inc)

Invention Disclosure. Employee agrees to disclose to the Corporation promptly and fully all ideas, inventions, discoveries, developments or improvements ("Inventions") that may be made or conceived by him and all "Intellectual Material" (as defined below) that may be created or developed by him (whether such Inventions or "Intellectual Material" are developed solely by him or jointly with others) either during his employment by the Corporation or during a period of one (1) year after the termination of his employment with the Corporation which either (i) in any way is connected with or related to the actual or contemplated business, work, research or undertakings of the Corporation or (ii) results from or is suggested by any task, project or work that he may do for, in connection with, or on behalf of the Corporation. Employee agrees that such Inventions and "Intellectual Material" shall become the sole and exclusive property of the Corporation and Employee hereby assigns to the Corporation all of his rights to any such Inventions and "Intellectual Material." As used herein, "Intellectual Material" shall include, but shall not be limited to, ideas, titles, themes, production ideas, methods of presentation, artistic renderings, sketches, plots, music, lyrics, dialogue, phrases, slogans, catch words, characters, names and similar literary, dramatic and musical material, trade names, trademarks and service marks and all copyrightable expressions in audio visual works, computer software, electronic circuitry and all mask works for integrated circuits. With respect to Inventions and Intellectual Material, Employee shall during the period of his employment hereunder and at any time and from time to time hereafter (a) execute all documents requested by the Corporation for vesting in the Corporation the entire right, title and interest in and to the same, (b) execute all documents requested by the Corporation for filing and prosecuting such applications for patents, trademarks and/or copyrights as the Corporation, in its sole discretion, may desire to prosecute, and (c) give the Corporation all assistance it reasonably requires, including the giving of testimony in any suit, action or proceeding, in order to obtain, maintain and protect the Corporation's right therein and thereto. If any such assistance is required following the termination of Employee's employment with the Corporation, the Corporation shall reimburse Employee for his lost wages or salary and the reasonable expenses incurred by him in rendering such assistance. Anything contained in this paragraph to the contrary notwithstanding, this paragraph does not apply to an Invention or Intellectual Material for which no equipment, supplies, facilities, or trade secret information of the Corporation was used and which was developed entirely on the Employee's own time, unless the Invention or Intellectual Material relates: (i) to the business of the Corporation, (ii) to the Corporation's actual or demonstrably anticipated research or development, or (iii) the Invention or Intellectual Material results from any work performed by the Employee for the Corporation.'s

Appears in 1 contract

Samples: Employment Agreement (WMS Industries Inc /De/)

Invention Disclosure. Employee agrees to disclose to the Corporation promptly and fully all ideasAny invention, inventionsimprovement, discoveriesdesign, developments development or improvements ("Inventions") that may be made or conceived by him and all "Intellectual Material" (as defined below) that may be discovery conceived, developed, created or developed made by him (whether such Inventions Executive alone or "Intellectual Material" are developed solely by him or jointly with others) either , during his employment by the Corporation or during a period of one (1) year after the termination of his employment with the Corporation which either (i) in any way is connected with or related hereunder and applicable to the actual or contemplated business, work, research or undertakings business of the Corporation or (ii) results from its subsidiaries, whether or is suggested by any tasknot patentable or registrable, project or work that he may do for, in connection with, or on behalf of the Corporation. Employee agrees that such Inventions and "Intellectual Material" shall become the sole and exclusive property of the Corporation and Employee Corporation. Executive hereby assigns to the Corporation Corporation, all of his rights to any such Inventions and "Intellectual Material.intellectual material" created or developed by him during the course of his employment. As used herein, "Intellectual Materialintellectual material" shall include, but shall not be limited to, ideas, titles, themes, production ideas, methods of presentation, artistic renderings, sketches, plots, music, lyrics, dialogue, phrases, slogans, catch words, characters, names and similar literary, dramatic and musical material, trade names, trademarks and service marks and all copyrightable expressions in audio visual works, computer software, electronic circuitry and all mask works for integrated circuits. With respect Executive shall disclose the intellectual material promptly and completely to Inventions the Corporation and Intellectual Materialshall, Employee shall during the period of his employment hereunder and at any time and from time to time hereafter (a) execute all documents requested by the Corporation for vesting in the Corporation or any of its subsidiaries the entire entire, right, title and interest in and to the same, (b) execute all documents requested by the Corporation for filing and prosecuting such applications for patents, trademarks and/or copyrights as the Corporation, in its sole discretion, may desire to prosecute, and (c) give the Corporation all assistance it reasonably requires, including the giving of testimony in any suit, action or proceeding, in order to obtain, maintain and protect the Corporation's right therein and thereto. If any such assistance is required following the termination of Employee's employment with the Corporationthis Agreement, the Corporation shall reimburse Employee Executive for his lost wages or salary time and the reasonable expenses incurred by him in rendering such assistance. Anything contained in this paragraph to the contrary notwithstanding, this paragraph Section does not apply to an Invention or Intellectual Material invention for which no equipment, supplies, facilities, or trade secret information of the Corporation or its subsidiaries was used and which was developed entirely on the EmployeeExecutive's own time, unless (d) the Invention or Intellectual Material invention relates: (i) to the business of the CorporationCorporation or its subsidiaries, or (ii) to the Corporation's or any of its subsidiaries actual or demonstrably anticipated research or development, or (iiie) the Invention or Intellectual Material invention results from any work performed by the Employee Executive for the CorporationCorporation or its subsidiaries.

Appears in 1 contract

Samples: Executive Employment Agreement (WMS Industries Inc /De/)

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Invention Disclosure. Employee agrees to disclose to the Corporation promptly and fully all ideas, inventions, discoveries, developments or improvements ("Inventions") that may be made or conceived by him his and all "Intellectual Material" (as defined below) that may be created or developed by him his (whether such Inventions or "Intellectual Material" are developed solely by him or jointly with others) either during his employment by the Corporation or during a period of one (1) year after the termination of his employment with the Corporation which either (i) in any way is connected with or related to the actual or contemplated business, work, research or undertakings of the Corporation or (ii) results from or is suggested by any task, project or work that he may do for, in connection with, or on behalf of the Corporation. Employee agrees that such Inventions and "Intellectual Material" shall become the sole and exclusive property of the Corporation and Employee hereby assigns to the Corporation all of his rights to any such Inventions and "Intellectual Material." As used herein, . "Intellectual Material" shall include, but shall not be limited to, ideas, titles, themes, production ideas, methods of presentation, artistic renderings, sketches, plots, music, lyrics, dialogue, phrases, slogans, catch words, characters, names and similar literary, dramatic and musical material, trade names, trademarks and service marks and all copyrightable expressions in audio visual works, computer software, electronic circuitry and all mask works for integrated circuits. With respect to Inventions and Intellectual Material, Employee shall during the period of his employment hereunder and at any time and from time to time hereafter (a) execute all documents requested by the Corporation for vesting in the Corporation the entire right, title and interest in and to the same, (b) execute all documents requested by the Corporation for filing and prosecuting such applications for patents, trademarks and/or copyrights as the Corporation, in its sole discretion, may desire to prosecute, and (c) give the Corporation all assistance it reasonably requires, including the giving of testimony in any suit, action or proceeding, in order to obtain, maintain and protect the Corporation's right therein and thereto. If any such assistance is required following the termination of Employee's employment with the Corporation, the Corporation shall reimburse Employee for his lost wages or salary and the reasonable expenses incurred by him in rendering such assistance. Anything contained in this paragraph to the contrary notwithstanding, this paragraph does not apply to an Invention or Intellectual Material for which no equipment, supplies, facilities, or trade secret information of the Corporation was used and which was developed entirely on the Employee's own time, unless the Invention or Intellectual Material relates: (i) to the business of the Corporation, (ii) to the Corporation's actual or demonstrably anticipated research or development, or (iii) the Invention or Intellectual Material results from any work performed by the Employee for the Corporation.

Appears in 1 contract

Samples: Employment Agreement (WMS Industries Inc /De/)

Invention Disclosure. Employee agrees to disclose to the Corporation promptly and fully all ideasAny invention, inventionsimprovement, discoveriesdesign, developments development or improvements ("Inventions") that may be made or conceived by him and all "Intellectual Material" (as defined below) that may be discovery conceived, developed, created or developed made by him (whether such Inventions Executive alone or "Intellectual Material" are developed solely by him or jointly with others) either , during his employment by the Corporation or during a period of one (1) year after the termination of his employment with the Corporation which either (i) in any way is connected with or related hereunder and applicable to the actual or contemplated business, work, research or undertakings business of the Corporation or (ii) results from its affiliates, whether or is suggested by any tasknot patentable or registrable, project or work that he may do for, in connection with, or on behalf of the Corporation. Employee agrees that such Inventions and "Intellectual Material" shall become the sole and exclusive property of the Corporation and Employee Corporation. Executive hereby assigns to the Corporation Corporation, all of his rights to any such Inventions and "Intellectual Material.intellectual material" created or developed by him during the course of his employment. As used herein, "Intellectual Materialintellectual material" shall include, but shall not be limited to, ideas, titles, themes, production ideas, methods of presentation, artistic renderings, sketches, plots, music, lyrics, dialogue, phrases, slogans, catch words, characters, names and similar literary, dramatic and musical material, trade names, trademarks and service marks and all copyrightable expressions in audio visual works, computer software, electronic circuitry and all mask works for integrated circuits. With respect Executive shall disclose such intellectual material promptly and completely to Inventions the Corporation and Intellectual Materialshall, Employee shall during the period of his employment hereunder and at any time and from time to time hereafter (a) execute all documents requested by the Corporation for vesting in the Corporation or any of its affiliates the entire right, title and interest in and to the same, (b) execute all documents requested by the Corporation for filing and prosecuting such applications for patents, trademarks and/or copyrights as the Corporation, in its sole discretion, may desire to prosecute, and (c) give the Corporation all assistance it reasonably requires, including the giving of testimony in any suit, action or proceeding, in order to obtain, maintain and protect the Corporation's right therein and thereto. If any such assistance is required following the termination of Employee's employment with the Corporationthis Agreement, the Corporation shall reimburse Employee Executive for his lost wages or salary time and the reasonable expenses incurred by him in rendering such assistance. Anything contained in this paragraph to the contrary notwithstanding, this paragraph does not apply to an Invention or Intellectual Material invention for which no equipment, supplies, facilities, or trade secret information of the Corporation or its affiliates was used and which was developed entirely on the EmployeeExecutive's own time, unless (d) the Invention or Intellectual Material invention relates: (i) to the business of the CorporationCorporation or its affiliates, or (ii) to the Corporation's or any of its affiliates' actual or demonstrably anticipated research or development, or (iiie) the Invention or Intellectual Material invention results from any work performed by the Employee Executive for the CorporationCorporation or its affiliates.

Appears in 1 contract

Samples: Executive Employment Agreement (Midway Games Inc)

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